Saint_Michael
29 Jun 2018
BP to acqire Chargemaster Bowman, I googled BP and Chargemaster to find the BBC page and copied the address into my discussion reply. Thanks for your interest
Bowman
29 Jun 2018
BP to acqire Chargemaster Shell buys NewMotion The Reuters report at the time of the Shell purchase stated that BP was also looking to do similar deals. So now they have. @Saint_Michael, as an aside, I am being a little bit thick! How did you add the section in your post enclosed in the grey framed rectangle? I have tried all my usual methods but never seem to get what you are showing. I find it better than my current methods. Thank you in advance for you help.
Saint_Michael
29 Jun 2018
BP to acqire Chargemaster The reason that I started this thread is that it is a strong indicator of BP’s belief in the future of EVs. Here is a BBC report on the purchase of Chargemaster by BP. BBC News BP buys UK's largest car charging firm The oil giant follows rival Shell and hedges its bets by buying UK car charging network Chargemaster. The analysis mentions “The move echoes one made last year by rival Shell, which bought car charging company NewMotion.â€
Saint_Michael
28 Jun 2018
BP to acqire Chargemaster BP to acquire Chargemaster in landmark moment for electric vehicles All our customers are incredibly important to us, so we are incredibly excited to share the news with you that BP, one of the world’s largest energy companies has entered into an agreement to purchase Chargemaster. The acquisition will form part of BP’s advanced mobility strategy and transition to a lower carbon future. The coming together of the UK’s leading forecourt convenience retailer and its leading electric vehicle charging company complements BP’s strategy to deliver a market-leading fuel and convenience offer, and Chargemaster’s commitment to continue to rollout electric vehicle infrastructure at pace. The creation of BP Chargemaster is great news for electric vehicle drivers, as it will deliver significant investment in the further deployment of EV infrastructure across the country, with a focus on ultra-fast rapid chargers. BP’s 1,200 retail locations represent a fantastic opportunity to expand Chargemaster’s existing network of more than 6,500 charging points in the UK. BP Chargemaster will continue to operate and rapidly grow the UK’s largest public charging network, POLAR, as well as providing charging solutions for homes, workplaces and other locations. BP is committed to be the fuel provider of choice – no matter what cars its customers drive – and we are looking forward to working in partnership to develop exciting new and innovative solutions for electric vehicle drivers. Customers do not need to take any action and this announcement will not have any impact on POLAR subscriptions. We believe the acquisition of Chargemaster by BP marks a true milestone in the move towards low carbon motoring in the UK. We are truly excited to enter into a new era backed by the strength and scale of BP, which will help us maintain our market-leading position and grow the national POLAR charging network to support the large range of exciting new electric vehicles that are coming to market in the next couple of years. As a global energy business, BP has significant renewable energy interests, with a net generating capacity of 1.4GW of wind power in the US, as well as managing around 2GW of solar capacity through Lightsource BP, Europe’s largest solar development company. BP estimates that solar could generate 10% of total global power by 2040. We believe that this new development is excellent news for the EV industry and for all our customers. It will enable us to continue the rapid growth of our charging network and enhance the overall service we provide for customers. If you have any specific questions, please do not hesitate to contact us at [email protected] David Martell Chief Executive, Chargemaster
Saint_Michael
26 Jun 2018
Where are we going? Frog, I think that you are correct. As an investor I am very happy with a yield of about 5% and at the same time the trend is that the share price will probably increase as oil becomes more expensive to find and develop so my holding will probably rise in value. Political pressures to reduce the POO? Politicians should keep their hands off the market place except to police cartels. . New developments - battery cars and H2? The first is heavily subsidised at present so if the market for them takes off then these inducements will be reduced. H2 is not to be taken seriously at present in my view.
frog_in_a_tree
25 Jun 2018
Where are we going? We havee had a good run with our oilers so far this year as the POO has risen. There have recently been some political pressures to restrain the POO and this seems to be having some impact. Ultimately the price will be determined by supply and demand and in the short term this will be influenced more by growth or contraction in the world economy and negligably by developments such as electric vehicles and the pressures to reduce the use of plastics. My guess is that we will see a slow resumption in the increase in oil share prices, but what do I know. At current levels I am satisfied that there is low risk and decent returns on investment. Clearly the fall in POO over the last few years has focussed oilers on becoming more efficient and has encouraged them in pruning less profitable parts of their estates. Any other views on prospects? Cheers, Frog in a tree
frog_in_a_tree
22 Jun 2018
O/T - LK Hyman - Alive and Well Likewise, I send best wishes to LKH. I think he will be able to reregister here if he wants to. Frog in a tree
Bowman
21 Jun 2018
Hydrogen and Shell Apologies if the map is slightly misleading, I did not check it fully, however, it does show progress and potential. I totally agree with the rest of your comments, which are similar to my original post. It is a bit of a chicken and egg scenario. Higher usage of H2 vehicle will depend on the refilling infrastructure and the infrastructure will depend on the demand, and as you say the pricing (p/km) will affect the former. Currently I certainly would not buy a H2 vehicle, but I believe it does have potential. Battery powered vehicles are likely to be affected in future by the raw material costs associated with the batteries, since the rare-earth materials needed are not that abundant. Battery technology is improving, but their life and cost could be a limiting factor in the spread of battery powered vehicles.
