Afc Energy Share Discussion Threads

[jimmynan] 23/3/2023 11:38

On a massive down day for the general markets. I'll take that any day of the week. Again though I'll remind you I'm here for the long term and not just a quick quid here or there trading. We're different beasts when it comes to making money I prefer a marathon and not a sprint ;)

[hugotanha] 23/3/2023 11:34

I wouldn't get excited so quickly, only 6% up

[1collijo] 23/3/2023 11:13

Topped up with some more as the future is quite clearly green - and trade has gone down as a sell !?

[skinny] 23/3/2023 10:56

Some PR :-

[cinoib] 23/3/2023 09:56

amt, yes, provided Putin and Xi don't blow the whole bloody world up in his quest to take over Ukraine.

[jimmynan] 23/3/2023 09:56

I dare you...

[hugotanha] 23/3/2023 09:51

Buy the rumour, sell the news

[haggismchaggis] 23/3/2023 08:17

Brilliant sales pitch by AFC!!!.hTTps://www.prnewswire.co.uk/news-releases/afc-energy-launches-new-advanced-ammonia-to-hydrogen-cracker-technology-301779123.html

[haggismchaggis] 23/3/2023 08:09

2025 is only for the bigger systems which must be HUGE, as this one is MODULAR and already does maritime, where we know the VARD systems are 2 x 600kW.

[haggismchaggis] 23/3/2023 08:02

From LinkedIn.....Today, we announced the launch of our advanced ammonia cracker technology platform – an innovative, new hydrogen generation solution that will revolutionise ammonia cracking and unlock the value of ammonia as a hydrogen carrier fuel across target markets in Europe and Asia. The platform will support both the maritime industry and support stationary hydrogen refuelling applications..The cracker's modular, scalable architecture lends itself perfectly to distributed hydrogen generation where pipeline and hydrogen logistics infrastructure is lacking or cost prohibitive, and its highly efficient operation will support a lower cost of hydrogen fuel onsite..The cracker will be added to AFC Energy's technology portfolio as a standalone product or can be combined with the Company's proprietary fuel cell systems for maritime and stationary power, displacing highly pollutant diesel generation..We look forwards to providing further updates this year..Read more here: hTTps://lnkd.in/eCwbbsPv

[amt] 23/3/2023 07:45

They have enough cash for another 4 years at current burn so by 2027 the world should be a very different place and this may well become a very significant business by then. They last raised cash at 64p so plenty of upside.

[haggismchaggis] 23/3/2023 07:37

For those who didn't read the footnotes in the RNS....."Modular cracker design and low-cost system architecture makes the cracker readily scalable from small-scale hydrogen production to multi-million tonnes per annum"."The forecast low-cost cracker production cost, scalability of design, engineering modularity, fast response time, high efficiency and the ability to fully integrate with AFC Energy's own fuel cell technology offers a competitive advantage in the market today."

[haggismchaggis] 23/3/2023 07:24

I did say I expected more news before the results RNS. This wasn't on my list, as AFC have never mentioned ambitions to launch a standalone Ammonia Cracker until today, and no Patent applications appeared for one either. .It's a great idea to tap into the Hydrogen generation market though, especially via Ammonia instead of Electrolysis, as there's already loads of Electrolyzers available but not many Ammonia Crackers. .The EU and Japan have both announced big plans for Ammonia to Hydrogen. .This system can also be sold by ABB, integrated with S Series systems or not, so my money is on a separate ABB agreement for this soon.

[amt] 23/3/2023 07:13

Fabulous and unexpected.

[skinny] 23/3/2023 07:01

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the launch of its new advanced ammonia cracker technology platform.

The Company's new cracker technology is an innovative, new hydrogen generation solution that aims to unlock the value of ammonia as a hydrogen carrier fuel across target markets in Europe and Asia.

The Hydrogen Council now predicts that investment in international hydrogen trade is forecast to grow to US$150 billion by 2030, before increasing to US$1.5 trillion by 2050. A large percentage is forecast to be via synthetic fuels such as ammonia, highlighting the high growth in demand for ammonia cracking technology in order to liberate hydrogen from the carrier fuel.

Originally focused on maritime applications, AFC Energy's modular, scalable ammonia cracker technology will support the decentralized generation of low cost hydrogen, further enabling the Company's fuel cell technology in regions affected by hydrogen storage and transport challenges. The cracker will also create new commercial opportunities as a standalone product capable for stationary, modular hydrogen generation across the global hydrogen value chain.

The launch follows extensive cracker reactor validation testing over the past two years and completed in March at the Company's UK test facilities. Larger modular cracker system prototypes are expected within twelve months and initial commercial deployments expected during 2025.

AFC Energy's ammonia cracker is complementary to the Company's existing fuel cell platform and supports fuel cell system salability in key markets where hydrogen supply logistics can be challenging.

AFC Energy is seeing interest from European utilities, green and blue ammonia producers, ship owners, and heavy plant and equipment manufacturers and exploring near term commercial partnerships.

The cracker technology has now been accelerated in response to the material growth in ammonia imports being contracted into Europe (as a hydrogen carrier fuel) to support the EU's sustainable energy policies and address energy independence challenges arising out of the Ukraine conflict.

Adam Bond, Chief Executive Officer at AFC Energy, said:

"AFC Energy's new ammonia cracking technology platform now takes us into the hydrogen generation market facilitating renewed energy security and reliability. Clean ammonia is a preferred means of transporting hydrogen to end users, particularly in Europe and Asia, and with today's technology launch, AFC Energy is targeting these key markets to enable a faster, more widespread adoption of hydrogen where storage and transportation challenges might otherwise present short-term challenges.

"Consistent with our "flex fuel" strategy launched last year, AFC Energy's low cost, modular ammonia cracker aims to enable a broader "ammonia to power" opportunity utilising our existing proprietary fuel cell technology. It also opens new markets for our partners to exploit as a hydrogen refueller in support of heavy duty motive applications.

"AFC Energy's ammonia cracker technology continues to position the UK at the leading edge of the hydrogen economy and positions us to support Europe's wider aspirations around decarbonisation, as well as energy independence and security in today's volatile energy market."

[1collijo] 21/3/2023 15:08

There's only one way AFC is going in the long term and that is up. Too many things in its favour not to. Hydrogen is the future, Koekken is a big signing, government funding is on its way as the pressure to go green is upon us. Big companies signing up with AFC. Very very positive is the way i view it.

[sparkey73] 21/3/2023 14:56

Just a reminder that Peel Hunt has 195p as a target. That's near enough a 10 bagger from here.

[hugotanha] 21/3/2023 13:16

EQT on sale!

[mr sossidge] 21/3/2023 08:56

https://www.hydrogeninsight.com/policy/hydrogen-made-from-excess-renewables-and-nuclear-power-will-be-very-very-significant-in-future-uk-energy-secretary/2-1-1421985

[vatnabrekk] 21/3/2023 08:53

Perhaps the government are "getting it"!

[hugotanha] 21/3/2023 08:45

Wtf you talking about? It's been over 15 yrs you heada

[mr sossidge] 21/3/2023 08:27

https://www.hydrogeninsight.com/policy/hydrogen-made-from-excess-renewables-and-nuclear-power-will-be-very-very-significant-in-future-uk-energy-secretary/2-1-1421985

[skinny] 20/3/2023 14:28

One would like to think they are imminent?

[1collijo] 20/3/2023 13:34

What you saying there Skinny ? I assume they have to legally provide results, so at some point this month they will provide them ?

[skinny] 20/3/2023 13:10

A reminder :- Final Results have been on 9th and 1st March the last 2 years.....