Member Info for Aimhammer

Came out this afternoon

The Green Ammonia Connection
The sustainable H2 trend is already beginning to ripple out in the form of green ammonia, and that is an advantage for fuel cell stakeholders like AFC. The company has been collaborating with the Swiss firm ABB on fuel cell technology, and last fall two companies inked a deal for AFC’s high performance “S” Series fuel cell system, which can run on hydrogen or ammonia.
As with Extreme E, part of the ABB plan is to provide for high performance electric vehicle charging in locations where grid connections are slim to none. That does a big favor to electric vehicle marketers, who are trying to convince the car buying public that electric vehicles can be charged up practically anywhere.

Article in Bloomberg this am

https://www.google.co.uk/amp/s/cleantechnica.com/2022/02/21/extreme-e-proves-it-the-fuel-cell-electric-vehicle-charging-station-of-the-future-is-here/amp/

AFC Energy a Buy at Peel Hunt as ‘Tipping Point’ Approaches
By James Cone
(Bloomberg) --
AFC Energy initiated with a buy rating and 195p PT, which represents a more than 470% upside to Tuesday’s closing price, as Peel Hunt cites upcoming “tipping point” for the company’s power generation products.
Peel Hunt analyst Nick Walker says the company has “compelling” competitive advantages from its “unique, highly scalable and economically compelling emission-free, distributed power generation products”
Notes strategic partnerships that AFC Energy has formed with “world-class” companies such as ABB, Acciona and Ricardo
Expects only modest revenue in next 2-3 years before “relatively swift” move to mass deployment of its systems
NOTE: AFC Energy down 31% YTD, closing Tuesday at 34.05p

https://chargedevs.com/newswire/abb-orders-afc-energy-fuel-cell-systems-for-high-power-ev-charging/

It won’t let me Bryony Collins at Bloomberg NEF Posted the article

Hi there must be someone on this chat who has a Bloomberg terminal and can verify my post or Feel free sturmtruper to email or call AFC to verify the note about them , it was repeated 4 times on Bloomberg as a high priority, that’s why I put my first post in here as deemed it relevant and people didn’t seem aware . Please no more accusations that my posts is in somehow incorrect .or will not post in future and share relevant notes that you may. Not normally have access to.

Anything Sturmtrumper !!!?!!? Don’t appreciate comments like that when trying to relay facts

Acciona is another example of that – it wants to decarbonize its construction portfolio worldwide and one of the best ways of doing that is through alkaline fuel cells. We are also working with Mace in the U.K. and some other construction companies.
Q: How are you working with ABB on EV charging?
A: ABB operates and sells rapid EV charge points in 80 countries, and they are starting to find impediments to installing them due to the robustness of electricity grids. There are dozens of service stations in the U.K. where it is uneconomic to upgrade the grid to the level required for rapid EV charging. ABB are seeing this globally. So we are working with them to augment the grid at these places through installing fuel cells at places like logistics hubs, car parks and service stations.
We are working with them to demonstrate the first integrated fuel cell ABB system in 2H 2021, for customer deployment starting later this year. We hope to have commercial orders coming in later this year.
ABB has won the contract to electrify every motorway in America with ultra-rapid EV charging and there is opportunity to deploy our fuel cells there. ABB will likely be our customer and then they will provide the turnkey product to their end-user.
The most expensive stated power price in the U.K. is 0.70 pounds ($1) per kWh for rapid EV charging but we are producing power at a far lower cost than that.
Q: Is it not more effective to charge EVs straight from the grid?
A: Where the grid is available and sufficiently robust (and presumably electrified with renewable energy), then it will generally be the “go to” vector for the electrification of EVs in the UK and Europe. However, we are already seeing numerous cases where the local grid operator is unable to meet local EV charging point demand and so those operators of the charging stations are approaching us to support their EV charge point aspirations.
Q: What about the role of batteries in roadside charging?
A: Batteries are merely a store of energy, whereas fuel cells generate zero-greenhouse-gas power. Use of EV charge points will reach a much higher level where the role of the battery is made redundant by virtue of the fact that the grid will more or less be increasingly charging direct to the car. There, the fuel cell has a role to play in supporting the power available from the grid in order to facilitate ultra-rapid and high utilization EV charging at roadside locations.
Q: What are the main benefits of alkaline fuel cells for off-grid power, which help offset their higher cost compared with diesel generators?
A: It depends how you look at it, because diesel generators have benefited from significant emissions-based subsidies in many countries, although these are starting to be withdrawn.
In the U.K., users of off-highway machinery currently pay fuel duty of just 0.11 pounds ($0.15) per liter. Their state-subsidized diesel is dyed red to distinguish it from the regular diesel on which road users pay

