Share Name Share Symbol Market Type Share ISIN Share Description
Itm Power Plc LSE:ITM London Ordinary Share GB00B0130H42 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  -8.00 -6.9% 108.00 3,501,936 12:31:18
Bid Price Offer Price High Price Low Price Open Price
106.50 108.00 114.50 104.00 112.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 4.59 -9.32 -2.90 510
Last Trade Time Trade Type Trade Size Trade Price Currency
12:31:18 AT 1,000 108.00 GBX

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Trade Time Trade Price Trade Size Trade Value Trade Type
12:31:18108.001,0001,080.00AT
12:30:53107.70921991.89O
12:28:37107.502,5912,785.33AT
12:28:37107.502,8043,014.30AT
12:27:51107.50227244.03AT
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DateSubject
27/2/2020
08:20
Itm Power Daily Update: Itm Power Plc is listed in the Alternative Energy sector of the London Stock Exchange with ticker ITM. The last closing price for Itm Power was 116p.
Itm Power Plc has a 4 week average price of 101.50p and a 12 week average price of 57.60p.
The 1 year high share price is 170p while the 1 year low share price is currently 19.30p.
There are currently 472,667,923 shares in issue and the average daily traded volume is 5,840,326 shares. The market capitalisation of Itm Power Plc is £508,118,017.23.
09/2/2020
09:37
sulomo: A small clean energy company based in Yorkshire could be a big beneficiary of government plans to cut carbon emissions quickly. Last week Boris Johnson vowed to ban sales of petrol, diesel and even hybrid new cars by the end of 2035, five years earlier than expected. This underlined the UK’s official aim of achieving net zero greenhouse gas emissions by 2050. But cutting down on the number of cars powered by fossil fuels will do nothing to reduce the emissions caused by heating homes and commercial premises, which together account for about a third of all the carbon dioxide released by this country. That’s where a rapidly-growing company listed on AIM, the junior market, could help. Last month, ITM Power set up what it claims is the world’s biggest carbon-free renewable hydrogen production facility. Hydrogen burns without releasing any carbon dioxide at all, but producing the gas can result in emissions. However, ITM creates “green hydrogen” by passing electricity, produced by solar or wind power, through tap water to split out its constituent molecules of hydrogen and oxygen via a special membrane. If that sounds like science fiction, then consider the fact that ITM is already supplying green hydrogen this way to Britain’s biggest natural gas distributor, Cadent, and a regional supplier, Northern Gas Networks, in a trial backed by the UK energy regulator Ofgem. They describe this joint venture — called HyDeploy — as the “first live pilot project” to inject zero-carbon hydrogen into a gas network to heat British homes and businesses. At present, they are blending up to 20% green hydrogen with the normal gas supply. The government committee on climate change has said hydrogen will have to be used more widely in our energy system if Britain is to hit its net zero target. ITM chief executive Graham Cooley told me: “If a 20% hydrogen blend was rolled out countrywide it could save around 14m tons of carbon dioxide emissions every year — the equivalent of taking more than three million cars off the road.” The kit ITM Power uses to extract hydrogen from tap water The kit ITM Power uses to extract hydrogen from tap water Now would be a good point to declare this small investor’s personal interest. More than a decade ago, Peter Hargreaves told me how enthusiastic he was about this Sheffield-based company. I didn’t understand the science then and wouldn’t claim to do so now. But I have always said that the most valuable perk of being a financial journalist is frequent contact with some of the brightest and best-informed people in Britain. So the personal recommendation of the billionaire co-founder of this country’s biggest investment platform, Hargreaves Lansdown, was good enough for me. I bought some shares at 41p each in January 2010. It would be fair to say I had my reservations. Even I know that mixing electricity and water is not usually a good idea. I had similarly unscientific fears about how horrific the consequences can be when hydrogen goes wrong, as demonstrated by the Hindenburg disaster. Lurid snaps of the airship exploding 83 years ago may explain why hydrogen cars remain less popular than electric ones. Despite all that, ITM’s share price rose rapidly at first, before falling back. So I sold them for 56p each in March 2011. The shares made no sustained progress for the next eight years until last October, when the international industrial gas and engineering group, Linde, invested £38m in ITM to build more electrolyser machines. That lifted the share price by 9% on the day of the deal to 47p. But it was last month’s