Itm Power Share Discussion Threads

[grahamwales] 24/7/2024 10:24

They already have customers using their electrolysers Shell and Yara are 2. They manufacture electrolysers to produce hydrogen.

I don’t think they are allowed to store hydrogen there

[dickbush] 24/7/2024 10:20

My input just a repeat of something here yesterday re Germany's hydrogen network. Apologies.

[moontheloon] 24/7/2024 10:04

*power the vehicles

[moontheloon] 24/7/2024 10:03

I agree I've always said they should be running on green hydrogen... they would only need the roof full of solar run it through a 10mw system will be enough to pour the vehicles, the factory and It would be a go to place exhibiting all the potentials. Think it would be great pr if fully embraced their own product internally.

[willoicc] 24/7/2024 09:22

If ITM's products are as good as people think they are, I really do not understand why they are not already doing this. It is called 'putting your money where your mouth is.'

What better demonstration for potential customers than to see a fully functioning ITM self-sustaining power system to prove the efficiency of the products.

I know you do not agree with this train of thought Graham but if you give me a reasoned rebuttal this time, I might take more notice of your opinion.

[willoicc] 24/7/2024 09:16

When they start testing, they will need is some fuel cells to convert the H2 to produce their own electricity. Oh and some large storage tanks.

They can then obtain some stranded green energy and they will be able to run the factory on very cheap power.

[grahamwales] 24/7/2024 08:44

If only the UK had green hydrogen 🙄


Britain's gas network ready for hydrogen fuel, report says

[barnes4] 24/7/2024 08:05

🚀🚀

[grahamwales] 24/7/2024 08:02

Hydrogen electrolysers are emerging as key players in grid balancing and energy storage strategies worldwide. By converting excess renewable electricity into hydrogen during periods of low demand, electrolysers offer a scalable solution to store energy for later use.

[grahamwales] 23/7/2024 16:00

bunlop

I think they should be ok bearing in mind they are pushing to automate most of the production.

Think testing was the biggest bottleneck that Dennis wanted to resolve. Think end of the year is when they will have all the power they need to increase testing of the units. Will have to dig out the announcement that mentions it.

[bunlop] 23/7/2024 15:07

Graham. It is just like Lilly's growing at 100% per year on a large pond. You think you are OK as you have still got half the pond of open water. ITM will need to negotiate grants, acquire the site, go through a planning process, followed by construction and fit out and connecting services (especially lots of power for testing).

It looks to me now that demand and orders are picking up at a rate well exceeding 100% per annum.

The plan for being able to keep up with the coming demand in three or four years time can not be too far away. We have already seen how long it takes for these big projects to happen so projects on the drawing board for the first time now for ITM kit will need some certainty that ITM will be able to build that kit in three or so years time.

[grahamwales] 23/7/2024 11:34

Don’t think they need 2 production units just yet. If exporting to the EU becomes a problem then perhaps moving to Germany should be considered

[bunlop] 23/7/2024 11:12

Yes Graham, but the next step is surely manufacturing in the EU.

[grahamwales] 23/7/2024 11:09

They already have a unit in Germany where testing is done with Linde

[bunlop] 23/7/2024 10:58

A factory announcement for Germany can't be too far away now. This could add capacity for the 2026/7 financial year. I am assuming that most (or all) of the capacity reservation fee is discounted off the price if the project goes ahead on time.

Germany is going to need a lot of hydrogen to fill the planned 10,000 km of a dedicated hydrogen grid and serve all its end users.

I am still averaging down when I can.

[smokey 1o3] 23/7/2024 10:41

Hurrican - Nave read the report with a view of seeing whether there is anything in that favours ITMS PEM technology and best in trade apropos switching times and found this which is good for us.

"Electrolyser and integration technology
An overview of both PEM and alkaline
electrolyser types has indicated that, for an HPF
supporting management of thermal constraints,
the most appropriate technology is PEM. This is
predominately down to the flexibility of a PEM
electrolyser (with a ramp up from a hot standby
to maximum capacity in 10 seconds, compared to
8 minutes for an alkaline facility). However, this
does not necessarily rule out alkaline electrolyser
technology, which could still potentially respond in
time. Nevertheless, a PEM electrolyser is likely to
be a better fit"

[grahamwales] 23/7/2024 10:39

Climate Clock

Clock is ticking

[grahamwales] 23/7/2024 10:19

Would have thought ITM would have around 1gw of capacity with the additional factory Spain in the UK and Germany. Also those projects are spread out over a couple of years. So plenty of available production IMO.

[hurricane99] 23/7/2024 09:16

This should be the way forward, providing the right conditions are in place.

[stevepud] 23/7/2024 09:00

I’m intrigued to know what 600MW reservation of capacity would cost. In essence ITM will be unable to commit to producing for anyone else during this period. At £950k per MW are we talking 10-20%? Could we see a nice £55-110m of reservation income sitting in our 6 months revenue at the end of this month?

[grahamwales] 22/7/2024 16:21

Dept of energy UK


We're committed to tripling the UK’s solar power capacity by 2030.

Solar power is just one of the ways we're reaching our net zero ambitions with clean, affordable and reliable energy that works - even on cloudy days!

To help speed up delivery and generation, the government have granted three solar farms development consent orders and reactivated the Solar Taskforce, co-chaired by Energy Secretary, Ed Miliband.

[grahamwales] 22/7/2024 16:19

Seems aerospace could be big in Hydrogen now.


Rolls-Royce and easyJet to perform hydrogen testing at NASA’s Stennis Space Center