|IEH will likely be a 3rd party supplier to someone else. they need to build those relationships|
|MAYBE IEH WILL BE GETTING SOME RATHER LARGE GOVERNMENT FUNDED CONTRACTS.
The Mayor of London, Sadiq Khan, said: “I want London to become a world leader in hydrogen and electric bus technology. I’m implementing hard-hitting measures to clean-up London’s toxic air and it’s great that more cities are getting on board to phase out the procurement of pure diesel buses which sends a clear signal that only the cleanest technologies are wanted in our cities.
“Transforming London’s bus fleet by accelerating the introduction of zero-emission buses is important and I plan to work with bus manufacturers, other cities, the European Commission and the C40 Climate Change Leadership Group of Cities to move this agenda forward.”
As part of his commitment to cleaning the capital’s air, the Mayor wants all London buses to meet the Ultra-Low Emission Zone standard during 2020.
|They are not going to say by the way we got shafted in India.|
|It certainly looks that way...perhaps EE will start making a small profit from other trading activities.|
|Funny response ibug..
So can we infer that a) some benefit from reducing loss making activities b) there might be some restructuring costs c) net effect pretty small?|
|Feb 24, 2017
Intelligent Energy Holdings PLC Annual Shareholders Meeting (Estimated) - 2:00PM GMT|
|I WROTE TO IEH and asked about whether cash burn would be reduced due to events at Essential Energy -India. Here is a somewhat cryptic reply.
Thank you for your enquiry. In response, I would point to three relevant sentences in the RNS, namely:
“In the year ended 30 September 2016 the Essential Energy segment recorded Revenue of £85.1m, an adjusted EBITDA(1) loss of -£2.5m and a loss after tax of -£5.5m.”
“Options will now be considered around the restructuring of the Essential Energy segment and the operations in India.”
“As noted at the annual results presentation, the outlook for the core business is not considered to be materially dependent on the completion of the GTL transaction.”
|IEH have been putting it about in Asia for years ... quite comforting ... already in situ .... better than scrambling for a presence in developing markets playing catch-up
|HYDROGEN POWERED TRANSPORT is becoming more popular everyday as more and more infrastructure projects are revealed. Major World Governments are determined to make hydrogen its main source of energy that will greatly improve health and the lifespans of people living and working in cities; which accounts for about half the world's population.|
|DOE Fuel Cell Bus Analysis Finds Fuel Economy to be 1.4 Times Higher than Diesel
author FuelCellsWorks, December 01, 2016
Announced on November 30 by Deputy Assistant Secretary for Transportation Reuben Sarkar at the Zero Emissions Bus Workshop in London, FCTO has released a new report showing that the average fuel economy of fuel cell electric buses from three fleets is ~6 miles per diesel gallon equivalent or DGE, 1.4 times higher than conventional diesel...
|Nikola One Hydrogen Fuel Cell-Electric Truck Revealed
author FuelCellsWorks, December 01, 2016
Class 8 zero-emission hydrogen-electric truck in production by 2020 Nikola One a range of 800 - 1,200 miles while delivering over 1,000 horsepower and 2,000 ft. lbs. of torque Network of Hydroge FUEling Stations to be Built across the U.S and Canada SALT LAKE CITY -- Nikola (pronounced Neek-oh-la) Motor Company unveiled its highly anticipated Nikola...
"Mr. Osamu Honda, President of SMILE FC and Executive Vice President, Suzuki Motor Corporation said: “We are delighted to achieve such a significant milestone just one year after the establishment of the JV. It brings us closer to delivering on our commitment to achieve efficient and cost-effective production of fuel cell systems for integration into clean energy vehicles.”
Dr Henri Winand, Chief Executive at Intelligent Energy, noted: “Fuel cell systems provide one of the best solutions to reducing carbon emissions from vehicles. The Yokohama production line is testament to the rigorous, results-oriented collaboration between Intelligent Energy and Suzuki Motor Corporation – one that brings us a step closer to the commercialisation of fuel cell electric vehicles. This demonstrates how our focused commercial approach accelerates and de-risks our partners and customers’ deployment plans.”
Headquartered at Suzuki HQ in Hamamatsu City, Shizuoka, SMILE FC was created in February 2012 to develop and manufacture air-cooled fuel cell systems for a range of industry sectors including automotive. The joint venture provides Suzuki with access to Intelligent Energy’s Air Cooled Fuel Cell technology, through partnering and licensing. This will drive benefits such as early volume production, economies of scale and avoiding the higher costs associated with in-house development."
So, SMILE FC are already tooled up to supply any vehicle manufacturer that doesn't want to do it's own R&D making it's own FC and is set up to know them out CHEAPER as a result. We'll see how it all pans out ...|
|World at One on Radio 4 just described a "stampede" by car manufacturers to electric and hydrogen vehicles (see ibug's post above) Why? Diesels will be allowed probably in the countryside and in market towns and villages but there will be a huge number of perfectly useful used diesel cars for sale wrecking the market for new ones ... in some ways, production of diesel cars may wind down very quickly.
Also, congestion charges and car sharing schemes or even uber, bla bla car mean that the cost of entering central London in a zero emissions car, bought with a subsidy could become quite an efficient way to run a car ... you buy the car, you drive on less congested roads into Central London with passengers, desperate to get away from Southern Rail paying for a seat in your car.
I'd do it!
