Velocys Share Discussion Threads

[mcmather] 09/4/2021 15:14

7 April 2021: “Biden tax plan replaces U.S. fossil fuel subsidies with clean energy incentives……The Treasury Department confirmed that the Biden plan includes a blender’s tax credit for sustainable aviation fuel…”

[deutsch4] 30/3/2021 09:08

Net Zero means different things to different people. Ask a small shareholder in VOG.No sharing out of grant monies. - Seminars, joint arrangements backscratching associates key appointments and high salaries.- Small scale accademincs they are not!

[mcmather] 30/3/2021 07:30

The main thing they need is policy change; as does the entire SAF industry. But without it Net Zero 2050 won't be happening.

[owenski] 30/3/2021 07:23

Pitching for yet more grants, without grants this will fold. It's not a real business.

[mcmather] 30/3/2021 07:10

"The Secretary of State notes that expanding the RTFO to include recycled carbon fuels would "transform the commercial viability" of waste-to-fuel technology and support pioneering projects in the UK looking to develop sustainable aviation fuel from household waste"

[fern5] 29/3/2021 14:31

What news is that then?

[prof_peaky] 29/3/2021 13:32

WTF r u mad or something! U not seen the news!!!

[fern5] 29/3/2021 10:31

And why might that happen?

[prof_peaky] 28/3/2021 23:31

10p by end of wk

[mcmather] 28/3/2021 16:06

26 March 2021 – “Field announces appointment of first Managing Director......We are a political and corporate communications consultancy that help clients change policy and perceptions......Key clients for the agency now range from property investment and development company Capital & Counties Properties to the likes of Alstom, Govia Thameslink and the Football Association. The company is also expanding into the energy sector, with clients including renewable jet fuel technologist Velocys”.

[mcmather] 28/3/2021 15:54

The CEO seems to agree with you in one regard but not the other:

Henrik Wareborn, CEO, said: “…Velocys is accelerating into commercial deployment of our technology now after a long period of research and development”.

[owenski] 28/3/2021 09:51

Living on grants and other people's money is their business model.

This isn't a real business. Other people stump up for the infrastructure assets - still to be even built - and they will own those assets and not VLS. This is unlikely to ever be a cash generating, returns to shareholders, vehicle.

[deutsch4] 27/3/2021 21:16

Another mouth to feed. When will have a head of sales and Marketing? - Small scale Gas to Liquids - They don't seem to have even a lawn mower working on the end product.
God fobid - where is the Marketing of the product. Daimler drove his first car 30miles over rough ground with spirit bought from a chemist. Come on guys there is small scale and ther is 'no scale' - wake up! - Living on grants all the time becomes a charity.

[owenski] 24/3/2021 17:39

Probably not in your life time, or maybe anyone's.

[deutsch4] 22/3/2021 11:07

Always seminars and talking - When are we going to see the product working and earning money?

[mcmather] 22/3/2021 09:28

Panmure Gordon “NEW ENERGY & CLEAN TECH SEMINAR” can be accessed here;

Andrew Morris presenting for Velocys. His piece starts around 46mins 30secs and the Q&A starts around 60 mins.

Some interesting bits in there – with CCS the projected 1000 annual Trans-Atlantic flights would become 2500, waste to be brought in via truck and rail (not 100% clear whether that related to both sites?) – and his comment that “we are looking forward to bring these projects to fruition in the UK”.

[mcmather] 18/3/2021 12:48

Re VLS’s recent Collaboration Agreement with Toyo (Japan), there is a RNS from ITM today – “the sale of a 1.4MW electrolyser to Sumitomo Corporation (Japan)”. A post on that thread from clive10 (cheers) a little earlier, has registered a little re “Sumitomo deal is great news. Japanese markets are exceedingly difficult to break into but once you are in you are in”. Has the potential of the Toyo collaboration been overlooked slightly by the market to date?

[marketboy] 17/3/2021 08:57

EU taking the plunge while JZC beats around the bush:

[mcmather] 16/3/2021 10:39

Might be coincidental to the above, but Velocys tweeted this one 11 Mar 2021; Grant Shapps featuring in the HMG release:

"Transport Secretary, Grant Shapps, has reiterated his support for sustainable aviation fuels (SAF) during an interview on BBC Radio 4, saying, “If you’re going to fly around domestically, you will need to use sustainable aviation fuels”.

[mcmather] 16/3/2021 10:34

16 Mar 2021

"Jet Zero launches £15 million competition to reduce aviation emissions......£15 million Green Fuels, Green Skies competition to turn materials such as everyday waste into sustainable aviation fuel......The Green Fuel, Green Skies competition, which is part of the Prime Minister’s Ten Point Plan, will support UK companies as they pioneer new technologies to convert household rubbish, waste wood and excess electricity into sustainable aviation fuel.....Companies will be able to bid for a share of £15 million to kickstart the development of first-of-a-kind production plants in the UK to produce these fuels at scale."





Edit: The objectives of the competition:

Technology demonstration: materially progress a project towards First-Of-A-Kind (FOAK) commercial production of an eligible SAF pathway.

Fuel production: materially develop a project with the capability to produce commercially significant volumes of SAF, including for the purposes of attaining certification.

Commercial potential: materially develop a strategy for commercialising the technology and the products from the project, demonstrating the potential for significant value to the UK.

Emissions reduction: demonstrate the potential for greenhouse gas reductions of a technology pathway vs a fossil fuel equivalent.

Project execution: bring together a team with the necessary expertise and experience to deliver the project according to its objectives.


Edit ii:

Responding to the formal launch today by the Government of a new competition backed by £15m of funding to support the development of sustainable aviation fuels, Andrew Morris, CFO of Velocys, said: “The launch of the ‘Green Fuels, Green Skies’ competition is another positive signal that the Government wants to invest in the sustainable aviation fuel (SAF) industry in the UK. As Velocys continues to develop plans for the UK’s most advanced SAF facility, we welcome this move to accelerate projects like ours and to build the British SAF industry as part of a green recovery.

“Building such an industry also requires policy changes, notably the introduction of a robust revenue support mechanism for SAF production facilities. In the year we host COP26, such action and support will show the UK as a world leader and demonstrate how serious we are about Jet Zero.”

[cyberbub] 15/3/2021 22:32

I have just logged in to literally post the same article!

Although they say there will be trials in 2 years, it will probably take many years to be turned into a commercial process (as Velocys have found). Still it seems to be a competitor? The ultimate question will be whether it's significantly cheaper than VLS's fuel.

[nick of the north] 15/3/2021 21:00

Doesn't mention VLS though. Aviation fuel from waste. hTTps://www.bbc.co.uk/news/science-environment-56408603

[ascov] 15/3/2021 13:45

It may be repetitive, but he's probably right.