C11 - thats quite an admission to say you look at rail magazine! Such a pity Network Rail are setting about cutting down a horrendous number of trees, in the face of a lot of opposition from people concerned about the environment... a bit of inconstistency on their part putting trying to make engines less hostile to the environment, and at the same time trying to cut lots and lots of trees along the lines down! AR
'The company plans to convert Class 321 electric multiple units to hydrogen operation by fitting on-board tanks for the gas, which when combined with oxygen can produce an electrical current to charge fuel cells for traction.'
Wonder if they have thought about using one of ITM Power's smaller PEMs on board trains that run on tracks that are only partly covered by overhead power lines. Currently they have to use diesel units if the train goes beyond the power line. A hybrid fuel cell / overhead unit could generate hydrogen whilst running on overhead lines and then use fuel cell / battery on the remainder of the route.
Yes I read this. Alstom the French train manufacturing company are planning to convert up to 100 diesel trains into hydrogen powered ones on Greater Anglia line. Possible national rollout. No mention of ITM participation.
I read in a different article that Alstom have collaborated with Canadian company Hydrogenics in the past. I guess they may need a large supply of hydrogen from somewhere if all this kicks off, so ITM may benefit indirectly. The project is also mentioned today in The Telegraph and City am. Good press.
LoadsaD - I saw on the BBC news (I think it was) some guy using human (solid) 'waste' (with a loo he had adapted, and which he put some 'composting like' meterial down with a shovel - and the comment 'It doesnt make sense to flush our 'waste' down the loo anymore'! I like the sound of that - there are more and more of us humans, and it makes a lot of sense to use the massive amounts of 'waste' we produce to convert into green energy!
Pity some of the 'waste' material regularly posted on theses BBs cant be recycled into somethng useful! Oh well - ITM making more progess I am glad to say!
This "magazine" covers developments in US trucking
technology. If stuff happens there not only is there an opportunity for ITM there but it will come here eventually.
I see some IMechE research on hydrogen for grid balancing is covered in the Guardian today... https://www.theguardian.com/environment/2018/may/09/use-excess-wind-and-solar-power-to-produce-hydrogen-report
LaodsaD - thats the way ro do it, BUT I got up late!!! Ah the early bird! I was looking to add a few more too but I guess that I will probably have another opportunity (I hope so anyway) - Sentiment is so important with a stock like ITM - Well done you! ATB AR
Hi LoasaD - Unfortunately I sold out of OXB too early!!! I was just being too catious - I traded for my son, and made £1000 f or him, bur nevermind, you cant win them all, well I cant anyway! I Hope all goes well - AR
Hi LoadsaD - I must admit I didnt, but I am just taking things easy at the mo - ITM doing OK as you say, but I would like a nice burst up to trade this , so I am just patiently sitting tight for the mo.... I must say markets are holding up reasonably well.... But I dont think there is too much confidence in them at the mo - Oh well! - ATB AR
UK Govt To Subsidise Hydrogen Cars
by Paul Homewood
Last month the Department of Transport announced it was paying £8.8 million into a project promoting hydrogen cars:
Police cars and taxis will be among nearly 200 new hydrogen powered vehicles switching to zero emission miles, thanks to a multi-million pound government boost.
The zero emission vehicles are part of a project that has won £8.8 million in funding from the Department for Transport to improve access to hydrogen refuelling stations up and down the country and increase the number of hydrogen cars on our roads from this summer.
The winning project is run by a consortium managed by Element Energy and including expertise from ITM Power, Shell, Toyota, Honda and Hyundai. It will capitalise on the reliable mileage of established fleets and see vehicles being procured by emergency services such as the Metropolitan Police, as well as Green Tomato Cars and Europcar to support the growth of refuelling infrastructure for hydrogen vehicles up and down the country.
Roads Minister, Jesse Norman said:
Decarbonising our roads is an essential part of meeting our climate targets. The innovative new technologies involved present great opportunities for our increasingly low carbon economy.
Hydrogen has huge potential, especially for those making longer journeys and clocking up high mileage. That is what makes this project truly exciting. Not only is it demonstrating the technology in action, but it is also developing the refuelling infrastructure needed for the future.
The project helps cement the UKs place as a world-leader in adopting hydrogen technology, using not only British expertise through ITM Power, but also securing further investment from multi-national companies such as Shell, Toyota, Honda, and Hyundai.
It also means that hydrogen cars will be able to travel further around Britain than ever before, with new refuelling stations being planned for Southwark, Isleworth, Birmingham and Derby paving the way for future expansion.
