The Motley Fool

AFC Energy (LSE:AFC)

The company is engaged in developing alkaline fuel cell systems that use hydrogen to produce clean electricity. Alkaline fuel cells have been around for some time. First developed back in 1839, they were used to power the US manned space missions, but at that time the technology was too expensive to be commercially-viable. The company is completely focused on developing a low cost fuel cell system. Alkaline fuel cells are among the most efficient with electrical efficiency at over 60% and achieve lower costs through an operating temperature of just 70 degrees centigrade. The lower the temperature, the lower the cost of the materials needed to create a working and reliable electrode and system, so the fuel cell system is being developed utilising low cost injected moulded plastic and rubber sealants.

5.27p 0.00p (-0.07) Price as of 19-06-2019, 03:44:07pm BST


Last updated 19-06-2019, 03:44:07pm BST
Current Price 5.27p
Today's Change 0.00p (-6.8%)
Close Price 5.49p
Open Price 5.20p
Bid 5.22p
Ask 5.98p
Day Range 5.20p - 5.30p
Year Range 3.00p - 8.78p
Volume 70,000
Average Volume 38
Market Cap £ 127,203

Related Articles