Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Desalination
Trader87
Oyster project partner Siemens might help
TAILORED WATER TECHNOLOGIES TO SPECIFIC AREAS OF APPLICATION
Requirements in the areas of drinking water, waste water, and desalination vary widely. That’s why Siemens offers a selection of perfectly tailored solutions that ensure maximum efficiency and sustainability …
Taverham
Apparently not according to Telegraph:
Ratcliffe to build green hydrogen plants across Europe but not in Britain
http://digitaleditions.telegraph.co.uk/data/761/reader/reader.html?social#!preferred/0/package/761/pub/761/page/93/article/229461
Quite right. It is regulation stuff which gives information for:
… an investor who acquires, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% of a UK Company, must disclose their interests to the London Stock Exchange and the company, within two days.
The RNS shows the total of issued shares upon which to calculate the % holding and declare as necessary
The point is that new investors and partners can be involved in and provide finance to ITM Motive Ltd at a separate valuation focused into these sectors without having to be a shareholder in the listed company. This is not possible as a division. and the new company has a great deal more autonomy. The whole hydrogen sector dropped heavily Mon/Tue and the ITM fall was not necessarily related only to this spin out.
Lutra
There are several webinars where Graham Cooley states the present and future case for ITM. He is an engineering expert on all the issues that are the opportunities for ITM to thrive and it is more important that he concentrates in this area alongside Linde and Snam who are in the field. The webinar link below with ITM and Snam is very informative and also gives an excellent insight into the strength of Snam explained by Cosma Panzacci - Exec. Vice President for Hydrogen. It was before the Shell 100MW announcement
https://www.sintef.no/projectweb/greenh2webinars/webinar-archive/
Graham Cooley looks like death warmed up but don’t let that put you off!!
Try
https://www.reuters.com/article/us-shell-strategy-insight-idUSKBN2A10ZZ
The attached link below is Simon Bourne presentation from 2017 but it illustrates the way ITM was then working on a modular approach, and the aspirations of 2017 presentation have now been achieved. It was of course 2 years before the Linde JV which was the greatest ITM milestone and due diligence.
The manufacturing will be in the new factory, and the plant will be in Germany. The reference to 2022 I think means the plant in Germany will be operational by then, so the ITM stacks will need to be built in the time leading up to that date, not starting 2022 as it might be interpreted in today’s announcement.
Questions about how long to produce 24 MW = “not very long” in a factory capable of producing 1,000 MW each year!
All recent news flow and great partnerships makes the negative results to be announced this week irrelevant!
Link
https://youtu.be/eku0GuSKiIc
Part of Daily Telegraph article today
“In 2016, the steel company, along with iron ore miner LKAB and power company Vattenfall – both controlled by the state – announced HYBRIT (Hydrogen Breakthrough Ironmaking Technology). The initiative aims to remove carbon emissions from every stage of the iron and steelmaking process, starting at LKAB’s iron ore mines in the mountains of Lapland.
“There is no other project in the world at the moment which is this ambitious,” says Johan Martinsson, a researcher at the Swerim metals research institute.
The pilot plant will take water from the Lule river, electrolyse it and use the hydrogen produced to react with the oxygen in iron ore to create direct reduced iron, or sponge iron. Right now, the plant is being run on natural gas during testing, but when it switches to hydrogen next spring, it will produce the world’s first fossil-free sponge iron, some of which will be turned into fossil-free steel. It won’t be until 2026, though, that the first fossil-free steel from SSAB’s industrial-scale demonstration plant hits the market, and not until 2040 that the final lump of coal is burnt at the Lulea steel mill.”
Linde and Snam Agreement Signed
Mon, 7th Dec 2020 12:00
RNS Number : 7640H
ITM Power PLC
07 December 2020
7 December 2020
ITM Power plc
("ITM Power" or "the Company")
Linde and Snam Agreement to Develop Clean Hydrogen Projects in Europe
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement today of an agreement between two of the Company's key strategic partners and shareholders to collaborate on clean hydrogen projects in Europe. The full joint announcement is set out below:
Snam and Linde sign agreement
to jointly develop clean hydrogen projects
San Donato Milanese (MI), 7 December 2020 - Snam, one of the world's leading energy infrastructure companies, announced today that it has signed a memorandum of understanding (MoU) with Linde (NYSE: LIN; FWB: LIN), a leading global industrial gases and engineering company, to jointly develop clean hydrogen projects and related infrastructure in Europe.
Linde and Snam will work together to promote key technologies along the hydrogen value chain and develop opportunities for joint investments in commercial projects in the areas of production, distribution, compression and storage.
"Hydrogen is expected to play a significant role in achieving the European Green Deal targets," said Steve Angel, Chief Executive Officer, Linde. "We are very pleased to collaborate with Snam, a recognized leader at the forefront of the energy transition, in the development of the clean hydrogen economy in Europe."
"With this agreement, we combine the know-how and innovative capabilities of both Linde and Snam in order to contribute to scaling-up hydrogen and reaching climate goals, aligned with the European Hydrogen Strategy," said Marco Alverà, Chief Executive Officer, Snam. "The collaboration with one of the world's leading companies in the sector strengthens our role as operator along the hydrogen value chain and lays the foundation for new joint projects."
Linde is a global leader in the production, processing, storage and distribution of hydrogen. It has the largest liquid hydrogen capacity and distribution system in the world.
Snam is actively promoting the adoption of hydrogen and has been amongst the first companies in the world to experiment with a blend of up to 10% of hydrogen into its gas transmission network in Italy. Approximately 50% of the investments included in Snam's 2020-2024 plan is dedicated to a "hydrogen-ready" infrastructure. The company has signed several partnerships both in Italy and internationally to contribute to the development of hydrogen's value chain, also by fostering its uses in both industry and transports.
Both Snam and Linde are shareholders of ITM Power, a British company operating in the green hydrogen landscape.
The implementation of the projects will be regulated through separate agreements negotiated between the parties in comp