Member Info for banaman

Just not sure I am getting this SP. Must be one of the best buy and hold value shares on the FTSE 100. If it went to zero the dividend would pay the SP back if dividend reinvested in about 7 to 8 years.

Barnacles, I assumed hydrogen would be the dangerous substance. I agree with you however, AFC are not playing at this.

As they have already said, they will be purchasing off the shelf items which can include all components manufactured by specialists. They will just assemble.

What is important is that AFC have been working to obtain all the necessary CE marking. This was mentioned a while ago. It has clearly been considered and covered. The fuel cell system will be packaged equipment and will require definitely ATEX and for the fuel storage probably PED for the vessel dependent on volume and pressure.

It's actually DSEAR which includes both ATEX and PED

If you own the carpark and it's a private business I would say no planning required as its no more than a shipping container I.e temporary.

Has he gone yet ? I was enjoying the banter.

Klunk, so EV’s are not charged in a ten foot container. Can you imagine. What a fool. Loosing credibility all the time with some of the poorly thought out comments.

In regards to power demand at The supermarket

13thMonkey, great answer

BMac, why mention about planning etc etc when that was in fact not what you mean. In regards to growth timelines the off grid EV charger market is global. Not forgetting that it is not just EV chargers that are of interest. We are just starting with that. If it is cost competition that you are now going down the road of then please tell me why Ceres power have MCap of 4x plus that of AFC but cannot turn a profit. The cost of the AFC fuel cell was one of the major objectives and has been designed to be the lowest cost option. This is the customer benefit and the reason to buy AFC.

BMac, your still missing the point. We are talking off grid EV charging. Why would it even be comparable to on grid where this is not a feasible option. The current fuel cell designed is being sold predominantly as a replacement to diesel and back up power replacement. Larger systems for static application are not a replacement for providing power as you suggest to EV chargers , they will be the power supply to EV chargers but on mass generation. It has been stated that the cost of power can be as competitive as CCGT. If designing a container ship you would just design it to generate electric power from a fuel cell powered by Ammonia rather than a dirty diesel engine. Still requires design but will not be any different in cost, safety etc than designing for the engine it would replace. I really think you are missing the point.

The point is, why run a vehicle on hydrogen when you can charge a battery. Why run electric or hydrogen pipeline to a remote location whe you can provide power through an AFC by using stored ammonia. Your reasoning is completely floored. There will always be room for direct to grid EV charging but currently there is a huge gap for off grid EV charging. Motorway services may have power but to wire in additional EV charge points may present an issue. In comes Rolec with the off grid EV charger.

There are also humans driving around with fuel cell powered cars. Filling up on hydrogen to provide fuel for power. In fact I believe waitrose have a hydrogen filling station in the north west. I will try and find a link.

BMac, you really are a fool if you think AFC have not considered how to store and transport hydrogen within the system. Hydrogen does embrittle steel but requires much higher pressures than would be required from storage or transportation. Leave this to the experts. There are too many desk top engineers with using Google to research and create opinions. AFC have been working with hydrogen for a very long time and have been working with leading experts in chemistry and metallurgy. I think they have got this covered.

Also.

www.hydeploy.co.uk

BMac. You miss my point. However, the existing gas infrastructure does run pretty much everywhere as well as the electric. Regardless, that is not the point. I am not suggesting that the EV charger has hydrogen piped to it. I am pointing out that hydrogen can be contained safely and does not present a problem. There are existing infrastructure projects currently operating with a hydrogen blend. The reason it is not 100% hydrogen and only 20% is to avoid the need to change appliances such as boiler and cookers. I have posted reference to these projects on here before. Here it is again

www.hynet.co.uk

There are also plenty of other across Europe.

The hydrogen economy is coming. We should be supporting business like AFC.

The point of the AFC EV charger is to avoid the need for permanent installation of electrical supply. It is for off grid charging. Construction sites, carparking, festivals. The list goes on. The fuel cell only provides the power the EV charger. Same system can also be used to replace diesel generators. There is such a big thing about hydrogen storage. It really is no more difficult than storage of gas or fuels. Many of the issues with EV charging being on grid are access to a reliable power supply. Wih the AFC EV charger there are no issues. Don't just think UK think global market. EV charger market alone is massive. Then we have generator replacement, power for transportation such as trains, shipping etc. Ideal solution is the high density power fuel cell system. AFC have the lowest cost options in the world. Keep bashing. I would like to buy more but want to get below my average. Potential here is massive. The AlkaMem licensing is also another massive Avenue for revenue. Just mind blowing potential.

BMac, Europe are keen to pipe 100% hydrogen through the existing distribution networks. Why do you think it would be such a problem when storage of the gas or liquid will be to approved standards? What is your issue here ? You clearly are not an engineer ? Do you think that AFC would develop these solutions over such a long period without considering infrastructure and storage ?

And if it reaches 12p I will buy more.