Member Info for SatellitePro

It took a very long time to find oil. This will be quicker......

Https://www.prnewswire.co.uk/news-releases/ics-new-hydrogen-demand-report-reveals-once-in-a-generation-opportunity-302225418.html

.....being affected by these pressures. Momentum is gathering though, that is plain to see. The heat pump policy is in tatters and unsustainable. Auto manufacturers are warming to the FC concept, climate change is getting worse, abundant etc etc. But above all H2 is the fuel of the future - we all know that. It is staring us in the face.

If Democrats retain the Presidency and get a majority in Congress, it will make a big difference vs the alternative. H2 is currently swimming against strong tides.... Not only ITM bein

How did the SP get to 682? The fundamentals now are much better. Anything could happen.....not worth being introspective given these small fluctuations. Just buy.

Like a good wine - still maturing. Patience.

Https://www.theguardian.com/environment/2023/mar/09/fossil-fuels-more-support-uk-than-renewables-since-2015

£20B more to fossils than renewables. That's bordering on criminal given Climate Change targets let alone totally inexcusable......

The Labour government has committed to not issuing any new oil or gas exploration licenses, in addition to maintaining a permanent ban on fracking and new coal licenses. This signals:

a move to make Britain energy independent

a decisive shift towards renewable energy sources

businesses involved in fossil fuels will need to pivot towards cleaner energy options

those already invested in renewables will see increased support and potential for growth

Labour says it will keep a strategic reserve of gas power stations to guarantee supply security.

Https://www.theguardian.com/environment/article/2024/jul/08/labour-lifts-ban-onshore-windfarms-planning-policy

Wait for the announcement on fossil subsidies......

Https://www.science.org/content/article/giant-international-fusion-project-big-trouble

The photo was misleading - apparently they are using Mirai fuel cell for the Hilux.

https://mag.toyota.co.uk/hydrogen-hilux/

Https://www.bbc.com/news/articles/c4ngvk2d8ego

Over-supply of abundant, very cheap renewable energy, undermines Elon Musk's efficiency argument against using hydrogen and he knows it. There will come a time when renewable electricity will be so cheap and abundant, converting it into hydrogen will seem the obvious thing to do rather than making more and more batteries.

To roll back green funding. I wonder if Sunak is at it too........

https://www.politico.com/news/2024/05/09/trump-asks-oil-executives-campaign-finance-00157131

Https://theenergyst.com/wrightbus-secures-german-order-for-46-hydrogen-buses/

Great opportunity for Wrightbus and ITM. https://www.itv.com/news/london/2024-05-08/mayor-signals-the-end-of-the-boris-bus-in-mission-to-clean-up-the-capitals-air

I think we may have grit in the carburettor.

Accumulate.

All the ITM competition has suffered similar SP drops since the 2020 bonanza - it seems to be a sector issue rather than ITM specific. Hopefully, sense will prevail at some point and we will begin to see rises again across the board.

Https://www.reuters.com/sustainability/norway-wealth-fund-tells-companies-plan-climate-transition-2023-09-15/