The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hi taskmaster, don't know if it's relevant but My installation is SMA Sunny Boy, AC coupled Inverter. Recently installed a 12Kw ASHP so also installed an iBoost system which intercepts the exported electricity to heat Domestic Hot Water - provides a substantial saving over the summer months!
I picked EON for my Solar Panel FIT Payments in 2011 and have stayed with them ever since. They have never given any cause for concern - although they do occasionally insist on checking my meter as the figures sometimes exceed the country average - that's Sheffield for you, it sometimes has a microcosm weather system of its own. This is the first year I am experiencing positive energy bills - luckily in 2011 the FIT rate was 53p/KWh - with annual inflation its now about 58.5p/KWh. My 4K system generates, on average, 3750KW per year. The installation paid for itself within 7 years.
Germany and Netherlands to import H2 from Australia!
Surely it would have been better to use electrolysers in Germany and Netherlands to produce H2 onsite, as it were! Where was Linde and the ITM Australian Marketing Personnel when this was being discussed?
https://www.rechargenews.com/energy-transition/e-on-and-fortescue-plan-australia-germany-hydrogen-bridge-to-substitute-russian-energy/2-1-1193231
I seem to remember, a while back, reading that a South Korean Shipbuilder was considering combining a desalination unit with an Electrolyser on board, to produce green hydrogen for use as a fuel for each ship. Also There was an Italian Shipbuilder that was proposing to place an electrolyser, from SNAM, on board each ship to produce hydrogen fuel.
Is Element Two, in any way, related to Element Energy which is in partnership with ITM and, I think, actually bought an Electrolyser from ITM a few years back - now being used in a Hydrogen Storage project in France?
So have BP dropped a goolie with their plans for the Teesside Plan? Or do they see it as natural progression to Green Hydrogen by gradually eliminating the Fossil components. Will they then need the ITM Electrolysers to complete the transition. Prospects for ITM on the East Coast look very good indeed - if only!!
Just found this on an RNS These guys seem to have well formed plans!
Element Two is a UK-based developer of Hydrogen Refuelling Stations and a retailer of hydrogen fuel. The firm is investing in prime locations in the North of England, Scotland, and Ireland, with plans to deploy over 800 pumps onto the UK network by 2027 and 2000 by 2030.
H2 Green is a developer of regional hydrogen hubs and is working with multiple land asset owners, across hundreds of locations in the UK, to assess their suitability to become city hydrogen hubs. H2 Green is currently progressing a focus-list of priority hubs, where it will develop and operate green hydrogen production, storage, and distribution.
This strategic agreement provides a path by which Element Two and H2 Green can align their production and distribution strategies across their respective land portfolios - the objective being to accelerate the creation of the UK's first hydrogen network.
Element Two and H2 Green have agreed mutual options to co-locate their respective hydrogen refuelling stations and hydrogen production and storage assets.
An excellent presentation for the uninitiated and the less well informed. I always thought BOC owned Linde never realised it was the other way around. Somehow a trifle worrying as BOC is the major supplier of non pharmaceutical products to the NHS.
The provision of pointers to look out for, given in this presentation, for the ongoing success of ITM Power was an aspect to ITM's growth prospects in the long term which I hadn't really considered properly. There is always the danger that alternative methods for producing electrolysers, other than those covered by ITM's patents, may well overtake ITM's manufacturing capabilities and they will eventually not make the finishing post. Knowing when to "Jump Ship" is relevant and has been adequately addressed in this presentation!
Well done Rogue_rader!!
toneman - you've obviously never experienced living in a house with warm air heating. All the rooms have ducting outlets where the air circulates round every room. the outlets can be closed off, or reduced as required. A major benefit with some systems was that in summer the boiler can be reversed to extract only cool air, or refrigerated air, from below ground. the air toair heat pump, I understand, runs on the same principle!
Thanks for that McBoatFace - part of my tribe live in and around Mississauga so I'll pass some info on and they can they get in touch with Linde through some of their business colleagues. It's quite a large business community there but they have all these clubs and associations where everybody gets to know what's going on in their area!
As far as I can make out FuelPositive have identified Iberdrola, Orsted, EDF, Brookfield, Boralex, HydroQuebec and PG&E as Green energy producers. Re Fuel Cells, I think they would prefer to keep it in the Canadian family so I would assume Ballard rather than Plug Power.
Dear McBoatFace,
My interpretation of your reply was just that. As you have enlightened me as to your thinking, I apologise unreservedly for misinterpreting you. Now that you have more detail as to how it works you might as well know that the Ticker symbols are NHHH and ZNNMF. The former is available through Hargreaves. Share price currently is $C0.30 and $0.24. The company has only just listed as FuelPositive. I can send you a copy of the webinar presentation, if you like, if you let me know where to send it. I can't post it on here as the rules don't allow it.
Hi McBoatFace,
I'm surprised you actually used the workbench contents to poo-poo the suggestion that Roger Gordon is a viable person to think of a different way to produce Ammonia then the Haber Bosch process. Roger is a Chemical Engineer and is the CEO of a Canadian Company which produces ingredients for global Pharmaceutical customers. As such I don't see why anyone would be surprised that he has such dangerous chemicals in his workshop. Nowhere in the said video does it say that these chemicals are used to produce Ammonia.
Additionally, there are a number of working, scaled up, producing systems at some of the Universities in US and Canada - some of which are producing 500 litres of Carbon Free Green Ammonia per day.
markbantam's posting identifying the patent application shows the exact process, in full detail, of producing the product. And yes a full scale commercial Electrolyser to produce the Hydrogen will be required for every installation - that is where I see potential for ITM.
Incidentally the Patent doesn't expire till 2033!
A few weeks ago I posted a message about a small company in Canada which owned, through acquisition from the inventor, the patent to produce Carbon Free Green Ammonia by bypassing the regular Haben-Bosch process and using only Air, Water and Electricity. The response was minimal and consisted, mainly, of a youtube video link showing the Inventor, Roger Gordon, talking about the process he invented and how he uses green ammonia to power his Ford F150 Pickup etc. Things have moved on from there, to the extent that the small Canadian company is now planning to attack the commercial energy market within the next two years to produce Carbon Free Green Ammonia Fuel to power Ships, Trucks and proposing that the motor industry carries out minimal conversions to power existing Internal Combustion Engines.
Yesterday the company presented a Global Webinar on its plans along with some pretty informative data on how they are planning to do this and also to address the current $70Billion Global Ammonia Market with a 35% saving on the cost of producing Carbon Free Green Ammonia. Identified potential customers include GM, Cummins and Hyundai/Kia as well as number of International Energy companies whose names would be familiar to ITM Investors. Additionally, it was pointed out that Carbon Free Green Ammonia would be a viable Storage Medium for Green Hydrogen:-
Uses 30% less energy to make Ammonia than to compress Hydrogen
• Ammonia stores 65% more Hydrogen than highly-compressed Hydrogen
• Increasing recognition of Ammonia as a carrier of Hydrogen
Plans are forthcoming. in Canada, to produce Green Ammonia {NH3} to power Ships and Heavy Duty Trucks
Green Ammonia is produced by adding an additional particle of Hydrogen to the Haber-Bosch process.
So they will still need to produce a supply of Hydrogen!