Afc Energy Share Discussion Threads

[hicon] 01/12/2021 08:57

hugos are all over the hole world 🤡

[twwoods] 01/12/2021 08:32

I expect there will be a temporary drop back down as many short selling people sell having seen the price rise higher than it has been for a while. If it does I will be ready to buy more. Wish I had done so at 48p now. Never mind, at least Hugo knows what’s going to happen, I can ask him.

[barony] 01/12/2021 08:29

Terrific news! Well done AFC.

[amt] 01/12/2021 08:25

137 units.
What is the unit selling price?

[a2584728] 01/12/2021 08:21

This may clear some of the traders out as well and at least bring new ones in at a higher level.

[haggismchaggis] 01/12/2021 08:19

"To meet 2030 decarbonisation targets for the shipping industry, Norway alone is expected to require 1,100 zero or low emission ships, including 450 bulk carrier cargo ships of the type envisaged by ZeroCoaster."
.
At 5,000 pounds per kW that would be a market just for Norway of 2.7 billion pounds just for the 450 cargo ships.

[jonny_wright] 01/12/2021 08:18

Immense volume here today

[charlie9038] 01/12/2021 08:12

To meet 2030 decarbonisation targets for the shipping industry,
Norway alone is expected to require 1,100 zero or low emission
ships, including 450 bulk carrier cargo ships of the type
envisaged by ZeroCoaster.

1100/8=137 units per year

Awesome

[twwoods] 01/12/2021 08:10

Excellent news!

[tonsil] 01/12/2021 08:08

25k more for moi

[skinny] 01/12/2021 08:06

That's a million traded in 6 minutes.

[r0hini] 01/12/2021 07:18

Great stuff today!

[jakecat1] 01/12/2021 07:09

Incredible news. Well done to AFC and all long term holders. And this is just the maritime arm. This alone makes AFC ridiculously undervalued at the moment in my view.What's more:VARD is majority owned by Fincantieri Oil & Gas S.p.A., a wholly owned subsidiary of FINCANTIERI S.p.A., one of the world's largest shipbuilding groups that over its 200 years history has delivered more than 7,000 vessels.

[skinny] 01/12/2021 07:01

.






AEM "S" Series Hydrogen Fuel Cell and Ammonia Cracker Selected for Norwegian ZeroCoaster's Bulk Cargo Ship Design

ZeroCoaster Consortium, Led by Vard and including ABB, Trosvik Maritime, SINTEF Ocean and HK Shipping Achieves AiP Milestone from DNV for Ammonia Fuel Cell Propelled Cargo Ship Design

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce a milestone achievement set to unlock adoption of Ammonia and high energy dense alkaline fuel cell technology in the multi-billion-dollar effort to decarbonise the global maritime industry.

Highlights


-- The ZeroCoaster programme is sponsored by the Norwegian Government
and led by global shipping design and build partner Vard
Engineering Brevik AS ("VARD").
-- Objective is to design next generation coastal cargo ships
to accelerate the transition to zero-emission shipping solutions.
-- To meet 2030 decarbonisation targets for the shipping industry,
Norway alone is expected to require 1,100 zero or low emission
ships, including 450 bulk carrier cargo ships of the type
envisaged by ZeroCoaster.
-- AFC Energy began work with VARD, ABB and ZeroCoaster partners
in June 2021 to design and engineer a modularised bulk carrier
cargo ship propulsion system fuelled with green ammonia.
-- The technology chosen for the ship's 1.2MW power requirement
was AFC Energy's new "S" Series heavy duty marinised platform
which is expected to host 2 x 600kW of alkaline fuel cell
systems plus ammonia cracking technology within modular 40ft
containers.
-- International certification agency, DNV, has now awarded
"Approval in Principle" (or "AiP") status for the ZeroCoaster
ammonia fuelled cargo ship, confirming an independent assessment
that the ship's design is feasible and there are no obstacles
to the design being commercially realised.
-- VARD will now commence commercial discussions with prospective
customers for the purchase of new ammonia fuelled ships,
featuring AFC Energy's marinised fuel cell and cracker module.

The ZeroCoaster programme, coordinated by VARD, a major global ship design and ship build company, aims to evaluate and present zero emission ship design solutions using alternative maritime fuelling systems, including Green Ammonia.

The Norwegian focussed ZeroCoaster coastal bulk cargo programme further seeks to highlight novel zero emission solutions capable of scaling and reconfiguring existing and new maritime applications.

