Member Info for mucksy

Since the announcement of its final results for the year ended 31 October 2019 on 28 February, the Company has continued discussions with potential customers in anticipation of commercial deployment of its products.

The Company believes that had there been sufficient fuel cell systems manufactured and available for deployment in advance of contracts this would have simplified commercial negotiations and customer decision making.

The Company is focussed on scaling up its manufacturing capability and internal technical support across engineering and manufacturing teams to meet the needs of potential clients.

Wish this was a correct report by morning star. AFC Energy PLC - hydrogen power generation technology developer - Plans to raise GBP30 million in placing and subscription. To issue 187.5 million shares at 21.4 pence each. AFC Energy said: "The net proceeds of the fundraising will be used to support the continued development of the company as it moves from the development phase of its products and technology into the manufacture and commercialisation of them."

Yet again the ii are privy to whats going on .Some such as schroders will have no doubt been given a nod and a wink some may say insider trading can't happen but I'm sure there are ways and means Can't see them investing other wise .If it was a long term investor then it could of been done off the book .

The below is a link were it mentions afc 106 page document on zero emission shipping

https://www.google.com/url?q=https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/815667/economic-opportunities-low-zero-emission-shipping-technical-annexes.pdf&usg=AFQjCNHnnuZDGmafAW8FlHNL6hAEWV-K5Q

The AFC technology is still
under development and AFC
Energy is mainly involved in
demonstration projects rather
than commercial sales.
These projects are mainly
stationary with 10kW stacks
to create up 1MW systems.
AFC technology could be
used in a maritime application

Yes that was original link .Have you looked at my link i just posted

I think was it https://gow.epsrc.ukri.org/NGBOViewGrant.aspx?GrantRef=EP/T009233/1

Why do people keep posting about Itm .They were founded 19 years ago and have only recently started to attract attention.

Daz were in the piece you have copied and pasted does it says in the short term .so why should there be any expectations .De nora are testing others have bought samples .Cant see were the negativity is coming from .

What a bunch of whingers .Nice update as far as I'm concerned. Third parties testing shows there is interest in it .Remember it's a billion pound a year industry.

Re options .You don't actually have to exchange money you can actually do a buy sell option .

Totally agree anthansius. I have worked through out the pandemic. Last saturday my family and i ordered food and drink from a local bar on hull marina .we biked there sat in the sun ,It felt so good to actually get out there .Then on sunday we drove to the coast had a bike ride then some fish and chips .Hopefully if the weather is nice again i will be doing something similar again.

Does Roman still hold shares in velocys

storage today, to develop the hydrogen infrastructure we need.

Britain’s gas networks have presented their proposed solutions to addressing the technical and operational questions associated with our ambition, setting out our plans to answer those questions through the £904m of investment in our new Gas Goes Green Zero Carbon Commitment. We just need the Government put the right polices in place, so that the energy regulator, Ofgem, can give us the green light to get going.

That package of investment will support the development of the carbon, capture and storage clusters around the country that will help get our hydrogen economy off the ground. That includes £391m of investment in engineering and design work for carbon, capture, utilisation and storage projects in the north-west of England, Aberdeenshire and the Isle of Grain.

We want to connect more hydrogen and bio-methane generation projects, transport refuelling stations, and ensure network operators have the right systems in place to manage the gas used by those connections. So we have proposed investing £264m in projects that will cut across all of these areas.

And we want to invest £150m in running more, world-leading domestic trials of hydrogen heating, cooking and transportation appliances, to ensure that people and businesses can choose those that best fit their needs.

Finally, our pathway to create the world’s first zero carbon gas grid rests on blending an increasing amount of hydrogen with natural gas, over time. That’s why we’ve proposed £44m of investment in projects to understand the best way to do that.

A major opportunity exists for the UK to be at the front of the international hydrogen race. Let’s use the economic recovery from Covid-19 to make the decisions necessary and give hydrogen the green light to do that.

As we edge closer towards the government’s mini-budget in July that will set out its economic recovery plans form Covid-19, the energy sector is turning up the volume on the role that hydrogen should play as part of that. And that includes Energy Networks Association through its Gas Goes Green programme.

