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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Afc Energy Plc | AFC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.20 | -2.35% | 8.30 | 16:35:04 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 8.60 | 8.10 | 8.86 | 8.30 | 8.50 |
| Industry Sector |
|---|
| ELECTRONIC & ELECTRICAL EQUIPMENT |
| Top Posts |
|---|
Posted at 10/10/2024 16:03 by beeezzz The whole sector is declining, especially ITM and Ceres which is dragging AFC with it. However, when you consider ITM was 50p in october 2019, now 48p. In Jan 21 was 680p. Same goes for Ceres. AFC has only had rise 70p...I still think CGT is driving this, so much up in the air, it could be a good buying opportunity, maybe AFC will get its hockey stick graph, who knows. |
Posted at 03/10/2024 18:38 by yellowf123 @haggis.You do know that Speedyhire JV have only ordered 2 systems don't you?. AFC has invested £650k in the JV to have the benefit of selling 2 systems. Where is the business sense in that?. Does anyone at AFC actually know what an attractive commercial deal look like?. The only people left defending and championing AFC now are those that don't hold any shares. |
Posted at 22/9/2024 22:05 by pfw AFC Energy target reiterated by broker after ammonia cracker splitPublished: 15:0 |
Posted at 19/9/2024 21:05 by haggismchaggis BIG INDUSTRY, LARGE INDUSTRIAL PLANTS, WE CAN DO IT TODAY! (BRING IT ON!). Mike Rendall interview video transcript. . BIG INDUSTRY is struggling to decarbonize and they're reliant on natural gas pipelines and natural gas. They want to move to alternative solutions, they want to move to hydrogen, but they just can't get hydrogen in the quantities that they need, it's SUCH A LARGE AMMOUNT that you require to decarbonize chemical plants or power generation. . So what we've been looking at is we can create hydrogen on demand and simulate a gas pipeline using our ammonia cracking technology. . Welcome back inside our proactive newsroom and joining me now is the managing director of Hyamtec, Doctor Mike Rendall and, this is a subsidiary of AFC energy and, doctor Rendall, good to see you, how are you? . I'm doing great, thanks, thanks very much for asking. . Yeah, good to have you along and, excited to learn about the the new subsidiary that you're now running. Tell me a little bit about the sort of the origins of the decision to make a subsidiary using the technology. . Yeah, sure. So we started off our journey on Ammonia cracking about three and a half years ago at AFC energy and, originally it was to link it with a fuel cell so we could convert ammonia into hydrogen and then to convert the hydrogen to electrical power. But what we found, certainly more recently, is, the opportunities for making hydrogen are FAR GREATER or far in excess of, the opportunities that you can work with on just making the energy from the fuel cell. . So, we've been looking at exploring the markets where we could put our cracker technology to decarbonize heavy industry and that's the big goal here. BIG industry users. So, like chemical plants that consume up to 40% of the UK's natural gas. We can look to decarbonize using ammonia and hydrogen, so our technology leads into that really well and it's how we, why we decided to separate from the AFC energy part. . Talk to me a little bit about about opportunity here. I was reading in the news release that the UK spending about $40 billion annually on natural gas. I mean, it sounds like this is,this is something that there's a lot of opportunity for with the company. . Well, this is the actual main opportunity we're sort of targeting. I mean, big industry are struggling to decarbonize and they're reliant on natural gas, pipelines of natural gas. They want to move to alternative solutions. They want to move to hydrogen, but they just can't get hydrogen in the quantities that they need, it's such a large amount that you require to decarbonize chemical plants or power generation. . So what we've been looking at is we can create hydrogen on demand and simulate a gas pipeline using our ammonia cracking technology and, the fuel density of ammonia you can carry so much larger, which means it actually becomes a lot more straightforward to create hydrogen specifically for these industrial applications, without requiring a pipeline. . AND WE CAN DO IT TODAY!, we've got the technology and we're looking at rolling out this into these large industrial plants for these tests and these trials RIGHT NOW. . Will that be a big part of what the message will be from the company? Just about the ease of being able to transform what you're talking about, because I'm sure a lot of companies look at it going, like 'it's going to cost us like a lot of money to be able to do something like this'. But it sounds like you're saying the ease of your technology really makes it, sort of a first mover in this type of industry. . Well, precisely. I mean, a lot of people, a lot of these big plants need to look at decarbonization, have to look at throwing away some of their major investments and what we're suggesting is you don't need to do that. . You can link our cracking technology, you can blend it with natural gas to start with, so you can already benefit from reduced emissions or reduce carbon by using hydrogen from cracked gas. Over time you can transition that to 100% hydrogen from