Member Info for haggismchaggis1

Full EV's took 17.7% of the UK car sales in February, up 196.3% on 2021 February sales.

Full EV sales are expected to rise in March too, as the Model Y was only available for part of Feb and will be a whole month of sales in March.

Despite only having part month sales, the Model Y was still the 4th best selling car in February, with the Model 3 in 5th.

I wanted to see what the ratio was for petrol vs BEV and diesel vs BEV (ignoring the PHEV and Hybrid cars), and here it is:

Diesel 3,922
Petrol 23,952
Fully Electric 10,417

30.3% BEV vs 69.7% Petrol
72.3% BEV vs 27.7% Diesel

It is clear to see people are moving away from dirty petrol and diesel, and into cleaner vehicles, with BEV nearing the inflection point of the hockey stick curve, where uptake accelerates massively. This year and next year are going to be huge for BEV uptake IMVHO.

IWTO,

I can't see Methanol catching on in shipping, Ammonia is much better where shipping is concerned.

Have a read of this, especially the info from about halfway down, 'Fuel properties and features'.

https://lloydslist.maritimeintelligence.informa.com/LL1138730/Fuelling-a-low-carbon-future-with-methanol-as-a-marine-fuel

Excellent! Nice find Kev! :)

Now people have it stated as fact that AFC's systems are way cheaper TCO than PEM, so people do not need to concern themselves with every system that peers sell, as our day will come, in a big way.

ITM have a lot of projects, a big backlog of orders to complete, and a huge pile of cash to get things moving. They also pop up with news quite often in such situations as we have right now. With Hydrogen now considered a necessity instead of a possibility, orders are likely to be falling on the mat very regularly. That is why I bought some this morning.

Hydrogen On Track To Become A $1 Trillion Per Year Industry

Mar 03, 2022

As the world races towards cleaner energy, hydrogen is emerging as a potential winner.

Some analysts are predicting that the hydrogen market could be worth $1 trillion per year by 2050.

To reach this $1 trillion a year estimate, hydrogen would have to occupy around 15 percent of the global energy market.

New reports suggest that the hydrogen market could be worth $1 trillion per year by 2050 as it becomes viewed as a vital energy source in the transition from fossil fuels to greener alternatives. With greater numbers of energy companies and governments investing in hydrogen projects, it could form a major part of the energy mix in the coming years. Hydrogen is expected to be worth a fortune in the future if investment trends in the energy source continue.

https://oilprice.com/Alternative-Energy/Renewable-Energy/Hydrogen-On-Track-To-Become-A-1-Trillion-Per-Year-Industry.html

"we confirm that EVRAZ has sufficient liquidity and technical ability to pay dividends at the moment, however we cannot guarantee that this will be the case going forward."

They say they have the ABILITY to pay it but don't confirm that they WILL pay it, so they can still cancel or defer the dividend anytime between now and the Ex Dividend date of 10th. "liquidity and technical ability " are not the only factors that come into such a decision by the BoD, risk of being suspended/delisted is another.

https://www.irishtimes.com/business/markets/london-stock-exchange-suspends-27-companies-with-russian-ties-1.4817519

Staggers80,

The HFC does not accept Ammonia, the chemistry is different to the S Series, so it accepts Hydrogen and in the future (once AFC have integrated a suitable reformer/cracker) will accept Hydrogen from Methanol.

From the RNS:

"The "S" Series AEM fuel cell continues its development path, accepting both direct hydrogen and green ammonia as a hydrogen carrier as its primary fuel source"

"The HFC affords similar energy density to the AEM "S" Series, but in addition to direct hydrogen, will also accept hydrogen from Green Methanol (but not ammonia) - a fuel also under strong investigation as an effective carrier of hydrogen"

FC and H2 stocks a bit out of favour after their recent big bounce. Profit taking I guess, as there's nothing specific in the news on this front.

AFC -9.2%
CWR -6.8%
ITM -7.2%
PPS -7.1%

BE -4%
BLDP -5.8%
FCEL -5.8%
PLUG -5.9%

First out of the gate with good news should do well, as they would be bucking the trend.

I can do better tips than Ade!! ….

I'll tell you what's going up next week!! ….

Hydrogen balloons!!

IWTO,

I agree with you that S Series and HFC should be celebrated. Any advance in technology that increases it by a factor of 4x or 5x (in our case power density) should be celebrated as a great achievement. Also, being able to offer Methanol as another fuel choice should be celebrated.

Way back as far as 2009 I was e-mailing Alkaline Membrane development news items to AFC, and I'm really glad they developed their own to the point of commercial viability.

Here's the first news item I sent them, way back in 2009, surprisingly the link from my e-mail is still working:
https://www.prlog.org/10315402-alkaline-fuel-cell-membrane-delivers-promise-of-affordable-fuel-cells.html

RE: "I certainly wish the company would do something to change the narrative, because right now it’s allowing the vacuum to be filled with tales of woe. Come on AFC, say something."

AFC will have looked at their list of clients queued up for systems and worked out which ones would still be fine with an L Series (those with no space issues, simple). They would also have determined which ones would benefit from an HFC on lease now (any amount of space restriction, simple).

