Member Info for Agusta

Well positively, at least they are doing more articles on AFC than usual! I take any article positive or negative with enough salt for a heart attack. Rule number one, if there is money to be made and someone can manipulate your decision to benefit them, they probably will!

There are many articles around in respectable publications only reporting/repeating factual information about AFC. Only one major product out in the real world at present, two more guaranteed in the near future. Hopefuly these will bring even more attention to AFC, the rest we can leave to our collective imagination.

Many can't afford a brand new EV, and the prices are still high. It has been shown that to "write off" the carbon deficit from buying a new EV takes several years, though the same can be said for endlessly buying new products.

As a rough guide, I used maybe £80 to £100 a month in diesel earlier, the same driving costs about £30 charging at home. For the average person I'd say buying a 2 to 4 year old EV with some new car guarantee remaining as the most economically viable. I'd avoid a Tesla after the 5 year guarantee is out, I've seen some annoying electrical faults develop.

Rather than having an extravagant holiday, I've taken a holiday in country the last 2 years, and will do this summer. I'd forgotten how nice this can be, and the kids are happy wherever so no need for all the waste. One of my favourite trips ever was a canal boat holiday in England. Point being, there are many ways we can change our lives to make a difference.

In my home town we will have a toll set up next year for roads near the town. If I continue to drive as I do now, we would have a £5000 a year bill, so we adapt when we need to.

Reading one of the links Taskmaster posted, I see they plan on helping with on-street charging in underserved areas. In my eyes this is beneficial to the EV market there, and may even benefit AFC if the uptake of EVs increases there. I always wondered how they would provide charging in the UK where space can be at somewhat of a premium, and I don't believe any of us expected to see an AFC container at the end of every street! I guess AFC's target market in the UK with regard to EV charging is somewhat niche, I'm not really concerned as I'm sure ABB and AFC know where to target this market best.

This market is going to become very lucrative, fast, so competition must be expected to increase. I'm not sure exactly what Statkraft and Mer are looking to target in the UK, my guess would be work places where parking is provided and EV charging at work will become a requirement. They mention fleet charging too, this again could be a number of areas, there will be companies who can use the grid to charge their fleets, especially if using standard outlet charging.

As for the other markets mentioned, well they won't be the last companies to be looking in to possibilities here, but there is space for competition, that is for sure.

Powercell have now announced they will have a presence in Norway due to the opportunities arising here. Personally, I believe ABB and Acciona have a good presence here already, so it will be interesting to see what happens on this front.

At least AFC have a nice early start in some of the mentioned markets. There will no doubt be areas where a competitor may have a better fitted solution than AFC, and vice versa. Many of these new collaborations we are seeing are in early stages. I take some excitment from the fact ABB and AFC are moving in on the data centres immediately. Seeing other big names announcing their plans to investigate markets AFC have already announced, just reaffirms to me that AFC are making the correct decisions.

I see a bit of questioning with regard to the sp and fund raise etc. In my limited experience, it is rare for the sp to rise too much after a fund raise, especially not before the new shares are admitted to the market. I put a small hint to this with the nel comparison saying the sp stagnated for a period.

To say it's a punt for ABB is a bit unfair. They have also dedicated time and man power. Part of the appeal of the AFC model is low cost. Look at some of the numbers from other hydrogen companies and the size of their fund raises, huge in comparison.

The presentation on 5th May may also answer some questions, and possibly attract more money. I'd imagine the price paid in this latest fund raise may soon seem to be a bargain, as often happens.

That job list is impressive! And very positive to see as covid restrictions ease up there. I hope the UK government take notice soon, was the moto "build back better"? A UK company with big ambitions and potential to sell products world wide.

Good with a bit of competition! They've been mentioned here before, and Teco 2030 have signed a deal with Implenia to jointly develop and pilot hydrogen powered construction site solutions. More info: https://teco2030.no/news/

First delivery not scheduled until 2023, though they mention the Norwegian target of no diesel on construction sites from 2025. Nice to see AFC and Acciona ahead on this one.

