ITM Power Plc (ITMPF)

[Gerry321]

TT Re your post 202
It does seems a bit odd that Air Products would agree to their hydrogen filling station being shown in the same news item as an ITM Green Box
Particularly since its painfully obvious that the Green Box would be a more cost effective way of filling a hydrogen fuel cell vehicle than using cylinders
At the very least one might have expected Air Liquids to insist on mentioning at least one advantage their product has over the Green Box
But they didn`t
However it would not be odd at all if ITM and Air Products were considering building a commercial relationship
As suppliers of cylinder hydrogen to various industries Air Products cannot stand by a while the cost of on site hydrogen generation plummets
In August 2008 they acquired a US co Harvest Energy Technology who reform hydrogen from natural gas and claim they can achieve the quality needed for fuel cells in road transport
However ITM are not only able to offer a flexible onsite hydrogen source from renewable power they can also offer both hydrogen and oxygen at the purities needed to run vehicle fuel cells Many people are unaware that around 15% of the cost of nafion fuel cells goes towards extra bop simply to tackle inadequate purity in hydrogen made from natural gas
So
It would be reasonable to assume that Air Products would be interested in some sort of collaboration agreement with ITM to trial their electrolyzers