Schulz language introducing Amy Grey sounds solid and confident. we can only hope |
It will start going up shortly, all is good. It has a solid base now. Just need to ignore the nonsense from the shorters trying to scare people for their short term gain. |
Unfortunately changes will now take time to get settled into the business and this will slow things down meaning more cash consumed and slower progress with sales etc . Heading for the 30s here imo |
Lord Bamford talks hydrogen; says politicians have been ‘mesmerised by Musk’ 🔮
JCB Chairman Lord Bamford has urged the ‘powers that be’ to introduce the infrastructure so that hydrogen can be more easily accessible for heavy duty machines.
Lord Bamford is personally leading JCB’s hydrogen initiatives and his company has developed an internal combustion engine that is powered by hydrogen.
He believes politicians around the globe have been ‘mesmerised’ by Tesla CEO Elon Musk – and feels the major advantage hydrogen engines have over electric solutions is the fact they ‘are not inflationary’.
Lord Bamford spoke to Harry Metcalfe on a Harry’s Garage YouTube episode called “Is hydrogen, rather than electric, the future for big-engined machinery?”.
Lord Bamford said: “There’s still a great future for an internal combustion engine – they are highly reliable and they are not inflationary.
“A family saloon, like a Vauxhall Astra, costs £14k, whereas a Vauxhall Astra Electric is £29k – this is highly inflationary.
“We have 7,500 people who come to work at JCB – and the majority of them come in their car.
“So if it’s going to double to buy a family car – not only are they having a problem buying a house at the moment, it’s also hard buying a car – these elements are not thought of by politicians.
“We buy batteries from five different sources – and if you ask them what the price is going to be a year out, or two years out, they are going to be more.
“The main reason is that the rare earth materials in them, particularly lithium, cobalt, copper – copper has doubled in a year. Is it going to come down again, just because the volume goes up?
“There’s no labour in building batteries – or very little – so you are really building a thing with lots of these elements in – and the cost is not going to come down.”
JCB have made a range of electric machines but have found they cannot meet the needs of their clients’ workload |
Keeping Amy's desk dusted till his handover is done |
Amy green would have been better. |
I wonder what his new role will be |
There was also a vacancy for tea lady. |
" Andy will support Amy in making a smooth transition and assume a different role within the Company."
Hope this helps :- |
Indeed it does. The lump should have blown the whistle on Cooley but lacked a spine. |
Interesting appointment one that will no doubt please long term investors. Just one more old guard to replace now. 😉 |
Finally cooleys stooge steps/taken down. Did well surviving after cooley ruined the company with his lies and shareholder value |
Norbus That will please you |
PJ. Combine that with Hinckley eventually coming on stream. The UK currently needs approx 35gw of electricity 4.5gw currently coming from nuclear with another 2.3gw to come. Solar generates around 2gw and wind is forecasted to generate 60gw by 2030. That’s a lot of excess electricity let’s hope it’s not wasted. |
grahamwales every cloud has a silver lining and bottlenecks in getting wind generated power directly into the grid provides greater incentive to use electrolysers to create hydrogen to either store the energy that would be wasted or use it to supply green hydrogen for off grid uses per moontheloon's earlier link in post 33066 above. |
"The German energy company has already ordered two of the three electrolysers for GET H2 Nukleus, each with a capacity of 100MW, from Linde Engineering and the electrolyser manufacturer ITM Power in 2022. RWE has now commissioned the Sunfire and its partner Bilfinger to deliver the third electrolyser.
The contract volume is in the low three-digit million euro range." |
Still not got to the bottom of why the UK is only generating 1/3 of available wind energy. I’m suspecting it’s to do with poor grid infrastructure so as more wind farms come on board providers will continue to be paid to switch off turbines 😡😡 |