The worrying thing now is predators circling ready to pounce and grab the long term potential benefits we have all been counting on. Likewise Nel, McPhy etc. This may be gheir last opportunity. Peasants getting shafted as always.
RE: Heat Pump Strategy in Tatters14 Jan 2022 10:53
Govt tries to tout heat pumps are same price as gas boilers because of the subsidy. Who pays for the effing subsidy? Don't worry we'll give you a £10k grant for your heat pump - loads more dosh where that comes from. Just bung it on taxation - easy peasy.
It indicates that our technology is well regarded and competitive. Germany is embracing ITM - and that is a high accolade! Factory 3 will be there I think - get the schnapps ready for the announcement!
I think we oight to thank our lucky stars that ITM was not bought out 18 months ago. Hang on in there and don't take anything for granted except that H2 will be massive and critical for mankind's survival. If you are having jitters just google Thwaites Glacier - a ticking time bomb that is really going to have a 'Don't Look Up' impact on Govt expenditures soon.....
Alternatively, we could ask for a factory tour for our LSE board in the summer sometime and book into a local hotel for a dinner. Then repeat as they open new factories across the globe. SP will cover costs:-)
The SP movement was the same when the decimal point was in front of the 3. At some point in time there will be another move of the decimal point to the right. I would not be surprised if that occurs before 2030 given the legislative imperatives to transition away from fossil fuels and recognition that renewables are proving to be cheaper. A lot of money is still tied up in ff and a big slice of that will come to hydrogen. Food for thought.....