Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItm Power Regulatory News (ITM)

Share Price Information for Itm Power (ITM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 49.56
Bid: 49.80
Ask: 50.10
Change: -1.44 (-2.82%)
Spread: 0.30 (0.602%)
Open: 52.00
High: 53.00
Low: 49.48
Prev. Close: 51.00
ITM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Visit of Former Transport Minister

12 Oct 2010 07:00

RNS Number : 2089U
ITM Power PLC
12 October 2010
 



 

12 October 2010

 

ITM Power Plc

("ITM Power" or "the Company")

Former Transport Minister Endorses ITM Power's Hydrogen Technology

 

Steven Norris, former Transport Minister, Director General of the Road Haulage Association and co-author of the Conservative Quality of Life Commission, accompanied Professor Roger Putnam, Chairman of ITM Power and a former Chairman of Ford UK, to visit Sheffield's ITM Power to see for himself Britain's advanced hydrogen technology for decarbonising transport.

 

Mr Norris's visit included a tour of the factory where a range of energy storage, clean fuel products are awaiting completion of CE marking prior to being launched on the market next year. Of particular interest was ITM Power's hydrogen powered Ford Focus and the recently launched HFuel product that is transportable and can be connected into a renewable electricity and water supply, to produce a clean fuel at the point of demand, so eliminating both the carbon footprint of the fuel production and the need to transport a fuel.

 

Steven Norris said "The electrolysis of water using renewable energy to make hydrogen to fuel vehicles makes huge sense. The HFuel technology I have seen today clearly demonstrates that a British company has a major contribution to make in creating the global hydrogen infrastructure for refueling hydrogen and fuel cell vehicles. These opportunities for British industry must not be missed. We need to encourage this technology as much as we can."

 

Professor Roger Putnam stated "We are delighted to welcome Steven Norris to ITM Power today. As a former Minister for Transport, Steven retains a keen interest in development of technologies to decarbonise transport and we are very grateful for his comments today, endorsing our vision for deploying our HFuel technology. Our Hydrogen on site trials being early next year and we have received much interest across many industrial sectors. These trials will spearhead our strategy for market adoption, that as Steven has pointed out, have global reach."

 

ITM Power has developed a range of materials and technology to reduce the cost of hydrogen production. The company has developed equipment to convert renewable energy to a clean fuel; storing the energy as green hydrogen for decarbonising transport, industrial and residential applications.

 

About HFuel

 

ITM Power's transportable high pressure refueling unit (HFuel) was built with support from the Technology Strategy Board (TSB) and partners Gateway to London and Revolve Technologies, as announced in February 2010.

 

About HOST

HOST will begin in 2011, and comprises the operation and refueling of two Revolve Technologies hydrogen Ford Transit vehicles, with hydrogen produced on site at the point of use, at sites operated by participating companies and in the Gateway to London development area. The list if participant organizations who have signed up to join HOST include; DHL Supply Chain, London Stansted Airport, The Forestry Commission, Scottish Water, SSE (Scottish & Southern Energy), Vestas Wind Systems AS and local authorities Sheffield City Council and the London Borough of Camden.

 

HOST provides each partner with a one week free trial of HFuel and the Revolve HICE transit vehicles, and an option to lease both HFuel and vehicles for additional week(s). The demonstrations are 100% managed and operated by ITM Power personnel in liaison with site owners' operations and management.

As part of the HOST programme ITM Power is actively seeking both technical partners interested in storing renewable energy, and commercial partners seeking to trial zero carbon fleets.

 

About Steven Norris

Parliamentary and ministerial career: Member of Parliament for Oxford East1983-87 and Epping Forest 1988-97. He served as a Parliamentary Private Secretary for William Waldegraveat the Department of Environment, Nicholas Ridley as Secretary of State for Trade and Industry and Kenneth Bakeras Home Secretary before being promoted to Parliamentary Under Secretary of State for Transport and Minister for Transport in London by John Majorin 1992, where he was responsible for the Jubilee Line Extension, the largest extension of the London Underground network to date.

 

Norris became known in particular for his interest in public transport. He is, or has been, Chairman of the National Cycling Strategy Board, Director General of the Road Haulage Association and President of the Motor Cycle Industry Association and a patron of the cyclists charity, Sustrans and of the Campaign for Better Transport (UK)Trust.

