Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Definitely Somersetgreen, PV are just a waste of time, I shake my head when I see acres and acres of land turned over to solar, they’re for charging laptop batteries in caravans not industrial scale generation. That’s they key, EROI and capacity factor/intermittency, a modern industrial society needs those to function, cannot escape those realities.
National grid sent out an urgent request today for 524MW of generation, due to increased demand and unusual slack winds and we are only at what 25% wind penetration? Exact same problems Germany came across and I don’t for one minute think massive batteries is the answer on side scale, you put energy into making them without getting any out. Tidal has gone completely under the radar but I’m hoping as wind penetration increases problems with intermittency will become more apparent and the benefits of this tech should allow it to sneak in nicely. Sit tight!
https://www.theguardian.com/business/2021/jan/05/cold-snap-sees-uk-electricity-market-prices-reach-new-high
https://www.google.co.uk/amp/s/www.sciencenews.org/article/new-iron-based-catalyst-converts-carbon-dioxide-into-jet-fuel/amp
I mean this is not a new concept but sounds like they have stumbled on a significantly more efficient process for obtaining Syngas from CO2. I’d imagine we are still talking high energy input so it’s not going to revolutionise the world. Wonder if Velocys is in a position to pilot this tech given its come out of Oxford. Anybody know anything?
Still very much hangs in the balance despite the Supreme Court overruling, the very final paragraph which is a quote from the climate change committee is interesting!
https://www.theguardian.com/environment/2020/dec/16/top-uk-court-overturns-block-on-heathrows-third-runway
Personally the biggest thing for me out of that white paper is the details of a revenue mechanism to incentivise investment in carbon capture by 2021, the way I see that is carbon pricing, this is the key to making synthetic fuels viable. Coupled with Velocys plans to build a CCU plant. It’s hard to picture how this is going to play out at this early stage as governments jurisdiction doesn’t extend into international aviation, that belongs to ICAO but they have got them to commit to carbon Neautral growth from 2020.....
Has anybody found any studies which may indicate the EROI of Velocys Fischer Tropsch process specifically?
Go and visit your local testing centre and see how many people are there, naff all is my bet. The cure is worse than the disease
I honestly think Velocys won’t be allowed to fail. The government has signed up to various treaties that it cannot afford to not comply with when the deadlines expire, mainly from a global image standpoint, countries will shy away from doing business with polluting economies due to societal pressure. Velocys has been backed by big players in the game and has that oxford university tag that comes with it. Velocys and Competitors solve a few little problems without requiring massive investment in aviation/minicipal waste streams, there’s no huge risk to jobs I.e it isn’t going to put Rolls Royce out of business, our government will like that.
Yes there will be competitors, But there’s room in the market for more than one operator, the last time there was a monopoly on fuels John D Rockefeller was around. Competition is healthy, it pushes innovation, keeps prices in check and provides stability of supply. I won’t be worried every time somebody pastes a link to a competitor trying to do the same thing, it’s proof of concept and right now that is the only risk to our capital as shareholders in these very early stages.
I saw in a interview on YouTube, the CEO has exposure to some 10million shares, so he has plenty of motivation to push this forward.
Good pick in that case!
You saw some big gains last week, lots of people rushed in on a good RNS and short term holders cash out for a quick profit. This is nothing new, most big movers retreat before continuing upwards. If your a long term investor daily fluctuations shouldn’t bother you, spend your time researching what the business is up to instead as that is what matters in the end!
Anybody remember Wonga? .....