Member Info for Agusta

I'd love to know which customers ABB have waiting to see the fully assembled product. Exciting times!

Sorry I shouldn't just talk about backup energy, of course the ultimate data centre fully powered by renewable energy and using various forms of power generation. Hydrogen producing power and used for cooling and who knows, potential for super conductor territory. The diesel backup generators costs are negligible, they are installed, cheap maintenance, rarely used except for testing and the diesel only needing to be changed out perhaps yearly to prevent degradation of the fuel.

Rubbish is a bit harsh. Data centre lifespans are estimated at about 25 years with the hyper centres less at 10 to 15 apparently. If we estimate technology upgrades every few years, these can be performed without taking the data centre offline, the modular format allows this to be simplified further.

The cost of completely changing the data centre setup, plus likely downtime of the data centre would outweigh any benefits in the short term. My money would be on the first data centres to utilise alternative backup energy would be a new build.

One last article on data centres. https://www.capacitymedia.com/articles/3828097/european-data-centre-demand-rises-by-a-third-in-2021#:~:text=JLL%20forecasts%20a%2021%25%20increase,data%20centre%20industry%20in%202020.

Hi jhonboy. My view is that the already established data centres with huge backup diesel generators already built in to the system, won't be changing them out until they have to. Perhaps that could mean the life of that particular centre before it may require a complete upgrade.

The good news is that the market is growing so fast, so soon enough we will see some new plans for green data centres. I see the market growing in Norway and I think the government see big opportunity here. I try to guess who may be the first to make the next level green data centre, https://greenmountain.no/ Green Mountain are growing and are very "green", no links to ABB I know of today. Interesting read: https://www.datacenter-forum.com/datacenter-forum/norway-new-requirements-for-waste-heat-from-data-centers it mentions green hydrogen production in Norway, no figures yet but many ideas being thrown around.

I'm still going with my 2025 guess, I think around then we will see plans here in Norway for new data centres utilising hydrogen in various ways, the government plan for the new hydrogen economy will have had some progress made by then so solid plans can be made. On a plus, the AFC product line will hopefully be more advanced then and their collaboration with ABB could be far more advanced. The hydro electricity here does have a limit, though I expect more hydro plants to be built.

Side note on ev charging. How are the car dealerships looking in the UK these days? It's interesting to watch here as the forecourts outside become more and more full of fast charging stations for all the cars. If the UK is the same with many car dealerships all in the same area, I'd imagine a big step up in grid load if they all need fast charging, possible potential for AFC ABB? Which manufacturer wants to appesr greenest first?

Typo £5 billion road project

Today I took a fjord trip on what was the world's largest and fastest fully electric boat at one point, cruising along with no diesel fumes and much less noise through a 450m deep fjord is quite something, and the responsiveness of the engines allows manoeuvres that would not be possible with a similar conventional ship. The charging station for the ship(s) was supported by a project in Norway called Enova (https://www.enova.no/about-enova/), I expect many countries to have similar ideas funded by the government.

ABB have teamed up with a Norwegian battery start up (https://www.reuters.com/technology/norwegian-battery-startup-cooperate-with-abb-2021-06-28/), one of many of these battery companies here. ABB are lining up their ducks, it is a fact that land sea and air vehicles will soon be relying on a new combination of power, and ABB are one of the leading companies helping to identify the most practical and efficient ways to make this transition.

Now that AFC and ABB are close to having their collaborative product ready to demonstrate, they can look to sales and further expanding their plans together.

I have also visited the huge project of the new E39 Road from Stavanger to Kristiansand, costing around £50 billion it is still small to the rest of the plans already approved. If we hear something from Acciona soon I'd be very happy. With new strict rules in construction coming in to play, and a desire to be leaders in the renewable market, Norway Acciona and AFC could have some potential. Small clip from Acciona webpage: Established in Norway five years ago, ACCIONA is playing an increasingly important role in Norway’s infrastructure sector. ACCIONA forms part of the winning consortium that has been awarded the €650 million Sandbukta–Moss–Såstad railway project. The main works include two tunnels, a cut-and-cover tunnel and a new station in central Moss, some 60 km south of Oslo.

ACCIONA is also finalising work on the €1.0 billion high speed railway line that will connect Oslo and the town of Ski. Once completed, the tunnels of the Follo Line will be the longest in Scandinavia.

