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Last 28.38 GBp
Change Today +0.50 / 1.79%
Volume 16.9K
As of 11:35 AM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

itm power plc (ITM) Snapshot

28.38 GBp
Previous Close
27.88 GBp
Day High
28.38 GBp
Day Low
28.38 GBp
52 Week High
01/13/15 - 36.00 GBp
52 Week Low
10/16/14 - 18.00 GBp
Market Cap
Average Volume 10 Days
-0.03 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for ITM POWER PLC (ITM)

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itm power plc (ITM) Details

ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage and clean fuel production in the United Kingdom. The company develops equipment to absorb excess renewable energy to generate hydrogen gas to decarbonize gas networks; generate hydrogen fuel from renewable energy and water; and reduce dependence on fossil fuels by decarbonizing the production of the polluting chemicals. It offers HGas for power-to-gas applications; HFuel, a self-contained module for refueling hydrogen-powered road vehicles and forklift trucks; and HPac, a proton-exchange membrane electrolyser. The company is also involved in the research and development of scientific and engineering projects; development and manufacture of prototype products; and sale of electrolysis equipment and hydrogen storage solutions. ITM Power Plc was incorporated in 2004 and is headquartered in Sheffield, the United Kingdom.

72 Employees
Last Reported Date: 08/8/15
Founded in 2004

itm power plc (ITM) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: 290.0K GBP
Chief Technology Officer, Director, Member of...
Total Annual Compensation: 152.0K GBP
Compensation as of Fiscal Year 2015.

itm power plc (ITM) Key Developments

ITM Power Announces Agreement with Symbio FCell and Arcola Energy

ITM Power announced that it has signed an agreement with Symbio FCell and Arcola Energy to provide an integrated package of zero emission commercial vehicles, on-site fuel and after-sales support for UK commercial fleet operators. The agreement is to work together to provide fleet customers with the assurance of a one-stop complete solution including preparation, insurance, site approvals, vehicle registration and staff training. ITM Power has recently launched a wind to hydrogen refueller near the M1 in Rotherham and announced a strategic partnership with Shell to place three refuellers on forecourts in the UK. Currently, ITM Power is building a total of five refuelling stations in London. The HFuel product is well suited to fleets of fuel cell vehicles and has demonstrated the principle of refuelling return-to-base fleets in the past. This experience has shown that support from an OEM and the quality of after-sales support for the vehicles is key to fleet customers.

ITM Power Signs an Agreement with the Centre for Engineering and Manufacturing Excellence on A13 London

ITM Power announced that it has signed an agreement with The Centre for Engineering and Manufacturing Excellence (CEME) to deploy a Hydrogen Refuelling Station (HRS) at the CEME site in Rainham. The CEME campus is ideally located on the A13 one of the main East London arterial roads between London City Airport and the M25, providing publically accessible refueling infrastructure to East London. The CEME site has one of the large arrays of photo voltaics in the south of England, consisting of 717 panels designed to supply 115 kWs, which will provide power to the station. The station will be deployed as part of the HyFIVE project and will open to the public in second quarter 2016. HyFive, funded by the EU FCH JU (Fuel Cell and Hydrogen Joint Undertaking), is a pioneering £31 million project involving leading motor manufacturers, hydrogen fuel suppliers, the Mayor of London's Office and energy consultancies to make hydrogen vehicles a viable and environmentally friendly choice for motorists across Europe.

ITM Power Launches First Public Access Hydrogen Refueling Station at Advanced Manufacturing Park

ITM Power announced the launch of its first public access hydrogen refueling station at the Advanced Manufacturing Park, just off the M1, Junction 33 in South Yorkshire, funded by InnovateUK. The launch is being supported by Hyundai, Toyota, and Honda who will all be displaying their fuel cell electric vehicles. Delegates will also be encouraged to 'ride and drive' the cars. The event will showcase the Hyundai Ix35, the Toyota Mirai, the Honda FCX Clarity and a British Microcab. Hyundai and Toyota will be presenting at the launch event and participating in a Q&A session. The site, which as a public access refueling station in the UK, consists of a 225kW wind turbine coupled directly to an electrolyser, 220kg of hydrogen storage, a hydrogen dispensing unit and a 30kW fuel cell system capable of providing backup power generation for nearby buildings. The facility has been upgraded as a showcase for ITM Power's world-class hydrogen generation equipment and is used to provide retail hydrogen fuel services. The M1 motorway was highlighted as a key route for the early deployment of hydrogen refueling in the UK in the published UK H2Mobility Phase 1 Report. The station, which has been supported by Innovate UK, currently offers hydrogen gas at 350bar which was a specification of the Island Hydrogen (formally known as Eco Island) project. The station will be upgraded early 2016 to provide hydrogen at 700bar as a result of funding from the Office for Low Emission Vehicles, this will provide the fuel cell vehicles with a longer range of between 350 - 400 miles and extend the reach of clean emission transportation in South Yorkshire to hydrogen refueling stations elsewhere in the UK, including London.


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