cheers frostie...... not a good look for Li batteries hey.....a...

cheers frostie...... not a good look for Li batteries hey.....

a few years ago I wrote that I expected hydrogen generation to become the biggest threat to battery storage generally.

I wrote because of the potential for hydrogen to be used as either a fuel or as energy storage, it would become the big player in the market.

as its turning out hydrogen looks like it will be more expensive in the initial purchase and with ongoing running cost as a fuel for the cells. this would make hydrogen a market in its own right as the chief mover of downward pressure on fossil fuels.

hydrogen will be more socially acceptable as its more like pumping petrol into your tank and businesses can make a regular revenue stream from sale of hydrogen.

I estimated that RFX would have around 5-10 years before the impact on battery storage..... its looking like I under-estimated the move to hydrogen.

consequently I've reduced my holding and I'm looking at getting out sooner rather than later.

GLTAH.