RE: NEL go NUCLEAR - think I said this June 202013 Oct 2021 21:13
Exelon Generation announced yesterday it has received a grant from the US Department of Energy (DOE) to explore the potential benefits of on-site hydrogen production at Nine Mile Point. The company will partner with Nel Hydrogen, Argonne National Laboratory, Idaho National Laboratory, and the National Renewable Energy Laboratory to demonstrate integrated production, storage and normal usage at the plant.
The PEM electrolyser will be installed at the plant and operations are expected to begin in 2022. It will use the plant's existing hydrogen storage system and supporting infrastructure. Exelon Generation noted the amount of hydrogen safely stored at the site will not change significantly as a result of this initiative and plant staff are fully prepared to support the project using existing operational protocols.
"The project will generate an economical supply of hydrogen, a natural by-product of nuclear energy, to be safely captured, stored and potentially taken to market as a 100% carbon-free source of power for other purposes, including industrial applications such as transportation," Exelon Generation said.
"This partnership with DOE reflects our continued commitment to innovation and further demonstrates the immense value of our nuclear fleet and its ability to provide carbon-free energy to the communities we serve," said Dave Rhoades, Exelon Generation's chief nuclear officer. "Among our many options, we chose the New York site, recognising the strong partnership that we have had with the State, including the support for nuclear energy provided through the New York Public Service Commission's clean energy standard."
June 2020... Shows the good things come to those who wait. If you read back on my millions of posts here you will be left scratching your head, me too at times these last 3 months BUT HEROYA IS A GAMECHANGER - over used on forums and one I avoid - but in this instance absolutely game change ing. 144 electrolysers A DAY.
Since 2016 proton power now NEL Wallingford USA built and shipped around 3700. So in 5 years hydrogen for Proton now NEL has made 3700 approx.
That WILL be 1 months production at Heroya.
In 1 month they will provide as programmed by the fully automated system front to back end near 4200 PER MONTH and investors are still not sure this will make an impact in year on year figures GLOBALLY ???
Rock solid buy all the way , long term. By 2025 NEL will be a name that is so much more well known .... Royal Dutch Shell or BP or EXXON Hydrogen imho.
If they stay solo then NK 80.00-100.00 is possible.
Once the really big projects of Ammonia processing, Steel processing at huge steelmills and Marine Tanker supply then the REALLY BIG $$$ come in to play.
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