The programme, funded by the Research Council of Norway, is being conducted using an already developed concept design for the ZeroCoaster cargo ship prepared by VARD, but in this case, is looking to develop design and engineering philosophies that will enable the storage, handling and cracking of Green Ammonia fuel to generate hydrogen which is then utilised within a zero-emission alkaline fuel cell system supplied by AFC Energy for propulsion and auxiliary power.

Norway has set targets to reduce emissions with 50% reductions by 2030, with a growing national demand for zero emission vessels along the Norwegian coast. With this focus, up to 1,100 zero emission (or low emission) ships will be required in Norway alone, with up to 450 bulk cargo ships required reflecting the ZeroCoaster concept design.

AFC Energy has been working with VARD, ABB and ZeroCoaster partners since June 2021 with the emphasis on integrating a modular, containerised Ammonia cracker design from AFC Energy, alongside the Company's proprietary high energy dense "S" Series fuel cell technology to create a fully marinised power generator fuelled by zero carbon Green Ammonia. The design is capable of both retrofit and new build craft.

Green Ammonia has been highlighted as a key fuel to support the decarbonisation of the global maritime industry with estimates suggesting the fuel could be used to decarbonise up to 25-30% of maritime fleets. As an alkaline fuel, adoption of AFC Energy marinised alkaline fuel cell and cracker modules aim to enable a highly efficient, low-cost power solution to displace incumbent bunker fuel.

By using simulation-driven-ship design, VARD has developed economic and technical key performance indicators for the adoption of Green Ammonia and fuel cell technologies on ships.

DNV, one of the world's leading classification and certification bodies in the maritime industry, and partner to the ZeroCoaster programme, has now evaluated the design and integration of the alkaline fuel cell module with in-built cracker and concluded that the design complies with all relevant maritime rules, regulations and standards.

Better known as "Approval in Principle" ("AiP"), DNV's positive assessment of the ZeroCoaster design marks another key milestone in unlocking the vast potential of Green Ammonia as a zero-emission fuel within the maritime industry, alongside deployment of AFC Energy's marinised, high energy dense fuel cell platform and cracker module. The AiP confirms the design is feasible and that there are no obstacles that could prevent the solution from being realised.

Andreas Buskop, General Manager, Engineering at Vard Engineering Brevik AS, said : "VARD has long shown leadership in maritime design and innovation with a focus of accelerating the transition to zero emission. We strongly believe in the role Green Ammonia will play in supporting industry's aspirations to "go green", and working alongside industry leaders in alkaline fuel cell technology, AFC Energy, we are pleased to have gained confirmation of our AiP from DNV, highlighting what we understand to be a world first in ship design for ammonia fuel cell and cracker utilisation. We now look forward to further working with AFC Energy in taking this design to commercial fruition".

Adam Bond, Chief Executive Officer at AFC Energy, said: "The maritime industry's increasing reliance on Green Ammonia as a decarbonisation fuel lends itself perfectly to AFC Energy's high energy dense alkaline fuel cell technology. Having worked in design concepts for the past six months on the marinisation of our integrated, heavy duty fuel cell and cracker technologies, we are pleased to have been invited to partner with world leading ship designers and builders such as VARD to highlight the potential for the safe and compliant propulsion and auxiliary powering of cargo ships as part of the ZeroCoaster project. Receipt of AiP from DNV is simply a confirmation and validation of the role our technology will play in supporting mariners to achieve stringent greenhouse reduction targets".

[cinoib] 30/11/2021 22:50

Nick, manipulation is the front runner in my book same as gold was this aft when Powell opened his big mouth. If inflation is coming, gold goes up, not down. More vilans at work.

[nick of the north] 30/11/2021 15:28

Fall the furthest and recover the least. Manipulated or is something wrong with AFC?

[cinoib] 30/11/2021 09:15

Well, we seem to be the front runner again today for going down. but am still here as I know what will happen in the near future when the morons in government around the world come out of their comas and realise what the size of the abyss they are sleep walking into. By which time it will be too late for many. Reminds me of a film where the vice president was more concerned about the economy than he was about peoples lives, greed again. What was the film. Day after Tomorrow. Millions died, (theoretically) as the government took to long to decide to anything about the approaching storms. Bit like now when the oil barons want you to keep using petrol cars so they can get rich faster, then they'll all die from the pollution they have created. Electric and hydrogen is the future without a doubt. This teck was thought of and better, in the 1970's but the oil barons bought the teck and buried it as would empty their pockets. Logan's Run a series in the 70's with solar, yes solar powered cars. So hold tight as it is coming and this time the oilers won't be able to stop it, only delay it.

