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Dirk Graszt, CEO, Clean Logistics SE

Dirk Graszt
CEO | Clean Logistics SE
Trettaustr.32, 21107 Hamburg (DE)

info@cleanlogistics.de

+49-4171-6791300

Interview Clean Logistics: Hydrogen challenge to Daimler + Co.


Matthew Salthouse, CEO, Kainantu Resources

Matthew Salthouse
CEO | Kainantu Resources
3 Phillip Street #19-01 Royal Group Building, 048693 Singapore (SGP)

info@krl.com.sg

+65 6920 2020

Interview Kainantu Resources: "We hold the key to growth in the Asia-Pacific region".


Justin Reid, President and CEO, Troilus Gold Corp.

Justin Reid
President and CEO | Troilus Gold Corp.
36 Lombard Street, Floor 4, M5C 2X3 Toronto, Ontario (CAN)

info@troilusgold.com

+1 (647) 276-0050

Interview Troilus Gold: "We are convinced that Troilus is more than just a mine".


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
ISIN: NO0010081235 , CA26780A1084 , US35952H6018


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:

27. October 2021 | 14:53 CET | by Carsten Mainitz

Enapter, Plug Power, Ballard Power - This is the future!

  • Hydrogen

In 1875, Jules Verne wrote in his book "The Mysterious Island": "Water is the coal of the future. Tomorrow's energy is water that has been broken down by electric current. The elements of water thus decomposed, hydrogen and oxygen, will secure the earth's energy supply for the unforeseeable time." The visionary was right. For a successful energy transition, we need hydrogen solutions. Mass production is increasingly within reach for many companies, but most companies are still in the red. Who will be ahead in the future?

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27. October 2021 | 11:03 CET | by André Will-Laudien

NEL, Clean Logistics, Ballard Power, FuelCell Energy - Hydrogen in the third wave!

  • Hydrogen

The hydrogen hype is entering its third wave. The price increase of fossil fuels increases the pressure to switch to alternative energies and new propulsion concepts. Governments around the world have therefore decided on rapid decarbonization. For the EU, the resolutions were already passed in 2020. In the USA, Joe Biden has now extended his environmental package to USD 1.5 billion. The market will decide whether battery or hydrogen technology will play a greater role here; the only important thing is quickly releasing the funds to finance the upcoming research projects. 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 occur without any negative environmental impact.

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26. October 2021 | 10:31 CET | by Stefan Feulner

Nel ASA, First Hydrogen, Nikola - Fully on schedule

  • Hydrogen

Time is pressing. From 2025, stricter emission targets issued by the European Union will apply, which gasoline and diesel engines will not meet. Due to the energy transition and decarbonization, carmakers globally are turning to battery-powered electric cars. However, electric mobility is unsuitable for transportation due to its short-range and long charging time. Here, the advantage currently lies very clearly with fuel cell technology.

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