cracked gas, without having to change a chemical plant and, so you're saving a vast amount of money on investments, on capital equipment. You're saving vast amounts of money not having to upgrade your electrical grid, because you don't need it. . So it's a lot more familiar to these industrial partners and that's what's the exciting piece and, that's where a number of our conversations are leading RIGHT NOW with potential people interested in taking our technology, is it's a really relatively straightforward way to adopt, and that's the beauty of our process. . Absolutely. Very exciting times, for sure. . Doctor Rendall, thank you so much, great to catch up with you. And congratulations on the new role, it sounds like it's VERY EXCITING! . BRILLIANT! IT CERTAINLY IS, WE'VE GOT A LOT OF OPPORTUNITES THAT WE'RE FOLLOWING HERE, KEEP WATCHING!! . All right. We will for sure. . There's that doctor Mike Rendallm, he's the managing director for Hyamtec which is a subsidiary of AFC Energy . . |
Posted at 18/9/2024 09:06 by haggismchaggis The whole point of it being separated out is so it can run separately to the Fuel Cell business and then be floated off or sold off down the line, with any revenue feeding back to AFC and US.."a wholly owned subsidiary of AFC Energy""a wholly owned subsidiary of AFC Energy""a wholly owned subsidiary of AFC Energy""a wholly owned subsidiary of AFC Energy" |
Posted at 05/9/2024 20:47 by haggismchaggis rougepierre,. He will certainly understand AFC's choice to JV with Speedy to leverage Speedys' customer base of Tier One construction companies. . He will also understand AFC's choice of TAMGO as Distributor for MENA region. . And when he arrives he will see all of the other Genset Hire companies that have already approached AFC asking for agreements like that with Speedy or TAMGO. As per video's, AFC have been approached by loads from all over the World. I believe the next one will either be for the whole of Europe or the whole of North America and Canada, then after that Japan. One of the presentations lists the big names in Genset Hire outside of the UK. . He will also be a top choice to commercialise the Ammonia Cracker, as the options to make it massive really quickly are to bring on OEM's and Distributors, either that or sell it for 350m with added royalties on all systems sold. . |
Posted at 01/8/2024 11:34 by haggismchaggis I am very pleased with the IMC Meeting and Presentation today.. Many very positive 'unknowns' were revealed. Many bashers lies were quashed unequivocally. . AB is looking forward to being a long term AFC Energy shareholder like many of us when he leaves the company, his decision has NOTHING to do with anything at AFC, it is for PERSONAL reasons only. He has full belief that AFC will go on to be successful under a new CEO. . TAMGO orders expected soon. . Acciona site delivery next week (system going through Spain Customs right now). . System already heavily tested by Acciona at AFC HQ prior to delivery, so they already know it performs as expected as a COMMERCIAL system. . ABB system IS NOT delayed. Contracted delivery is by the end of this year and the company are very confident that they will achieve this. It would have been delivered EARLY but for a couple of things like wiring delays and the need to replace a couple of parts. . Ammonia Cracker agreements still expected this year. Looking at options for early revenue from Ammonia Cracking, so maybe something on that this year too. . Cash burn no worse this year than last year. . Still expecting to reach the target advised of £4m in sales this year, with the vast majority of revenues coming in H2. . Still expecting to at least hit the brokers target revenues for the next two years. . Contracted orders still being advised as before, but the pipeline which is yet to be converted to contracted orders is SUBSTANTIAL (the way he says it, scarily big!) . Looking at using the relationship with Speedy Hydrogen Solutions as a way to access cash (debt, lease finance, etc) to scale up further, which equates to NO MORE FUND RAISING. . |
Posted at 01/8/2024 11:28 by haggismchaggis I am very pleased with the IMC Meeting and Presentation today.. Many very positive 'unknowns' were revealed. . Many bashers lies were quashed unequivocally. . AB is looking forward to being a long term AFC Energy shareholder like many of us when he leaves the company, his decision has NOTHING to do with anything at AFC, it is for PERSONAL reasons only. He has full belief that AFC will go on to be successful under a new CEO. . TAMGO orders expected soon. . Acciona site delivery next week (system going through Spain Customs right now). . System already heavily tested by Acciona at AFC HQ prior to delivery, so they already know it performs as expected as a COMMERCIAL system. . ABB system IS NOT delayed. Contracted delivery is by the end of this year and the company are very confident that they will achieve this. It would have been delivered EARLY but for a couple of things like wiring delays and the need to replace a couple of parts. . Ammonia Cracker agreements still expected this year. Looking at options for early revenue from Ammonia Cracking, so maybe something on that this year too. . Cash burn no worse this year than last year. . Still expecting to reach the target advised of £4m in sales this year, with the vast majority of revenues coming in H2. . Still expecting to at least hit the brokers target revenues for the next two years. . Contracted orders still being advised as before, but the pipeline which is yet to be converted to contracted orders is SUBSTANTIAL (the way he says it, scarily big!) . Looking at using the relationship with Speedy Hydrogen Solutions as a way to access cash (debt, lease finance, etc) to scale up further, which equates to NO MORE FUND RAISING. |
