Katherine Roe, CEO at Wentworth Resources talks through the Ruvuma gas development in Tanzania. Watch the full video here.
Old news even though posted today but possibly gives a bit more info ?
Kier and AFC Energy are today announcing a partnership that will see a clean Hydrogen power generator unit, utilising AFC Energy’s new Hybrid Fuel Cell (HFC) technology, being deployed at a Kier construction site in the South West.
The decision to lease AFC Energy’s system is driven not only by a desire to show immediate leadership in the decarbonisation of UK construction sites and improve air quality around urban construction sites but also as a consequence of rising and uncertain diesel costs with geopolitical events impacting fossil fuel prices across the world.
AFC Energy has agreed to source and supply Hydrogen to Kier on commercial terms with support provided to Kier to operate the system daily. The agreement also sets an opportunity for the two companies to explore a longer-term commercial partnership across multiple UK sites and potentially deploy additional fuel cell systems in 2023.
This deployment of AFC Energy’s next-generation HFC system continues to highlight the growing and immediate need for construction and temporary power operators to displace diesel generators with zero-emission power systems as part of a portfolio approach to the industry’s decarbonisation.
Chris Lilley, health, safety, wellbeing and sustainability director at Kier Group, said, “This upcoming trial further demonstrates our commitment to sustainability and finding innovative solutions that will reduce our carbon footprint and help our clients and customers deliver against their targets too.”
Adam Bond, Chief Executive Officer at AFC Energy, said, “Contractors and plant hire businesses are under increasing pressure to reduce greenhouse emissions and improve air quality; we are confident that our hydrogen fuel cells will play an important role in delivering a Net Zero UK construction industry.”
Nick, what a sensible answer, far more believable than Haggis’ 1 in 1 conversion ! He needs calling out and has shown himself up big time yet again, and 3 other plums agreed with him. I’ve managed a pipeline selling leading edge tech to the o&g industry and 1 in 5 was roughly our conversion ratio.
So saying 1 in 3 or 1 in 4 or even 1 in 2 are all likely to be wrong in AFC's case,
Best laugh I’ve had in ages, not only that but at least 2 other con men agree with him. So AFC are going to convert 49 out of the 50 leads, brilliant !
Flabbergasted ! I hope Bond has been all over this.
Greg Jackson, chief executive and founder of Octopus Energy said traditionally at times when demand was high, National Grid would pay large companies to reduce their usage, or pay for "diesel generators to switch on to produce electricity".
He said the new plan, which he hopes will be in place this winter, wasn't "life changing stuff", but would offer households a chance to get paid if they reduced demand on the network.
Yes this has happened more than once over the years, there’s been several misses but let’s see if we’ve got it right this time, having ABB on board and the big construction companies is very different from past failures
Sturm I 100% agree with your sentiment however there are very few councils that share this view and will always go for the cheapest option, things are changing slowly and they need to move much faster, more and more of our planet is becoming uninhabitable either because of extreme heat, or coastal erosion, fires, floods etc yet as long as it doesn’t affect politicians living in their Mayfair penthouses they do nothing.
Sturm, not sure why everyone is always so quick to throw insults, my point is yes diesel generators are more expensive to run as the cost of diesel is now at an all time high but my question remains unanswered is it more or less expensive to run than our fuel cell ? Simple question really.
I’m trying to have a reasoned discussion why the sales that Bond alluded to have not materialised, Heath why do you think we haven’t had sales ? And not the usual arguments’we just need more time’ lol, lots of other companies are doing deals just not us so why ?
For us LTHs we have given them chance after chance after chance and we continue to do so, heaven knows why !
I think this is still our best chance yet, the product looks good, good interest from the construction industry, I’m sure more will join, AFC have made plenty of mistakes along the journey, can we mass manufacture yet, is our warehouse stacked full of power towers ready to be sold, the last few fundraisers were to put goods on shelves.
But what does affordable mean, if I sold my house I could afford to buy a power tower, so it’s affordable, but is it cheaper than a diesel generator, seems not. I think this is the sticking point at the moment, we more than likely finally do have a working product that customers want but it’s still too expensive hence ABs previous comments that to a large degree our success will be driven by government policy, I also think we would be competitive on price using ammonia but customers don’t want to use it and wanted the flex fuel option which makes it more expensive to run so we ended up in no man’s land again.
Well Marley, in the past it’s been due to customers having a negotiated price for cheap electricity, product didn’t work, designed a product nobody wanted, take your pick, there’s a long list of excuses, none are Bonds fault though. Anyone else picked up on how several times now Bond has mentioned the cost curve, how we are at the top of the cost curve, our cost is reducing and diesel is rising and soon there will be parity, ffs years ago he was saying we would be 5c per kW, what happened to that fabrication ? He’s telling us we’re not getting any sales because we’re too expensive even with diesel at £2 a litre, you couldn’t make it up.
The next few weeks will tell, if the deployments are successful we should know fairly soon and then they’ll be placing orders which would be the next logical step ! Plus all the orders Bond announced that we should have had end of last year, it really is now or never.
When proactive lady said I expect you’ve got a really busy 2nd half of the year, bond said they’d had a really busy first half, I would call not delivering anything you promised busy, with the energy markets as they are now we shoutbe getting Keir style enquiries daily but we’re getting about one per half year.