The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Mucksy, several manufacturers beleive hydrogen fuel cell cars are the future, this would however negate the need for AFC's EV charger and we don't compete in the automotive fuel cell market.
I guess that would be most likely with the new high power cell, for space reasons, mucksy, however Bond said they were not looking at vehicular use at the last AGM.
Has this been mentioned before putting the alkaline fuel cell in the car itself and making the ammonia cracker part of the fueling station.
If AFC’s EV charging idea pans out, it would provide another way – in addition to high-purity conversion of ammonia to hydrogen at fueling stations and ammonia-fueled internal combustion engines — for ammonia to serve as an energy vector for the transportation sector. But the direct option presents itself: putting the alkaline fuel cell in the car itself and making the ammonia cracker part of the fueling station. It is easy to imagine that that would lead to an energy supply system that overall is more affordable and efficient. The key will be for AFC and the other leaders in alkaline fuel cell technology,
One wonders if there might be an opportunity for AFC to step in with their alternative technology and reassure the Koreans that their hydrogen based desires can remain intact.
Time to brush off some old MOUs?
I missed an AGM a couple of years back, perhaps then.
There have been well publicised issues with Fuel Cell Energy and POSCO, but the delays mastering AFCs technology will not have helped.
http://m.koreatimes.co.kr/pages/article.asp?newsIdx=264590
I don;t remember when this was said exactly. Either the last AGM or the one before I think.
The need for warranty might have also have been mentioned in the post AGM podcast on the Friday after the AGM this year. Something about needing a warranty and a better balance sheet. 'But it is coming' as we get warranties for the individual components. Something like that.
Just noticed my typo in the header, apologies.
Thanks BB, good to know someone else had the same thought. My thinking is if they can warrant a lifespan good enough for the CA industry, given their cheap rates of electricity, then the fuel cells would be good for all base load power.
I’m also not sure what’s happened to South Korea or even Japan. We all know Japan are looking to hydrogen as their main source of power. Can only hope the longevity will aid those discussions, assuming we’re having them via W2T.
Gadams
When were we told that richlist?
We were told that a warranty was needed for those contracts in S Korea.
But also something had gone wrong and all the people AFC had been talking to in Korea had been sacked. I don't remember the details of why. It was nothing to do with AFC.
We were told that longevity of 3 to 6 months was acceptable by the South Koreans, and yet as you rightly say BumbleB, we have heard nothing .
The question has to be WHY.
This is a glowing example of the reasons why almost nobody trusts anything said by the AFC board, until contracts are actually signed.
Gadams, that thought occurred to me. In the early days, in Sth Korea, the cells only had to last for a short period of time to break even (3 or 6 months if I remember correctly). I have not heard a convincing reason for 4 year longevity being required.
Would still like to know were afc are going to make a decent profit now they are not selling the electricity but are now selling a product re the ev charge system cant see them selling more than a few thousands unless they are lucky i think the likes of bp or other fuel companies would spend billions of pounds developing a off grid system if it was worth it or is this just a stop gap untill the system is cheap enough for powering micro grids
Does anyone know if AFC ever mentioned that they were working on 4 year longevity with De Nora in order to become viable to the Chlor Alkali (CA) industry? I seem to recall 4 years longevity giving sub $0.05 per kilowatt hour. The fact they are now predicting between 3 and 4 years would suggest that if the lower end regression line ever manages to reach 4 years then the longevity could end up being 5 or even 6 years warrantable with the current set up. Surely at some point even the CA industry will come back into focus?
I know they came out and said they aren’t targeting that industry anymore, but I wonder if they are just managing expectations. Would be interested to hear others thoughts.
Gadams