You make a good point here Garonne, there is still an underlying belief that PEM fuel cells are superior to AFCs. I have noticed this first hand when chatting to people with some knowledge on the subject.

Can we all agree on right product at the right time now? Time being somewhat subjective if impatient.

In my view, the positive with sales is when they do come, I imagine them being significant. If we only take ABB AFC EV project as an example, I don't see ABB putting this time in to creating the product without confidence of a decent profit. They must have customers lined up. The fast return and investment from ABB speaks volumes in my opinion.

Nice read, and it covers the full spectrum of possibilities. I notice it said they didn't think mass scale hydrogen power data centres would be a reality for 3 years. Mass scale in 3 years, yes please!

I agree too. Interesting reading through some older articles with thoughts on why the H2 market had such big drops, especially in the US. There are some menions of Norway, and their aggressive stance on H2. Teco 2030 another company bulding a gigafactory (am I the only one who is irritated by this new term?!), mentions that Norway may not need to license products from the big name American companies.

My point being that the more I read, the more impressed I am with the approach AFC are taking, and it looks more and more like they could be one of the big winners. Almost a bit of a hare and tortoise situation, though AFC may well end up far in front. Fantastic targeted approach, well thought through. I hope we get some good info on the production line during the 5th May presentation.

Plenty of links around on this type of subject, but just reminds us so much is going on behind the scenes. Regardless of sp movement, the real movement is still happening and growing.
https://www.msn.com/en-us/news/world/shell-to-trial-use-of-hydrogen-fuel-cells-for-ships-in-singapore/ar-BB1fStZC?ocid=st

Really low volume today. Must be the smart people getting in before the excitement returns to this market :)

I don't think we need to really consider the names such as Microsoft, Apple etc etc. Of course they are big for data storage, but look deeper in to the market, and much of it is third party companies providing the space and guarantee of safe data. Any deal with one of the big names would be wonderful, but the big names expanding the data centre market can often offer a better price than creating your own data centre.

Remember BK GULF working with Equinix. ABB working with big data centre companies. There are videos online of Google data centres and Microsoft etc, but part of the package of secure data involves emp protection, possible attacks (sorry to bring this up), uninterrupted power supply, basically a guarantee of complete security.

We may well see a deal with a big name, but from my experience some of the big names we need are not the names we all know.

I'm not saying AB would say no to a great deal with F1, however I believe they would need to clean their act up a bit first. The F1 circus is a bit of a millionaires playground toy, full of dodgy advertising and characters in the background. No doubt cutting edge and has benefited humanity with some technology, I still believe its days are numbered.

I always felt AFC were trying to keep real green credentials, which was was I predicted they would not target the offshore market (amongst other reasons). If you look at the route they are taking so far, it's quite brave and quite bold, targeting big industries and looking to, without sounding corny, rewrite history, certainly be part of it. There's still far more money and potential in the current line up. If trains and shipping become a reality, building, data centres and EV does well, we really don't need to speculate anymore, these markets alone, if achieved successfully by AFC will pay off for all handsomely I'm sure.

Interesting that the new electrolyser line up from nel comes in a container configuration. It shows that they've noticed customers are requesting this specifically, AFC ahead of the game there :) https://nelhydrogen.com/product/m-series-containerized/

Seperate hydrogen related link about Total and possibly joining an Australian green hydrogen project. Sorry if shared earlier. https://www.rechargenews.com/energy-transition/french-oil-giant-total-mulls-joining-8gw-australian-green-hydrogen-megaproject/2-1-997437

Ok maybe something wrong here. My emails come from research tree and it is entitled Zeus capital have published a new research note.

I should also add that the text reads as it fades off into an apparent infinite abyss of paid for information "profit opportunity in data centres and in the marine/rail industry."

And I should add that the last text I can read before it fades off into an apparent infinite abyss of information that requires me to pay money to read, says "profit opportunity in data centres and on the marine/rail industry."

Sorry that is from 191 to 184 and that is purely adjusted due to the maths of there being more shares in issue after the raise.