Tax credits are no good if Nel does not paytax. I can't see 4GW factory going ahead if Nel has to put up $200m
I think Thyssen, Sunfire Cummins and ITM will be in thetop ten |
Nothing left to drill in the North Sea the reason why oil companies want subsidies for carbon capture. Squeeze as much oil and gas out of existing wells as possible. |
Meanwhile everyone else drill baby drill
And buy some time to swap to renewables |
Barney
Fortunately Dennis saw this coming 2 years ago and took appropriate action which now leaves ITM in a better place and potential customers looking more closely on who they place orders with. |
Hopefully they listened and take note.
New government, same address - back to the Prime Minister‘s office. Our Chairman Sir Roger Bone and I had a constructive discussion in 10 Downing Street on the economic opportunities green hydrogen and the domestic manufacturing of electrolysers pose for the UK.
In what is turning into a massive, multi-billion industry, ITM Power has a strategic opportunity to grow substantially over the coming years. We shared the view that government must support and prioritise domestic supply chains for electrolysers and associated jobs, especially when taxpayer money is involved. Ed Miliband, Secretary of State for Energy and Climate, said - “Let's spell out what this future means: jobs building carbon capture and storage, jobs manufacturing electrolysers for hydrogen” - we are here to make that happen.
In today’s times this is not only an economic question, but increasingly also one of energy and critical supply chain independence. |
Never mind they can still back slap on linked in until the money runs out which will mean I can close |
😂😂😂😂8514;😂ԅ14;😂 |
Nel blues day. |
Nel temporarily halts hydrogen electrolyser manufacturing at flagship 1GW factory in Norway
Next please |
Start of electrolyser manufacturing consolidation as per Dennis comments
French hydrogen electrolyser maker Elogen at risk of closure as owner seeks to limit 'financing needs'
The company, which has 160MW of annual electrolyser manufacturing capacity at a facility near Paris, has only announced electrolyser sales totalling 18.5MW, but has not announced any completed installations to date
GTT Initiates Strategic Review for Elogen Amid Challenging Green Hydrogen Market Conditions |
BMEL re your "Good man - he does not like the idea of someone in Shanghai with an 'off' switch for critical kit - like electrolysers"
Agree but unfortunately the UK is connected to China by an umbilical commercial cord. Maybe these politicians should look at their pants and vest and dog poo bags (mine at least) its all/most from China (other countries in Asia as well of course). So maybe the challenge to the UK leadership is to compete with China by setting in place the conditions for companies to make over here. Tragically fat chance as for 50 years or so they have been making life difficult for UK make. The current lot it seems are stoking the fire for UK companies see offshore is the way forward. |
Courtesy of Tennents on LSE.
Good Headlines in major UK Newspapers
Front page on the Times - 'Labour's net-zero push hand power to Beijing'
Ex MI6 chief warns against drive to bring Chinese energy infrastructure.
Good man - he does not like the idea of someone in Shanghai with an 'off' switch for critical kit - like electrolysers
Front page Daily Mail (Scottish edition) - 'The £380 m Green Energy Con Trick'
That's the amount added to our bills for windfarms NOT producing electricity
FINALLY - the media wakes up to who is paying - the consumer - and neither they, nor the consumer, was aware of that before.
THis has the potential to be a political storm, set against the context of high cost of living and very high cost of electricity
waste not want not - turn it into hydrogen |
Well, they never tell the truth, she's another politician just feeling her way without specialism. |
Reeves should have wound back employees NI and not promised not to increase tax because tax is going up like it or not through higher prices |
Miles worse
At least Jeremy Hunt knew what he was doing |
Are you referring to reeves... what has she done now .. ? This is getting worse than the truss era. |
Bmel
They can all please themselves. Schulz delivered best in class . The market is there. The Cooley class blow artists are dropping out..There is a lot of fun to come |
Oh moon
Another short looming thanks to Rachel from accounts |
https://www.aol.co.uk/uk-sign-climate-change-co-000100639.htmlChatham House said a formal deal would enable 'bolder and more confident engagement' by the UK in China 'and vice versa'.Yeah and flood uk with cheap everything, including electrolysers and destroy any chance of itm getting off the ground. Most probably steal every bit of tech we have too. |
Fair to assume that Qube guys had not read the Dennis post before they increased their short again.
Helikon have got to buy back circa 18 m shares, in a market of very low volume trading.
I think the market will notice when they start and their considerable paper profits will get smaller right quick. Oh dear. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
