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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.
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AFC Energy - (AFC) share price history
Date Open High Low Close Volume
08/05/2024 20.00 21.25 19.51 21.10 4,696,094
07/05/2024 19.50 19.60 18.37 19.60 2,147,243
03/05/2024 18.48 18.82 18.08 18.44 1,221,701
02/05/2024 17.64 18.98 17.64 18.50 660,041
01/05/2024 18.98 18.98 18.00 18.44 476,166
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Data for AFC Energy is end of day only and updates after midnight GMT. Data is gathered from historic databases such as Quandl and other reliable sources, however errors do occur. Please use for information purposes only.
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