So the question they will already have asked themselves is: "do we still have a big enough demand for the L Series to warrant building L Series systems, or do we drop it and give those clients an HFC now, followed by upgrade to a Methanol or Ammonia high density system when those are ready"

The answer to that should undoubtedly be passed to shareholders in the Final Results RNS IF the L Series is being dropped, if the L Series is going to continue as an AFC product then there will be nothing to tell shareholders. Currently the L Series is still available as a product on the AFC Website, until AFC say otherwise, the L Series is STILL a product that AFC are selling.

….. unless they provide links to useful factual information that is of benefit to investors.

Where there's a will there's a way, as they say, so logistically it could be done, albeit with a lot of time and effort by everyone involved.

If you think AFC should do it, go to their contact page and send them the suggestion.

https://www.afcenergy.com/contact-us/

News at 7am could change it in a big way, in either direction.

Peter Sellers! :-D :-D

It looks to me like there is a 50,000 seller and a 25k buyer in the market today, so here is the list of those trades, trade values, and totals.

50000 17613
50000 18245
50000 18276.5
50000 18328
50000 18550.5
50000 18681.5
50000 18750
50000 18788.5
50000 18848
50000 18950.5

500000 £185,031.5




25000 8714.5
25000 8794
25000 9000
25000 9147
25000 9147
25000 9247
25000 9367
25000 9372.25
25000 9375.5
25000 9396.25
25000 9412.75
25000 9478.25
25000 9491.75

325000 £119,943.25

Mucksy,
Q: "who you calling knuckle draggers"
A: People who drag their knuckles, obviously!

This is for all the numpties that make baseless claims that AFC can't be compared to CWR, ITM, PPS, BLDP, BE, FCEL, PLUG, etc.

Here is a broker note for Enapter, where the broker declares the following:

"Valuation
Our valuation of Enapter is based on a DCF model as well as a peer group model. We acknowledge, that the DCF model is appropriate to reflect the long-term prospects of the company as well as of the hydrogen market. However, it should be kept in mind, that it will likely take some years before Enapter will achieve sizeable revenues and related earnings.
In addition to the DCF model, we use a peer group valuation. There is a significant number of listed companies with a very similar business model as Enapter and a strong focus on the hydrogen market. These provide in our view a good basis for a relative valuation."

In the Peer Group Model the Broker has included from my list above: AFC, BLDP, FCEL, ITM, PLUG, and also included Aker Clean Hydrogen AS, Green Hydrogen Systems A/S, McPhy Energy SA, and NEL SA. It's up to each broker which companies they choose to compare with, bas as is clearly evident, AFC IS compared to it's peers by Brokers, including putting Fuel Cell and Electrolyser manufacturers into the same 'Hydrogen Economy' pot of Peers.

https://enapterag.de/wp-content/uploads/2021/08/H2O-Enapter-Initiation-Research-Pareto2021-08-18.pdf

https://paretosec.com/what-we-do/brokerage

I rest my case, and hopefully the numpties will accept it and stop making false claims on this subject whenever I post Peer Comparison MCaps. Also I hope that EVERYONE now accepts that Peer Comparisons ARE done by Brokers and ARE therefore valid to post on here.

Persimmon results RNS today:

"We recognise our important role in helping the UK achieve its climate change targets and ambitions. That is why we set stretching targets, accredited by the blue-ribbon Science Based Targets initiative. As part of a broader suite of commitments we have made pledges to have net zero carbon homes in use from 2030 and net zero operations from 2040. We have already taken action, switching all our offices and manufacturing facilities to 100% renewable energy last year. We have also introduced electric vehicle options into our car fleet and are investigating options to reduce our diesel use, including through alternative fuels trials for our construction plant and equipment."

Climate change Risk assessment:

"Operationally, the Group has introduced electric vehicle options into its fleet, is now purchasing 100% renewable energy for its offices and manufacturing facilities and continues to investigate methods of reducing the Group's red diesel consumption and increasing the use of alternative fuels."

https://www.investegate.co.uk/persimmon-plc/rns/full-year-results/202203020700032885D/

Prince William, Bill Gates, Boris, etc.

https://www.linkedin.com/pulse/cop26-reflection-innovators-work-urgency-vaitea-cowan?trk=portfolio_article-card_title

I have identified the Electrolyser AFC are using at Extreme!! It is an Enapter 2.1.

Look at the video, at 6m 44s and there is the stack of Electrolysers.

https://www.youtube.com/watch?v=jirODdHgYVs

As you'll see, it is an Enapter EL 2.1, the 2020 model.

https://www.enapter.com/newsroom/enapter-reveals-new-electrolyser-el-2-1

And here is the full image of it:

https://handbook.enapter.com/assets/img/EL21_image_1.004749ad.png

What is very interesting about the Enapter is that it is an Alkaline Membrane one, and thus has potential to use AFC's Alkamem Membrane.

Enapter have just released the version 4.0 and already have 400 orders for it. I suggest reading the following articles and working out where this could go, bearing in mind it's quite possible they are one of the companies testing Alkamem, as their Electrolysers are the same technology as Alkamem, and AFC are clearly connected with them.

https://www.prnewswire.co.uk/news-releases/enapter-simplifies-green-hydrogen-production-with-new-one-size-fits-all-electrolyser-849848583.html

https://www.rechargenews.com/energy-transition/hydrogen-electrolyser-maker-enapter-wins-prince-williams-1m-earthshot-prize/2-1-1083898

mucksy,

I didn't call anyone for not going electric, I said they would be left behind, and that includes car manufacturers too, if they want to be left behind, and many do, then that is their prerogative.