Itm Power Share Discussion Threads

[vlad the impaler] 25/11/2022 07:16

Watch the shorters take her home for linde now

[grahamwales] 25/11/2022 07:16

Bloody brilliant news and Linde taking control at last.

[talldarkslim] 25/11/2022 07:14

New CEO looks a solid appointment. We should see a positive price reaction today.

[vlad the impaler] 25/11/2022 07:12

Loooks like the shorters heard first 😂

[vlad the impaler] 25/11/2022 07:11

The shorters must have heard early

[vlad the impaler] 25/11/2022 07:11

Schultz

😂😂

[wall street trader] 25/11/2022 07:05

That's a strategic first step in a Linde takeover

[folderboy] 25/11/2022 07:03

Good. Do wonder about the rise yesterday - surely not people in the know?

[skinny] 25/11/2022 07:01

.

ITM Power, the energy storage and clean fuel company, is pleased to announce the appointment of Dennis Schulz as Chief Executive Officer of the Company with effect from 1 December 2022.

Dennis moves to ITM Power from Linde Engineering, a division of Linde plc ("Linde"), in Dresden, Germany, where he has been Managing Director since 2020. He brings with him over 14 years of experience working with Linde Engineering across a wide variety of functions including project execution, Head of Strategy and CFO. He has been closely involved in ITM Power's strategic relationship with Linde and in his current capacity has already established strong relationships with the ITM team in Sheffield. He has, in particular, significant experience in the market for green hydrogen and decarbonisation. Dennis holds a Master of Science degree and an Executive MBA. The Company looks forward to welcoming him next month.

Sir Roger Bone, Chairman of ITM Power, said: "I am delighted to appoint Dennis as our next CEO. We undertook a thorough search process with several high calibre candidates and we have no doubt that Dennis has the right experience, skills and enthusiasm to take ITM Power to the next phase in its development. He knows the Company and technology well and is ideally qualified to help ITM reach its full potential. He will be warmly welcomed in Sheffield."

Dennis Schulz said: "I believe in ITM's core technology and in the important role green hydrogen will play in the energy transition. I welcome the opportunity to help ITM steer a successful path from the development of first-of-a-kind technology to becoming a highly efficient and reliable technology and manufacturing company. The potential is enormous and I look forward to leading the company at this crucial stage in its development."

[grahamwales] 25/11/2022 06:59

Tory rebels seek to reverse onshore windfarms ban in England.

What has millionaire Sunak got against onshore wind or is it the oil companies that have a problem.

Lets spend billions on a nuclear plant that will not generate a single kw of elctricity until over 10 years time run way over budget and cost more billons to de commision. Makes perfect sense not.

Bloody corrupt Sunak.

htYps://www.ft.com/content/1601b8b5-a435-4d63-bd0e-8bae26dccace

[hurricane99] 25/11/2022 05:36

Worryingly, the 2GEP skid is no longer on the website. Is this because they don’t want to advertise something that’s not yet available? Or has it been shelved? There needs to be more transparency here, the new factory was built for the Gigastack module, it’s been 3/4 years in design already and we’ve received £10m to test it. Where is it? Last mention was it’s still on track for 2023..

[gimmethefax] 25/11/2022 01:05

Previously: January 2022

"The electrolyser will be based on a state of the art 5MW PEM stack integrated into pre-engineered 20MW electrolyser trains."

[gimmethefax] 25/11/2022 00:33

"The REFHYNE project began in January 2018 and will run for 5 years to December 2022."

Refhyne1 (MEP1.0) due to end, but we were told that they intend to keep it running.

[gimmethefax] 25/11/2022 00:30

"The electrolyser will be based on a state of the art pre-engineered 10 MW electrolyser."

Is that new?

Thought it was based on the 20MW pre-engineered trains, using the GEP..?

Did we see a Leap-frog? Ribbit.

[gimmethefax] 25/11/2022 00:23

My focus: Policy and Production.

If we take Refhyne2 - this could suffer delays due to production, but not so sure about policy? Anything on off-take agreements or anything..? Can't remember the details. It is already funded by CINEA - and policy always seems to be moving in the right direction.

Clarity needed on the FID - expected "late 2022".

Wasn't a presentation from Shell posted recently which gave a flavour for their commitment to the project?

All ties in with the UK Government-funded Gigastack project.

Then we have the 'leap-frog' 10MW Module, but delays in the production of the core stack (MEP2.0).

Would like news on all the above.

[drew lonmenob] 24/11/2022 21:26

Sorry for your 70p shorts here vlad

[vlad the impaler] 24/11/2022 20:48

Very good analysis. Fair.

It’s either as you say, or something shocking that has them adamant and relentless since 459, at all lows and bounces

I reckon if no horror news within the next 1-3 weeks, then the bet is probably as you say

[moontheloon] 24/11/2022 20:39

Think they maybe betting on timing, we think it should all be happening now .. but world events supply chain, covid, inflation are against us, and new tech being proven at scale on the spot... Maybe they think we are too early for tangible progress that isn't going to drain money in coffers? Like years early? Even if all planned schemes get instant go ahead it will be years from drawing board to assembly and payment ... That's the only thing I can think of... Generally sector wise ..

[moontheloon] 24/11/2022 20:34

They're doing itm harder than other renewables hydrogen. Maybe since we shown more weakness than others. We do have issues. Ceres came out with a delay and recovered ok from something would have been over done had it been itm

[grahamwales] 24/11/2022 20:23

Helikon Seem to be shorting renewables even NEL.

[5barney] 24/11/2022 19:49

What’s that red ball in the sky you may ask what is that shiny red ball keep asking an I’ll say
Stop stop right there
It’s Neptune riding on a sea of glass Soon as it turns though green to black
Darkness will be the epitaph
So y do you think it’s so stormy now n y do u think I’m telling this story now