Ceres Power Share Discussion Threads

[daicaprice] 02/12/2015 14:53

Here we go they've started to tempt a few sellers under 7p, could still be a good afternoon and a good few weeks in my view.

DC

[daicaprice] 02/12/2015 14:29

With a bit of luck the bid is being held down to fill a bloody big buy order and we'll see some chunky delayed trades.

DC

[pierre oreilly] 02/12/2015 10:03

Good luck, and good luck to ceres.

But historically, uk governments try to stop uk engineering development and leadership, so cwr are up against the government too. They may say the opposite of course, but look at their actions. If ceres switched to making windmills they'd be drowning in grant cash.

[daicaprice] 02/12/2015 09:58

I bought in this morning on view that they must be getting close by now surely!!
Spread narrowing and a tick up not far away for a bit of encouragement anyway.

DC

[pierre oreilly] 02/12/2015 09:54

Yeah, very positive news. As always. Even more progress on the technical front. Been the same for the last 15 years. Always on the edge of great things and about to benefit from a multi-billion market. Expect even more positive news and substantial progress and on the edge of implementation in the nest rns too. and the next and the next.

They'd be better trying to licence their technology to the big players imv instead of trying to go up agaisnt them. I posted the same view when they decided to build their own assembly factory in one of the most expensive parts of the uk.

I hope they eventually succeed, but historically it sn't looking great, is it.

[daicaprice] 02/12/2015 08:15

Today's RNS

DC

[daicaprice] 02/12/2015 08:05

Very positive update in my view, surprised there hasn't been a spike on open.

DC

[daicaprice] 02/12/2015 07:26

RNS

DC

[pierre oreilly] 14/10/2015 17:32

It's sure going steady. To the point of posts being very similar to 3 years ago when british gas (or was it the gas board?) were on the point of bringing this to market and, iirc, had several out in people's homes for final testing. The concept seems to be engineeringly very difficult to implement.

Watching the videos, they obviously aren't a bunch of shysters. But that doesn't mean they have technology which works as implied and is transferable into products today. Indeed, if they could, as I think they stated, produce electricity from gas 20% cheaper than the grid generators, then the puzzle is why the tech isn't being snapped up by every man and his dog. Or even why they themselves don't set up as a grid generator on a massive scale and knock gas turbine owners into touch?

[smokey 1o3] 13/10/2015 17:57

The product is working and being brought to market by several large Distributors of CHP boilers in Korea, Japan, USA and UK. They can't talk about it because of these clients insisting on anonymity, not an unusual thing in such circumstances.
You either consider them a bunch of shysters or accept they have shareholders interests at heart. What is certain you ain't going to get many announcements here so not good for ramping if that is what you want. Steady as we go.

[smith99] 13/10/2015 16:37

Its all very well but when are they going to bring a working product to market. everything else is Jam Tomorrow but unfortunately you'll need a huge placing if your not quick enough

[smokey 1o3] 09/10/2015 14:59

Missed this earlier but I think significant. Gearing up for Ceres maybe?

YORKSHIRE NEWS / 14 JAN 2015
KD NAVIEN LAUNCHES UK OPERATION IN ROTHERHAM

A South Korean boiler manufacturer has chosen Rotherham as its UK headquarters ahead of plans to create up to 100 jobs by opening training centres and a research and development facility in the Sheffield City Region.

KD Navien, which is part of the £4.6bn-turnvover KD group, is taking its first step into launching throughout Europe by establishing itself in Rotherham.

KD Navien’s UK representative Graham Parkes said: "There is an ambitious plan for growth with the goal to recruit up to 100 employees and open training centres by 2017.

"In the UK we have two bases, the European HQ in London and the UK HQ in Sheffield City Region. The opportunity for growth is significant and we are confident we have the right products and support to take the UK by storm."

[smokey 1o3] 07/10/2015 10:35

However they did say the following so its only a question of what "near future" means.

"Looking ahead I expect to convert a number of our evaluation initiatives into significant development programmes and increase the number of partners we have in all stages of engagement. We continue to build relationships with a focus on securing the right strategic partners and I expect to announce further progress in our key relationships in the near future".

[cerrito] 07/10/2015 09:43

As a holder for me rather a disappointing lack of tangible news on commercialization.
Hope this year I will be able to make the AGM

[cerrito] 05/10/2015 18:29

Given other clients Zeus have in the sector makes sense for hem to become CWR adviser/nomad.

