RE: Mining15 Feb 2020 08:55
Hi Heath, without a doubt, yes. I remember having late night talks over drinks 15 years back about how cars had not advanced and they still used the internal combustion engine, I never thought I'd see the day the tides would turn and we'd see real change.
As you say, money talks, and 15 years ago there was not much money involved in trying find alternatives; how times have changed, and suddenly. Since the turn of the decade, look how many companies are jumping on the environmental band wagon. As someone else mentioned, companies like BP realise their days are numbered, so they have to commit their resources to looking to a sustainable future. In my opinion, hydrogen is going to be a huge part of future power generation, perhaps more than I would have estimated a few years back. If BP are to genuinely look in to a renewable future, imagine a large company like that putting just a fraction of their resources and money in to a "hydrogen department", this will of course grow over time, as will the number of companies redirecting their focus to renewable energy.
The hydrogen council said they expect hydrogen production cost to reduce by 50% by 2030 (from memory), I can't see why that may actually be a bit pessimistic. Personally I believe we will see an exponential growth in companies, large and small, focusing their efforts on a sustainable future. With public opinion changing rapidly, politicians listening (as they have to), multinational corporations pledging to become carbon neutral/negative and the next generation pushing harder everyday for change, I believe we will see things pick up pace rapidly.
Enter AFC. From my perspective, their products should soon sell themselves. This roadshow is the first step in getting word out there. Once an order(s) is placed and things start happening, people will notice. Initially Joe Blogs on the street noticing an AFC EV charger and becoming curious, it starts conversation, most people don't truly understand hydrogen and the processes involved, the uses it has. The potential with Alkamem, this area of the market can only continue growing. AFC are in a great position now, they have spent years developing the products, and now (the next 5 years) people are going to need them. They seemed to have timed the release of the EV charger to perfection. Announced last year, January/February EVs become the big talking point.
There have been plenty of comparisons between other hydrogen companies on this forum, and many are now having their turn in the limelight, AFC I have no doubt will do to, and I think sooner rather than later.
I could go on, though to stop stealing forum space and answer your question, yes, it will be taken up throughout the world, and it will become economically viable and beneficial, sooner rather than later. Just as steam engines became achievable for farmers to replace horses, and then diesel engines replaced steam. People will read this post in some years and think we were craz
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