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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.

3.00p 0.00p (0.02) Price as of 18-04-2019, 08:00:02am BST

About

Last updated 18-04-2019, 08:00:02am BST
Current Price 3.00p
Today's Change 0.00p (1.7%)
Close Price 3.25p
Open Price 3.30p
Bid 2.90p
Ask 3.50p
Day Range 3.21p - 3.30p
Year Range 3.13p - 8.32p
Volume 141,075
Market Cap £ 127,203

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