He talks the talk and knows where the sector currently is ... the positives and negatives. More (a) order(s) and we will leave the doldrums. I'd like to see a dip into 40s for top up though. It seems tangible almost in touching distance but still yet not fully crystallised from hope |
Thanks sonic - he IS a breath of fresh air. |
 Latest post from Dennis -
"The hydrogen economy is happening!
Over the last years, the green hydrogen pendulum was swinging between an unsubstantiated hype fuelled by overly excited capital markets on the one side, all the way to a complete overreaction of lost belief on the other side. We are now in the phase in which the pendulum is slowly starting to find its equilibrium: More and more real projects happening, real plants being built, and companies having to live up to what they kept promising for years.
Progress is never a straight line, and translating plans into commercial reality will always remain a rocky road with obstacles to overcome. In the industrial and political landscape, there is broad consensus today though that green hydrogen is a key enablers of a successful energy transition for grid balancing and decarbonising especially hard-to-abate industries, which are the cause of approx. 30% of emissions.
Today, Germany is at the forefront of green hydrogen project deployments in Europe; and in turn Europe is leading the way globally on this journey. Germany has been achieving this by industry and government pulling in the same direction, which among others enabled the more than 300 MW of electrolyser projects ITM Power is currently delivering in Germany. Other countries are starting to take note and learn from these successful examples, following on the same path.
We are proud to play our part in decarbonising the world." |
CWR is a direct holding, but I don't hold / trade US equities directly anymore, I think my last foray was when 3D printing companies were on the up @10 years ago.
For me at least, the ETFs are a good way to get exposure to a range of companies in the arena. |
Would take CWR over Bloom. Lower operating temperature less wear and tear etc etc. |
I like Bloom also.
Best to hold something like :-
or |
Doosan for you as well then lol |
I also hold CWR and AFC for my sins. |
COLSMITH
Strange isn't it price goes down in summer when no one is using much yet price goes up in winter even though price of gas remains same winter and summer.
Happened to petrol and diesel prices if you remember during Covid prices dropped when no one was using cars yet went straight back up after Covid.
All fixed for the oil and gas cartels unfortunately they have governments in their back pockets and oil lobbyists convincing them that we can't survive without it.
Labour all talk at the moment no action I know its early days but seems renewables have been forgotten now they are in power. Nothing changes eh. |
Graham re 32934 - I wonder how much loading BESS will put on renewable price. Gas price is artificially high - there's loads of the stuff about but for whatever reason supplies have been interrupted, such as Nordstream; meaning LNG is being carted to Germany in particular, from USA and Qatar. Its all snakeoil! Energy price cap goes up due to apparently the traded price of gas - not in US so why here. One reason no new north sea licences - seems we the people are being gas lighted.
PS why is there 20% hit on gas and electricity price - even making a cup of tea is taxed and perhaps its time to not use the electric blanket as the energy cost is taxed - Government telling us stay cold or pay the tax. |
Smokey
I noticed recently Doosan won a large maintenance order for fuel cells. Wondered if any good for you. |
graham.... Right now our electricty is being generated by 87% renewables and 17% Nuclear, making circa 95% Green. I have some Ceres and in long term and feeling better now things seem to have turned the corner. |
Anyone in CWR? |
Also current generation price is -£4.36 and they say renewables are expensive. The sooner we get gas to zero the sooner bills should come down Should being the operative word. Cheap electricity means cheap green hydrogen. |
Energy prices still dictated by the price of gas.
Windy out there today over 60% of energy produced by renewables. |
Very interested - and my thanks as well Would have missed it. |
Thanks moontheloon :-
from 45:40 ---> 51:20 |
There was a really interesting green energy section on ch4 news tonight. If anyone interested |
China is an absolute essential danger itm and other European electrolyser manufacturers should have a very close eye on especially after another year of its happening soon. Maybe the shorters are long in China... and who would bet against chinese supported shorts... its not too extreme a scenario re global scenario. Just expect Anything ... plus they don't play fair globally. Cooley and the government's gave away any advantage itm had. Enjoy the weekend kicking back everyone |
Ok so if they are manufacturing for future orders would expect inventories to increase for build and materials to increase accordingly possibly between £10-£15 million. Which would negate the £50 million reduction in cash.
Any thoughts?
Net cash at year end is expected to be between £160m and £175m: Capex for the year is expected to be in the range of £15m to £20m, as we continue to invest in R&D, product development and our manufacturing capabilities. We anticipate working capital to increase by £10m to £15m, against commercial contracts awaiting revenue recognition (see Revenue). |
Or thyssen either way can’t see a) how they are going to make money and b) rely on another manufacturer to produce a product that actually works without any problems. The one Moon posted yesterday don’t actually manufacture their own electrolyser they actually buy them from China 😂😂😂 |
"The factory in Høvik will accommodate a footprint of just 2,500m2, including stack assembly, quality control and testing, using automated production techniques from the fuel cell industry.
This is thanks to stack components being supplied from an “established, high-volume supply chain,” allowing Hystar to rapidly scale production."
NEL? |
Also 4-5gw in 27,000 sq ft building 😂😂😂😂 |
Skinny
Are they manufacturing their own or using thyssen technology. Not many of these companies actually have their own Electrolysers to build but rely on other companies technology |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
