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STEM were not your strong-point, were they?
All the question you ask on electric crsa have been explained several times and H2 from plastic is a mature technology, well known already, nothing to invent there beside small improvement here & there
Just out of curiosity, what did you study? FOr me to understand how people can become so gullible to believe in H2 cars.
Anyway, as I said indeed plastic is a problem, but getting H2 out of plastics is not the solution we were waiting (better the chemical recycling of plastics). In the meanwhile PHE keeps on falling...
I am not gambling on AIM, I am just warning gullible people with no understanding for technology that PHE has no foreseeable future.
You drive XX yards (whatever that distance it is) on a 0,5 lt plastic bottle? No, you won't drive H2 cars, Shell is already quietly closing its H2 tank station, H2 for mobility is a dead end, we will not see H2 FCEV on the roads, Mirai is a huge flop
I am tempted to answer you like Bricktop to Gary in The Snatch, but I am a gentle person ;)
I do not work for any financial institution, I am an entrepreneur in renewable energy among the other fields and I have a deep technical knowledge of things so I just share my point with people here since I am sick and tired to watch gullible people being ripped off.
Believe me or not, I am like the old lady commenting the guy business approach at minute 46 and 35 seconds in this nice documentary
www.youtube.com/watch?v=PUQpPoGoNfk
Gnaedigster Herr Schwazer, you are such a lousy sherlock holmes. You are so deluded and live in your parallel reality where EQT and PHE are such a fantastic companies that will save the world that you prefer to invent things than accept reality, but reality soon or later strikes back. I do not work for any financial institution, I am an entrepreneur in renewable energy and I have a deep technical knowledge of things so I just share my point with people here since I am sick and tired to watch gullible people being ripped off.
Believe me or not, I am like the old lady commenting the guy business approach at minute 46 and 35 seconds in this nice documentary
www.youtube.com/watch?v=PUQpPoGoNfk
In theory it works, but to let it run consistently is difficult especially for mixed waste, that should be the reference feedstock for EQT so at the end of the day we can say "it works under specific conditions" and these dconditions are difficult ot make a project profitable.
EQT gasifier is a bit between a rock and a hard place: it works well on wood pellets, but wood pellets are expensive. It works slightly less reliable with wooden chips, and wooden chips is cheap but not free. It work poorly with waste, especially mixed waste material, the ideal material since you get a getaway feed to gasify it.
So at the end of the day: if you want to run the gasifies smoothly be ready to pay a lot for the feedstock and this reduce or destroy the margins, if you want to be paid to treat waste (ideal solution) than the tech get so unreliable that you lose anyway your economic advantage.
As I said it multiple times: when you analyze a stock, start before with a very, very deep dive on the tech. If and only the tech works then waste time to analyze all these fancy economic parameter (P/E ration, EBITDA, loan secured etc etc). Because at the end of the day, even with a lot of cheap money available if it does not work profitably soon or later the financiers will pull the plug and shut down activities (as in Sweden for the biomethane from wood chips...)
Sory to be so blunt but the company is going burst. They have no real ocmpetitive advantage for the gasification tech and not even patents, they thought to untap the plastic waste resource but they did not manage and now they lost confidence and money. Rough waters ahead, my only suggestion is to don your life jacket and jump overboard and let the ship sink
Liebe testpack, I am not German, I am just German educated for my higher education, and I do strongly believe in man made global warming and I have no interest or stock from fossil firms. I am entrepreneur and in one of my 2 companies we make renewable energy and I have at home a nice solar panel and a battery storage, I am almost fossil free at home. The only industry I praise is nuclear energy: nice, reliable, safe, clean and especially high energy density: it leaves a lot of free space for nature and biodiversity.
