REG - AFC Energy Plc - EA allows AFC to sell hydrogen produced by cracker

AFC EnergyAnnouncement

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RNS Number : 4059T  AFC Energy Plc  18 February 2026

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AFC Energy Plc

 

18 February 2026

AFC Energy Plc

("AFC Energy" or the "Company")

AFC Energy permitted to export and sell its own low carbon hydrogen, produced
from its pilot ammonia cracking plant, following revision of permit from the
UK Environment Agency

AFC Energy (AIM: AFC), a leading provider of ammonia based low carbon hydrogen
production and hydrogen-to-power solutions at a commercially viable price
point, is pleased to announce the agreement by the UK Environment Agency to
revise AFC Energy's Research and Development permit for the export and sale of
low carbon hydrogen produced from the Company's pilot ammonia cracking plant
to hydrogen off-takers.  This accelerates revenue generation by AFC Energy
from low carbon hydrogen production by a number of months.

 

This revision, agreed by the Environment Agency, evidences the significant
progress AFC Energy has made in producing ISO 14687 grade D (99.97% pure
hydrogen) in volume and the robustness of our internal safety protocols and
procedures.  It also provides further flexibility in the timing of the
relocation of the Dunsfold pilot cracking plant as the training of operatives
in a live environment can now be conducted at Dunsfold.

 

AFC Energy continues to work with its Joint Venture ("JV") partner, Industrial
Chemicals Group Ltd (ICL), to establish hydrogen production, through multiple
Hy-5 ammonia cracker units from AFC Energy (each capable of producing up to
500kg of hydrogen per day), at ICL's facility in Port Clarence,
Middlesborough. The JV is engaged with the UK Environment Agency at both local
and central levels to create a framework for future deployments, across the
UK, of AFC Energy's future Hy-5 units through accelerated permitting.

 

The pilot ammonia cracker site at Dunsfold is capable of producing up to 300kg
of hydrogen per day in its current configuration.

 

John Wilson, CEO of AFC Energy Plc, commented:

"We are delighted to have agreement from the Environment Agency to enable the
export and sale of our own low carbon hydrogen produced from our ammonia
cracker at our Dunsfold facility.  This accelerates revenue generation for
AFC Energy, from hydrogen production, by a number of months."

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 AFC Energy Plc                                                 +44 (0) 14 8327 6726

 John Wilson (Chief Executive Officer)                          investors@afcenergy.com (mailto:investors@afcenergy.com)
 Karl Bostock (Chief Financial Officer)

 Peel Hunt LLP - Nominated Adviser and Joint Broker             +44 (0) 207 418 8900

 Richard Crichton / Georgia Langoulant / Emily Bhasin

 Zeus - Joint Broker                                            +44 (0) 203 829 5000

 David Foreman / James Hornigold (Investment Banking)

 Dominic King (Corporate Broking) / Rupert Woolfenden (Sales)

 DGA Group - Financial PR and Communications Advisors           +44 (0) 7747 113 930

 James Benjamin / James Styles                                  +44 (0) 7510 385 554

                                                                afcenergy@dgagroup.com (mailto:afcenergy@dgagroup.com)

ABOUT AFC ENERGY

AFC Energy Plc is a leading provider of ammonia-based low carbon hydrogen
production and hydrogen-to-power solutions. Our market-leading decentralised
ammonia cracker and fuel cell generator products are engineered to unlock the
low carbon hydrogen market by meeting customers' needs with scalable, reliable
supplies of low carbon hydrogen and power. AFC Energy is enabling customers to
decarbonise at a price that is commercially viable.

 

We are focused on the successful commercial rollout of our core product suite
and on creating significant shareholder value by converting our growing
opportunity pipeline into contracted orders and delivering sustained revenue
growth.

 

Our core strategy is to develop and deploy products that enable the production
of scalable, reliable supplies of clean hydrogen at commercially viable prices
and without reliance on government subsidies or incentives. AFC Energy
achieves this through our proprietary, decentralised and modular ammonia
cracker technology, and providing low carbon, off‑grid power solutions with
our fuel cell generators that are competitive with, and capable of displacing,
diesel generators on a total cost of ownership basis.

 

The Company's modular, decentralised ammonia cracker systems have production
capacities of approximately 0.5 and 4 tonnes of hydrogen per day respectively.
These enable the generation of scaled volumes of low carbon hydrogen at the
point of use within a highly compact footprint. Our systems have the potential
to drive substantial revenue growth across a wide range of addressable
markets, including hard‑to‑abate industrial facilities, transportation and
power generation applications.

 

AFC Energy's fuel cell generator systems are currently offered with generation
capacities of 30 kW and 200 kW. They are well-suited to off‑grid,
decentralised and temporary power applications, including the displacement of
diesel generators on construction and infrastructure sites. Further use cases
include electric vehicle charging for cars, buses and trucks, as well as
charging of battery‑powered non‑road machinery, with additional emerging
opportunities in maritime, data centre and rail applications.

 

AFC Energy is listed on the London Stock Exchange's AIM Market and
headquartered in Dunsfold, Surrey, UK.

 

Please read more on our website https://www.afcenergy.com/
(https://www.afcenergy.com/) and follow us on LinkedIn
(https://www.linkedin.com/company/afc-energy/)

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