I'll give you one thing DW for your persistence, I too had a few qualms with AB and past performance/bullish statements, so it still lies within me. I believe he has redeemed himself somewhat, sure we haven't seen the big sales yet on paper, but we have some targets from the last RNS. If he can't sell what I believe to be an excellent product in the current market, then there is no hope. With all these highly skilled professionals being employed during this (apparently silent) period, I would feel very bad for them come December when they all find out the work they have done was in vain and they are out of a job. I would ask you one thing, if AB announces multi system orders by year end, will you change your perspective of him and AFC?

Reply to Scarpa; I can't confirm if ABB had to turn an order down for salmon farms. One thing I am confident of is ABB eventually receiving orders in this market. I shared this article to try to have a different subject here today, and to demonstrate that when ABB talk about offshore/marine etc, the market is far more diverse than many here may realise. I have many interesting studies/plans etc that I have read and some I am involved in personally. I am glad you enjoy them, perhaps I should share some more here to help people keep the faith....

No concern here. I don't have any solid info to share but here is a study carried out by ABB, it's written in Norwegian but I'll post the link anyway: https://indd.adobe.com/view/552951eb-423a-4887-9be1-1c81abb92548

In summary, it focuses on the future of salmon farms (big business here), how to reduce the carbon footprint and electrify much of the operation. I'll let people translate it if interested, there are some great thoughts on hydrogen, on and offshore power, batteries solar ammonia hydrogen combinations. The point I will make is, from 2025 all small sea vessels built here must be zero carbon emitting and from 2030 the same rules for large vessels. The fish farms are looking to run very clean operations ASAP, and the clock is ticking, 2025 is very close. I think Norway may have the most aggressive targets with regard to zero emissions in various industries, big plans and money set aside to do it, but I don't see a load of hydrogen generators or electrical charging points for boats coming up over night. Careful planning, making a smooth transition step by step, not bankrupting the company many other considerations. I had planned on selling my house and car, ordering an AFC generator and going off grid, the order may call things down for a bit though sadly AB said he's not selling to individual private customers.

Hi Risky, totally agree, I've had my fair share of lavish holidays, I'm not judging anyone for their lifestyle or their choices (except perhaps for the mega rich). I think it's fair to say we live a far more luxury life than a few years ago, so the definition of living life is far different to us than our parents for example. It's the mentality with all inclusive and cruise ships etc that I question, having excess whenever we want it, it is unnecessary. I have changed my ways but I live a privileged life, so I'm not preaching, just sharing my views.

My main gripe lies with the mixed messaging. The truth is all that matters is people making money, we are told one thing though encouraged to do things that go against the idea of sustainability. I wash my glass jars out and put them in a recycling bin, then jet off to eat half a plate of food 5 times a day.

The truth is most of us probably have more than 90% of the world. The fact we have money available to invest in companies is in itself a huge luxury. I could easily make more changes to improve my green credentials, I may well be one of the worst, but it's always easy to look up and blame others for not doing more.

Maybe in 20 years we will have others driving hydrogen cars and calling out those driving EV as dirty and selfish, who knows! This transition takes time and I don't think we should call people names for not driving an EV, that would be the vast majority of the world. I consider myself lucky to have the resources to be able to consider it, so I do see it today as somewhat of a luxury, both being able to own one and drive one relatively easily with charging etc. This will all change with time.

I still believe there are far more effective ways we can change our lives to make a difference today. One thing that baffles me is when I look at the actions of governments. If we see how they reacted to the covid situatuion, they acted aggressively and made huge changes to our everyday lives, during these times we were/are still told that despite all of this, the biggest threat to us is climate change. I presume most people look to the government for leadership, so when we see covid restrictions lifted and life try to turn back to normal with no apparent changes made, you don't feel a sense of urgency for what is according to them, a greater threat. Please go out and book another cruise (in my opinion one of the biggest forms of waste going), start travelling (people seem to believe they need a foreign holiday to function), spend money now! The economy took second place against covid, though it is now back in first place, so I feel these mixed messages aren't helping us average jos' make informed decisions. Apologies for the Sunday rant!

Side note: For those who question the safety of hydrogen, we have seen it pop up from time to time, have a read through these accident reports from the USA, especially those in refineries and such, interesing reading and plenty of material! https://www.csb.gov/investigations/completed-investigations/?F_AccidentTypeId=1275

There are 3 possibilities. We receive news of orders this year as strongly suggested, sp likely reacts positively and future becomes far more realistic for AFC. We all pat each other on the back and bask in the shared glory of a great future and being right after so many years.

No orders are announced this year, sp reacts badly and we are all angry, quite rightly so.

We receive another surprise RNS with positive news that no one expected, could be anything. My only concern is I wouldn't want AFC to bite off more that they can chew.

