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I agree - risk spreading is essential as ever unless you are into high risk gambling. A game of roulette at the end of the day! GLA.

I agree Toneman though the current SP makes us very vulnerable. We would get a small margin vs multiples of the current SP. Sadly this is always the risk with small AIM companies with great prospects. We are at the bottom of the food chain with no champions to fight our corner or weapons in our armoury to protect us.

https://firsthydrogen.com/

https://spectra.mhi.com/takasago-demonstrating-the-power-of-hydrogen

Do MPs ever care about saddling future generations with unknown costs vs today's expediency and staying in power. Businesses have to account for whole life costs - MPs have a bottomless pit of taxation. Green energy doesn't have the massive decommissioning burden of nuclear with the associated £billions of costs.

Hornsea Project One has a total capacity of up to 1.2 GW, which will be able to meet the electricity needs of around 1 million UK homes, once completed. The project is estimated to cost at least £4.2 billion.

ie less than 3% of the cost of decommissioning old nuclear power stations.

We never learn. Report excerpt amidst all the failings:

According to its most recent estimates it will cost current and future generations of UK taxpayers £132 billion to decommission the UK’s civil nuclear sites, and the work will not be completed for another 120 years - with significant impacts on the lives of those who live near the sites.

What they never mention when promoting the benefits of nuclear - cleaning up after the party:

https://committees.parliament.uk/committee/127/public-accounts-committee/news/136734/sorry-saga-of-disused-nuclear-sites-will-cost-generations-of-uk-taxpayer/

Decommissioning hydrogen refuelling stations in 2022 is a new kind of crazy for UK. Equivalent to retreating before the battle has even started. What is the opposite of inspirational? Pitiful politicians are to blame for this and it will go down in history as an utter failure of vision by the Tories in how to implement net zero.

I have often said this is a logical configuration in the early stages.
https://www.thisismoney.co.uk/money/cars/article-10837407/Renault-reveals-radical-plan-develop-hydrogen-electric-cars.html

Let's hope we don't go down the battery storage route that some are pushing for!

https://www.current-news.co.uk/news/cost-of-wind-curtailment-hits-record-high-of-507m-in-2021

The gas grid has massive potential storage for hydrogen- up to 20% of the total capacity without any adaptation.

Musk put the Tesla recharging network in ahead of demand. We need to do the same with H2. Germany gets it - we don't. Light fc vans will need refuelling networks and cars will come later.

Map of German refuelling stations-
Germany, hydrogen refuelling stations are coordinated, built and operated by a consortium of different companies. The partners: Air Liquide, Daimler, Linde, OMV, Shell and TOTAL will ensure an initial basic supply with around 100 hydrogen stations. From this point on, further stations will be installed wherever a demand for commercial vehicles can be expected in the short term and where a public filling station for a growing network of filling stations also for passenger cars seems to make sense.

https://www.glpautogas.info/en/hydrogen-stations-germany.html#:~:text=Hydrogen%20Stations%20in%20germany%20in%20November%202022&text=In%20Germany%2C%20hydrogen%20refuelling%20stations,with%20around%20100%20hydrogen%20stations.

https://www.writetothem.com/

It is easy using this link.

With COP 27 going on this is a good time to write to your MP sending the quote below and asking why ITM Motive is not getting supported resulting inthem decommissioning hydrogen refuelling stations. This is absolutely ridiculous given the statements being made at COP 27 and Govt support is essential to get the hydrogen refuelling network in place. Public sector investment eg back up power supplies in hospitals etc is essential to kick-start the hydrogen sector. Act now!

In Germany, the National Organisation for Hydrogen and Fuel Cell Technologies (NOW GmbH) says that it has issued approximately €393 million (US$520 million) so far in subsidies to support the development of fuel cell and hydrogen technology. Some €216 million ($286 million), or 55% of the total, has been spent on transport, which includes hydrogen production and infrastructure.

It can't succeed without Govt support along the lines they have subsidised the ff industry over the last century. Individual suppliers cannot put in a national hydrogen refuelling network in a chicken and egg scenario.

They run on hydrogen.

A cost-effective game changer could boost the hydrogen infrastructure roll-out case and end the battery EV monopoly.