 

London Mayoral bids: In 1996 he published his autobiography 'Changing Trains' in which he first expressed an interest in running to be Mayor of London. He stood down from Parliament at the 1997 General Election to pursue business interests and prepare London mayoral bids.

He stood as the Conservative London Mayoral candidate in 2000 and 2004.

 

For further information please visit www.itm-power.com or contact:

 

ITM Power plc

Graham Cooley, CEO

 

Steven Norris

0114 244 5111

 

 

020 7321 0773

 

Tavistock Communications

Simon Hudson / Andrew Dunn

 

020 7920 3150

 

Photographs available from http://www.flickr.com/photos/itmpower/

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAFMMMGKMNGGZM
Date   Source Headline
22nd Nov 20217:00 amRNSFunding for Whitelee Phase 1 10MW Electrolyser
18th Nov 20211:03 pmRNSHolding(s) in Company
18th Nov 20211:03 pmRNSHolding(s) in Company
18th Nov 202112:27 pmRNSHolding(s) in Company
17th Nov 20215:10 pmRNSDirector/PDMR Shareholding
16th Nov 20211:07 pmRNSResignation of Tom Rae as Non-executive Director
15th Nov 202112:19 pmRNSResult of Meeting and Completion of Capital Raise
15th Nov 20217:00 amRNS12MW Electrolyser Sale
9th Nov 20217:00 amRNSIntention to Purchase Site for Second Giga Factory
5th Nov 20213:49 pmRNSBlock listing Six Month Return
1st Nov 20213:37 pmRNSTotal Voting Rights
29th Oct 202112:06 pmRNSResult of AGM
28th Oct 202112:50 pmRNSRe-Issue of Notice of General Meeting
18th Oct 20213:25 pmRNSDirector/PDMR Shareholding
15th Oct 20217:00 amRNSResults of Capital Raise and Notice of Meeting
14th Oct 20214:42 pmRNSDirector/PDMR Shareholding
14th Oct 20214:41 pmRNSTrading Update
14th Oct 20214:40 pmRNSProposed Accelerated Capital Raise
8th Oct 20217:00 amRNSFunding for Refhyne II
4th Oct 20214:19 pmRNSNotice of AGM
1st Oct 202111:27 amRNSTotal Voting Rights
15th Sep 20215:51 pmRNSDirector/PDMR Shareholding
13th Sep 20217:00 amRNSFinal Results
2nd Sep 20217:00 amRNSNotice of Results
1st Sep 20213:21 pmRNSTotal Voting Rights
17th Aug 20214:30 pmRNSDirector/PDMR Shareholding
17th Aug 20214:06 pmRNSGigafactory Official Opening, UK Hydrogen Strategy
2nd Aug 20215:37 pmRNSTotal Voting Rights
15th Jul 20214:39 pmRNSDirector/PDMR Shareholding
7th Jul 20217:36 amRNSSumitomo and Tokyo Gas Demonstration Project
2nd Jul 20212:10 pmRNSRefhyne I Start-up in Germany
1st Jul 20215:23 pmRNSTotal Voting Rights
28th Jun 20217:00 amRNSEnergy and Mining Ministry Delegation from Chile
16th Jun 20218:45 amRNSDirector/PDMR Shareholding
10th Jun 20217:00 amRNSTrading Update
1st Jun 202112:57 pmRNSTotal Voting Rights
19th May 20213:57 pmRNSDirector/PDMR Shareholding
18th May 20217:00 amRNSNotice of Trading Update and Investor Presentation
4th May 20214:16 pmRNSTotal Voting Rights
4th May 20217:00 amRNSITM Motive Becomes a Separate Limited Company
19th Apr 20217:00 amRNSElectrolyser Sale to Linde for H2Pioneer, Austria
15th Apr 202110:00 amRNSDirector/PDMR Shareholding
12th Apr 20217:00 amRNS20MW Electrolyser with ScottishPower, UK’s Largest
9th Apr 20212:11 pmRNSGreen Hydrogen Project with Linde Engineering
8th Apr 202110:31 amRNSPublication of Inaugural ESG Report
1st Apr 20213:33 pmRNSTotal Voting Rights
18th Mar 20217:00 amRNSSale of 1.4MW Electrolyser to Sumitomo
17th Mar 202112:54 pmRNSPDMR Dealings – Buy as You Earn Scheme
26th Feb 20219:04 amRNSPlanned 100MW expansion of Shell refinery project
17th Feb 20214:55 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.