Climate change has been described as the defining issue of our time.
The 2015 United Nations Climate Change Conference (COP 21) in Paris led to 195 countries adopting a universal, legally binding global climate deal that aims to keep “the increase in the global average temperature to well below 2°C above pre-industrial levels and to pursue efforts to limit warming to 1.5°C”.
It is now the role of industry and Governments to best determine the policy and implementation strategy necessary to deliver on these ambitious targets.
In full support of the energy transition subscribed to in Paris, the Hydrogen Council was launched in 2017 at the World Economic Forum in Davos, representing a coalition from industry which sets out to:
Key measurable targets set by the Hydrogen Council for 2050 demonstrate the scale of opportunity that now resides within the global Hydrogen Economy:
AFC Energy, as a Supporting Member of the Hydrogen Council, alongside its other members, policy makers and regulators, is fully supportive of the important role hydrogen will play in the decarbonisation agenda.
As the leading provider of alkaline fuel cell solutions, AFC Energy is at the vanguard of energy transition and will be a key enabler in achieving the goal of a zero carbon emission economy.
Hydrogen is an important and abundant carrier of energy whose conversion into electricity through a fuel cell dates back over a 100 years.
The fuel cell sector and hydrogen economy has been challenged on two key fronts to bring this clean energy vector to market: the grade of hydrogen necessary for effective fuel cell operation is often measured as Ultra-Pure Scientific Grade (99.999% H2) and comes at a significant price; and the loading of precious metals present in the fuel cell electrode has often made for a very expensive catalytic conversion of hydrogen into electrons.
Each of these characteristics directly affects the affordability of power produced from hydrogen.
The AFC Energy H-Power technology platforms successfully addresses both of these issues, translating into one of the lowest cost fuel cells in the market today.
Backed by the world class leader in electro-chemistry, Industrie De Nora S.p.A, AFC Energy’s patented Alkaline Fuel Cell affords the flexibility of using low grade hydrogen streams (in some cases measured as low as 75% when cracking ammonia) with the opportunity to displace precious metals either entirely or to a greater extent than alternative fuel cells in the market today.
Critically, this can all be achieved without a loss in performance and efficiency.
After a decade of research and development, AFC Energy is now bringing its H-Power technology platforms to market, establishing an emissions free solution to the world’s energy challenges.
Chairman and Non-Executive Director
YEAR APPOINTED – 2017 John brings a wealth of public markets and energy market experience to the Board of AFC Energy.
Chief Executive Officer
YEAR APPOINTED – 2014 Adam has over 18 years’ experience operating within the international energy sector both in executive management positions for listed energy companies, and in advisory capacities to both Governments and the private sector.
YEAR APPOINTED – 2017 Joe Mangion, a Chartered Accountant, brings to the Board over 20 years of operational experience within the environmental services and alternative energy sectors, including five years as an institutional investor and over five years as an independent consultant.
Chief Operating Officer
YEAR APPOINTED 2017 Jim has almost 30 years’ experience in operations management and business development roles within the engineering contracting sector.
YEAR APPOINTED – 2019 Gerry Agnew, is regarded as one of the world’s leading experts in the field of fuel cell technology and systems following an esteemed career at both Rolls-Royce and LG Fuel Cell Systems Inc. Before joining the Board of AFC Energy, Dr. Agnew served as Senior Fellow on the Rolls-Royce Council of Fellows, attending the Group Chief Technology Officer’s Technology Strategy workshops with the Group CEO.Dr. Agnew spent seven years as Chief Technology Officer and Chief Technology Advisor to LG Fuel Cell Systems Inc and prior to this, Chief Technologist of Rolls-Royce Fuel Cell Systems, Executive VP Engineering at Rolls-Royce Fuel Cell Systems and Chief Engineer Fuel Cell Systems at Rolls-Royce.
AFC Energy is based in Surrey, England.
Unit 71.4 Dunsfold Park
Tel +441483 276726
Registered in England, company number 05668788
Registered office: Unit 71.4 Dunsfold Park, Stovolds HIll, Cranleigh, Surrey GU6 8TB
Date incorporated: 09/01/2006
AFC Energy plc
Mc Peat & Co
020 7104 2334
Nominated Adviser and Joint Broker
Cantor Fitzgerald Europe
1 Churchill Pl
Solicitors to the Company
Memery Crystal LLP
165 Fleet Street
+44 (0)20 7242 5905
Auditors and Reporting Accountants
Grant Thornton House
Melton Street, Euston Square
London NW1 2EP
+44 (0)20 7383 5100
Financial Public Relations Consultants
020 3697 1209
PO Box 1075
020 8676 2600