The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
For ships that are already powered by diesel-electric it might be a matter of replacing the diesel generators with hydrogen/FC generators. Then presumably they would need ammonia fuel tanks and ammonia crackers. Not exactly simple modifications, but possible.
Thank for that very interesting info mja. That makes a lot of sense, all of the recycling facilities close together, with PHE's DMG in the middle! So the DMG will be able to get its feedstocks from all sides. I just hope that they can get the deal with Peel done quickly, then all of the construction work can be done at the same time, maybe in Q2!
Seems India could use a lot of DMG units, urgently!
https://www.youtube.com/watch?app=desktop&v=f1cyN3cY5kM
Let's take it step at a time! The focus right now must be on the FOAK at Protos, assuming that that's where the FOAK will be. And it seems fairly certain that it is M Dryers who will be producing the TCC.
Actually Castlepaul, it's the new Chairman that we're expecting be announced imminently, not the new CEO. The new CEO will be announced at some point in the future, hopefully not too far away, and Keith Riley will retain the CEO position until the new one is appointed.
Thanks sharesport.
Where's the announcement about the delay, I can't find it.
Interesting, so that's blue hydrogen to be produced from natural gas. And natural gas is virtually the same, or similar, to the syngas produced by the DMG. Presumably they will have a "carbon capture" facility as well?
But yes, LedZep, that's the timing that I gleaned from the interview as well. Select the contractor and sign off with them about the end of March, and Financial Close around that time or shortly after. I actually think that Peel and PHE will both want to reach FC by the end of March, because that's when Peel's option to take up UK Developer Exclusivity expires and I can't see that being extended again. Also the date that PHE's loan of £3M to the SPV is supposed to be repaid, and I can't see that being extended either.
I'm no expert on Planning rules and regulations, but I would have thought that they would need to at least run the foundations of the buildings within the 3-years period, and not just the basic site infrastructure i.e. roads and and services etc.
This is down to pure ignorance and inability of governments to think outside the box. Instead of going along with the ideas of ill-informed protestors, Peel, PHE, the local authority and the goverment should have engaged with the protestors to explain the process and educate them. This issue about the DMG being classified as incineration is really very serious and has to be addressed. Let's hope they don't start the same silly protests in England.
I really think that Peel had an obligation to nail this one, as they are apparently seeking to have exclusivity as developer of the DMG technology throughout the UK. Which still includes Scotland, by the way!