Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Certainly not a signed, sealed, delivered package. Needs to be viewed in the whole, that the Norwegian ‘consortium’ have studied various options to reach a target zero emission marine fleet. They acknowledge the need to put in place an infrastructure for the long-term. That AFC and ammonia have reached AiP can only be positive. It will allow for the strategy to progress, and may well represent a blue-print for other nations to transform shipping pollution.
Plenty of big names in the consortium, and big money at stake which may hasten development. The recognition of AEM and ammonia in such a major project is big news for AFC, and shows that AFC’s tech can be, and is, part of the green revolution.
The transition to a hydrogen economy is underway, albeit at a measured pace, and the supply of fuel may be the factor that is guiding decisions. Pure 5x9’s will probably not become the cheapest and most readily available fuel, green, blue or grey. And it may have its niche in car fuel.?
The likes of Mace, Acciona, Altaaqua, etc in the diesel gen market may have recognised the USP that AEM/AFC offer, and focusing on cost and reliability of supply and storage of fuel for what will be a constant and growing demand.
That key factor could lead to the L-series first use, as the means to realise best practise during the diesel phase-out, with improvements in efficiency for the L-series in time, or the S-series option.
The L-series has a place right now, and first movers may gain an advantage.
Thanks money, very good to know Ricardo are still in the mix. Quite possible they could add something to the ‘Norwegian’ enterprise.
Er, assume you meant “no brainer” CUV.! There are an awful lot of planes and trains though.!
in this marine related news.? …maybe that Ricardo are concentrating their efforts on RAIL or AERO.!
Now which is the biggest market.?
What d’wolf just described makes sense. There will be any number of possible combinations of different size containers available to meet requirements. Of which there are 2 or 3 variants, the FuelCell at a certain power, the fuel supply, and, or not, an ammonia cracker. How much space, and the cost comparison, will compressed H2 need versus ammonia storage plus cracker.?
“200kW in a 10ft” is one thing, fuel storage is another container, a cracker another. So maybe the L-series in a 40ft is not a problem when combined with another 40ft containing a cracker and fuel storage.?
And of course the S and L may carry different price tags.? Rekon the S.v.L will present an option to customers.
is so significant to AFC, as much that it isn’t to PEM. So any major projects, plans, to establish an ammonia based fuel infrastructure can only help the cause.
A systematic ammonia supply and storage at ports, could create the conditions that AFC’s AEM FuelCells then also generate power to the port related land based operations, and then further still, to the local community.?
The acknowledgment that a hydrogen infrastructure is required and that might be designed around ammonia storage, could present a blue-print for so many other uses beyond maritime.
Still much more info to come, not least any detail of the plans in place to combine a cracker.
Thanks Klunk, on the ball as usual.!
Would that suggest that the decision has been made to move forward with ammonia as the preferred option over compressed hydrogen.? The Norwegian govt accepts the need to invest in the hydrogen infrastructure, and by developing ammonia as the fuel of preference that could open up other markets to AFC.
and Norway leading the way again. Only slightly surprised not to see Ricardo on that list of collaborators, as it seemed their partnership with AFC would be to address exactly this opportunity.
Power to cargo shipping.! That’s got to be a very big market.! Ammonia and AEM chosen to lead the way.! Competition will be some years behind.!
Well done and thanks Hmch, that is most encouraging. Now we know that the S-series is what the market wants, AlkaMem could well be that much closer.? In the broker notes, they have never directly put a value on AlkaMem as a part of the 180p fair value. Just the L-series info to get us more up to date.
Maybe EQT one of the rare blues today.! otherwise red across the board. Probably just as well no AFC update today.!
Thank you Chucky.
Might have been run by S&P (Standard and Poor), as memory serves it was in ‘commercial new technology’ category. Any the wiser.?
Nice one Scarpa.! …and a full list of all FuelCell relevant equipment on-board.!
Impressive research Croq, don’t know why I had Tuesday down as being more regular for RNS’s, fair point that any day can be a news day. The bottom line is that the market expects.
Having read the update of 3/11/20, more than reasonable to have anticipated more news-flow this year. It is what it is, and news will be released when ready simple as.
(will look back in at bb with news.)
2 delayed trades of 50,000 reported just after 10am today from Friday. Both around 58p. Average volume today, buys 1m.v.0.6m sells. Could see a rise with that trend on anticipation of news Tuesday.
cham, yes that was quite some statistic.! Unfortunately we do not know the equipment that produced that amount of power, although yes to your question the L series is most likely available for diesel gen replacement.
wk1: 22-26 Nov; wk2: 29-3 Dec; wk3: 6-10 Dec; wk4: 13-17 Dec. Agree, not much expected from the 20 Dec until next year.
wk 22-26 Nov, 29-3 Dec, 6-10 Dec, 13-17 Dec. Agree, not expecting anything from 20 Dec.
Sharing the frustration of the lack of the anticipated news flow of this second half of 2021, as we enter the last 4 trading weeks of the year. Only ‘comfort’ is that Tuesday has historically been a favourite for AFC to release news.
Incredibly, having followed this for quite a while, prepared for don’t know what the next will be.! Maybe ‘all’ will be clear very soon.