Until then we will spend the coming months speculating, panicking over sp movements that are nothing more than sentiment/trading and dealing with people who either enjoy causing a bit of a nuisance or perhaps those who try and benefit themselves somehow.

Evening all. Having a quick check in, I see the market had a small bump, seems media blame the delta variant, no doubt was some panic here. Must admit, slight annoyance on my part as I did add a few around 64p, no bother, all prices bring the average up though this does not bother me.

Nice to see the mention of the motor show, remember when this was big news? Seems to be a small thought now after the partnerships AFC have made since. I see some people calling for updates during drops, remember when Mace (I think it was this one) and AFC announced their deal, it was during a market quiet time for hydrogen and the SP ended up down on the day? It's all irrelevant background noise.

A little annoyed to see the news that Waitrose teamed up with Shell. I made a passing comment some time back that Waitrose and AFC could be a first step, was just a thought as I believe Waitrose are a UK company. I guess Shell can offer what they need quickly.

If we do get a positive update so soon after the last news, fantastic! I believe once one has come, we will have others to follow. We still have 5 months left of this year, parrot Agusta repeating that plenty happening in the background, it will all be reported when the media feel it necessary and another hydrogen hype will happen, for those that enjoy those crazy times. Personally I prefer steady rises for reasons I don't need to repeat.

My final example of change, it seems diesel cars will be banned from entering Oslo City centre from 2025, a big step. It is not so long ago we were told by the government to buy diesel cars as they were better for the environment, so times do change fast.

I'm certainly excited to see what AFC announce over the coming months, in my view, whatever comes should be extremely exciting, and hopefully what we've all waited for.

All the best.

Nicely said. Personally I think it's a great time to add a few AFC to my pile. It's hovering around the placement price now. After the last up date, if you have confidence in Adam Bond and his new less bullish and more realistic approach, the coming months should be very interesting.

The journey has been long for many of us, though I would argue the journey from the EV charger announcement has been (generally) interesting, well thought out by AFC and progressed at a pace which has matched the mood/interest of the market, and we find ourselves in a very interesting and exciting position today. Despite differing views on the EV charger, I'd say whatever happens with the sales of that product, it has led AFC down the route we find ourselves today, and that is definitely a good thing.

For me there are only positive posts to make here now, unless AFC release news that gives us information otherwise. The partners are in place, the target markets are identified, the manufacturing is organised and the bigger future picture is up for painting.

Right product right time still applies, but changing the world takes time. As my last word and a small example, I was looking at changing all company cars here to EV, as many have done here, though we did not have the infrastructure available to us yet to make it work, and this is Norway.

Great plug there, and nice he really mentioned AFC. I've not followed Extreme E so much, but to my knowledge this is the most advanced explanation of the setup I've heard so far, which is a bit annoying. I think I'll start using the term electro-lysis myself, I liked that.

Another link shared by Adam Bond on LinkedIn: https://uk.linkedin.com/in/adam-bond-74841b13

There is quite a bit going on in the background with future shipping using ammonia or hydrogen, but they have bigger timescales at present. Would be great to see some really big names back some projects.

Was great to listen to a man with such knowledge in the field speak about AFC, and potential markets. Would love to have a beer with him and pick his brains! Great catch for AFC imo.

I'd still love to see operating figures from the Extreme E setup, especially with the solar part. I'm sure Dr. David knows what they are, and if he's happy with progress I'm sure I would be. He certainly seemed very interested in Alkamem....

Significant ruling, and another piece of the puzzle which will only help companies like AFC in the transition to a cleaner future.

Well done mojito, have enjoyed a few spin-offs of the Lords myself, very good.

I like to think if there is a God, it's probably hydrogen. It's been there from the start, it's still everywhere today and out numbers everything else, and given it's multitude of uses it has tested the human race, who have chosen to use it for other uses first.

Perhaps the twist could be that when we finally master the use of hydrogen, the other less significant elements decide it was too late for us as a race, and let nature chose the next contenders.. Maybe something for your commandments here!

One thing that may have wound AFC holders up a bit more was watching other companies in the sector have astronomical rises. It's all well and good saying AFC was at 4p not so long ago, but that means little to us that have held for so long and seen higher prices and then the drop.

As always, my positive thought is now we know what kind of mcaps are achievable, and most of us believe AFC can have a bigger impact than many other hydrogen companies if all goes well. Truth be told, if I'd held ITM I would have sold before the big sp numbers they've seen, at least I know with AFC I can up my personal target a bit now!

Imagine what some sales combined with another hydrogen rally could do for the AFC sp...

Just realised I'm posting on a blood clot thread!