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Insiders at Braveheart Investment Group plc (LON:BRH) sold UK£3.5m worth of stock at an average price of UK£0.62 a share over the past year, making the most of their investment. The company's market valuation decreased by UK£2.4m after the stock price dropped 26% over the past week, but insiders were spared from painful losses.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
A new report on the nascent green hydrogen industry predicts “exponential” growth for hydrogen electrolysers in coming years, with Australia expected to reach cost parity with so called “blue hydrogen” by 2027.“The fledgling clean hydrogen (H2) sector grew beyond expectations in 2021,” BloombergNEF says in its latest Hydrogen Market IOutlook.“State funding reached billions of dollars, electrolyzer sales doubled, as did the number of countries with hydrogen strategies. This year, we see exponential growth. Electrolyzer sales are on track to quadruple. BloombergNEF says the growth won’t come from the often touted sector of passenger transport, because they won’t be able to compete with EVs.“Forget about hydrogen cars,” says Martin Tengler, the lead hydrogen analyst at BloombergNEF. Hydrogen has a much stronger future in decarbonizing hard-to-abate industrial sectors. This year, just two industrial projects in China will use several times more clean hydrogen than the world’s entire passenger fuel cell vehicle fleet.”
Bennster points taken. I should like to add these words of caution that the laughing Prof's tweets seem to be followed by a mini spike of optimism which is then sold into, resulting in a net decline of the SP. Just my opinion. GL to all
Trust that this is the real thing!!! Never forget the smiling Sanderson in his red trousers waving a jamjar of what purported to be oil. Fooled me and cost me a bomb. GLAH. Incidentally if fracking is allowed, the the Weald might produce a bit more!
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An alkaline hydrogen electrolyser manufactured by Chinese OEM Longi, which plans to export its machines to the US and Europe.Photo: Longi
Will US and European green hydrogen markets soon be flooded by cheap Chinese electrolysers?
OEMs in China have begun exporting electrolysis systems that are four times cheaper than Western-made equivalents, says BNEF
9 February 2022 16:23 GMT UPDATED 9 February 2022 16:23 GMT
By Leigh Collins
Chinese electrolyser manufacturers have begun exporting systems to the US and Europe that are four times cheaper than Western equivalents, according to a new report by analyst BloombergNEF (BNEF).
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Similar price discrepancies in the solar industry in the 2010s saw the previously world-leading European solar manufacturing sector collapse in the space of a few years as cheaper Chinese modules flooded the market.
According to BNEF's new report, 1H 2022 Hydrogen Market Outlook, Chinese alkaline electrolyser systems cost $300 per kW in 2021, compared to $1,200/kW for Western equivalents, with proton exchange membrane (PEM) electrolysers even more expensive, at $1,400/kW (see panel below).
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However, that price gap will slightly shrink slightly this year, with improved automation and economies of scale at Western factories driving down alkaline electrolyser costs by 17% to $1,000/kW, with PEM systems falling 14% to $1,200/kW. By comparison, Chinese alkaline electrolysis set-ups will fall by just 10% to $270/kW.