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AFC Energy PLC

AFC Energy looking to be commercially valid and viable by end of 2017

Adam Bond, chief executive of AFC Energy plc (LON:AFC), caught up with Proactive's Andrew Scott on the back of their recent quarterly update.

Bond says that initiatives undertaken by them and their partner De Nora have the potential to slash the cost of hydrogen power.

Electrodes with two-year operational lives, against one year now, are now in view, he said, with a line of sight to a four-year economic operational electrode life.

A newly designed fuel cell stack without solid nickel substrate frames, now demonstrated both at laboratory scale and industrial scale with improvement in stack performance  has also reduced stack costs by up to 30%.

Quick facts: AFC Energy PLC

Price: £0.05

Market: AIM
Market Cap: £20.16 m
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