Acceleware Ltd V.AXE

Looks like AXE has larger competitors

[JeffreyS]

Looks like AXE has larger competitors in the torquise hydrogen space:

https://www.suncor.com/en-ca/news-and-stories/our-stories/hydrogen-the-clean-energy-element
https://www.greencarcongress.com/2022/07/20220705-fortisbc.html
https://www.power-technology.com/sponsored/commercial-scale-methane-pyrolysis-the-key-to-carbon-negative-hydrogen/
https://eh2.com/
https://monarch.energy/about-us-1
https://monolith-corp.com/methane-pyrolysis
https://www.luxresearchinc.com/blog/technology-landscape-key-players-in-methane-pyrolysis/
https://www2.deloitte.com/nl/nl/pages/energy-resources-industrials/articles/venture-capital-betting-on-hydrogen.html
https://www.pv-magazine.com/2022/10/11/the-hydrogen-stream-hy24-closes-worlds-largest-clean-hydrogen-infrastructure-fund/
https://iea.blob.core.windows.net/assets/c5bc75b1-9e4d-460d-9056-6e8e626a11c4/GlobalHydrogenReview2022.pdf
https://fuelcellsworks.com/news/
https://arcticstartup.com/vestas-ventures-invests-in-hysata/
https://hysata.com/

[JeffreyS]

I wonder if Hysata's Electrolyser is as energy efficient as AXE's and if it might compete with AXE. https://www.rechargenews.com/energy-transition/worlds-cheapest-green-hydrogen-start-up-with-ultra-efficient-electrolyser-to-develop-pilot-factory-after-securing-29m/2-1-1270403

[JeffreyS]

Here are some companies with Electrolysis technology turning fossil fuels into Torquise hydrogren: Working with Suncor Now: https://www.greencarcongress.com/2022/07/20220705-fortisbc.html https://hazergroup.com.au/ https://majorprojects.alberta.ca/details/Suncor-ATCO-Hydrogen-Project/4438 Other Important Players: https://monolith-corp.com https://hysata.com/ https://eh2.com/technology/

[JeffreyS]

I wonder how competitive AXE is now in the Hydrogen from Fossil Fuels Sector. It appears a number of other companies are getting substantial venture capital and others are already working with SUNCOR. Look, - AXE is my favorite company and a major holding now, but I wonder if the Turquoise hydrogen market isn't getting very competitive, very fast!

[Cavest]

I trust the fact that the microwave is intermittent compared to Hazer Group (reactor at 900 degrees). It will be interesting to follow the cost and operating cost in future.  We should expect news with a major Grant for a project with Aurora in the next couple of months (my opinion). Maybe the Grant will be in Aurora but it will give us a heads up. Hydrogen production from the Aurora

[ukrop13]

This post has been removed in accordance with Community Policy

[Whampoa]

Aurora H2 claiming their microwave pyrolysis consumes 35 MJ energy to produce 1 kg of H2. Their claim was published ~ 2022-03-23 which was before the 2022-09-07 MOU with AXE Aurora timeline fits: Already raised +$1MM from strategic industry partners and government matching Raising $10MM (Q1/Q2) to fund 200 kg H 2 /day demonstration plant (early Aurora raised the USD$10mm in August. 

[L.A.]

35 MJ = 9.72 KWH or 41.5 KWH  = 149.4 MJ