Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAFC Energy Share News (AFC)

Share Price Information for AFC Energy (AFC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 23.20
Bid: 24.05
Ask: 24.40
Change: -0.95 (-3.93%)
Spread: 0.35 (1.455%)
Open: 25.00
High: 26.00
Low: 23.20
Prev. Close: 24.15
AFC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AFC Energy hails successful testing of ammonia cracker tech

Mon, 23rd Oct 2023 07:29

(Sharecast News) - Hydrogen power generation technologies group AFC Energy has reached a new milestone with its new ammonia cracking technology, with testing proving its ability to deliver fuel cell grade hydrogen "on a modular, scalable basis".

Results, which have been independently tested by the UK's National Physical Laboratory, showed that the tech successfully achieved 99.99% hydrogen from single reactor testing.

AFC Energy's ammonia cracker enables ammonia to be "cracked" into hydrogen and nitrogen molecules. The hydrogen can then be consumed as a fuel in fuel cells or combustion with the nitrogen emitted to atmosphere with zero carbon emissions. However, the presence in the hydrogen of uncracked trace ammonia has the potential to damage fuel cells.

Regulations - namely the International Organisation for Standardisation (ISO) 14687:2019 - govern minimum quality characteristics of hydrogen as a fuel in vehicular and stationary fuel cell applications, and the maximum level of residual ammonia permitted.

"Testing confirmed ammonia levels in hydrogen stream were materially less than the limits required to meet ISO 14687:2019 standards for vehicular and stationary fuel cells," the company said.

Commenting on the results, AFC Energy's chief executive Adam Bond said: "Achieving the ISO standard is key for the global adoption of ammonia as a sustainable clean fuel."

The company said that ammonia is expected to play "a growing role in decarbonisation targets for industry and maritime due to its high energy density (relative to hydrogen gas) and potential to displace conventional fossil fuels and carbon emissions". Ammonia is also seen as an enabler to the international trade of hydrogen.

More News
3 Nov 2014 16:30

Dotdigital directors sell shares to meet investor demand

Bosses of Dotdigital, including its chief executive, have reduced their holdings in the company to meet investor demand, the online marketing software supplier said on Monday. CEO Peter Simmonds, chief technical officer Simon Bird and chief operating officer Tink Taylor each dumped one million share

Read more
3 Nov 2014 13:49

DIRECTOR DEALINGS: AFC Energy Non-Executive Increases Shareholding

Read more
30 Oct 2014 12:33

AFC Receives Acceptances For Quarter Of Open Offer Shares (ALLISS)

Read more
9 Oct 2014 07:31

UK MORNING BRIEFING: Miners Lead FTSE 250 Gains After Fed Minutes

Read more
9 Oct 2014 05:47

REPEAT: AFC Energy To Raise GBP9 Million In Discounted Placing, Open Offer (ALLISS)

Read more
8 Oct 2014 15:51

AFC Energy To Raise GBP9 Million In Discounted Placing, Open Offer

Read more
20 Aug 2014 07:32

UK MORNING BRIEFING: Glencore Sets USD1 Billion Share Buyback

Read more
20 Aug 2014 06:42

AFC Energy Appoints Christopher Tawney As New Finance Director

Read more
17 Jul 2014 11:49

UK MIDDAY BRIEFING: ITV Jumps, Sports Direct Slumps

Read more
17 Jul 2014 11:15

UK WINNERS & LOSERS: ITV Jumps As Merger Talk Drives Stock Movers

Read more
17 Jul 2014 08:58

AFC Energy Signs In South Korea Its Biggest Ever Fuel Cell Deal

Read more
14 Jul 2014 08:41

AFC Energy Signs Fuel Cell Deal With Chang Shin Chemical Company

Read more
25 Jun 2014 10:39

AFC Energy Pretax Loss Narrows On Revenues And Lower Expenses

Read more
10 Jun 2014 09:48

AFC Energy Says Finance Director To Leave

LONDON (Alliance News) - AFC Energy PLC said Tuesday that Jane Dumeresque, Finance Director and Company Secretary, is leaving the company. Dumeresque is leaving the industrial fuel cell power company by mutual agreement to focus on her other business interests, said AFC. Shares in AFC

Read more
4 Apr 2014 08:20

AFC receives first order for Beta+ fuel cell system from Powerhouse

AFC Energy, an industrial fuel cell power company, has received the first order for its Beta+ fuel cell test system from fellow AIM-listed PowerHouse Energy Group (PHE), which is expected to be delivered in late 2014. PHE will pay £0.15m for a system consisting of two fuel cell cartridges, which AF

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.