Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I watched this and topped up today.
What this pandemic has shown is that people don't like to queue , hence online shopping took off.
Now matter how good the EV infrastructure becomes , with 30 minute charging times when out and about , and the potential of having to queue on top , people will look for an alternative.
If the green hydrogen refuelling network can come up on the rails over before the end of the decade , FCEV's are a no brainer. It's going to be the nearest to what people are used too.
A great future for ITM Motive here and I can see why it has been spun off because it's going to be an amazingly sellable assert for ITM in the future.
And I just keep reading things like this and keep buying on these dips.
National Grid are not going to let one of their assets they have invested a lot in become defunct.
A lot of people say it takes a lot of energy to produce green hydrogen from wind and solar but when that energy can't be stored and wasted , green hydrogen comes to the rescue and it can be stored for a lot longer than power stored in batteries.
A good read , previously shared last week , but worth referring back to when you get the sceptics going on about the negatives of green hydrogen .........
https://www.nationalgrid.com/stories/energy-explained/what-is-hydrogen
H will have more to worry about when Hydrogen car sales overtake EV cars inside the next decade as green hydrogen becomes more mainstream and on a lot of forecourts.
It's a no brainer. Queue hours for a charge , or all done in 3 minutes with a Hydrogen fill up and over 400 miles in the tank.
People like convenience , EV's are like going back to horse and carts where you have to stop off for an hour to give the horse a break.
Who wants to go back when Hydrogen can take you forward.
My next car will be Hydrogen when I chop the petrol car in, and ITM and a few others will help fund it in the next 5 years, of that I am certain.
Don't worry about a thing , every little things gonna be alright..........
https://shipandbunker.com/news/world/211420-bloomberg-analysts-see-green-hydrogen-outcompeting-blue-by-2030
Just keep searching the daily news articles on green hydrogen a r don't let the this week put you off.
What an amazing entry point for anyone wanting to dip their toes in, and they will.
Hydrogen is too advanced , I would be more worried about anyone investing in things that hydrogen will make obsolete inside the the next 10 years.
Elon Musk may be calling fuel cells " fool cells " right now, but I think he will be the one to turn out the fool as the Hydrogen car pulls off the forecourt in 3 minutes with 400+ miles in the tank , whilst the EV's queue for their 30 minute fix to get home and plug in again.
Hold on tight , don't be fooled into panicking.
Such small volume this morning , yet we see another large drop.
Another day of bargains and rollercoaster rides, and maybe stress for those who might feel concerned.
My advice , make yourself a coffee do a news search of " green hydrogen " or have a read of the latest copy of H2 View magazine , if you subscribe , then go off and do the gardening for the day, come back in, eat tea, put feet up and think of where we will be in 5 years time.
Well I for one am glad to have Linde on board as an investor.
You only have to ask yourself why a company like Linde invested in ITM Power, could it be that this well established player in the gas market knows it needs partners to work with to maintain future growth.
Makes perfect sense to me ..........
https://www.gasworld.com/linde-reports-record-number-of-small-on-site-contracts-in-2020/2020866.article
We have been there before and in reality nothing has changed since last week apart from we have learned that ITM Motive is expanding in an ever growing market.
A good read below and just makes me realise that buying on there unfounded dips is the right thing to do.
Some good reminders that ITM Power is a key player in the green hydrogen marker in this article.
https://www.pv-magazine.com/2021/05/04/the-hydrogen-stream-rosatom-edf-join-forces-shell-builds-europes-largest-pem-electrolyzer/
There will be some worried EV manufactures about once Toyota roll this out into the mainstream.
https://www.thisismoney.co.uk/money/cars/article-9540603/Toyota-Mirai-review-second-generation-hydrogen-fuel-cell-car.html
A good read from Bosch.
Somebody has to produce the kit to feed their fuel cells....
https://www.h2-view.com/story/bosch-to-invest-e1bn-into-fuel-cell-technology/
This is a really good article in the Sunday Times below and the more I read into it Hydrogen really is the one of the best options to achieve net zero efficiently.
The gas grid is in place and eventually, after a 20% mix of Hydrogen using existing boilers, it can take 100% hydrogen with a replacement boiler.
That will be a lot easier and less costly than trying to retro fit heat pumps to existing housing stock which will still make up most of the housing mix over the coming decades.
Heat pumps do not really work well with radiator systems where the preference is to use low underfloor heating , most homes are currently heated by radiators so a future hydrogen boiler heated home for existing housing stock will be the best option.
It's easy to integrate Hydrogen into existing fuel stations , not so easy and cost effective for electric car infrastructure, people would prefer a quick fill up option to give a 400+ mile range in juts 3 minutes , pretty much what they have been used to. The biggest AA breakdown call out is electric cars running out of juice , this does not bode well for the long term future of electric transport.
Both China and Japan seem to be the real early adopters, the world will follow.
A lot of people are playing down Hydrogen in my view because so much has been invested in other areas that could become obsolete due to Hydrogen taking hold.
It's going to be a very interesting decade ahead.
I am glad I stuck with it over the last 6 years where all the same negativity existed , financially it's been life changing for me the last 6 years being invested in hydrogen , and I think the next six years will be even better.
Yes I have taken a lot of profit the last 12 months , but I remain well invested for the future , there is a lot more growth to come in my opinion.
I would be very worried if I was Elon Musk, he has a lot to lose if hydrogen wins the day.
A good read below .......
https://www.thetimes.co.uk/article/ce8921da-a43d-11eb-9808-bf328d2144aa?shareToken=b6bbf798b8e45407fec87abb186717f2
Yes Oldbrian for the the moment. I guess it's the problem when people are sitting on a lot of profit and the MM's are doing their best to try and get some to take the profit.
It's not really working though, still no major sales but I guess no major buyers in the market yet, time will change the latter as the contract RNS's get larger and more often.
Good to see the SP rise above 500p again after justified good support levels in the 450p - 499p range the last couple of weeks.
A good steady flow of RNS's reinforcing the value of the Linde link up.
Next stop 600p and very likely not too far in the distance.
A good hold at the moment and a strong buy for anyone wanting to dip their toe in the water.
Today's SP will seem extremely cheap in five years looking back is my view , just like the last five years really when it was a real punt.
Very much de-risked now compared to when I first bought , worth doing your research if you have yet to buy into ITM.
A great read and good news on Keele university project which looks like it's being extended due to positive results.
Looks like this could initially lead to a national roll out of the 20% mix of Hydrogen whilst we await 100% inside the next decade.
This could have a swift major impact on the SP over over the summer.
https://www.thetimes.co.uk/article/c90ccade-9e9a-11eb-9528-e3733dc789af?shareToken=cab8df19008820a2347583611f7cd8d4