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Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG

Dr. Thomas Gutschlag
CEO | Deutsche Rohstoff AG
Q7, 24, 68161 Mannheim (D)

info@rohstoff.de

+49 621 490 817 0

Interview Deutsche Rohstoff AG: "We can imagine additional investments in the field of electromobility."


Steve Cope, President, CEO and Director, Silver Viper

Steve Cope
President, CEO and Director | Silver Viper
1055 W Hastings St Suite 1130, V6E 2E9 Vancouver (CAN)

info@silverviperminerals.com

+1-604-687-8566

Interview with Silver Viper: Future price drivers and takeover fantasy


Karim Nanji, CEO, Marble Financial

Karim Nanji
CEO | Marble Financial
1200-1166 Alberni Street, V6E 3Z3 Vancouver (CAN)

info@marblefinancial.ca

+1-604-336-0185

Interview with Marble Financial: Fintech innovator plans expansion into the US


08. April 2021 | 09:42 CET

Nel ASA, dynaCERT, FuelCell Energy - Hydrogen, the second wave!

  • Hydrogen
Photo credits: pixabay.com

The hydrogen hype is entering its second wave. The reason is undoubtedly the current draft resolution of the Joe Biden package in favor of the global climate goals. This package contains an investment sum of several hundred billion US dollars to lower climate damaging emissions. The market will decide whether battery or hydrogen technology will play a greater role here; the only important thing is that the funds for the start of the research projects are released quickly. Time is pressing because the pandemic has put many industries on the sidelines. The transport industry, in particular, depends on the sale of goods, and in the future, this should take place without any negative environmental impact.

time to read: 4 minutes by André Will-Laudien


Sebastian-Justus Schmidt, CEO and Founder, Enapter AG
"[...] Why should a modular electrolyzer cost more than a motorcycle? [...]" Sebastian-Justus Schmidt, CEO and Founder, Enapter AG

Full interview

 

Author

André Will-Laudien

Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

About the author


Nel ASA - Entry into the Canadian market

Canada is one of 31 countries worldwide that have recognized the vital role of hydrogen in the energy transition towards a sustainable economy and have cemented it in support programs. Canada's government has already set clear climate targets with its hydrogen strategy, published in the "Climate Action Plan." The aim is to decarbonize entire sectors of the economy that could not become climate-neutral without hydrogen. These include heavy-duty transport, logistics vehicles, trains, freighters, buses and transport vehicles.

Together with its associate Everfuel, Nel ASA presented its plans to expand Norway's H2 refueling infrastructure. But that is not to be the end of the story, as NEL will also take a stake in an H2 fueling station chain in Quebec. The client is an old acquaintance: HTEC. The new filling stations are scheduled to come online in the second quarter of 2022. This project significantly expands the existing collaboration between HTEC and Nel ASA by expanding HTEC's network of hydrogen refueling stations in Canada and Quebec. NEL's state-of-the-art hydrogen refueling stations allow hydrogen vehicles to be refueled safely and quickly in less than 5 minutes. NEL has extensive experience in H2 refueling technologies and defined clear expansion goals throughout North America.

NEL shares recently managed to turn back up under EUR 2.15, reaching EUR 2.65 earlier this week. After a 20% increase in a few days - the comeback seems to be on.

dynaCERT - Transport logistics can become cleaner

Whether Joe Biden's billions will also reach Canadian dynaCERT depends on the relevance of the solutions for the US market. That is where dynaCERT can deliver because their systems for CO2 reduction are developed directly for the big logistics players on the highway. To understand the size of the market, let's look at the statistics. The number of professional over-the-road truck drivers in the US increased by a handsome 10% between 2010 and 2020, to 1.80 million. Since these drivers do not operate just one vehicle, the corresponding number of trucks and buses is likely 70% higher.

When it comes to quick and pragmatic solutions, as is the case with NEL, dynaCERT can also deliver immediately. The Canadians have on-site technology for combustion optimization with hydrogen, specifically for heavy-duty diesel vehicles. The HydraGEN system, with a switchable power supply, has already been used in several Canadian small towns, such as Woodstock City. Direct hydrogen supply optimizes combustion by up to 19% for a manageable wholesale price of around CAD 6,000 per system. Considering acquisition costs of over CAD 200-250 thousand for a new truck, this is a perfectly justifiable investment.

