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Excerpt - 'Investment in clean energy outpaced investment in oil, gas and coal last year two-to-one, but fossil fuels account for more than 80% of global energy consumption, and growth in renewables still lags behind new demand.'

There should be zero investment in fossil fuels......it is pouring gasoline onto the fire.

@jimb2

Couple that with Neptunes/Poseidons and Thunderbirds are Go!!

Does JCB need to specify a hydrogen supplier for their engines? It should be up to the customer to choose refuelling arrangements.

What needs to sink home isn't just the news of orders but also the massive future potential that they signal; ITM has a superior product portfolio that has been recognised by winning multiple tender competitions. They are market leaders in a rapidly growing market.

I always thought fc/battery was the way to go for cars

Quote - The world’s biggest banks significantly increased their fossil fuel finance in 2024, according to an analysis.

The top 65 lenders – which include UK giants Barclays, HSBC, Natwest and Lloyds Banking Group – committed 869 billion dollars (£639 billion) in financing to fossil fuels, the 16th annual Banking on Climate Chaos report said.

Having just crossed France passing hundreds of diesel HGVs spewing out filthy fumes +many refrigerated so running engines 24/7), it really brings home how H2 could make a massive difference to that sector alone.

The clock is ticking on the next blockbuster RNS.

Nuclear power stations are highly vulnerable to attack and continue our energy dependence on other nations; in a rapidly changing world this is exposes us to high risks in the future compared to renewables (which are also much faster to implement and less costly to decommission at life end).

This RNS is the last thing the shorters want to hear and will hasten the demise of the clever clogs who decided shorting ITM was a good idea.....

It would be preferable to avoid wild swings but the trajectory is clearly upwards, helped along by the shorts exposure and great RNS releases.

On the 5 yr chart this is still very very low but with much more solid foundations. A couple more RNSs will get it back up to where it should be......

David and Goliath on the shorts.

Hard to predict the short exit impact on the SP and the aftermath. Oh for a crystal ball......

Totally agree Cureboy. Foundations and potential are to solid to sell.

Qube blinked first....Helicon next....

Clean hydrogen is also a path to energy independence - which Putin and Trump and Middle East all show is more important now than ever before. This will be a major additional catalyst moving forward.

The shorts alone make ITM worth buying imho (based on RNS releases already made).

Fascinating to see how and when the shorts exit and the impact on the SP when it happens........

Will it be a Qube vs Helicon race to the exit.....