Member Info for Daz9643

1

Transparent categorisation and strategic direction

Balfour Beatty’s ‘fuel hierarchy’ clearly ranks fuels based on their environmental impact, moving to less preferred options only when better alternatives have

been explored. The UK needs a similar approach for hydrogen, with a clear system to categorise different hydrogen sources and consistent emissions

factors for each different production method. This will help us understand which hydrogen sources are truly sustainable. We must also decide whether to focus

on importing large quantities of hydrogen, producing it locally on a smaller scale, or a combination. This decision will be crucial in shaping investment and development in the sector. See page 3 for more information about Balfour

Beatty’s fuel hierarchy.

3

Safety guidance

Due to hydrogen’s high flammability and tendency to leak, having thorough safety standards in place is crucial to prevent accidents and keep workers safe.

This guidance should address safe storage, handling procedures, and emergency protocols specifically for hydrogen. Well-defined regulations will not only ensure

that safety measures are followed but also build confidence in hydrogen’s use, paving the way for its wider adoption in the industry. We have used the experience from our hydrogen trials to develop our own technical procedure on

hydrogen deployment, which we have shared with the Health and Safety Executive (HSE), with the aim of contributing to the development of industry-wide standards. See page 5 for our case study on Pioneering safe

hydrogen deployment.

2

A hydrogen fuel levy

The supply of green hydrogen - produced from renewable sources - is inconsistent. For hydrogen producers to meet growing demand and remain viable, supply must increase in line with industry needs. The unreliable availability of hydrogen gas is also an obstacle to the widespread adoption of hydrogen vehicle retrofits, which are crucial for cutting our reliance on diesel. Our suggestion is a commercial enabler, such as a hydrogen fuel levy, to make

hydrogen economically viable and a practical alternative to diesel. This could include providing subsidies or incentives to reduce costs and promote infrastructure development, similar to the UK’s Carbon Price Support under the

Climate Change Levy, which effectively reduced carbon emissions by raising the cost of fossil fuels. We also need a clear roadmap for investing in hydrogen infrastructure, outlining incentives for building more hydrogen refuelling stations to help decarbonise heavy goods vehicle fleets. See page 4 for our case study

on how Balfour Beatty is Accelerating adoption on the M77 / Glasgow South

Orbital contract.

We’re committed to leading the way in adopting hydrogen technology.

Our focus is on using hydrogen on our sites, showcasing its benefits, and driving innovation across our supply chain: but overcoming the challenges will take a united effort from everyone in the hydrogen ecosystem

Yes both the same Kenneth Trotter, AFC fanatic, otherwise known as StateTheFibs and UnconstructiveNews

No, they have modules supplied by intelligent energy.

Don’t click on CNs links, they contain viruses.

There, just made another £100 for this post according to MD 😂

Our cracker was never compared to a competitor but simply,

The European Parliament asserts[2] today's electrolysers require between 50-55kWh/kg of hydrogen produced - suggesting AFC Energy's ammonia cracker will deliver distributed modular hydrogen at < 1/5th of the power demand of an equivalent sized electrolyser.

So more meaningless drivel from Bond.

Reality, 90% cheaper than other crackers, but that is not what the article is saying.

Ah JBCo, the newbie who announced last week that a floor had now been set under 10p and loaded up, and who is now underwater, welcome to the trapped AFC shareholder club.

You’re not comparing like with like reality

Most of us were aware that the V1 was a prototype and not designed for manufacture, so one question would be why bother applying for CE marking - did this actually happen ?

The V2 is materially different that CE marking would need to be applied for again for the new unit. Maybe this is why revenue from ABB was deemed not a priority but hopefully Bond hasn’t destroyed trust in AFC. The TAMGO visit will have been to see the new V2 but more importantly to meet the new CEO and CFO and I’m sure with their track record of actually have run successfully previous companies TAMGO will have gone away feeling positive towards the new relationship.

No MD, I frequently post new relevant information when I find it 😁.

It was a pleasure to visit AFC Energy Dunsfold facility and collaborate on strategic plans for the MENA region. Exploring their latest advancements in hydrogen power solutions, including the H-Power S+ 200kW Gen2 line, reinforced the exciting innovations shaping the future of energy.

At TAMGO - The Machinery Group LLC. our mission is to push the boundaries of innovation while delivering exceptional customer experiences. We believe in challenging conventional norms and developing solutions that blend creativity, efficiency, and reliability. As the energy landscape evolves, we remain committed to integrating cleaner technologies while ensuring practical and adaptable solutions that meet the diverse needs of our customers.