Since I praise real clean tech,m that is why I do not believe in PHE or EQT. Hydrogen especially, is a trojan horse for the fossil industry to keep emitting as much as they can. The whole "H2 economy" is a stuff pushed forward by them. The gentleman that kindly suggested me to get my facts from the "hydrogen council" may well be one of them in disguise since this institution is the lobby group of dirty fossil industries and car manufacturers that want to keep on polluting in the long run. I worked as lobbyists in the past, thus I can distinguish easily facts for wishful thinking from twisted reality to fit an agenda ;)
Thank you for this open and frank conversation, I like very much to discus with people who disagree with me, I strongly believe we can all learn from each others and I wish my English would be better, is one of the languages I prefer to speak
Oh my god once again, weeks ago I posted about how is cheaper & easier to build and run in terms of CAPEX & OPEX a traditional biogas plant VS EQT technology. If I have 50 ton/day of chicken litter and other wet biomasses I build a biogas plant, therefore in my portfolio I have also stocks (listed on the sotkc market, everybody can buy them) of 2 biogas plant providers that indeed are giving me nice returs so far
Thank you sir. I have a PhD in engineering, I know a couple of things therefore and I worked for years as scientist before, than lobbyists and now as entrepreneur, I am a reviewer (still, want to quit) of a relevant scientific peer reviewed journal and I kjnow how to look literature myself. I know and follow the full debate on H2 as I stated from 2011, and I know very well the Hydrogen council (The founding 13 members of the Hydrogen Council are Air Liquide, Alstom, Anglo American, BMW Group, Daimler, Engie, Honda, Hyundai, Kawasaki, Shell, Linde, Total and Toyota).
H2 has relevant limits, in the time that will be needed to "bridge the gap" and making H2 a viable option very likely will pop ip also from other sectors.
In a nutshell: H2 is a solution waiting for its problem to solve, till now it did not really find a solution where is viable
I bet you work in innovation but not where thermodynamic limits are involved. My previous statements are indeed related to "let's assume everything work even better than expected" than the thermodynamic limit is the asintote of your learning curve, and the assumption to declare H2 out of the game is based on the asintote, not a particular moment of the curve.
H2 as propulsion? Very limited, since if you have a lot of H2 than is easier to turn it into e-fuels, but these are for niche markets. Aviation propulsion? Yes, is the old kerosene from natural gas, as the pearl plant in Qatar (fantastic, looking at in the night is better than watching porn, I like big industrial complexes) but starting from synthetic natural gas...
Also here, it looks like the preferred rock album is "use your illusion" of Guns and Roses....
It will end up like this once people realize the real costs
https://www.hydrogeninsight.com/transport/will-no-longer-be-considered-hydrogen-trains-up-to-80-more-expensive-than-electric-options-german-state-finds/2-1-1338438
I work in the german engineering area, I know very well "from the inside" what is going on therefore I do not invest any single euro cent on H2 companies ;)
Did you read lately that also no gas grid operator will invest the amount of money needed to retrofit thew natural gas since it is too expensive?
Typical answer from somebidy that does not understand innovatioon, at least in this field. The thermodynamic limit (thus the "best of ghe bast case ever we may reach if we invest money and time in 50 years from now) is 39 kWh of renewable electricity. Fuel cell cars in the best ever superoptimized etc for a family sedan will go as low as 0,7 kg H2/100 km, whereas a modern EV car is 18-24 kWh/100 km, just do the math. And if you take costs into account, I can show yiu the list of assumtpion to meet the 2€/kg target for H2, and add on top the storage and transport cost etc and you will see that to tank on H2 will be horribly expensive in the future...
What you study is relevant to understand how you can grasp the significance of innovation, learning curve, bring down the costs etc. The issue with thermodynamic that I mean is not related to the energy content of 1 kg of H2, but to how much energy is needed to produce 1 kg of H2 from electrolysis or how much H2 you can recover from 1 ton of plastic waste.
If you run the numbers (sorry, I have no time to go into the details since I will be off for the rest of the week, the kids need new shoes thus the dad has to work hard) than you can also read from my friends of the https://h2sciencecoalition.com/principles/ you will understand that even making a technoeconomical model stretching the assumption here and there H2 as fuel has no future
In a nutshell: H2 is riding a dead horse, and the best thing to do when you run a dead horse is abandon it and jump on a living one
@synxs: what did you study? There is a substantial problem with H2: its thermodynamic limits and its tech problems associated with production and safe distribution. Of course you can use sentences such as "the car people were made fun by horse and coach makers", but the problem with H2 is that it is ALREADY way more expensive than other alternatives and there is no way to get it as cheap as it should be due to its utter thermodynamic limits, and you cannot cheat in thermodynamic.
