Member Info for haggismchaggis1

This is where I believe the Solactive Indexes really help, as they get the AFC Energy name out to the big boys, and when looking at for example the ESG index, many fund managers will check out each company themselves, in case they want to drop any of them (as in their opinion too risky, not developed enough, low capital reserves, high volatility, etc) or put them into other funds they have. This DYOR is what raises awareness of what AFC does and it's potential.

Kev,

My thoughts too. We had an RNS during the day for the Prince of Wales visit, and we could get an RNS during today for something else.

As it's energy day today and EV day on 10th, I'd have thought something to do with off-grid generators would be the most likely (for construction, events, etc).

BB2, maybe this explains why he's often like a broken record harping on in nearly every post about AFC PR and news flow. His circadian rhythm is shot. He needs to get back to a normal sleep cycle, aaaaaaaaaaaaand RELAX!

Halfshell,

It would certainly be good to hear AB has been giving demo's to other leaders that have big EV plans and combustion vehicle bans. It would certainly be nice to see Boris inviting Biden to see the AFC EV Charger.

"Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out in the Paris climate agreement, as an alliance championed by former central banker Mark Carney swells under the gaze of a world increasingly alarmed by planetary warming."

"More than 450 firms representing $130 trillion of assets now belong to the Glasgow Financial Alliance for Net Zero, almost double the roughly $70 trillion when GFANZ was launched in April, according to a progress report published by the coalition on Wednesday. Signatories must commit to use science-based guidelines to reach net zero carbon emissions by mid-century, and to provide 2030 interim goals."

https://www.bloomberg.com/news/articles/2021-11-02/carney-s-climate-alliance-crests-130-trillion-as-pledges-soar

There's going to be a massive amount of money flooding into Hydrogen and renewables stocks and Funds, so it's not a good time to be out of these. Institutional Investors will be loading up big time.

"COP26 coalition worth US$130 trillion vows to put climate at heart of finance"

"Banks, insurers and investors with around US$130 trillion or 40 per cent of the world's capital at their disposal pledged on Wednesday (Nov 3) to put limiting climate change at the centre of their work."

"An announcement made at the COP26 UN climate conference in Scotland commits its signatories to assuming a "fair share" of the effort to wean the world off fossil fuels."

https://www.channelnewsasia.com/world/cop26-coalition-worth-us130-trillion-vows-put-climate-heart-finance-2289021

A one page press release is expected tomorrow from this group.

Oggs, you are so clueless!!

You make out you work in the industry, and come on here talking down my posts simply because it's me posting and you have a massive chip on your shoulder, but yet again I prove you WRONG! Back on filter you go!

Solactive is working with over 450 international clients. Clients are for example financial institutions, such as ETF providers and investment banks. Examples:

Banco Bilbao Vizcaya Argentaria
BNP Paribas
Deutsche Bank
Amundi
Global X Funds
Societe Generale
Van Eck Global
Royal Bank of Canada
Royal Bank of Scotland
UBS
JPMorgan Chase
Morgan Stanley
UniCredit
Credit Suisse
Commerzbank
Goldman Sachs

https://en.wikipedia.org/wiki/Solactive

From the Solactive website you can add Legal & General, Investec, and WIldershares amongst the 450+.

Months? This could well rocket within days or weeks, with the amount of news we are expecting before calendar year end, it's like a powder keg waiting to go off, and with COP26 running I expect a lot of that news will come sooner rather than later.

News flow before calendar year end (the short and sweet version). Some of these have been announced as 'expected' by calendar year end 2021, others are possibilities. One RNS during COP26 so far, and AB is still there with the EV Charger. There could still be a run of RNS through COP26.

Several sales of systems (expected)
S Series 'membrane' FC, full scale prototypes (expected)
FC System delivered to ACCIONA (expected)
FC System delivered to Juelich (expected)
Ammonia Cracker (possible)
Alkaline Electrolyser (possible)
Redox Flow Battery (Alkamem) (possible)
Salt Water Battery (Alkamem) (possible)
Direct Ammonia Anion Exchange Fuel Cell (Alkamem) (possible)
Chlor-Alkali Plant (possible)
Fuel Synthesis system (Alkamem) (possible)

I also suspect the 'too expensive' has nothing to do with AFC's offering, it's politics, basically asking the government for subsidies. MACE have not even tested our Fuel Cell yet, but they signed a deal to roll it out, so it can't possibly be 'too expensive' or they, or Acciona, would never have signed deals..

AFC can use cheap Hydrogen cracked from Ammonia, you can't get any cheaper Hydrogen on this planet. The capex and opex is the cheapest they can get. That is why MACE and Acciona signed deals.

My view is that the ban on red diesel coming in next April is going to really kill of diesel gensets for MACE et al, it is going to price them out of the market vs AFC systems. This is quite likely why MACE have timed their lease from early 2022, it is timed with the red diesel ban.

"Red diesel (gas oil) attracts a rebate of 46.81 pence per litre (ppl), giving it an effective duty rate of 11.14ppl. Whilst, White diesel (DERV) on the other hand, has no rebate, which means a duty rate of 57.95 ppl. Therefore, making a straight switch from red to white diesel would incur an additional expense of 46.81 pence per litre used. This results in five times as much duty as before. This will have a significant impact on costs as well as cash flow for many businesses. This is why now is the time to consider fuel options and alternatives, as well as optimal fuel efficiency for plant and equipment."

"At the same time, construction companies must also contend with a number of challenges including one-off costs in order to stay compliant. These may include the costs of removing or running down red diesel, purchasing additional tanks, vehicles or equipment, sourcing alternatives before the April deadline."