The £8.8 million grant will be matched by a further £13.1 million investment including support from the companies and other sources. The project will involve the procurement of new vehicles, construction of new stations and upgrades to existing stations.
Northern Gas Networks Deployment Study Findings
RNS Number : 8506L
ITM Power PLC
24 April 2018
24 April 2018
ITM Power plc
("ITM Power" or the "Company")
Northern Gas Networks Deployment Study Findings
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the outcome of the Large-Scale Power-to-Gas Energy Storage Deployment Study with Northern Gas Networks, the gas distributer for the North of England, Northern Cumbria and much of Yorkshire.
Read all about it on the ITM RNS.
Gold I see VRS is staying low at the moment, but both SYM, and PHE went up yesterday.
Hello everyone, Andy, and goldminer70. I see ITM is looking ok, I topped up the other day . Now we just wait.
You might like to have a look at PHE. It makes hydrogen from plastic, and old tyres. It has just got a contact for buses in a couple of European countries. Have a look at the PHE board at, Tus, at 08.18 . PHE RNS's. Very interesting IMO is PHE, should start to go up soon...
Poor old VRS is doing bad at the moment, but it should pick up some time, some time, some time..
Hello Andy I bought some ITM fist thing this morning at 3% up around 31.something, or other. The reason I bought is two things, One the number of recent RNS.s, and also it looks like it may be at Stan stage 1. So here we go, lets us see how it goes, just give it time, and it will go up..
SYM had another RNS out today, and it went up over 4%. Tomorrow who knows what will happen to it. Since I buy it in three days it has gone up, 11%, 7.8%, and 4.12%.
I bought ITM just over a year ago at 18p , and it soon went up to 50p. Then it fell back to 30p. I sold it all making a nice profit, now I wait, and watch till I buy again. I am waiting to see how it does now after last weeks RNS's
Have a look at SYM when you get time. Yesterday it had a nice RNS, and it when up nearly 8%, making the total for the last two days of around 19%. It may go down a bit today? I do not know. This is the RNS for yesterday.
Remarks Delivered at 2018 ECOSOC Partnership Forum at United Nations Headquarters
Bob Wigley, a Non-Executive Director of Symphony Environmental Technologies Plc (AIM: SYM), a global specialist in products and technologies that "make plastic smarter" addressing the 2018 Economic and Social Council (ECOSOC) Partnership Forum held at the United Nations HQ in New York on 4 April 2018 said that 11 countries, most recently Saudi Arabia have now adopted oxo-biodegradable plastic technology which will help solve the world's plastic pollution problems.
Have a look at the full RNS, and read it.
It looks to me as if goverments adopte the oxo-biodegradable plastic technology it should go up in time. I hold this one now.
Whlst we are waiting for ITM to take shape it may be time to mention SYM.
For Andy, goldminer70, or others that are reading. MomeyAm Shares mentions SYM.
9 days ago
SYMPHONY PLASTICS - Recycle your way to a triple bagger! (SYM)
From earlier this year. "The fund raise significantly strengthens Symphony's balance sheet and will allow us to maintain the quantum growth we have enjoyed over the past few months. We are now receiving significant interest from a variety of sectors in our degradable solution to the problems...
IMO This is one that will be ok in time it has gone up back a bit then up again last Friday14/03/18 09:45
Symphony Environmental Technologies PLC (SYM) Symphony Environmental profit up on higher demand for biodegradable plastic BFN
14/03/18 07:00 Symphony Environment (SYM) Preliminary Results.
It is turning Plastic into biodegradable plastic, and getting rid of the plastic problem.
Hello Andy you have summed up ITM in your last post.
I am watching the chart where ITM has the 50 now under the 200, and it may be holding its own with Stan 1 since mid March. I keep watching to see where it goes in the next few weeks, and I might buy some if it can stay in levelish in Stan 1, but if it goes down I just watch to see where it goes to. This is a future company, it just needs time, hydrogen is taking its time to develop.
LoadsaD - ITM is an inereting co. and its beginning to show that it can win contracts and earn some significant income - I know its still relatively early days, but so far ITM seems to have 'turned the corner', BUT markets are still looking rather volatile (the Trump effect!) so I will just hope that ITM can hold up IF markets take another turn for the worse care of Trumps posturing - Currently I am down a smidgen with my sons holding in ITM but I think that IF it takes another hit I may well get him to add a few more.... BUT I dont want to get ahead of myself or rely too much on belief in ITM's story!
Hello Andy I see that ITM has crossed the 50 day is now below the 200 day on the chart. For now I shall watch and wait for it to recover before I buy. This is a company will do ok in the end, but it needs to have the chart improve yet. It is a future company. So I watch, and wait.
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