Ceres Power Share Discussion Threads

[book5] 31/8/2023 16:16

Once we store green hydrogen, we do not burn it, we use cwr’s technology to produce electricity.

[book5] 31/8/2023 15:36

Imho:
-CWR is not in the business of heating houses by burning hydrogen.
-A boiler burning hydrogen does not use cwr’s technology.

Currently Cwr’s business is to produce electricity from hydrogen or natural gas.

The professor said that burning green hydrogen to heat houses does not make sense. He never said that hydrogen is not viable to store energy, did he?

[brucie5] 31/8/2023 15:34

Significant shareholding partnerships with Weichei and Bosch must underwrite the proposition here somewhat, along with the cash runway. This is why said professor's stated view that H2 was practically/economically a non-starter was something of a shock. I wonder the the UK hydrogen industry will have some right of comeback - I sincerely think the counter-case needs to be made! Many will have been influenced by the good professor's views.

[book5] 31/8/2023 15:26

Japanese are looking into generating cheap hydrogen from nuclear stations. The hydrogen would be used in the haulage industry, rather than to heat houses.
There are several problems with electrical battery vehicles: availability of materials, weight, charging time. Hydrogen has a role in heavy transport.

[book5] 31/8/2023 15:11

cwr’s target market is where hydrogen can not be substituted with electricity.

I listened to the podcast, and in my humble opinion, it is good.
Unless the price of hydrogen reduces a ton, we will not heat our houses directly with hydrogen but with electricity.
Possibly, the role of hydrogen is mainly to store the excessive renewable electricity and release it back into the electricity grid when needed.
The efficiency of the conversion (electricity, to hydrogen and back to electricity ) increases when the electrochemical reactions occur at around 600C. We could use the generated heat from the electromechanical reactions in industrial procedures, or even to heat local houses to further increase the efficiency.
All the above goes through the board if we find mineral hydrogen under the soil. There is a well in Mali that extracts hydrogen, and it is converted directly into electricity (possibly with Cwr’s technology) rather than burning it. The French have discovered some hydrogen a 3000m depth, and the USA is looking into it. Source: Getech group share thread.

[rogerrail] 31/8/2023 12:18

Just look the cost comparisons below , the margins are so slim on ASHP's that many people will find themselves at the mercy of of electricity price rises escalating the cost of running their system, and you can't just run them when we have surplus renewables, you are better off just installing solar power


Comparison of ASHPs, GHSPs, and Gas Boiler (2023)Dimensions
ASHP GSHP Gas Boiler*
Annual Running Cost £1,360 £1,020 £1,565
Annual Total Benefit vs Gas £295 £545
Seven Year Benefit vs Gas £1,435 £3,815
Initial Cost £13,00 £29,750
Initial Cost with Boiler Upgrade Scheme
£8,000 £23,750
* Gas Boiler calculations include daily standing charged and an efficiency rate of 82%.

[brucie5] 31/8/2023 12:08

Thanks Roger, I was gobsmacked.

[rogerrail] 31/8/2023 11:59

I picked it up on my way home when it was repeated during the news slot at around 5.50pm.

[horneblower] 31/8/2023 09:36

It wasn't on "More or Less".
What time of day, anyone?

[skinny] 31/8/2023 09:10

Here's yesterday's schedule - possibly more or less?

I'm not able to listen currently :-

[horneblower] 31/8/2023 09:05

What program or time was it, please?

[rogerrail] 31/8/2023 08:24

I listened to it also. Typical ivory tower professor. He ignored the fact that heat pumps involve a high capital investment by homeowners and much bigger radiators, and that is not going to happen at the speed we need it to. He also failed to mention that in town gas we had over 40% H2 , we dont have to go to full H2 over night we can just use the surplus renewable and feed it to the grid even if its only 5% and that is a quick win. Change is only going to happen if gov't do things at scale , the country has a huge investment in the NG with a higher % of homes connected to it than anywhere else in Europe, and we need to make full use of it.

[brucie5] 31/8/2023 08:07

There was a Cambridge professor on BBC R4 pm programme yesterday speaking about hydrogen as possible fuel of the future. He was utterly dismissive of it on grounds of efficiency, which surprised me. I'll try and find the interview again; he was recommending heat pumps as being 6 times more efficient for houses.

Nice to see CWR perking up again.

[book5] 30/8/2023 19:15

Hi Brucie

It was mainly a phrase to motivate myself to hold our shares long-term. Imho the share price has the potential to go very high.

Some examples you already know are below:

The way I see it, Cwr‘s technology is a paradigm shift in electricity generation from gas, as using Cwr’s technology requires less capex and produces more electricity from a unit of gas.

We know two of our major partners are evaluating our technology for producing hydrolyzers. Their results are due in two years.

Productions of free electrons for the pharmacological industry (recent article published in this thread). I would add that the UK is a worldwide leader in this sector.

Our technology to produce electricity from hydrogen goes into production next year through licensing.

Educating myself by reading you all.

Thanks and regards,

B.

[brucie5] 30/8/2023 13:40

book530 Aug '23 - 10:50 - 1773 of 1773
0 0 0
Cwr should change the world
----------------------------------------------------------------------
That's a strong claim! Care to elaborate?

[book5] 30/8/2023 10:50

Cwr should change the world

[mcmather] 25/8/2023 22:14

23 Aug 2023 - Ceres feature in this but absolutely nothing new:

"3 shares to watch for low-carbon power production"

[skinny] 24/8/2023 14:48

Thanks for sharing that insight with us.

[baldrick1] 24/8/2023 14:47

It looks to go back down to my selling price yesterday

[brucie5] 24/8/2023 11:53

Looks like the bounce is on, with £3 as the support.

[brucie5] 23/8/2023 15:40

book523 Aug '23 - 15:37 - 1767 of 1767
0 0 0
Skinny23 Aug '23 - 09:58 - 1764 of 1766


Hopefully it leads to new partners and few rns
Many thanks
---------------------------------------------------
Yes, I think that's the point, given CWR's capital light business model. They're just developing the IP, so presumably much lighter also on their feet to turn towards new opportunities with their area of expertise. Which is clearly opening up.

[book5] 23/8/2023 15:37

Skinny23 Aug '23 - 09:58 - 1764 of 1766


Hopefully it leads to new partners and few rns
Many thanks

[brucie5] 23/8/2023 12:50

Interesting Skinny. Minor story in itself but instructive as part of the whole. H looks increasingly important to a viable future for humanity.