Member Info for tennents

Bigplonker -

Which brokers please ? I would like to read the detail of their comments.

Thanks

No argument with importing as long as we maximise the potential of domestic (UK offshore) production. One of the valid arguments for nuclear power is strategic national interest eg what happens in time of war/ crisis etc. You are probably old enough to remember the oil crisis in the 1970s... UK power supply was essentially ok because of domestic coal. Not so great during the miners strike and associated three day week.

Changed days of course but there are some risks that a nation state must avoid and brown/ black outs is high on that list. The emerging offshore wind technology gives the UK the opportunity of long term and secure energy self sufficiency if the ‘joining it all up’ thinking and delivery is made to happen.

It is desirable, it is no longer impossible....so it is doable. Just needs a load of our best engineering and associated cash to make it happen.

Hi Taverham,

Just thinking out loud on this bur taking into account the development of deep water ( nit drilled into the seabed) wind turbines where direct hydrogen production(as in oyster) is what they are designed to do. less transmission of electricity that our grid is nit up to anyway. I live in Scotland and am increasingly ****ed off that large scale offshore wind farms are being permitted and built (which is good) but transmission constraints coerce them to be switched off and the power companies paid anyway. A figure quoted in a newspaper here last week talked of hundreds of £m per annum. And that does nit include the VERY big projects that are already planned for construction which will add to the grid loading.

It seems that we do not have a fully coherent and joined up strategy across the country. 5- 10 years ago hydrogen was not a credible player in joining things up in an economic and technically robust basis. It looks like it is now. My question/train of thought is what could be achieved with a very rapid acceleration of the role of hydrogen in optimising a national energy strategy successfully and at the same time displacing the very expensive nuclear plant needed.

I look at how long nuclear plant planning and delivery takes....maybe close to 15-20 years from concept to producing power? How far and how fast has hydrogen moved in that same time scale?

I think it is a bit like pre WW2 battleships were the critical naval force. In less than 3 years (say 1942) aircraft carriers turned that completely on its head junking 250 years of established naval doctrine.

Small changes can make big difference (and sometime bloody quickly ).

read in the Times this morning that Hinckley is to cost an additional £500m, taking total (forecast cost) to £23 billion.

Now I get the limited sunshine and variable wind arguments for nuclear base load.....but......the scope for large scale hydrogen use as load balancing on a national basis seems to becoming an ever more credible position. And of course, turbines, solar panels and electrolysers can be junked and recycled relatively easily in contrast to the gigaexpense of handling nuclear waste and clean up.

I wonder how quickly a ‘moonshot’ hydrogen programme in the UK could displace the need for the proposed nuclear stations that Japan/french/Chinese companies are struggling with to build in the UK.. Ten years ago, maybe even five, this would be an unattainable green fantasy.

Today.....what could be achieved with a £12bn (half a nuc station)..

makes you wonder.

Hill18. How big? See below courtsey of AndreaB -

Stationary fuel cells
several projects ongoing in the US, all looks well

so the red wave at CWR is difficult to understand
But then again, institutions will load up, and take shares off nervy punters, as always

27.1.21:

General Motors Co. (NYSE: GM) will use two Hydrotec fuel cell power cubes as the power plant replacing the RH Series diesel engine. Each power cube contains 300 fuel cells with thermal and power management systems.

Mobile hydrogen producer OneH2 will make the fuel by steam reforming of methane gas.

J.B. Hunt Transport Inc., a unit of J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), will test the trucks on yet-to-be determined dedicated routes.

“After investigating all the alternatives, we are coming up with a model we believe can be highly successful, which is this decentralized way of distributing hydrogen at an affordable cost and enable a longer range for vehicles operating in long haul,” Navistar CEO and President Persio Lisboa said on a media conference call Tuesday.

Cummins partnership continues
Navistar recently announced a hydrogen fuel cell testing program with its longtime engine manufacturing partner Cummins Inc. (NYSE: CMI) to build a fuel cell truck for testing by Werner Enterprises (NASDAQ: WERN).

The addition of a hydrogen fuel provider distinguishes Wednesday’s announcement from Navistar’s earlier collaboration.

“It is probably the most-integrated solution in the market in North America,” Lisboa said.