"Furthermore, as both red and white diesel become yet more attractive targets for theft, the high number of vehicles and large stores of fuel at construction sites are coming under particular threat."

https://www.cpsfuels.co.uk/news/red-diesel-rule-changes-challenges-explained-for-the-construction-industry

"From 1st April 2022, many sectors will lose their entitlement to use ‘red’ diesel and rebated biodiesel across a variety of applications – and construction is one of the industries that is most affected. "
https://www.theconstructionindex.co.uk/news/view/the-lowdown-on-red-diesel-rule-changes

Institutional Investors!

I was looking at Solactive today, as they have AFC listed in their Solactive Hydrogen Economy Index NTR, which is used by Legal & General Investment Management for their L&G Hydrogen Economy UCITS ETF fund.

https://fundcentres.lgim.com/at/professional/fund-centre/ETF/Hydrogen-Economy/#Overview

Solactive are an outsourcing company that create Indexes for their Institutional Investor clients to use as the basis for their Funds.

"The development of indices is one of our key areas of expertise. While new indices can be set up based on a client’s existing concept, they’re often the result of a client coming to us with a rough idea, or are based on a concept jointly developed with our client – a highly flexible approach."

I now see that AFC are listed in many other Solactive Indexes, including several other Hydrogen ones. AFC also feature in some ESG (Environmental, Social and Governance) Indexes. What is also very interesting is to see AFC are in some Wilderhill Indexes, such as Wilderhill Clean Ocean Indexes and Wilderhill New Energy Global Indexes.

You can see the full list here:
https://www.solactive.com/?s=afc+energy

Wildershares are USA company
https://wildershares.com/

Have a read of the themes here:
https://wildershares.com/stock.php

Also worth a read
https://wildershares.com/solar.php

The main point here, is that these Indexes will be used by many Institutional Investors, as a basis for their own Funds.

For more than five decades, His Royal Highness The Prince of Wales has been a champion for the fight against climate change and biodiversity loss.

With the Sustainable Markets Initiative, His Royal Highness is gathering a global ‘coalition of the willing’ who share the vision around the need to accelerate global progress towards a sustainable future.

The Sustainable Markets Initiative was launched by His Royal Highness at The World Economic Forum 2020 Annual Meeting in Davos together with a 10-point action plan to kickstart bold and imaginative action across the next decade.

https://www.sustainable-markets.org/

An example of the connections the Prince of Wales has:

"More than three hundred of the world’s leading C.E.O.s and institutional investors have told me …"

https://www.princeofwales.gov.uk/speech/speech-hrh-prince-wales-opening-ceremony-cop26-glasgow

Great to see the news on proactive, with a picture too.

What's the betting that Prince William told Prince of Wales all about the AFC EV Charger, and he just had to see it for himself?

I wonder if we'll get a video from AFC and/or Extreme E of the EV demonstration today? We got a video of Prince William, so maybe one of today's event too.

These chaps have tens of thousands of business and government connections, UK and global, so people suggesting this is not news, are clueless on how big business often works.

They certainly have some places out in the sticks that would need a substation if they wanted to install a rapid charger.

FCI, indeed, we have the Clean Energy session tomorrow, and the AFC system can be demonstrated there. Then we have the EV session on 10th, and it could be demonstrated there too. We also have the several 'side events' where it could be demonstrated.

We also now know for a fact that it has been demonstrated to industry and clients at ALL Extreme E events.

ABB are still in a position to announce the ABB + AFC rapid EV Charger at COP26 too.

The trading update full of information will come, but it's the other potential announcements I think we should be focussing on.

https://www.h2-view.com/story/cop26-afc-energy-demonstrates-its-extreme-e-hydrogen-fuel-cell-generator-to-the-prince-of-wales/

The news today is also emanating from McLaren, and AFC get a mention!!

"His Royal Highness was also able to see a demonstration, given by AFC Energy’s CEO, Adam Bond, of how hydrogen fuelled power generation, an alternative zero emission off grid power source, is being pioneered by Extreme E and all race teams in a world first to remotely charge series electric SUVs in a completely sustainable manner."

https://www.mclaren.com/racing/2021/extreme-e/mclaren-racing-announce-emma-gilmour-as-female-driver-and-reveal-mclaren-extreme-e-livery/

"The series is pioneering hydrogen fuel cell technology which will enable its race fleet to be charged using zero emission energy. This innovative solution from AFC Energy uses water and sun to generate hydrogen power. Not only will this process emit no greenhouse emissions, its sole by-product will be water, which will be utilised elsewhere on-site to minimise local impact"

https://www.dailymail.co.uk/sport/sportsnews/article-10153561/McLaren-unveil-female-driver-COP26-Emma-Gilmour-signs-Extreme-E-series.html

I did point out that the share price shot up right after the last Extreme E race, my guess was that someone HNW at the event piled in at that time. AB today confirms that EVERY event has been used to showcase the EV Charger.

"Operation of AFC Energy's genuinely sustainable clean energy system has been witnessed at each race location by representatives from industry and off-grid power users seeking to address the evolving transition from diesel fuelled power, thereby delivering on Extreme E's aspiration of mixing sport with purpose in order to inspire long term change."

AB may also be at the COP26 side events listed on this page:
https://climatecompatiblegrowth.com/cop26-side-events/

I did point out that the share price shot up right after the last Extreme E race, my guess was that someone HNW at the event piled in at that time. AB today confirms that EVERY event has been used to showcase the EV Charger.

"Operation of AFC Energy's genuinely sustainable clean energy system has been witnessed at each race location by representatives from industry and off-grid power users seeking to address the evolving transition from diesel fuelled power, thereby delivering on Extreme E's aspiration of mixing sport with purpose in order to inspire long term change."

AB may also be at the COP26 side events listed on this page:
https://climatecompatiblegrowth.com/cop26-side-events/