Member Info for MrH_m

I suspect there will be lots from AFC jumping ship and joining us very soon, if not already

OK, thanks for update

If not posted this week, then they must have some big news to reference

...first week in June

The last few Trading Updates have all been released on a Thursday

Thanks all - feeling more confident about my position here

This is what ChatGPT states...anyone else?

To estimate the potential revenue for the supply of 300 MW of electrolysers, we need to consider:

Cost per MW of electrolysis capacity

Whether the revenue includes only the electrolyser systems or also installation, commissioning, balance of plant, etc.

Type of electrolyser – Alkaline, PEM, or Solid Oxide (costs vary)

1. Estimated Cost per MW

Industry benchmarks (as of 2024-2025) suggest:

Electrolyser Type CapEx (USD/MW) – System Only Notes

Alkaline $500,000 – $900,000 Most cost-effective

PEM $800,000 – $1,400,000 Higher efficiency

Solid Oxide $1,000,000 – $1,800,000 Less mature

These figures often exclude installation, balance of plant (BoP), and other EPC costs.

2. Revenue Calculation for 300 MW

Let’s assume:

You're supplying only the electrolysers, not full EPC.

Type: PEM electrolysers

Unit cost: $1 million per MW (a mid-range estimate)

Potential Revenue = 300 MW × $1 million/MW = $300 million

3. Alternative Scenarios

Scenario Cost per MW (USD) 300 MW Revenue (USD)

Low-end alkaline only $500,000 $150 million

High-end PEM with installation $1.5 million $450 million

Full EPC including BoP and O&M $2–3 million $600M – $900M

Conclusion

💡 Estimated revenue for the supply of 300 MW of electrolysers ranges between $150 million and $450 million, depending on technology and scope.

Has anyone analysed the potential revenue for the supply of 300MW of electrolysers?

Most seem confident the FID approval will come. Massive potential here

Looks like an RNS is well overdue

Keep going Mikey. .what's after 165p?

68.3 now

66.2 offered with Lloyds

Agreed Warrie - for the next update can they add a para at the bottom saying how “… we have agreed solutions with the government to solve all the points above” please ☺️

Great company, but yes strange RNS

The current ask on LSE looks healthy 🙃

Just read the last interim report and raised revenue guidance - what’s not to like here?!

Someone is confident with that £200k buy at 75p

You have a lisp ?

Perhaps that was a worked drop then to facilitate that big buy?