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Share Price: 23.20
Bid: 24.05
Ask: 24.40
Change: -0.95 (-3.93%)
Spread: 0.35 (1.455%)
Open: 25.00
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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.

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4 Apr 2014 07:28

AFC Energy Receives First Order For Beta+ From PowerHouse Energy

LONDON (Alliance News) - AFC Energy PLC Friday said it has received the first order for its Beta+ fuel cell test system from PowerHouse Energy Group PLC, for a payment of GBP150,000. The industrial fuel-cell power company said the fuel cell system, which is expected to be delivered to Power

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24 Feb 2014 10:58

AFC Energy Signs Co-Operation Agreement For Energy-From-Waste Projects In Thailand

LONDON (Alliance News) - AFC Energy PLC Monday said it signed a co-operation agreement in Bangkok last week which it hopes will speed up the adoption of its fuel cell systems in proposed energy-from-waste projects in Thailand. The deal, which consists of a Memorandum of Understanding, was s

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14 Feb 2014 15:02

Arsenal Holdings reports rise in half-year turnover

Arsenal Holdings reported a 28 per cent rise in half-year football turnover to 135.9m, driven by growth in broadcast income. Broadcasting income came to £52m in the six months through November 2013, up from £10.1m a year earlier, mainly as a result of the Premier League's new contracts with Sky and

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12 Feb 2014 09:27

AFC Energy Loss Widens On Investments Despite Jump In Revenues

LONDON (Alliance News) - AFC Energy PLC Wednesday said its pretax loss widened in its full year despite improved revenues as costs hit company finances. The industrial fuel-cell power company said its pretax loss widened to GBP4.5 million for the twelve months ended October 31, 2013, from G

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12 Feb 2014 08:25

UK MORNING BRIEFING: Telecity Drops 13% As Market Awaits BOE

LONDON (Alliance News) - Shares have opened mostly flat Wednesday, as the market awaits the Bank of England's Quarterly Inflation Report at 1030 GMT.

Telecity is holding back the FTSE 250. The data-centre provider is down 13% after announcing higher 2013 profit and

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3 Feb 2014 11:38

AFC Energy Signs Clean Energy Development Deal With Allied New Technologies

LONDON (Alliance News) - AFC Energy PLC Monday said it has signed a memorandum of understanding with Allied New Technologies Inc to undertake a fuel cell system feasibility study. The industrial fuel cell power company said the study would test the viability of a fuel cell system being used

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6 Nov 2013 12:50

AFC Energy Announces New Strategic Partner For Power Up Programme

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31 Oct 2013 13:48

AFC Energy Signs GBP1.2M Energy-From-Waste Deal With Waste2Tricity

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8 Oct 2013 09:09

AFC Energy Provides Funding to Strategic Partner

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29 Apr 2013 15:37

AFC Energy non-exec buys shares from major investor

AFC Energy has announced that one of its Non-Executive Directors has purchased 9.51m ordinary shares in the company at 26p each. Eugene Shvidler bought the shares, worth a total of £2.47m, from Ervington Investments, which reduced its stake in the group to 24.1m, equivalent to 10.88% of AFC's issu

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29 Apr 2013 10:07

AFC Energy jumps as it extends electrode lifespan to nine months

AFC Energy, the AIM-listed industrial fuel cell power company, has extended the longevity of its electrodes to more than nine months of continuous operation. The development, which was reached at the company's laboratory in Dunsfold, Surrey, last week, brings the company's fuel cell power generati

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27 Feb 2013 11:12

AFC Energy opens first office in South Korea

Fuel cell power company AFC Energy has opened its first office in South Korea in partnership with Intralink, a provider of business development services. Intralink, which delivers services to US and European companies targeting Asian countries including Korea, will offer its extensive knowledge of

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25 Feb 2013 10:12

AFC Energy ships fuel cell system to Industrial Chemicals

Clean power company AFC Energy has delivered its first fuel cell electricity generating system to Industrial Chemicals Limited (ICL), a UK commodity chemicals producer. AFC is installing the world's largest alkaline fuel cell energy generation system at ICL's plant in Essex, UK. The shipment for t

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13 Feb 2013 11:10

AFC Energy achieves record annual revenues

AFC Energy trimmed its losses in 2012 as the industrial fuel cell company delivered its highest annual revenues from operations. The group said commercial customer sales, licence income and grant income drove results in the year to October 31st. Commercial customer sales represented £0.26m of the

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17 Dec 2012 08:09

AFC Energy receives European Union grant

AFC Energy has been awarded a European Union grant of up to 1.96 million euros to develop ammonia fed alkaline fuel cell systems. The industrial fuel cell power company announced Monday the funds would provide three years financial support for the Alkammonia project, commencing next March. The Fu

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