Posted at 26/6/2024 07:19 by skinny Highlights:· AFC Energy has successfully operated its ammonia cracker reactor technology alongside a MAHLE Powertrain combustion test engine fuelled principally by ammonia. · The ammonia cracker provided a pilot fuel, operating in a ratio of 80:20 (ammonia : cracked gas) that delivered improved operating performance when compared to ammonia combustion alone. · The Cracker was able to generate hydrogen on-demand and co-blend with additional ammonia to make a resulting flammable fuel gas stream that was fed into the engine injection system. The compact fast-start Cracker dynamically supported the fuelling needs of the test engine and achieved stable performance on the first trials. · Enhanced burn characteristics from the cracked gas blend (75% Hydrogen:25% Nitrogen) are designed to improve engine performance evidenced by stable operation and increased efficiency (reduced fuel consumption) with reduced (zero carbon) pollutant emissions. · Success in cracker integration with ammonia engines means maritime propulsion can be achieved with a single ammonia fuel without the need for dual (fossil) fuels as is currently the case in several ammonia combustion engine developments. · The "Enhanced Ammonia Cracking to Improve Engine Combustion and Emissions" ("ENTICE") project is led by AFC Energy with partners including MAHLE Powertrain, Nottingham University and Clean Air Power (funded by InnovateUK). · In addition to maritime applications, AFC Energy is also assessing applications with partners for ammonia combustion engine and cracker integration across land based hydrogen production and in the fuelling of large off-road machinery such as that used in the mining industry. · The ENTICE project is scheduled to continue until March 2025 enabling further system integration with larger multiple cylinder engines for testing across a range of operational parameters. Adam Bond, Chief Executive of AFC Energy, said: "Ammonia cracking is a core part of AFC Energy's two division technology platform approach to supporting the hydrogen value chain. The results released today at the MariNH3 conference are a testament not only to the entire project team, but also to the growing opportunities emerging through the adoption of clean ammonia as the world's leading decarbonised fuel vector. Our ammonia cracking technology affords a leading platform seeking to support production of low cost hydrogen for combustion or fuel cell applications, both on board vessels and on land." |
Posted at 18/6/2024 22:57 by new tech 18 June 2024AFC Energy PLC Landmark First Power Generated from 200kW S+ Series H-Power Generator AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce it has successfully delivered its highest power rated 200kW H-Power Generator to date, utilising its latest generation S+ Series liquid cooled fuel cell technology, marking an important landmark for the Company. Highlights: · Milestone first operation of AFC Energy's first 200kW S+ Series H-Power Generator, the Company's highest rated zero emission power generator. · Designed and developed in accordance with AFC Energy's existing partnership with ABB e-Mobility. · Marks AFC Energy's entry into the high power class of generators building on its market leading offering in the light to medium (<50kW) duty generator class. · Engineered to unlock peak system efficiency to offer one of the lowest hydrogen fuel consumptions of any fuel cell generator in its power class in the market today. · The generator builds on AFC Energy's rapid response time and load following capability currently implemented in its S Series air cooled fuel cell technology. · A catalyst for entry into high power class applications, including: EV charging, construction, maritime and data centres. · Now undergoing in-house operational testing in preparation for the Attestation of Conformity and CE marking certification process later this year. · Platform to offer modularised 100kW to 500kW power ranges, complementing the existing S Series Generator platform offering 10kW to 50kW generators. Adam Bond, Chief Executive of AFC Energy, said: "This is a significant milestone for AFC Energy reflecting two years of accelerated technology development and engineering works culminating in this successful first operation. AFC Energy now is uniquely placed to offer its customers and partners the full range of power solutions from 10kW through to 500kW across its H-Power platforms giving maximum choice when sizing generators for specific power needs. We continue to progress our drive to offer a commercially and technically viable alternative off-grid power solution to diesel and we are now positioned to access higher power class opportunities not previously available with the S Series Generator series. Congratulations to the entire team for the long hours committed in delivering the S+ Series Generator." |
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