RE: Energy Security31 Mar 2026 19:41
Ok so let’s have a think why we are at 63p then, as many know I’m an advocate of energy security over net zero phrasing and Actually think we’ve held up well considering current events and how fickle the market can be! But i see the following as big headwinds and possible reasons for stagnating sp around the 60p level. Be happy to hear a positive twist on them but some of the reasons for it I believe are:
1) energy costs, electricity costs, will make production hydrogen much more expensive. Do we really have an enough surplus power, wind and solar to counter this negative.
2) Materials and shipping costs much higher for key components such as rare earth minerals needed etc. of course we do buy in advance but logistic costs will hit every industry.
3) government funding in UK and EU diverted to militarily spending over clean or renewable energy.
4) no news on Hydropulse still, perhaps it’s not as attractive as we might have been told
5) Chronos, nothing a peep about it, and was mentioned to be almost ready to reveal months ago.
6) short positions obviously actively trying to bring the sp down.
7) multiple FIDs expected have not come.
Obviously lots of positives but the above is what I see as current issues.
And again, happy to be corrected or for any of those to be debunked.