AFC Energy achieves further breakthrough in ammonia cracking efficiency
February 28, 2024 at 06:26 am EST
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AFC Energy PLC (AIM:AFC, OTC:AFGYF) CEO Adam Bond joins Proactive's Stephen Gunnion with details of its latest advancements in ammonia cracker reactor technology.
After launching its first modular scalable ammonia cracker at COP28 last year, Bond said AFC Energy had achieved world-class efficiency levels in ammonia cracking technology well ahead of schedule. This development is pivotal for the sustainable production and transportation of hydrogen.
AFC Energy's approach proposes manufacturing hydrogen in regions with low energy costs, like the Middle East, and transporting it as ammonia to areas where energy is more expensive, such as the UK and Europe.
The latest advancement in the technology facilitates a 33% reduction in electrical power consumption compared to the 2023 design, with expectations to reduce energy usage to below 10 kilowatt-hours per kilogram, positioning AFC Energy as a leader in the market.
The company is on track to further reduce energy consumption within the next 12 months. Discussions and visits from major global producers of green and blue ammonia indicate strong commercial interest, with revenue expected from 2025.
AFC Energy is scaling up its next-generation technology and aims to finalize the commercial module size, resembling a large washing machine, within this calendar year.
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AFC Energy plc is engaged in the development of fuel cell and fuel processing technology and equipment. The Company provides a flexible range of hydrogen fuel cells and hydrogen carrier fuel conversion technologies for organizations in need of affordable, flexible, clean off-grid power, such as those in construction, electric vehicle (EV) charging, shipping and data centers. Its technology products include H-Power Tower - S Series fuel cell inside and L Series fuel cell generator. Its technology products under development include H-Power Generator - S series fuel cell inside, H-Power Generator - S+ series fuel cell inside, Ammonia cracker - ammonia to hydrogen solution and Methanol Fuel Tower - methanol to hydrogen solution. It offers a range of optional support solutions to accompany its products. It develops fuel cells and related technologies for industrial applications. It focuses on sectors, including maritime, construction, data centers, outdoor events, EV charging and rail.