[smokey 1o3] 20/4/2015 00:15

9th April 2015
Ceres Power Holdings Plc
Ceres Power announces that early test results show an increase of greater than 40% in the overall power density of their Steel Cell technology, through a variety of material and mechanical improvements to cell and stack design. This milestone has been achieved against the company’s internal roadmap and further validates the route to affordable fuel cell products. Ceres expects these improvements to be brought forward from R&D to customer programmes later this year, resulting in lower product costs and accelerating the adoption of end user products using the technology.
The unique Steel Cell technology is a low cost, next generation fuel cell technology and Ceres is working with leading power systems companies to develop and commercialise power products using the technology.
Considerable technical progress has been made in the past 6 months and all of the key technical performance milestones have been met, with an increase of net electrical efficiency to 47%. This is equivalent to the highest performance achieved for SOFC in the Japanese market and superior to existing offerings from PEM technology providers.

Mark Selby, Chief Technology Officer, stated: “The impact of this performance improvement is a potentially a 40% reduction in stack cost and in the region of a 20% reduction in overall system cost. We have a number of exciting technology development programmes, like this one, that will translate into a sustained competitive advantage.”

[howling] 24/3/2015 11:42

hxxps://www.reportbuyer.com/product/1158043/
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hxxp://www.insidermedia.com/insider/yorkshire/131281-kd-navien-launches-uk-operation-rotherham/
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Re-imagining the Domestic Boiler

According to the International Energy Agency, more efficient production and use of energy in buildings would be the single largest and most cost-effective contributor to reductions in CO2 emissions. Since buildings use 40% of the world's primary energy the incentive for more efficiency is strong.

A trend towards “energy positive houses” targets producing more energy than they use by, coupling high insulation with more energy generation than consumption. 3D simulations are already helping reduce gas consumption in domestic boilers. The adoption of Combined Heat and Power (CHP), which utilises thermal energy that is normally wasted as exhaust, significantly improves energy efficiency. UK based Ceres Power’s unique fuel cell, located at the heart of a generation and exchange system, is an electrochemical engine that makes heat and electricity in houses. A combination of the materials used to make the fuel cell components; the type of fuel used and the operating temperature, allow electricity to be generated directly, via a chemical reaction, rather than burning the fuel. Simulating the fuel cell using 3DEXPERIENCE simulation technologies takes out any guesswork by predicting how physical products will operate - before they are made. This means that every physical prototype has predictable performance. With this technology Ceres Power is developing and perfecting a highly efficient, price competitive, advanced fuel cell based CHP system that will be making a strong contribution towards lowering our carbon footprint into the future.

[smokey 1o3] 12/3/2015 00:22

Ceres Power (LON:CWR) shares nudged higher as the fuel cell specialist's interims charted six months of progress, both technically and financially.
It raised £20mln in July, which, according to chief executive Phil Caldwell recently, leaves the firm well supported for the next two years.
In that time it aims to cement commercial ties with big manufacturers in Japan, Korea and the US keen to deploy its unique steel cells.
Ceres is aiming eventually to license the technology to manufacturers that specialise in making and selling the new generation of combined heat and power (CHP) boilers, as well as supplying its know-how to potential industrial users.
Until now the high costs associated with fuel cell technology have restricted widespread adoption without significant supporting subsidies.
Ceres reckons the steel cells, initially developed by researchers at Imperial College, are the most cost effective, robust and energy efficient developed.
In fact one of the technical advances in the six months ended in December was a 40% improvement in power output of the technology “further validating the route to affordable fuel cell products”.
Japan is a key potential market for combined heat and power units so it is fitting that the company’s most advanced collaboration is with an unnamed multi-national from the country.
Ceres also reported there had been “further evaluation of the technology by several new Japanese OEMs and potential manufacturing partners”.
Speaking to Proactive Investors, Caldwell said Japan was a key market for the group - a country, which is targeting a million home fuel cell generators by 2020 and 5mln by 2030.
"They also export the technology globally, as with the Koreans," he said, noting that Japanese manufacturers are now starting to strike relationships with European boiler makers.
"If we can prove our technology in Japan then it really will have global reach through those Japanese companies," he said.
The financials showed Ceres posted an operating loss of £5.3mln for the six months to December 31, which is typical of a company at this formative stage of its development.
It is sitting on around £22mln of cash, thanks principally to the July fund-raise.
Finally, the group bolstered the board with the appointment of James Falla as chief operating officer, and Aidan Hughes, the ex-finance director of accounting software giant Sage Group, as a non-executive director.
Chairman Alan Aubrey, told investors this morning: "I am very pleased with the company's progress, particularly the significant technical advances made over the past six months."
House broker N+1 Singer added: "The market opportunity for fuel cells is significant and we believe Ceres is well placed to play a leading role in its development."
It forecasts 2015 adjusted pre-tax loss of £11.7mln on revenues of £0.4mln.
Shares added 1.15% to 8.8p.