Saint_Michael
21 Jun 2018
Hydrogen and Shell Bowman, thanks for the map update., but the map is very misleading. At first glance it shows about 20 flags for H2 stations in the UK. The flags are coloured green - in operation, yellow planned and grey - old projects. You can click on a flag to get details, most of which are disappointing. Example 1, Coventry Green flag, updated in Feb, has public access, comments…the station will be used as part of the Government’s Technology Strategy Board and Advantage West Midlands funded CABLED project: Coventry and Birmingham Low Emission Vehicle Demonstrators- which includes 110 low carbon vehicles operating between the locations Birmingham, Loughborough (Midlands Hydrogen Ring). The station will be used within the EU funded SWARM project. I am really not sure if that means that you can fill up at Coventry, it sounds unlikely. Example 2. University of Birmingham, Green - Department of Chemical Engineering.Public access by prior arrangement, gives a tel. number. Example 3. H2ME 2 station Birmingham Fuel LH2, Passenger car - CGH2 350. Passenger car - CGH2 700, Bus - CGH2 350, CGH2 (other), so it looks to me that you can fill up here Example 4 H2ME 2 Swindon. updated last week, status planned - yellow flag. Forget stopping at Swindon Example 5. Honda Manufacturing Station updated Feb. 07.02.2018 update Public access : yes 24h/7days ; payment by RFID tag (for BOC contract customers) or the visit must be prearranged with [email protected], upgrade with chip & pin bank / credit cards planned for February 2016 . So I could fill up there , also at Example 6: Hatton Cross Station on M4 outer London. Status in operation, last updated Oct 2017. Public access 24h/7days, no appointments are necessary once the required training has been completed???. These example were taken at random. I accept a few H2 filling stations are operational but I really cannot take H2 as a serious contender for private cars unless a proper network is set up and Hydrogen can be supplied at a price that competes with petrol/diesel. If anybody is persuaded, Fleets, buses, taxis and other vehicles will be the first serious H2 vehicles and only then if the numbers add up.
Bowman
20 Jun 2018
Hydrogen and Shell There are a few more as shown below. H2 Filling Stations UK.png1122x793 563 KB More information can be found on Netinform - H2 Stations I remember similar discussions about electric charging capabilities in the early days. Companies like Shell, who have existing Filling Stations can add this capability significantly cheaper and much easier than anybody wanting to set up a new standalone H2 filling Station. Yes, it will take years, but it is a gradual shift to new technologies. The more cars that are available will provide an incentive to add to the infrastructure, and then the better the infrastructure the more people are likely to buy the vehicles.
Saint_Michael
20 Jun 2018
Hydrogen and Shell Towards the end of the article it says:- In theory, anyway. Hydrogen is in its infancy in the UK, and the small number of refuelling stations means that regular use of a fuel cell car is mainly viable in specific areas. More hydrogen pumps will have opened by the time the car is officially launched in 2019, but the technology will still be at the “early adopter†stage until coverage broadens. As with battery-electric mobility, fuel cell vehicle design is currently outpacing the charging infrastructure. And that is the killer. Hands up all those who would buy a Nexo at present knowing that there are only (I believe) 3 filling stations in the UK and all in the London Area. I believe that there may be a place for Fuel Cell vehicles in urban areas where air pollution is a problem and a fleet of vehicles (buses, taxis, delivery vans etc) can return to base at the end of the day to refuel. But the cost of building a hydrogen infrastructure like the filling stations we take for granted would take years and cost squillions. Who will take that gamble?
loadsadough
20 Jun 2018
Hydrogen and Shell PHE worth a look. IMO. PowerHouse Energy launches waste-plastic power pilot generator PowerHouse Energy Group, which develops clean energy from waste plastic and end-of-life tyres, said its demonstration generation plant had started powering an Energy Centre at the University of Chester for for the first time. The pilot plant had started powering a micro-grid at the university’s… 07
0 19/06/2018 PowerHouse connects to microgrid PowerHouse Energy Group, plc (“PowerHouseâ€, “PHEâ€or “the Companyâ€) PowerHouse connects to microgrid PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering clean energy production from waste plastic and end-of-life tyres, together with the University of Chester,… 070 11/06/2018 PowerHouse CEO on The Future of Plastic RNS Number : 8700Q Powerhouse Energy Group PLC 11 June 2018  PowerHouse Energy Group, plc (“PowerHouseâ€, "PHE"or “the Companyâ€) PowerHouse CEO on The Future of Plastic Keith Allaun, the Chief Executive Officer of PowerHouse Energy Group plc… Loadsadough
loadsadough
20 Jun 2018
Hydrogen and Shell The Telegraph Hyundai Nexo review – driving the next-generation hydrogen fuel cell SUV in... The Nexo’s unexpected early arrival in the UK followed by its equally unexpected presence at an event in Knightsbridge gave the Daily Telegraph a brief opportunity to test it on British roads for the very first time. New hydrogen car in the UK. Looks ok to me, well worth a read. Loadsadough
sharegardener
19 Jun 2018
O/T - LK Hyman - Alive and Well LKH was also commenting one day last week on Unilever via FT Alphaville’s ‘Markets Live’ - the daily 11am markets commentary thingy with Bryce Elder & co. Good to see he’s still around! SG
shareordie
19 Jun 2018
O/T - LK Hyman - Alive and Well At least he’s OK, which is nice to know, I do miss his chat and sharp witted answers. He always picked some great companies to buy or follow.
