Occidental is fiddling around with CC:
Of course, it’s big oil, so Musk probably isn’t putting any money in that direction ![]()
Occidental is fiddling around with CC:
Of course, it’s big oil, so Musk probably isn’t putting any money in that direction ![]()
If you buy Shell from NY, you can get involved in this “Northern Lights” CC project. (Shell, Equinor and Total) @jaska1 already linked to this in October. So it’s not purely an American company, but I guess at least Exxon/BP are pretty deeply involved in this.
Quite an interesting piece of news. It seems to be directly about ACC, but that’s fine ![]()
Now that the price is dropping, this gives good opportunities to add to the company
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Collaborations and agreements have come, few operations and EU support are only a plus. In the cooperation news released in December with Haldor Topsoe, the Union’s contribution is stated as follows:
The European Union foresees investments of EUR11 billion for retrofitting half of the existing European hydrogen plants with carbon capture and storage before 2030.
The collaboration with Aker Carbon Capture is an exciting opportunity to support customers in lowering their emissions from hydrogen production. Haldor Topsoe is a world leader in technology to produce hydrogen, and we are determined to lead the transition towards significant reductions in carbon emissions in this field and others.
—Amy Hebert, Chief Commercial Officer of Haldor Topsoe
The opportunities are very great, when one considers other collaborations (Vattenfall, cement factories) - not to mention future deals… ![]()
Aker director buys again after selling.
Jon Christopher Knudsen, commercial director of Aker Carbon Capture, bought 10,000 shares in the company on Thursday. The purchase was made at a price of NOK 16.5 per. action. His current holding is 41,356 shares in the company, which amounts to more than NOK 680,000.
The total amount for the trade was 165,000 kroner.
On 15 December, Knudsen sold 66 per cent of his then holdings at a price per share. share of NOK 13.58, and then pulled in just under NOK 790,000.
Story about Norcem’s project
Aker Carbon Capture Signs MoU with Lyse and Forus Energi to Explore CCS Opportunities in Southwest Norway
Let’s also add this in relation to today’s MoU
Google Translate Translation:
Oslo (TDN Direkt): Berenberg initiates coverage of Aker Carbon Capture with a buy recommendation and a price target of NOK 23 per share.
This is according to analysis from the brokerage house on Tuesday.
“We believe that market dynamics are supportive and will contribute to a major expansion in carbon capture, utilization and storage (CCUS) in the medium to long term,” writes Berenberg.
According to the brokerage, Aker Carbon Capture has leading technology, and according to Berenberg is the only listed “pure-play” CCUS-focused company.
The brokerage house’s base case assumes that 75 percent of the International Energy Agency’s (IEA) long-term CCUS estimates will be achieved, a target that indicates that the sector can generate 10 billion euros in turnover by 2030. Berenberg further assumes that Aker Carbon Capture can capture 17 percent market share.
Lars Henrik Bjerke Lars.Henrik.Bjerke@tdndirekt.com Infront TDN Direkt
Additionally, if you are interested in following the earnings release:
Time and date: Friday 12 February 2021 at 09:00 CET
The presentation will be broadcast as a webcast on the following link:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20210212_6
Quite a lot of recruitments open
ACC tulos on aika odotetun mukainen, Brevik projektista ei ole vielä tuloja, ja EBITDA ennustetaan olevan negatiivinen teknologia panostusten ja organisaation rakentamisen takia.
Tuloslive alkaa 10,00.
Aker Carbon Capture’s fourth-quarter highlights included
Financial results and outlook
The company is currently investing to further improve its technology offering and build up the organization to execute contracts and meet expected future demand. In this period EBITDA is expected to remain negative.
Aker Carbon Capture aims to take a leading position in the global CCS industry, and the company last year launched a long-term goal of ‘10 by 25’, which states that the company will have secured firm contracts for carbon capture plants for a total of 10 million tonnes per year by the end of 2025.
Many apparently expected good numbers already, as the stock went down after the earnings release. I, for one, don’t expect the company to make a profit for a while, but on the other hand, the growth potential is huge, and there isn’t much competition. The ACC map had many dots in Finland showing potential sites.
Same here, yes, the biggest returns are still ahead. Brevik will probably start generating revenue this year. The potential is immense. Here are a few shots from the earnings release.
ACC operates in four segments.
Has anyone else noticed that many nascent green innovation companies from Norway, Sweden, and Denmark don’t consider Finland as part of their main market at all? I’ve encountered this multiple times, for instance, with hydrogen companies and the one mentioned above. Is Finland such a backwater, or is its economy in poor shape, or what’s the reason?
Others implement things and Finland justifies committees. Finland will get its own spot in interesting markets in about 10 years.
This hasn’t been put here yet, even though it’s been available for a long time. Has anyone read it more carefully and chewed over the content? I still have read so few of those English ones that I don’t get all the possible information. The year 2021 doesn’t look very good in light of the forecasts, so are we also expecting more of 2025 here?
Does anyone know what this debt marked for 2023 actually is:
However, ACC is currently very oversold, with RSI14 already below 30, so I’ve been trying to figure out the possible timing of a turnaround.