[cerrito] 11/3/2015 11:52

While they seem upbeat on the technology front the key sentence in today’s interims is quote
The underlying revenue position is flat predominantly due to progress taking longer than anticipated to reach follow-on agreements in the US and South Korea
Unquote.
That having been said re reading the annual report they did not give very clear indications as to when they would have follow on agreements in US/S Korea. Also I note that in the annual report ref Japan they said quote and expect several more companies to enter evaluation stages in the coming months. unquote and we have had no news on this front.
For me then between now and the Publication of the Annual Report in November I would expect news on successful conclusion of trials with KDN and announcement of next step; concrete advance with whatever they are doing with Cummins; news on relationship extension with the Japanese company and news of other developments with other Japanese companies.
In the meantime note that in the second calendar half of 2014 cash burn was just as in the first half just under £5m ie at this rate they can keep going till the middle of next year.
At these prices not planning to either buy or sell.

[temmujin] 11/3/2015 07:25

losses widen...bust in 12 months

[temmujin] 03/3/2015 09:31

this company will go bust like all the rest...dont be sucked in

[smokey 1o3] 26/2/2015 16:25

Website appears to have a few new bits here and there.

[new tech] 14/2/2015 21:50

Abramovich-Backed AFC Discusses Tie Ups to Start Fuel-Cell Sales
Bloomberg
by Louise Downing
13th February 2015



AFC Energy Plc, a U.K. fuel-cell maker backed by Russian billionaire Roman Abramovich, is talking to 10 to 12 companies with “household names” over setting up partnerships to help it push the technology to market.

AFC is targeting the U.S., South Korea and Southeast Asia where there’s support for fuel cells, Chief Executive Officer Adam Bond said in an interview in London. The first deals from the talks should be in place within the next quarter, he said.

The company’s fuel cells, which convert oxygen and hydrogen into power and heat, are for industrial and utility-scale sites. Unlike wind and solar, they provide a continuous power supply.

Tie-ups will vary depending on the needs of the partners.

“We could sell equity stakes in AFC, form joint ventures, act as a tolling agent where we process the hydrogen for a fee and sell the power back to the grid, or process the hydrogen and sell electricity back to the company,” Bond said.

Since becoming CEO in December, Bond has brought forward a timeline for commercial deployment of AFC’s systems by more than 18 months. It plans to install a first commercial unit at an Air Products & Chemicals Inc. site in Germany in December.

“AFC has been working on research and development of its fuel-cell technology since 2006 and it’s now time to bring it to market and return some value to shareholders,” Bond said.

It plans to install 50 to 100 megawatts in five years, with possible sales of more than 20 million pounds ($31 million) a year. It’s also looking to grow beyond chemicals to industries such as refining and steelmaking, as well as homes, Bond said.

AFC in July agreed to two deals to install units in South Korea. It raised 6.1 million pounds in October from investors including Abramovich’s Ervington Investments Ltd., which now owns more than 15 percent of the business.

[rocha16] 26/12/2014 08:56

A List of 10 Fuel Cell Stocks
December 25, 2014 By Nanalyze

In a previous article, we talked about how fuel cells hold a great deal of promise, and are on the cusp of widespread of adoption with stationary applications being the most promising. Navigant Research is forecasting that global stationary fuel cell revenue will grow from $1.4 billion in 2013 to $40.0 billion in 2022. We then looked at the now defunct WilderHill Fuel Cell Index and saw that 6 of the 19 companies are bankrupt, not trading anymore, or suspended. Of the remaining companies, only 5 seemed to be viable investments for fuel cell investors. During our research, we came across a total of 10 publicly traded fuel cell companies that may be worth taking a look at (market cap is in millions).

hxxp://www.nanalyze.com/2014/12/a-list-of-10-fuel-cell-stocks/

www.nanalyze.com/2014/12/a-list-of-10-fuel-cell-stocks/