announcement of the joint venture with Cadent and Northern Gas Networks that propelled ITM’s price to £1.24, at which point I invested nearly 2% of my “forever”; fund. Since then, it has proved almost as volatile as the gas this firm produces. Last Monday, at 16% down, I began this article with a “silly me” theme about what looked to be the latest Cowie’s Clanger — an illustration of the danger of moonshot investments. Then the prime minister’s announcement on Tuesday lifted the share price by 8% to £1.17. So I am still marginally down, but I did not invest on a two-week view after taking an intermittent interest in ITM for the last 10 years. I remain convinced that the search for clean energy is one of the biggest ventures of our age, and I am keen to participate, if only in a small way, over the long term. Cadent’s chief strategy officer, Ed Syson, put it vividly: “It is impossible to overstate the importance of the first ever practical demonstration of hydrogen in a gas network in this country. “This trial could pave the way for a wider roll-out of hydrogen blending, enabling consumers to cut carbon emissions without changing anything they do.” One of the advantages of hydrogen blending is there is no need to change any existing pipework or domestic appliances. No wonder Northern Gas Networks chief executive Mark Horsley said: “Hydrogen is a key piece of the decarbonisation jigsaw, and a huge leap forward in meeting climate-change targets. “Customers are ready to embrace cleaner solutions in their homes and start making a difference to emissions today.” Coming down from the clouds, it remains to be seen whether ITM can succeed. However, it could help Britain create our own clean energy — and turn politicians’ talk of the Northern Powerhouse into something more than hot air.
20/1/2020
08:44
zero the hero: Very surprised to see ITM as the 6th most followed thread on ADVFN, could this be what has pumped up the ITM share price? Https://uk.advfn.com/stock-market/london/schroder-uk-public-private-SUPP/share-news/ADVFN-Reveals-Private-Investors-Top-UK-listed-Sha/81522188
29/11/2018
11:57
juju44: Media being inundated with hydrogen project news. The potential is enormous and ITM share price should be over £1 . The right management could get it there pronto
06/8/2018
13:36
juju44: Thats why ITM share price is going ballistic
04/6/2018
12:29
taxlosstone: Thanks for that rovi70. What a great commitment to the technology from a major car manufacturer. Am now very excited as I am about to look up the ITM share price to see the response!
06/4/2018
18:16
bunlop: Copied from the Shell thread. Post by Grupo www.proactiveinvestors.co.uk/companies/news/194262/hydrogen-refuelling-boost-driving-itm-power-plc-forward-194262.html meNewsArticlesLON:ITM INVESTMENT OVERVIEW Hydrogen refuelling boost driving ITM Power PLC forward 07:00 05 Apr 2018 As the move towards alternative fuels for vehicles gathers pace, news last month of the opening of the first 'under the canopy' hydrogen refuelling station at Beaconsfield Services on the M40 deserved a bit of a fanfare Hydrogen refuelling INVESTMENT OVERVIEW: ITM The Big Picture The Beaconsfield launch came a day after a consortium of companies, including ITM Power, won £8.8mln in funding from the Department for Transport As the move towards alternative fuels for vehicles gathers pace, news last month of the opening of the first 'under the canopy' hydrogen refuelling station at Beaconsfield Services on the M40 deserved a bit of a fanfare. The new hydrogen refuelling station, situated at one of the busiest service stations in the UK, will be fully owned and operated by ITM Power plc (LON:ITM) and has been developed in partnership with FTSE 100-listed oil giant Royal Dutch Shell PLC (LON:RDSA). READ: ITM Power and Shell open first 'under the canopy' hydrogen refuelling station at Beaconsfield Services Shell Beaconsfield will be the first site in the UK to bring hydrogen under the same canopy as petrol and diesel, providing drivers with a range of fuel choices to co-exist with traditional transport fuels, ITM Power said in its launch statement. Hydrogen is generated on-site using an electrolyser that requires only water and electricity to generate the gas, which can help reduce emissions and address air pollution while offering convenience for motorists, the AIM-listed firm said. Graham Cooley, CEO of ITM Power, said: “This shows a big step forward in offering Shell customers a clean, green fuel, which is generated on-site, eliminating fuel deliveries.” The Beaconsfield launch came a day after a consortium of companies, including ITM Power, won £8.8mln in funding from the Department for Transport for refuelling infrastructure. READ: ITM Power receives £4.3mln in government funding to extend network of hydrogen refuelling stations ITM will receive £4.3mln of the funding to build four new hydrogen refuelling stations and to upgrade five existing hydrogen refuelling stations to increase capacity to support a larger fleet of fuel cell electric vehicles. Cooley said the consortium partnership with Shell, Toyota, Honda, and Hyundai “constitutes a highly coordinated roll-out of hydrogen vehicles and refuelling infrastructure.