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Aberdeen University is working on a project where hydrogen could be “banked” in depleted oil and gas reservoirs in the UK North Sea. Dr Prashant Jadhawar from Aberdeen University’s School of Engineering is leading the hydrogen storage project, who said it could be a “game-changer” in helping Scotland meet its target of 5GW of green and low-carbon hydrogen production by 2030. “This target relies on there being sufficient hydrogen storage capacity which only subsurface geological formations such as depleted hydrocarbon reservoirs or aquifers can deliver on such a large TeraWatt (TWh) scale,” he explained. “By offering the safe and effective storage of bulk quantities of hydrogen and CO2, our project offers a unique opportunity to help Scotland meet its hydrogen production targets as well as offering the potential for Scotland to become a net exporter of hydrogen.
RESEARCHERS have announced that plans to create “green” hydrogen on offshore oil and gas platforms in the North Sea have reached a major milestone. RESEARCHERS have announced that plans to create “green” hydrogen on offshore oil and gas platforms in the North Sea have reached a major milestone. A study conducted by the Net Zero Technology Centre (NZTC) and Aberdeen’s Apollo has successfully addressed early doubts, leading to a “clear understanding” of the benefits of replacing the topsides of North Sea platforms with equipment like electrolysers powered by renewable energy sources Crucially, Apollo discovered “potential for significant cost reductions,” despite the challenges of re-engineering jackets and platform legs. The Hydrogen Offshore Production Project (HOP2), which received £2.12 million from the Scottish Government’s Just Transition Fund, was spearheaded by Apollo engineers as the company aims to increase hydrogen production. This study looked into UK offshore assets, developed equipment lists, and explored layout options, marking a major step forward in reducing the country’s emissions, according to Apollo’s decarbonisation director, Phil Westmorland.
We finally found something upon which we can agree.
I have been banging on about that and the potential for profit by exploiting it since I first found this forum.
Skwizz - The markets can be very unpredictable at times.
Because of dense posts trying to drag the unwary into their own misery.
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Trish63
Posted in: UKOG
Price: 0.033
1p Tomorrow1 Oct 2023 19:31
Just you watch and see!
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*must've
*must have
:'D
Ho you’ve turned up here now.
I see the anti oil brigade are out today.
Insidious, I don't think the problem is the so called brigade here, I think HH is actually anti oil,,,, I mean gezzzz the tanker is almost consuming as much as it produces to take it out of HH.... AND the water cut !!! well it won't be long before it is surpassing 70% Water cut then Donkey Hill will be no more !!!
Balancedviewer,
'“She was very supportive of our hydrogen storage project at Portland in Dorset,” said CEO Sanderson.'
........a few kind words of encouragement from a minister who's about to lose the job doesn't necessarily translate to any meaningful support for a project, though not sure what this sentence even means:- 'I would suggest which ever Government backs Green projects will charge a levy to repay the Tax payer.'
Charge a levy -the government is more likely to be subsidising storage (the governments refusal to do so sunk the original proposal) or raising prices to fund it - there won't be any money coming back to taxpayers.
Insidious, I am not anti-oil. If you check my profile, you'll see that I have holdings and am very supportive of both ANGS and SYN.
What I am... I am anti-SS. He does not merit being a CEO and should have been ousted from UKOG a few years back. Look at all that money that has been wasted...
Would you support a CEO that spent all that money and gave nothing back in return?
Would you support a CEO that refuses to do investor Q&A calls, refuses to do shareholder calls and refuses to do interviews?
Come on be honest! It's not a case of anti-oil, it's a case of trust and seeing people getting taken for fools. If you are happy to promote UKOG with the CEO that is in place, then you are clearly dining in the same buffet as them. I do wonder why you support SS? You have to get past the "UK Brexit, UKOG British Oil mindset" and understand what SS is doing!!!
Yes nice to see the price rise after the UT.
GLA SR
Nice closing price
I see the anti oil brigade are out today.. They must of run out of orange paint hence why they are here…lol
And the rampers are pushing it hot as possible to help RF/YA get those shares sold to keep the SS trough topped up for another month.
You cannot make it up. The salt cavern is worthless. UKOG will not get the funding to do anything with it and there have no pipeline to the facility. Do you think the pipeline would be peanuts???? LOL.
If this were a BP or a Shell BB, then it has merit, but it's not, it's UKOG. A company that are going bust in a few months. They would need 10+ years to get the salt cavern prospect anywhere near a revenue generating entity.
Come on people, wake up!!!!
LOL Penguins, When any Government gives a positive view on a future Green resource is very good news imo. I would suggest which ever Government backs Green projects will charge a levy to repay the Tax payer. Surely you don't think Ukog are going it alone do you.
Balanced viewer,
perhaps you could identify any supposed good news that has eventually happened?
The best so far is HH-1 which was going to produce 362bopd, with no mention of decline. It never averaged that amount and rapidly declined to averaging less than 100bopd.
Broadford Bridge - transformational, national importance - testing was dire, didn't get round to applying to redrill/retest, now planning for retention refused.
HH-2z - supposed to produce 720 to 1080bopd. It never did, overwhelmed by water production and is currently suspended waiting fo UKOG to be brave and convert it to an injector
Basur-3 - transformational target was missed as structure non existant
Pinarova - all sorts of claims, P&A'd after long delay.
All of these were supposed 'good news' when they were announced - only to disappoint or completely fail.
To criticise anyone that has previously been negative about supposed 'good news' suggests that it's you that's the troll.
Alan, I think I need to explain my 4x . At peak demand on cold days the energy transmitted by the gas network is four times the energy transmitted by the electricty network. The source of that information is ntional grid and it is from about 3 years ago but unlikely to have changed. People and in particular politicians just don't understand we cannot replace the energy from gas with energy from electricty , even with a bit of hydrogen thrown in. It will not happen by 2030 for sure.
It seems to me that the same alias Chucle Brother Trolls are out in force when any positive news is announced,what saddos!
Not quiet the latest prices, but GAS still wins out above all other heating options.
Efficiency is what they are selling heat source pumps on, but as ZXY notes, because the electric KW cost is 4X gas then it still loses out on cost. Gas wins every time until they can bring the retail price of electric significantly less than today.
Heating method Efficiency (%) Annual energy use (kWh) Cost (p/kWh) Annual bill
Gas boiler 95 11,500 6.04 £694
Heat pump 300 3,833 24.50 £939
Oil boiler 92 11,875 11.14 £1,337
Electric boiler 100 10,925 24.50 £2,676
Rubbish.
Gas is much cheaper than electricity
From my last bill;
Gas - 5.69p/kWh
Electricity - 15.73p/kWh
I would much rather use electricity compared to gas for heating. Far cheaper than gas so I don't know why there are what you say 4 times the user in gas to electric
I hope the journalist had a nice lunch as he swallowed wholesale SS's BS.
How's the hydrogen going to get to Dorset? Where is going to be used after it's been stored? Where is the financial backing for the scheme? None of these questions are addressed by the article.
Makes me chuckle when people talk about storing hydrogen. Where will it come from ? There will occasionally be some surplus electricty from renewables that could be turned into hydrogen but that will be used up in a few fish and chip shops locally. Given the gas demand these days is 4X in energy terms the electricty demand during cold weather there will be a huge energy deficit even if ALL electricty production was converted to hydrogen. We are living in fantasy land and clearly physics was an option not taken up by many in government!
For some reason the Horse Hill Development Ltd accounts have been delayed to September 2024:
https://find-and-update.company-information.service.gov.uk/company/08808553
UKOG must have asked for an extension as the accounts should of been filed by June 30th like the other subsidiaries.