ITM Power Plc (ITMPF)

[TimTom2]

A few thoughts:

Yacht market is large for power and water. Should see some of the power house yachts I've just seen - money no object. Kudos a big selling point, to be the first to have the latest "gadget". Smaller yachts too as they spend days unused and H2 via solar/small turbine could remove the need for propane for cooking. The duty-cycle of use on some smaller yachts is very attractive to using H2 via renewables as storage.

The wealthy "island dwellers" are geting heavily into Renewables. I've just seen more solar water heaters, solar panels and turbines than I can believe (whilst on vacation). What is apparent is that system integration partners are critical. These build outs have to be defined at architectural level to be done properly. In future this may be different and as easy as replacing a combi boiler, but not yet.

The Electrolyser/FC married to each other for the domestic market - again really neat and a water saver if also married to a simple condenser to recycle the water.

On the island point - big power drag is the air conditioning !!