Itm Power Share Discussion Threads

[moontheloon] 05/2/2024 15:21

That's biggest news today

[grahamwales] 05/2/2024 15:20

Yep RWE and Linde JV 😁😁😁

[moontheloon] 05/2/2024 15:20

Omg the most pathetic set of ai robots actioned by the kremlin. Wow

[institutional investments] 05/2/2024 15:16

Global hydro sectors down an average 6.2% now

Biggest kill in 3 years ..n thats saying something

Likes of plug and co down 10% at present, and the others


"THE Gift Horse is about to burn Troy"

[institutional investments] 05/2/2024 15:14

Prepare...

......prepare

[grahamwales] 05/2/2024 15:13

1635 that’s about 5 minutes after close of play and will show a big UT buy I guess. 😁😁😁

[institutional investments] 05/2/2024 15:12

Indeed. ITM shall soon

"Ping The Pain "

[pol pot] 05/2/2024 15:08

You know whats coming 1635 Graham yes?

[grahamwales] 05/2/2024 15:07

Blah blah blah 🥱 🥱

[institutional investments] 05/2/2024 15:06

Dan, any words of advice for the bulls?

Shoot themselves ?

[institutional investments] 05/2/2024 15:00

Bulls

I highly recommend you write your wills now

Please don't leave me anything

I'd have to pay off your ITM bill

[danvandan] 05/2/2024 14:56

A repost. Originally from
LaMorgan3 Feb '24 - 22:48 - 31138 of 31178
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LIST OF SUCCESSFUL HAR1 PROJECTS
Sources: UK Department for Energy Security and Net-Zero, S&P Global Commodity Insights

Project name: Barrow Green Hydrogen.
Developers: Carlton Power; Schroders Greencoat.
Expected users: Kimberly-Clark manufacturing facility (consumer goods)

The development will have an initial capacity of 35 MW, which will produce enough hydrogen to heat the equivalent of 14,000 homes. The project has the potential to expand to several hundred megawatts.


Project name: Bradford Low Carbon Hydrogen
Developers: Hygen Energy; Northern Gas Networks; Ryze Hydrogen
Capacity: 24.5MW
Expected users: Transport and industry


Project name: Cromarty Hydrogen
Developers: Scottish Power; Storegga
Expected users: Whisky distilleries
cromartyhydrogenproject.co.uk [The link won't display]

Project name: Green Hydrogen 3
Developers: HYRO Energy (RES and Octopus Energy Generation)
Expected users: Kimberly-Clark manufacturing facility (consumer goods)
News article, middle of last yr:


Project name: HyBont
Developers: Marubeni Europower
Expected users: Transport and industry
hybont.co.uk [link won't display]

Project name: Langage Green Hydrogen
Developers: Carlton Power; Schroders Greencoat
Expected users: Imerys and Sibelco production facilities (mining and materials)

The development will have an initial capacity of 10 MW, which will produce enough hydrogen to heat the equivalent of 14,000 homes.

Project name: Tees Green Hydrogen
Developers: EDF Renewables Hydrogen
Expected users: Industry


Project name: Trafford Green Hydrogen
Developers: Carlton Power; Schroders Greencoat
Expected users: Transport and industry

Trafford Green Hydrogen is an industry leading project, that will use renewable energy to produce green hydrogen fuel for industry, transport and heating. The development will have an ultimate capacity of 200MW, which will be sufficient to take around 8,000 petrol cars off the road annually. The initial phase will be 20MW.

Project name: West Wales Hydrogen
Developers: H2 Energy Europe (H2 Energy and Trafigura Group)
Expected users: Industry

With a capacity of 20 MWe, the plant will convert renewable energy into green hydrogen.

Project name: Whitelee Green Hydrogen
Developers: Scottish Power
Expected users: Transport and industry

The solar farm to the north of the site will provide 20MW of renewable solar generation across 62,000 individual solar cells, which will power the Green Hydrogen Production Facility. This Facility will use electrolysis to create hydrogen using water and will allow us to produce up to 10 tonnes of Green Hydrogen per day.

[institutional investments] 05/2/2024 14:56

Be some slaughter tonight

Right gerbil support price struck on ftse circa 7614 to confirm it

[institutional investments] 05/2/2024 14:55

29 won't be that fast hopefully

[danvandan] 05/2/2024 14:55

LaMorgan3 Feb '24 - 22:45 - 31137 of 31177
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Something for the brokers and analysts to consider; the post after this one lists the HAR1 funding awards (HAR1 is mentioned in passing in the ITM results presentation). The HAR1 results were announced in December. HAR1 is govt funding to subsidise the cost of hydrogen projects - it doesn't pay for the whole project - it's a contribution to reduce the cost of the green hydrogen so that it can be sold to customers at less than the fossil-fuel equivalent, making carbon-zero the best economic option.

HAR1 involves smaller projects, though some of these have potential to become large projects (200mw and more). HAR2 is for bigger projects and applications will be in by mid-April this year. Some of the original HAR1 applicants withdrew from that funding application so that they can apply for HAR2.

The HAR1 projects look like they COULD account for substantial yearly revenue for ITM; my guess is that these projects alone might be worth around ten to twenty times ITM's revenue for the current year. Anyone with an INFORMED view on this? Presumably an ITM electrolyser comes with a service and maintenance contract. I imagine they have telemetry that lets ITM know when a problem is emerging before their customer calls them. Also they seem to upgrade older units. I've seen a few numbers on contract values in the press from a few years back - am guessing prices have come down since then.

Most of the HAR1 projects could use ITM units. They're not the only suppliers of this technology, but ITM is UK-based with a class-leading product and a technical workforce within driving distance. Buying Chinese seems risky (if they invade Taiwan they'll likely end up embargoed like the Russians). The European firms (Siemens etc) seem to be closer competitors. But if ITM only manages to achieve its current market share (33% in Europe) in its home market, it might more than double revenue from HAR1 projects alone. I expect we will hear contract announcements throughout this year that give an indication on revenue.

[baldrick1] 05/2/2024 14:55

I'm still seeing signs of red today or tomorrow