RE: HySynergy Frederica - Everfuel = NEL ELECTROLYSERS27 Jan 2022 09:26
Nearly one-half the energy consumed by refineries is obtained from by-product refinery gas and coke, and about one-third is supplied by natural gas. On a regional basis, refineries were found to vary by a factor of two in the amount of energy used to refine a unit of crude oil.
I would assume, the refining byproduct will still provide some of the power supply but I have seen plans for 2025 and another oil refinery using biomass, solar and obviously hydrogen.
The point of changing to hydrogen power is to remove byproducts CO2 from power creation, which you know, so I would assume this is the focus and not necessarily removing the 'blue' aspect of natural gas, but to convert more of that supply to the electrolysers to solar and to use some of the electricity they produce back in a loop to the actual electrolysers ?
Good question. I am no engineer, but if the EU are to help fund the transition and 300mw of power is switching to hydrogen then it must be a benefit.
Also Nel partner Hexagon Composites, Hexagon Agility also provide hydrogen storage solutions, which would be direct hydrogen supply to energy units as electricity ?
Either way, for me selling the units matters not necessarily the functioning details. I would leave that to the experts. With China US and India pumping so much CO2 out , the climate change issue is pretty murky to me. I am here to make money tbh.
One tip for investing in this swamp of snakes is follow the big money.
I note late after oslo closed NOK13 million buy went through. Since mid Dec and the slow fall of the sp big buys have been going through after close quite often.
NOK30M is the biggest so far as a buy.
Someone has the faith to buy NOK30M at around NOK13 is looking like a good pointer. Q4 results could drop any day now. That should give us all a better view of the next 6 months or so
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