Seeing the opening statements at COP 27, the UK Govt should be taking up all the spare production capacity at the ITM factory or later on they will face the same fiasco we had with Covid trying and failing to urgently source PPE and paying over 10x what it would have cost if they had stockpiled it ahead of time.
It will help if Rishi sticks to his fracking ban promise. I have no problem with his Suella Braverman deal in order to to see off Boris. Got one up on him and showed his mettle; we need a leader who can defeat the Eton boys at their own game.
Hopefully we have seen the last of him for the rest of this administration. He acts like a rich snob but Rishi is a lot richer and has no airs and graces!
It is a very polished website and presentation but Nel's SP has also fallen considerably - by 60% since the halcyon days of 2020. Likewise with McPhy.
The decommissioning of ITM Motive refuelling stations is costly and bonkers - they will be needed in the future for net zero so why not inject Gov't financial support now like the French gov't is doing with McPhy. Tesla put huge expense into their recharging network well before becoming profitable or having sufficient numbers of vehicle to make them viable. Public sector fleets, Royal Mail vans etc could go over to fc vehicles to help kick start the infrastructure roll-out.
RE: Hydrogen nothing more than a bubble it seems...18 Oct 2022 14:16
Thanks for your reply Toneman. Graham Cooley hyped up progress with 2nd factory talks etc and ramped up the share price. This is unfortunate and we now have a double whammy with over promises and general market turmoil. The underlying long term prospects for H2 haven't changed though so provided the company can get its act together under new leadership there is light at the end of the tunnel. I don't agree with the H2 bashers - it will be needed if there us a massive reduction in use of ff along with other energy sources. Roll out should be no different to the hurdles faced when petrol and then diesel were introduced. Necessity is the driver.
RE: ITM filling stations decommissioned17 Oct 2022 18:38
Greed has no boundaries - once the powerful greedy have gone too far it is usually too late to avoid some form of catastrophe ending in war or revolution. Even democracy teetering in USA because of greed. Nature's answer to population explosion at the top of the food chain.
RE: ITM filling stations decommissioned17 Oct 2022 17:31
H2 more suited to HGV, trains, shipping, aircraft. FC cars come later unless battery technology advances continue to make them and the roll out of the infrastructure unviable.
RE: Hydrogen nothing more than a bubble it seems...17 Oct 2022 14:17
Can anyone make a strong counter-argument to Liebriech's case against hydrogen? The key one in my mind is energy storage whether in bulk or for transportation. The gas grid for example can take up to 20% hydrogen without any modification. Unused potential of renewables during troughs in demand is another.