By focusing on what we can control - efficiency, reliability, and customer-driven innovation - we continue to create value for our customers, employees, partners, and communities.

Thank you John Wilson for your hospitality. Looking forward to strengthening our collaboration and shaping the future of energy together.

Most of the ducks have wandered off or died of old age

He’s only said May because June would be middle of 2025, so in his weasely eyes, May is early 2025 - it isn’t ! And he also has no evidence to suggest when they will be delivered.

To me that statement suggests both will happen in early 2025, otherwise you would say design in early 2025 for sale later in the year. Another statement deliberately written to mislead.

That new ramper that turned up last week with 4 or 5 aliases told us this share had bottomed at 10p so I’m surprised to see 9p today 😂. Oh hang on, I said myself this would be back to 8-9p this week, I hate being correct.

AFC Energy will design and sell its S Series fuel cell modules packaged specifically for Niftylift, based on its next generation S Series architecture, in early 2025.

What are peoples thoughts on the definition of ‘early 2025’ ? And why wasn’t revenue from Niftylift even mentioned during the investor meeting ?

Caterpillar teamed up with Microsoft and Ballard to power data centres, a market Bond was targeting, we even had 2 ex caterpillar sales guys ! Bond was toxic, he failed at every turn.

Reality, they’ve got 80 tankers ! We’ve got one.

The cost of running a diesel generator on a construction site is about $2.04 per liter compared to an equivalent cost for hydrogen at $2.96 per liter. Contractors are sensitive to these fuel costs, as they compound the cost of renting the HPUs themselves.

Despite this, Barney said interest in hydrogen fuel and HPUs is slowly growing.

“One hundred years ago, there were no gas stations in this country,” he said. “But within a very short period of time, there was a petrol station on virtually every corner, in every street, every community. There was a tipping point that came where people needed that energy requirement.”

Barney added that the GeoPura model allows the company to more effectively commercialize hydrogen so that it can continue to develop the infrastructure and supply chain.

Capital. The company also raised another $28 million in debt funding last September. That money will be used to grow GeoPura’s fleet of HPUs to 3,600 by 2033, the company said.

GeoPura also manufactures its own hydrogen at sites across the UK, and the company said some of that funding will help expand its production capacity. GeoPura said it produces about six metric tons of green hydrogen per week at its Nottinghamshire and Yorkshire sites, which it delivers to HPU customers via a fleet of 80 tankers. Barney said GeoPura hopes to have even more sites throughout the UK.

“We’d like to see a whole network of small-scale electrolyzers in the short to medium term,” he said. “But we’re very much aware of what other players are doing in this space, as well, with much larger projects.”

The HPU Landscape

GeoPura is not alone in its mission to deploy HPUs. EODev is a French spin-off from the Energy Observer floating laboratory, the world’s first vessel able to produce decarbonized hydrogen from seawater. EODev sells its GEH2 power units to customers such as rental companies United Rentals, Loxam and Kennards Hire.

An AFC fuel cell generator supplied to its rental joint venture with Speedy Hire. (Photo: AFC Energy)

An AFC Energy fuel cell genset in the colours of rental partner Speedy Hydogen Solutions, (Photo: AFC Energy)

Then there is AFC Energy, based in the UK, which said it had $33.5 million worth of orders for its 30kW HPUs in 2024. This included orders from global contractor Acciona as well as a sales agreement with Middle Eastern heavy industry distributor TAMGO. AFC Energy also has supply arrangements for its 50/50 joint venture with Speedy Hire.

Many traditional equipment OEMs are also capitalizing upon interest in such products. In April 2024, for instance, Hitachi Energy announced a partnership with Swedish fuel cell system maker PowerCell Group to develop the Hyflex hydrogen fuel cell gen-set.

Later in July, Yanmar Energy Systems announced a fuel cell power generation system. The company said it started taking orders for the system in September.

Finally, Caterpillar recently announced a collaboration with Microsoft and Ballard Power Systems to validate the use of hydrogen fuel cells as backup power options for data centers.

Barriers to Adoption

The adoption of hydrogen equipment is often hampered by the availability of fuel. 2024, for instance, saw the failure of many projects around the world aimed at producing green hydrogen.

Additionally, hydrogen fuel cell-driven equipment tends to be a chicken-and-egg story. Hydrogen producers are reluctant to increase capacity because they are uncertain of the market size, while OEMs are hesitant to build fuel cell-driven machines because they worry about the availability of fuel.

As discussed, GeoPura gets around this by producing its own green hydrogen. Nonetheless, barriers to adoption remain. One such hurdle is cost.

According to GeoPura’s Barney