[hicon] 29/11/2021 22:26

does anyone here know anything about these statements?
Top

1. AFC has £ 60m in the bank

2. There is an initial order for the 'S' series that can compete with any fuel cell company (market cap) - It only takes 12-18 months for this product to hit store shelves which means the market cap is now ridiculously low is

3. The orders from Julich and Acciona could actually already be carried out - no RNS is required for this.

4. MACE will have something shipped (likely an L-series) in the next quarter - before the diesel subsidy is abolished - which is likely to bring exponential demand for the systems. Some companies in the construction industry do not wait to end the subsidies, as some want to be seen as pioneers. This means that the final details for these agreements are now being secured in contracts.

5. Altaaqa (Dutco) are strategic investors in AFC and I think they need to know the potential demand from the Middle East. I'm thinking of Cop 26's new business partners. There's unbelievable potential.

6. Urban Airport will be delivered by March, which will give AFC more attention.

7. Potential announcements around the visit to the British Army Base AFC in December + end of Extreme E in Great Britain. This could be important in view of the timing for an update.

8. Companies don't just outfit airplane hangers for fun.

9. ABB is very committed, the S series could be shipped to Amazon, Apple or a similar company.

We will still have a lot of fun here!"

[haggismchaggis] 29/11/2021 21:06

Peer comparison, Market Capitalisation today.
.
PPS £301m
AFC £373m
PCEL £960m
CWR £2,100m
NEL £2,240m
FCEL £2,460m
ITM £2,507m
BE. £3,620m
BLDP £3,430m
PLUG £18,030m
.
.
Why I do Peer Comparisons?, because the Stock Analysts do, and use research publications like the one below:
.
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COMPACT FUEL CELL MARKET TO DISPLAY LUCRATIVE GROWTH TRENDS OVER 2020-2025
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According to expert analysts, the industry is predicted to accrue substantial revenues over the forecast period 2020-2025
.
Competitive dashboard:
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Freudenberg Sealing Technologies
Ceres Power Holdings PLC
FuelCell Energy
Ballard Power System
Bloom Energy
Ceramic Fuel Cells Limited
Plug Power
AFC Energy PLC
Hydrogenics Corporation
Doosan Corporation
Toshiba Fuel Cell Power Systems
POSCO Energy
Panasonic Corporation
Horizon Fuel Cell Technologies and Quantum Fuel Systems Technologies
.

[cinoib] 29/11/2021 15:33

Yes Haggis, maybe but that still leaves us with a huge amount of work to do to find an answer to the problem of lorries or better still Juggernauts I would like to see the day, if ever they solve that problem. Then that really would be an great advance in life.
I presume you were commenting on hugo as the schoolboy. Personally I think he still has his mum change his nappy for him. Is why he joined my filter list after reading his second post.

[haggismchaggis] 29/11/2021 14:12

Bye bye combustion engined polluting ancient tech garbage!!!!
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History in the making...…...
.
Car of the Year 2022: seven finalists revealed
.
► Six electric cars in the running
► Peugeot 308 the only combustion option
► Europe's top car award, established 1964
.
Electric cars dominate the shortlist for Europe’s prestigious Car of the Year 2022 award. Only one combustion engine car – the Peugeot 308 – has made the list, illustrating how 2021 has been a transformational year for electric motoring.
.
The shortlist for the prize, which will be awarded on 28 February, is:
.
• Cupra Born
• Ford Mustang Mach-E
• Hyundai Ioniq 5
• Kia EV6
• Peugeot 308
• Renault Megane e-Tech Electric
• Skoda Enyaq
.
The shortlist was compiled from nominations by 61 motoring journalists (including Car’s Phil McNamara) from 23 European countries. The next stage in early 2022 is a series of back-to-back road tests, after which the winner is decided when each juror distributes 25 points between the seven cars, with the top-scoring car becoming Car of the Year.

[haggismchaggis] 29/11/2021 13:53

15 new Nissan EV concepts to launch by 2030 in electrification drive
.
Nissan also aims for electrified vehicles to account for 75 percent of its sales in Europe by 2026
.

[hugotanha] 29/11/2021 10:35

Mr.Jolly where are you mate lol