We’ve seen a spate of major commitments from the German, Portuguese and Dutch governments in the last few weeks as part of their own responses, all making clear their ambitions to develop their own hydrogen potential. Now is the time to ensure that here in the UK, we’re not left behind.

We are in a strong starting position in many respects. Not only has the UK taken an early leadership position, but the very fundamentals of our gas grid provide a strong basis on which we can act on to build the world’s first zero carbon gas grid. 85% of properties are connected to 284,000 km of gas pipelines in Great Britain, making it one of the most extensive in the world. We are now one of the world’s superpowers of renewable energy, with a leading offshore wind sector that has ambitious growth targets which create huge opportunities for green hydrogen production. And the liquidity of our gas markets mean we stand in good stead to take advantage of hydrogen export opportunities when they arise.

What’s important is that the government’s economic response to Covid-19 capitalises on that, by investing to address the technical and operational questions associated with building a hydrogen economy. The best response to those questions is not to simply prevaricate in answering them, but to seize the opportunity to do so.

New research published by Energy Networks Association shows just how investment in a hydrogen economy today will pay dividends in the long run. If we kick-start the £182bn of investment that’s needed to create a zero carbon gas grid using hydrogen, then the country will be a net beneficiary of that investment in 2045, five years ahead of our 2050 net zero target and saving the economy £89bn compared to our current, natural gas based system.

Read more: £900m net zero infrastructure plan proposed by Britain’s gas networks

Read more: Gas Goes Green: Decarbonising the UK’s gas grid with hydrogen

What’s more, that research shows that there is no realistic scenario whereby the UK is able to achieve net zero carbon emissions by 2050 without blue and green hydrogen playing a key role in the decarbonisation of large emitting sectors such as industry, transport, power and heat. Green hydrogen is projected to play a significant role in achieving net zero from 2025, and is expected to become cost-competitive with natural gas by 2030 if investment into its uptake is made now by policymakers.

However, it will unable to meet 2050 demand in isolation. It is expected to become more cost competitive with blue hydrogen in 2045. That’s why it’s important that we also invest in developing blue hydrogen through carbon capture utilisation and storag

Garrone .I copied and pasted it 9.08

I said the same about a b after the interview, Seemed to have a smug look on his face .Unless he had just recieved his rarther high pay packet

Thyssenkrupp has announced plans to increase the annual production capacity of its electrolyzers to 1 GW, following the German government’s launch of a new Covid-19 stimulus package that includes directives to build a hydrogen economy.

According to the government’s plan, the country should reach a total electrolyzer capacity of 5 GW by 2030, with another 5 GW to be deployed in the following five years.

Thyssenkrupp manufactures its electrolyzers with De Nora, its strategic supplier and joint venture partner, in premade standard modules. One module is able to generate up to 4,000 cubic meters of hydrogen per hour.

The German industrial conglomerate said the modules can be easily transported, installed and interconnected to different plant sizes, ranging up to several hundred megawatts. It said the plants are very responsive, so they can be used to stabilize the grid. The patented design of the electrolysis cells enables high system efficiencies of up to 80%, it added.

Hydrogen is used as a clean energy source and fuel, but also as a CO2-neutral raw material for the production of green chemicals. As a specialist in the planning and construction of chemical plants, Thyssenkrupp believes it is ideally positioned to implement complete value chains, starting with the large-scale production of hydrogen through to the production of sustainable basic chemicals such as ammonia and methanol.

“Only green hydrogen opens the way to climate neutrality for energy and resource-intensive industries, such as fuel, chemical or steel production,” said Christoph Noeres, head of Thyssenkrupp’s energy storage and hydrogen division. “This requires GW-scale water electrolysis.”

However, Noeres acknowledged that this will not be possible without a new regulatory framework and fair market opportunities for green hydrogen.

“In addition to the further expansion of renewable energies, the focus is in particular on adapting the levy and pay-as-you-go system and offsetting the CO2-reducing effect of green hydrogen in the target markets,” he said.

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RALPH DIERMANN

More articles from Ralph Diermann

rd@energie-journalist.de

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As i also said yesterday there are some other interesting finds on the site some still on going some that have already been studied also one that gives insight into amonia ,all with afc and others such as Siemens