sp heading back up.
"Oh, Edmund, can it be true, that I hold here in my mortal hand a nugget of purest green?"
More of a splat, than a nugget, evidently. |
24 MW, delivered, upgraded, messed up, settlement paying Linde GBP13 million; Kept quiet till after settlement went into the accounts |
What happened with Leuna? |
At Spring Statement 2025, the government committed to removing Climate Change Levy (CCL) costs from electricity used in electrolysis to produce hydrogen. This will support the growth of low carbon electrolytic hydrogen production, which will play an important role in decarbonising the power system and hard to electrify industrial and transport sectors. |
Re the Orange Felon`s tariffs: He`s basically financially illiterate- I mean who goes bust running a casino FFS- The US export high margin services (at around 50%) and import low margin goods that are around 5% margin- wine and VWs etc. Does he understand how stupid he is? I guess he`s trying to re negotiate EVERY thing, literally everything and sod 80 years of good will & trust etc .. |
Perhaps the Mcphy move is the trigger. Obviously it helps EDF to use a UK company in the UK, especially on a government supported project - just like Linde/ITM was chosen in Germany. The question is whether for the further buildup of the Tees Green project (and other projects) EDF will select ITM or its own partner Mcphy or both. |
Very true!
Trying to work out what I`m missing....
Is it just the size? What do folk think it's worth to ITM?
Doing any kind of deal with EDF alone should be worth something?
OK we were up two days before so maybe someone got wind of this news bought a few and then sold into it?
Is it just being shorted again, to `annoy` etc...Then rise over the coming few sessions?
Beats me...Hey ho back to sleep. |
shares down 5%. let's hope itm doesn't win any more major contracts - the shares could become completely valueless. no wonder advfn is leaving aim. |
Very nice to see the ‘booking’; emerge as an order.
That order might get a lot bigger as the project expands.
Augers well for the 500MW booking. |
Great news for ITM this morning not so for McPhy |
graham, joint ventures don't mean anything much in terms of blocking a bid. linde owns 16% of itm from memory, and that might be more of a hurdle but they wld give it up for the right moeny. and if edf decides to be part of the hydrogen energy mix, and it's leaning that way now, then it cld easily buy itm. also, being something that they don't do is the main motive for a buyout.
as for a buyout being something rwe woldn't do, you clearly know nothing about rwe. they bought con edison, jbm solar and others. definitely a contender. |
Bradford could be next 🤔 |
Not sure either of those would look to buy ITM. It’s not what they do besides Linde have a vested interest and doubt they would let them go to them or a competitor. There is also no need for Linde to buy out ITM as they already have a JV with them. |
What's a similar alternative? |
"risk1" please be sensible. itm has first opportunity on a 300mw project. that's massive news for this tiny company. global warming isn't going away. hydrogen is being invested in at a low level but it will inevitably become a big industry. trump is trying to hold it back by going for the easy oil option but it won't last. even the chinese recognise the value of hydrogen. trump is an aberration and he won't last, but it's just stupid to say that he isn't having an effect. |
sad news about advfn leaving aim this morning. the shares have crashed on the news and profit warning. my guess is that itm will get bought and also exit aim. edf and rwe both potential suitors. |
You can’t blame this on Trump |
EDF Renewables UK and Hynamics are now progressing Phase 1 of the project. In its initial phase, the electrolyser will have a 7.5MW capacity. It is hoped that work could begin on site in 2025, with the facility operational by 2026. Future phases will seek to deliver up to 300MW in Teesside before 2030. |
it's the orange bstrd again. all indices down on car tariffs and bs threats that will never materialise. |
I don`t get how a contract, that must be worth vastly more than 10% of the Co`s valuation, is seen negatively...
We have the narcissists` tariffs and general market gloom I guess? |
Not enough fast enough. Is the reason I feel . Based on breakeven quantities |
That`s great news re contract with EDF....
Strange price action though....but we're used to that!
What`s not to like? |
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