EV Charging May Involve Fuel Cells, Not Grid Upgrades: BNEF Q&A
AFC Energy plans to use fuel cells for EV charging with ABB
Fuel cells can displace diesel generators in construction
By Bryony Collins
(BloombergNEF) --
AFC Energy aims to “augment the grid” by installing its alkaline fuel cells for fast electric vehicle charging at “logistics hubs, car parks and service stations”, where grid upgrades are prohibitively expensive, said Adam Bond, chief executive of the U.K.-based company.
The developer of alkaline fuel cells, valued at 425 million pounds ($570 million) by the stock market, is working with ABB Ltd. to demonstrate the first integrated fuel cell system for EV charging and expects “to have commercial orders coming in later this year,” Bond told BNEF.
AFC Energy is also partnering with Acciona in Spain and Mace Group in the U.K. to demonstrate the use of its fuel cells on construction sites to displace carbon-intensive diesel generators. There is also potential for the technology in shipping and data centers. A key benefit of AFC technology is its use of “lower-grade ammonia fuel”, which is readily available with “existing supply chains” and a “commoditized global price,” Bond said.
The cost comparison between fuel cells and diesel generators depends on how much they are used, because despite fuel cells having a higher capital cost, they are more fuel-efficient and have fewer moving parts so require less maintenance, said Bond. The cost comparison with diesel “will [also] become less relevant” as regulations come in globally to phase out the fossil fuel, he said.
“Batteries will make most sense to deploy for roadside EV charging, but in places where grid expansion is expensive, or takes too much time to get administratively approved, or that have no space for renewables, fuel cells could fill the gap,” said Tifenn Brandily, associate in energy economics at BNEF.
Read the Q&A below.

Adam Bond
BNEF: What technology do you offer and how do you plan to roll it out?
Bond: AFC Energy has been developing alkaline fuel cell technology over the last decade. We aim to displace the diesel generator in off-grid power, in applications such as construction sites and cargo ships.
One of our strengths is our adoption of ammonia as a fuel, which is an excellent carrier of hydrogen and is the second-most produced chemical on earth. There are existing supply chains for it and a commoditized global price. So it does not encounter some of the same challenges as hydrogen.
We aim to work through distributors and partners to deploy our fuel cell into markets such as where ABB is market leader, for example. ABB has a strong presence in EV charging and global data centers [where our fuel cells could be deployed].
Acciona is another example of that – it wants to decarbonize its construction portfolio worldwide and one of the best ways of doing that is through alkaline fuel cells. We are also working with Mace in the U.K. and some other constructi

BBG articleThu 14:35
It said
ABB has won the contract to electrify every motorway in America with ultra rapid EV Charing and there is opportunity to deploy our fuel cells there. ABB will likely be our customer and then the will provide the turnkey product to their end user

That’s I thought was the most relevant part of the article

Not a ramper it’s on Bloomberg if you had a terminal you would see it , it’s in black and white

Has anyone managed to copy the Bloomberg note with AB saying about ABB contract with the USA and AFC supplying the fuel cells
I don’t post much on this chat but am staggered that this is massive news and seems to have Been missed by most

No the Bloomberg artic ale is about AFC role in providing ABB with the fuel cells

It came out on 11 May 2021 was on the Bloomberg terminal notes , I have tried to cut and paste but this chat won’t let me do it , you need a Bloomberg terminal to read it as I can’t find it through google

It say much more about AFC aims to augment the grid by installing fuel cells at logistic hubs car parks and service stations where upgrades are expensive

This is big news

It said
ABB has won the contract to electrify every motorway in America with ultra rapid EV Charing and there is opportunity to deploy our fuel cells there. ABB will likely be our customer and then the will provide the turnkey product to their end user

Bloomberg have been pushing this but seems to have been missed the article is 4 pages long I can copy and paste in this chat