As my professor of thermodynamic told us in university: "thermodynamic has 3 laws: 1) you cannot win 2) you cannot draw 3) you cannot leave the game"
I am advisor to a company that uses renewable H2 to make things since 2011 so I know a bit about renewable H2 generation and the whole H2 economy...
I explained you why the "famous french contract" will end up in disaster (study the swedes in my previous comments, there are even link available). I am an entrepreneur, I have my own companies to run, I use this chat just to "relax" and cool down from my activities. I am advisor to a company that uses renewable H2 to make things since 2011 so I know a bit about renewable H2 generation and the whole H2 economy, and when I meet with their CEO our tone is "as long ans we can squeeze taxpayers money for this H2 hype we ride the wave but is a tech that cannot work on its own and the whole H2 economy is rubbish".
I have been envcouraged to post here from comments in another chat. The quick take home message is that the company is doomed
For PHE what I see so far is that they want to tap on plastic waste to make H2, that is in principle a good idea. The issue is that we will never have a "H2 economy", H2 as fuel for cars is a dead end, for trucks is dying right now (Nikola etc) and for domestic heating will never work, why spending 3-5 times more to heat your house than with a heat pump? (I am sorry anyway for the british citizens, they live in the lowest housing standard of the EU, switch off the heating and no other countries get their house cold as quick as the British houses, I am always astonished by the low standard used in the construction in UK.
The thing is that PHE will loose quickly their feedstock: plastic will more and more recycled via chemical recycling, that means plastic --> syngas --> olefins --> new virgin plastic.
I do not have the full picture (did not studied if and what patents PHE holds etc) but a quick look tell me that is a company that lived briefly on the H2 hype but now the H2 market is getting a reality slap and people are stopping pouring money in the H2 economy so I see they have a difficult case. Also because the largest share of H2 can be needed to make SAF and HVO fuels, and in that case they need renewable H2 to cash incentive, so the premium H2 market is already gone
I did not make a deep analysis of PHE: To reach my conclusions on EQT I took more than 50 hours work, including interviews, "spies" on the ground etc. For PHE what I see so far is that they want to tap on plastic waste to make H2, that is in principle a good idea. The issue is that we will never have a "H2 economy", H2 as fuel for cars is a dead end, for trucks is dying right now (Nikola etc) and for domestic heating will never work, why spending 3-5 times more to heat your house than with a heat pump? (I am sorry anyway for the british citizens, they live in the lowest housing standard of the EU, switch off the heating and no other countries get their house cold as quick as the British houses, I am always astonished by the low standard used in the construction in UK.
The thing is that PHE will loose quickly their feedstock: plastic will more and more recycled via chemical recycling, that means plastic --> syngas --> olefins --> new virgin plastic.
I do not have the full picture (did not studied if and what patents PHE holds etc) but a quick look tell me that is a company that lived briefly on the H2 hype but now the H2 market is getting a reality slap and people are stopping pouring money in the H2 economy so I see they have a difficult case. Also because the largest share of H2 can be needed to make SAF and HVO fuels, and in that case they need renewable H2 to cash incentive, so the premium H2 market is already gone
Because I dislike when people get ripped off by companies like EQT, they are harming the investment mood
and no, my portfolio does not sound like a pension investment fund, it is a bit more funny, I did not post every share I own
As I stated multiple times I anal-ysed EQT and decided not to invest. I use other chats but very limited use, the "signal to noise" in such chats is unbearable.
My portfolio? I have a couple of companies myself, some real estate (not much) and the rest stocks of mainly industrial players: Pulte homes, Schneider electric, Airbus, Saint Gobain, regular daimler and daimler truck, GE, some pharma etc etc
Since I understand mainly indutrial activities I invest the great majority of my money in indutries