Member Info for toneman

It does make me wonder a bit about why he wouldn't hold onto them all for another couple of years and (I would hope) double their value. Also he wouldn't be CEO then so it perhaps wouldn't be considered significant. As he's remaining on the board I guess the regulations might still demand that it be announced like today.

I didn't see any other related RNS so I expect his sale is not related to having to purchase a shed-load of options before they expire. I guess everyone's entitled to extract profits whenever they like. I know he's earned it, but the decision just doesn't seem quite right.

(Oslo, 18 February 2022) Jon André Løkke, CEO of Nel ASA (“Nel”) has today sold 1,000,000 shares in Nel at an average price of NOK 12.8643 per share. After the transaction, Mr. Løkke holds 1,000,000 shares in Nel.

Hope we don't get too many more of these collapses though. It gives the turbine-haters too much ammunition.

https://www.bbc.co.uk/news/uk-wales-60390094

In their presentation Nel just discussed their plan for 10GW of factory production. 4GW in USA, 4GW in Europe and 2GW in Asia.

Nel are now discussing their proposal for 10GW of factory production. 4GW in USA, 4GW in Europe and 2GW in Asia.

Anyone think Putin just wanted to pick up some cheap stocks :-) ?!?

Why can't people just play nice? They're making a mess of my portfolio.

I think that's the undocumented master plan...more nuclear power station contamination to begin reducing the life expectancy of the population. Problem solved.

Oh well. Surely they won't be able to make it work with the high pressures involved.

Sorry this is off topic, but curious what others think. I've yet to experience a battery EV, but every time I watch reviews I'm struck by how sitting in the back looks like their knees are up around their chin as there's so little room for their feet. All the floor space is taken up by batteries, so I'm disappointed to read that designers think this space is a good idea and want to develop a flat hydrogen tank for it instead. Am I wrong?

https://www.electrive.com/2022/02/07/german-hydrogen-consortium-delivers-flat-h2-tank/

Yes, I think you're probably right bilbs. Especially with 'steam' mentioned as part of the supply, is that a by-product of the SMR process?

Fortunately it mentions electrolysis just once at the end of the piece. I think we're safe.

Hilarious. From my cynical point of view I'd swear that article was written by a journo-bot.

Laughton, I think you would be interested in the constraint payments to the wind-farms. I guess that gives us the best guide to how much is 'lost' through having to switch off generation. One caveat - the MWh could be from operator-stated capacity and may be slightly overstated so that they maximise payment. I've read somewhere before that that 'stunt' was commonplace as it's hard to prove the wind-farm can't actually generate the stated capacity.

https://www.ref.org.uk/constraints/indexbymth.php

Sorry, got distracted and forgot to attach the link...

https://gridwatch.co.uk/

Laughton, this one gives it to you in chart form covering hourly and daily generation. It's been a great few days for wind.

If you scroll to the bottom of the page you can select a specific energy type to isolate that on the charts. For example, wind generated 13.226GW average throughout the whole 24 hours yesterday. That was on average 7.716GW continuously more that nuclear and we only used an average of 4.292GW of gas for electricity.

Capri, the rns summarised the number of shares the company holds in their "share options plan" - shares they can offer to incentivise chosen staff. The increased number of shares in the plan were added following a block listing request back in December (see previous rns). This is effectively a very minor dilution of overall shareholding as it added a further 5.5m shares to the pool. As they are currently tied up in their share options scheme they are currently not trading, but it's a small dilution all the same.

Seems Goldman Sachs aiming to get themselves a bargain entry price.

Nel Hydrogen US has received a contract for a containerized PEM electrolyzer to be integrated with its 700 bar H2Station® hydrogen fueling equipment package at a power generating site in the US. The project will demonstrate several use cases for green hydrogen, including cooling of the turbine generators, direct injection of hydrogen into the natural gas fuel stream at the plant, and for fueling a fleet of light duty fuel cell vehicles to be operated by the utility. Power for the electrolyzer will come from various sources, including an on-site solar PV array, making it a near carbon free source of hydrogen for all three use cases.

“This project represents an important opportunity to demonstrate the flexibility and multiple value streams offered by green hydrogen.

The level of hiring is certainly encouraging. It obviously means they're busy (or expect to be). Time will tell if they can turn that activity into profits. I do hope so.