Member Info for tennents

Have a look at nutri123a posting history.........and then filter

He really isn’t very good at this.

Quite an interesting read. There are many remote or island locations facing similar challenges in displacing oil/coal/gas electricity generation.

AFC does seem to be in a sweet spot technology - ammonia has so much going for it as the transport and storage medium.

This is interesting as it evidences the UK offshore oil and gas industry are getting really spooked about hydrogen. Green is happening much faster and on a much larger scale than previously anticipated and there is now a rush for carbon capture and storage as a lifeline for offshore gas.

While the O&G industyr has the scale and cash to make substantial investments in CCS there is the underlying question of whether it can be made to be economic. The UK govt put up majot funds to develop CCG quite a while ago and Peterhead power station and BP were involved in a project that ultimately went nowhere due to costs and technical difficulties (they wanted UK govt to pay for the pretty much the whole thing).

The Scottish govt now has to be seen to be funding 'transition' for the North Sea industry but it is chicken feed money on offer so far. Will be really interesting to see what happens in the existing O&G industry - already in decline - trying to get Blue hydrogen at scale. All seems to hang on the technical and commercial solutions to making making CCS work for real in a local North Sea context.

Set that against rapidly falling Green hydrogen costs as it accelerates and innovates into much greater scale and scope on a global basis.....

Where would you put your money on that race ?

Just read your posting history

Are you on £5 a post?

Filtered

Ballard and plug yesterday, Probably both again today.

Take deep breath and stay calm.

Taverham - the USA hydrogen stocks were hammered yesterday - circa minus 7%

Yes that will have our electrolysed - part of our relationship with Scot Power.

I am sure that our team have been looking at a number of options. I think it is a really tricky call, need to assess cost and benefit trade-offs not just as they are today but how you think they might change over the next 10-20 years !.

But i am glad we have the cash to do this on itap for immediate use as i think this whole hting is now running massivley faster than pre-Covid......which is when current decisions were made. We are going to have to be like a bat out of hell to maximise the opportunities and keep the competiton behind us. It will be interesting to see how many of the 'big boys' try to get into electrolysers and how successful they might be after throwing big bucks at the problem.

I reckon we have a robust technology advantage at the moment - the trick will be in keeping that AND driving manufactured costs down fast. We look to be ready to do both. A very good place to be.

McBoatF

India is a dreadful place to do business - that is why so few UK companies have invested there. Some that have eg telecomms and oil have had MASSIVE difficulties especially on taxation and seemingly arbitrary tax demands in billions.

Even exporting there from the UK can be a real pain. SOrting a lot of this out is one of teh reasons Boris/UK govt are keen to get a trade deal arranged. The Indian govt want investmetn but even they recognise that there are big problems.

While there will be big markets in Asia - particularly based around Australia I dont see GF2 being located there.

I would have guessed Europe eg Germany but given the critical need to drive manufactering cost efficiencies down hard and fast I think the smart play is to build GF2 next door to GF1 to concentrate those efforts. We may have to pay some tarrifs but our kit will be selling on best performance /cost ratio.

Maybe GF3 in Europe or Australia? Who knows but for now ....it is a bit too early to spread our technical 'jam' too thin across planat locations.

Our till rings again..........

A sound I expect to hear on an increasingly regular basis.

Finally SOLD. Interesting to see the impact on the share price.

May 5 should be VERY interesting.

We have just raised a slab of cash and the people that provided it have had some sight of the developments and opportunites being made public on on that date.5.

They invested - so they liked what they saw.

I am therefore VERY confident that we will like it too.

Our share price will reflect that.

Itm raised the cash for the second plant and the working capital for stock building in the last capital raise. Check the Cooley vid from the factory site for the annual report where is is absolutely clear on that.

It is interesting to muse on where the 2GW facility would be. I think options are either

- extend existing facility as suggested in previous comments, probably the easiest but may not be the best for all customers.
- build in Europe maybe Germany/Netherlands/Belgium. Outside bet France. Big benefits in being inside EU and in local markets where huge GreenH capacity will be/ is being built. Also big Linde connection.

Outside bet - but a place we should be spending serious attention to is Australia, which is going to massive as a primary supplier of H to Japan (which is going to be hugely committed to Hydrogen for green energy). This might be GF3 and it might have to be soon and the Aussies will favour a company with local manufacture - they have a lot of jobs to catch up on as their big coal industry is disappearing quite fast. It would also be a counter competition to China in Asia - not friends of the Aussies (and a growing number of other Asian countries).

I am sure our CEO probably already knows the address and postcode ....but interesting to muse as I think we are going to have to scale up very very fast as this takes off and other competitors chase us hard.

Well your posting history says you have had a whole day to be disappointed...........some of us have had years........but we are still here.

Close the door behind you.

Someone sees this as a bargain. A good sign.

Repeating a meassage is just fine - especially if the message is right and is seen by some as being ahead of its time.

The point is that the message is right - the green revolution is now happening - and ITM are a part of it.

The real challenge will be in scaling up . The trick will be in how we scale up manufacture froms 'small' to 'bloody massive' on a global scale - because that is what is what will be needed. We will need be ahead of China, the USA and Europe in to producing top of the line hardware.

This is going to be one hell of a ride - are we not pleased that some serious 'grown-up' corporates have invested here.. These guys are not stupid......take from that what you will.

We have deals - for step-change we need orders.

There are some benefits in operating in a country that is an autocracy - and is in one hell of a hurry to develop a non-oil economy.

When Prince MBS tells the construction industry that they must use hydrogen powered generators there is not much debate.

This is a man who has ****ed away a lot of his global political capital killing the journalist. Super speeding up Saudi adoption of green technology will earn him some bunny points.

Extreme E are promoting Extreme E to potentially millions of domestic viewers and the advertisers that would like to reach them.

As noted we are ‘paid help’ and our market is not the same. However the success of our kit in this novel application will evidence the effectiveness of it as an innovative energy solution......for the businesses that are looking for, or could benefit from, such innovation.

Hopefully our marketing has made all of those potential customers fully aware of the Extreme E application and the benefits that AFC kit offers. Success in Extreme E will evidence the kit delivers in really crap environments and delivers the benefits we have promised. When our potential customers believe that we will get some sales and then material share price increases.

All the rest is fluff around an interesting opportunity for some clever promotors to capture the motor sport viewer market who are bored to death with the near ‘clockwork’ Formula 1.