With HydraLytica, dynaCERT already has the appropriate telematics software on board to officially measure the CO2 savings and document them for the responsible environmental authority. Thus, the fleet operator receives credits in CO2 certificates - a nice reward for green business.

The DYA share has been on the market for some time at around CAD 0.54. The general correction in hydrogen stocks cost a few percent here as well. However, at the lowered level, one should grab it now because there should still be surprising developments for 2021.

FuelCell Energy - The first wave of correction has rolled through

FuelCell has a long history of negative cash flows and dilutive capital raises. It has been trying to roll out a profitable strategy in the fuel cell market for years. Now it is focusing on commercializing new technologies such as hydrogen generation and carbon capture. Still, based on the numbers at hand, the Company is overvalued.

So is it faith and hope in the upcoming breakthrough? FuelCell Energy is per se an overhyped fuel cell stock that has been burning money since 1992. The Company is perennially cash flow negative and even has negative gross margins. There has recently been a new CEO who has implemented a new strategy in 2020. Some interesting projects have been named, but what is missing is the industry's consistent willingness to invest. Again, people are squinting at the Joe Biden billions for a green planet, but the line of waiting is so extensive that even for FuelCell, only a tiny morsel will fall.
Still, from a multi-year view, the product strategy remains just too opaque. FuelCell has had hydrogen production on its agenda for more than a decade and has not yet been able to offer any real mass solutions. Overall, it is unclear whether FuelCell has any strategic advantage at all over other hydrogen companies.

Meanwhile, some of the competition is moving forward in leaps and bounds. Nel ASA and Bloom Energy, for example, have recently set an ambitious cost target for the hydrogen they will produce, making their stories more predictable. Arguably, the only reason FuelCell is still around today is because of its continuous capital raises. Most recently, the Company raised USD 128.8 million in additional cash in December. We have had the stock on our radar for some time - a 50% plunge in 2 months is analytical confirmation.


Author

André Will-Laudien

Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

13. April 2021 | 10:04 CET | by Stefan Feulner

Nel ASA, dynaCERT, Everfuel - What is next for hydrogen stocks?

  • Hydrogen

Without a doubt, hydrogen will remain one of the most exciting topics on the capital market in the coming years. If the current German government has its way, Germany will become a global pioneer in using new types of climate-friendly hydrogen energy. Berlin is thus pumping a total of EUR 9 billion into this industry of the future. What happens after the correction? Do the sharply fallen values turn upward again, or do you continue to reduce the inflated valuations? And are there alternatives?

Read

30. March 2021 | 08:12 CET | by Stefan Feulner

Nel ASA, Enapter, Nikola - hydrogen shares on the verge of a comeback!

  • Hydrogen

The hype surrounding hydrogen companies was abruptly curbed on the stock markets by sharp price falls in recent weeks. In some cases, the stocks' price, which had previously been running hot, fell by more than half. A healthy, strong correction in the upward trend. The goal of creating a carbon-free economy, especially in the energy sector, can hardly be achieved without green hydrogen technologies. Thus, the profiteers of this trend will continue to expand their valuations in the future.

Read

24. March 2021 | 07:26 CET | by Carsten Mainitz

Siemens Energy, Enapter, ThyssenKrupp - hydrogen or battery? It doesn't matter! Why these companies will profit in any case!

  • Hydrogen

The strong fluctuations in the price of hydrogen shares are evidence of the current war of faith surrounding our planet's most common element, which is also the simplest in structure: one proton, one electron. Perfection can be so beautifully simple. And yet, it has the potential to change our society from the ground up - the sun shows us how. Admittedly, we are still at the beginning of this development. In the short term, the focus of the capital market is more on the element's practical applications. In this context, many investors are looking at the topic of mobility. What will prevail? Batteries? Hydrogen? One possible answer was recently given by the VW commercial vehicle holding Company Traton SE: a Solomonic "both." Batteries for long-distance traffic, hydrogen for buses, which cannot be recharged for long periods in between. But hydrogen is also of great importance for many other areas of application. That is why the worldwide demand for hydrogen as an energy carrier will increase massively in the next few years in any case. Aurora Energy Research foresees an eightfold increase in hydrogen demand to 2,500 TWh per year by 2050. This estimate corresponds to annual sales of more than EUR 120 billion. The following companies are likely to benefit from the boom quite independently of the development of electromobility.

Read