̶1;. Electricity to hydrogen conversion technology has the potential to revolutionise renewable energies, and that's what ITM Power specialises in, meaning cleaner air for all. The company’s Power-to-Gas business provides PEM (proton exchange membrane) storage systems that allow customers to convert excess electrical energy into hydrogen for injection into the gas grid or storage for vehicles. Its clean fuels solutions come in the form of modular hydrogen stations to recharge fuel cell vehicles. Hydrogen-powered cars are far better for the environment in terms of emissions than those running on petrol, as when you burn hydrogen it produces steam, meaning only water is the by-product. Strong contract pipeline As well as announcing the UK government grant on March 26, ITM Power issued an operations update in which it said it had £33.3mln of projects under contract, up from £27mln on January 29, and a further £5.5mln in the final stages of negotiation. Since January 29, the company said it has finalised contracts totalling £6.3mln and increased the total backlog of new projects by £1.5mln. ITM’s first-half results, released at the end of January, saw its revenue jump to £1.74mln, up from £405,000 a year earlier, while total income rose by 47% to £4.4mlm including grants. Aside from the UK hydrogen refuelling boost, ITM Power also recently received a grant from the British Columbia Government Ministries of Energy, Mines and Petroleum Resources and Jobs, Trade and Technology to undertake a feasibility study into renewable hydrogen production for the Canadian province. ITM is to undertake a techno-economic feasibility study for the large-scale centralised production of renewable hydrogen in British Columbia. READ: ITM Power receives Canadian grant to test feasibility of large scale hydrogen fuel production The project is due to commence in the second quarter of 2018 and will have a duration of 12 months. The group said while the initial contract value of the study is ‘relatively small’, the project had potential to be one of the largest of its kind globally. As 92% of power generated in BC is from hydro, the company said the province is a strong candidate for production of renewable hydrogen generated via electrolysis. More electrolyser sales, and hydrogen bus launch Aside from Canada, ITM also inked a contract last year to supply an electrolyser - which converts hydrogen into electricity - for a 10Mw plant to be built by Shell to build at its Rhineland refinery in Germany. The group also sold a small hydrogen electrolyser to EnergyStock, a subsidiary of Gasunie, the Dutch gas transmission network operator; installed the world's first tidal-powered hydrogen generated at European Marine Energy Centre (EMEC) in Orkney; while the first hydrogen-powered bus route started operations in France last September. ITM has also made significant progress towards establishing a new factory site in the UK, with the layout finalised, tenders received and short-listed from candidate principal contractors, and detailed plans have been submitted to the landlord for approval. Back in October, ITM raised £29.4mln through a placing and open offer at 40p per share to provide working capital to support delivery of its contract backlog and its opportunity pipeline. READ: ITM Power looking to raise around £29.4mln via a placing and open offer to provide working capital ITM’s share price has drifted back from that placing price, trading around 31.5p currently after a choppy six months, although on a one-year view the stock is still up almost 75%. If the second-half of its current year is as busy as the last one then ITM Power will have plenty more to tell investors and that could spark a further ignition for the share price.
13/3/2018
13:50
club sandwich: looks like VRS's China contract will be arriving some time in the next two weeks. Last chance to get out of this dog and into a company that has dynamic mgmt and is going places, fast. Ignore me if you want - and let's compare VRS and ITM share prices at year-end...
22/9/2017
09:21
andinvestor1: ITM share price seems to holding well at 54 or 55 pence. Good to see this and lets see what news comes in the next week or two. Glad I dont hold IEH.
20/8/2017
17:51
bunlop: What happens to ITM share price if they get just one of the bigger units sold ?. Perhaps £50m added to the order book in one go. I think that for at least the first very big order they would only announce it when the order was actually signed.
02/8/2017
13:51
juju44: Wish all this enthusiasm would translate into ITM share price
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