Itm Power Share Discussion Threads

[onehanded] 14/5/2024 16:20

Bid target the gossip, watching will need more big buys to see if someone is loading up.

[excelsior] 14/5/2024 16:17

Plug 32% FCEL 32% up!

[grahamwales] 14/5/2024 16:05

Hydrogen could really take off


Airbus to fly A380 with hydrogen by 2026 after new engine successfully tested

[excelsior] 14/5/2024 15:05

Meme stocks in the USA have come alive again...guys shorting stocks are now fair game.

My feeling is this change will benefit ITM

[moontheloon] 14/5/2024 15:04

Yeah there was a 500k trade in there. Nice to burn a few of the shorter tagnuts off

[grahamwales] 14/5/2024 15:02

Does make the shorters think twice though 😁

[moontheloon] 14/5/2024 14:46

Irrelevant to itm with sunak and even Labour changed stance

[norbus] 14/5/2024 14:46

All coming together
Great management
Great products
Great markets
Great cash

PS : the rise today is on the back of the sector; Plug getting a US government loan guarantee of $1.6 billion

[moontheloon] 14/5/2024 14:45

Yeah you got to almost fail to receive a bail out in u.s

[grahamwales] 14/5/2024 14:44

No doubt the UK government will do the same 😂😂😂😂8514;😂

[haggismchaggis] 14/5/2024 14:30

Big news for PLUG today, giving a boost to USA Hydrogen stocks.

[the yard] 14/5/2024 14:22

Look at the plug rns

[moontheloon] 14/5/2024 14:14

Something occurred somewhere for itm or hydrogen at 12 midday onwards volume wise

[moontheloon] 14/5/2024 13:35

Be nice to be just itm but its with the sector which is good but the sector wave is taking it up and down

[grahamwales] 14/5/2024 13:34

Seems to be generating some interest over in Rotterdam.

[wsm812] 14/5/2024 13:20

Nicely timed command LAWSON27!

[lawson27] 14/5/2024 12:26

would like to see this one move out of its recent trading range, onwards and upwards please, GLA

[grahamwales] 14/5/2024 11:46

Didn’t ITM get a FEED contract in Europe recently 🤔

[grahamwales] 14/5/2024 11:39

Beat me to it 🙁

[bmel] 14/5/2024 10:59

Potentially very interesting news.

There is an article in the Times newspaper this morning announcing the planning application by RWE for a green hydrogen plant at Grangemouth in Scotland. Initially for 200MW expanding to 600MW, plant being operational in 2029.

The timing is very good because:

a) INEOS who operate a large part of Grangemouth have announced they intend to close their oil refinery there and turn it into a fuel import and distribution centre. So, lots of jobs to be lost with associated 'anti North Sea oil' political stink.
b) New Green jobs is top political priority for SNP administration - who have just changed leadership and doing a very abrupt (re)turn to being pro-business and economic growth. This ticks all those boxes.
c) Grangemouth is the site of a large refinery and associated Petro-Chem manufacturing complex - hence all issues about planning for this type of industry e.g. blast zoning are well understood and there will be none of the delays that we have seen from farmers at the Whitelees site.

This will get approved and it will be approved quickly.

[norbus] 14/5/2024 07:57

I am hoping ITM will today act to enhance its claim for best in class Neptune V by some event endorsing that claim. An order from a new or existing client for the launch product would be great.

[sonic25] 13/5/2024 23:24

Latest post from Dennis -

"An exhausted ITM Team unwinding after an extremely busy but not less productive first day at the World Hydrogen Summit & Exhibition in Rotterdam.

Our recent NEPTUNE V announcement together with a transparent product price landed really well in the market, and were certainly the talk of the town. NEPTUNE V is the best performing, most compact and most competitive full scope 5 MW PEM electrolyser system available today.

We're still here tomorrow - use the opportunity and meet the ITM experts at our stand!"

[norbus] 13/5/2024 11:28

The £4.35m cost equates to £870/kW ($1,090/kW), compared to the $1,200-$2,000/kW for PEM systems estimated by a recent EY Parthenon report.

Designed for use in mid-size green hydrogen projects, Dennis Schulz, CEO of ITM, said the company expects demand to be “strong,”; adding the firm was already in project discussion with a “wide-ranging number of customers.

Tim Calver, Vice-President Commercial at ITM, added, “The Neptune V has clear, competitive pricing and optimised footprint – our product aim is to help our customers confidently deliver projects up to 60MW in scale.”

[mugwire] 12/5/2024 15:28

Additional comment from the CEO on LinkedIn
“ …this is the best performing, most compact and competitive 5MW unit in the PEM space worldwide. Nothing to hide here - and somebody has to have the guts to be the first to establish mature pricing transparency.”

[norbus] 11/5/2024 23:02

Well spotted. ITM used to list the world and his wife as customers. Now it lists 7 inclùding Galp & on another list , there are 3 other customers listed { Oersted, Scottish Power and Snam}