Oh ... and the Toyota Mirai is now being ADVERTISED on Norwegian TV ..... it's arriving pretty quickly this hydrogen thing .... either the UK gets onboard dead quick or is the last rat off the fossil fuel sinking ship.
If you read back through my posts, I've been going on about growing POLITICAL pressure vs governments on air quality ... it's growing ... add the London 3rd Runway at Heathrow into the kerfuffle and you have a lot of column inches on this to build this for the next election. Boris Johnson did next to nothing for air quality.|
|Four major cities move to ban diesel vehicles by 2025
By Matt McGrath
Air quality in Paris has forced political leaders to take a hard stance on the use of diesel
The leaders of four major global cities say they will stop the use of all diesel-powered cars and trucks by the middle of the next decade.
The mayors of Paris, Mexico City, Madrid and Athens say they are implementing the ban to improve air quality.
They say they will give incentives for alternative vehicle use and promote walking and cycling.
The commitments were made in Mexico at a biennial meeting of city leaders.
The use of diesel in transport has come under increasing scrutiny in recent years, as concerns about its impact on air quality have grown. The World Health Organization (WHO) says that around three million deaths every year are linked to exposure to outdoor air pollution.
|The new, more efficient processes for producing Hydrogen without using energy from fossil fuels are the game changers here ..... once hydrogen can be produced cheaper than oil, the oil industry will collapse ...... and so much of the tech is available now for any keen DIY fan who wants to drive their hybrid or EV car on sunshine ... this is going to wreck The West's and capitalism's business model though .... Shell have just paid dividends using money they have borrowed from what they hope they will earn next year if the oil price rises ... the writing's on the wall for the oil companies so it'll be interesting to see when the tipping point happens ... they own the filling stations and the infrastructure ... eventually they will embrace hydrogen and be in a race against each other for dominance. We will be buying our hydrogen from Shell, BP, Exon, Texaco etc. ... apart from that we make ourselves ... interesting how the lower temperatures used to get hydrogen out of methane ... making your own biodigester is easy ... and you burn the methane .. use it to cook on or do some heating if you have enough ...... but, in theory, with an HFC, you could use your household waste to produce methane which you cook up at 150 degrees C to make hydrogen ... I'm not saying you will be able to run everything on hydrogen but, you certainly can't refract your own internal combustion engine at home ....... but methane is easily produced and hydrogen is being produced from that at ever lower temperatures ... it'd be nice if bi-products of household waste allowed you to drive a few hundred miles a year ....|
|London Mayor pledges to use H2 Busses video.
A hydrogen powered double decker is to be trialed in London next year as Sadiq Khan steps up action to tackle toxic air blighting the capital.
|Fuel cell electric bus project CHIC launches final project report as tool for cities and bus operators
author FuelCellsWorks, December 01, 2016
London--Today, the fuel cell electric bus project Clean Hydrogen in European Cities (CHIC) has launched its final project report entitled “fuel cell electric buses: a proven zero emission solution. Key facts, results, recommendations” at the International Zero Emission Bus Conference in London, City Hall. The report is intended to guide cities and bus fleet operators...
|New process produces hydrogen at much lower temperature
December 01, 2016
Simpler process and higher efficiency creates great expectations for consumer market
Waseda University researchers have developed a new method for producing hydrogen, which is fast, irreversible, and takes place at much lower temperature using less energy. This innovation is expected to contribute to the spread of fuel cell systems for automobiles and homes.
Hydrogen has normally been extracted from methane and steam using a nickel catalyst at temperatures of over 700°C. However, the high temperature creates major challenges for widespread use.
The group led by Professor Yasushi Sekine, Waseda University Faculty of Science and Engineering, developed a method which allows hydrogen extraction at temperatures as low as 150~200°C.
This shift greatly reduces energy input needed to produce hydrogen fuel, extends catalyst life, reduces the cost of construction materials, and reduces complexity of heat-management (cooling) systems.
|Filster, the European Premium manufacturer? Not VW, could be BMW or Daimler Benz ....
" Intelligent Energy will lead a pan-European industry working group to ... Furthermore, BMW Group and Daimler will participate in the project to"
not British I don't think. The bit i posted above about Cobalt is really interesting. It's a bi product of some mining processes including copper but unless there's an upturn in copper prices and more copper mining, EV battery production will suffer from high prices of Cobalt through lack of supply. There are conflicting views on this.
No idea why the share price is taking such a kicking today ....|
|Reality would agree with years as the requisite time frame; I always saw the last financing as an act of desperation with an opportunistic taker after attracting Singapore Sovereign at get go. I do not know how smart Bloom is . If I were him. I would look for a syndicate to take out the loan at perhaps sub 10% and not the usury rate agreed of [ that was for the takeout by June 2016] 18% and come to the market again on some solid realistic projections
I could not see much on Bloom background.|
|years = more funding needed.... imo|
|They undoubtedly have valuable technology and know how, The now need safe pairs of management hands, feet firmly on the ground, and relief from the harsh Loan Note to recover and hopefully prosper. However we are talking years imo not months. They have to go ever so slowly smartly and carefully to avoid further hubris and banana skins|
|I was wondering about the European Premium Car Manufacturer, as Jaguar have now announced the iPace, but that only has a range of 200 miles so I don't think it can have HFC tech in it, which is a mistake imo. I was talking with someone who works in their engine tech dept. and they mentioned being game changing or doing something different, but 200 miles isn't it.|