“Hopefully it’s going to gain scale enough that it’s going to enable the nationwide infrastructure of hydrogen.”

Navistar is taking a minority financial stake in Longview, North Carolina-based OneH2. Lisboa declined to disclose the amount.

Coincidentally, Cummins said Tuesday its 20-megawatt proton exchange membrane (PEM) electrolyzer began generating green hydrogen in late 2020. The system at an Air Liquide hydrogen production facility in Becancour, Quebec, can produce more than 3,000 tons of hydrogen a year using hydropower.

Leapfrogging the competition?
Just as it did last fall in announcing a partnership with autonomous software startup TuSimple to bring a Level 4 autonomous truck to market by 2024, Navistar appears to be pushing to be a market leader in fuel cells.

Larger competitors Daimler Trucks and Volvo Group formed a joint venture last year aimed at building fuel cell trucks and stationary fuel cells for data centers by late this decade. Toyota (NYSE: TM) and Kenworth Truck, a PACCAR Inc. (NASDAQ: PCAR) brand, are testing a few Class 8 T680 models equipped with fuel cell stacks from Toyota Mirai passenger cars.

Startup electric truck maker Nikola Corp. (NASDAQ: NKLA) plans to have a couple of fuel cell trucks in testing with Anheuser Busch InBev S.A. (NYSE: BUD) in 2022. Nikola also plans to build a network of hydrogen fuel cell stations. Each station could cost $17 million, according to the compan

I cant buy these at the moment (H Lansdown)

WTF are you all talking to/about him ????

FILTER AND FORGET.....

There are short range applications where the battery approach could work eg large regional supermarket distribution centres have fleets that drive relativleyshort distances . They are going to known points ie suprmarkets where they could be topped up if required but many would be fine with a 200m range.

I dont see how it would work with long haul and providing charge points everywhere you see lorries parked up at night seems at best optimistic.

I would be interested in the approach North American producers/users adopt - much more long haul there . Very interesting to see how this plays out but i guess manufacturers like Scania are being forced to make their short term intentions on carbon alternatives clear now - can alwys modify/enhance those choices 5-10 years form now.

...and up another jump today lol

https://www.cnbc.com/2021/01/22/hamburg-hoping-to-repurpose-old-coal-plant-to-produce-green-hydrogen-.html

Not sure if this was picked up before. 100MW Electrolyser capacity station to be built in Hamburg using wind and solar power. Probably the first of many.

Antone have any idea why this shareprice is being managed downwards in a highly systematic manner?

Was 120p, now closing fast on 80p. Are we being set up for a takeover? (on the cheap)

They are not buying us with an intention to lose money..........

Their entry is disconcerting, their presence is an asset.

Interesting to see the after hours trades today. Some institutional vacuum cleaners been at work this week.

We are having (another) impressive day !

Doji

Biden will be a massive catalyst for capital expediture in Green energy on a global scale. That is a huge benefit and market stimulus for us (and many others) in hydrogen.

Toneman - Agreed. There is a growing number of analysts noting that markets are due a correction of some kind. JUst not clear as to what will trigger it. Arguable that US markets have been defying gravity in the face of Covid but earnings have been much furhter ahead of estimates in significantly more companies that forecast.

Can that continue ? Will the Biden led US deliver both the vacinne response and implement the economic stimulus that would see a rapid recovery in the US economy and thereby avoid a major market drop? We will have a clearer idea of teh direction of travel within three months.

As to green energy -a global level tipping point is now behind us and successful non-carbon players will (are) displace carbon players. The medium term risk for companies like ITM are large scale Chinese entry and dominance as already evidenced in solar and wind tubine manufacture. Keeping ahead of that will become the important game.

Not at all a rant Joe

Just an analysis of your posting pattern and stating the very clear conclusion.

If that upsets you than you could perhaps find a differnt form of language for your 'questions'.

Well Joe i guess you think it is over-priced.

BUT a reading of your posting history suggest that you think everything you post about is either
over-priced or
about to plummet

A pretty specific pattern there. SO why bother asking - just sell and ..........

Yes...but it was not a BUY ...which was the post I responded to.

That was the uncross trade