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Breaking news! dynaCERT announced yesterday morning that the management of Verra (the only global certification body for carbon credits under the Verified Carbon Standard (VCS)) has approved DYA’s concept note. It includes securing so-called carbon credits through the use of DYA’s patented HydraGEN™️ and HydraLytica™️ telematics technologies on a global basis. Once again, this demonstrates dynaCERT’s firm commitment to maintaining Canadian leadership in the new hydrogen economy while partnering with high-level industry leaders like Verra.
Verra’s signing of the concept methodology is a critical hurdle that has now been cleared. It moves certification into the next phase, which is expected to take 2-4 months. Once certified, dynaCERT would be unique in that its systems would be used to directly account for CO2 emissions reductions via an installed and certified record. Thus, a transportation company is put in a position to be reimbursed directly by its local government for the credits, a significant cost-cutting factor in this margin-challenged industry. At the current price of USD 50 per ton of carbon saved, a single truck can generate up to USD 3,000 in carbon credits per year. Under dynaCERT’s pricing model, the credits would be split 50/50 between the user and the licensor. Assuming 100,000 units were on the road with the certified standard, this provides USD 150 million per year in recurring revenue for dynaCERT.
We assume that the market will closely follow which orders of magnitude dynaCERT can now sell on the market. Rumors have been swirling around dynaCERT for some time now, so we expect further concretization of operational tie-ups in the coming weeks, which will further promote the market penetration of dynaCERT technologies. Suppose one compares the share price movements of Nel ASA, Fuelcell Energy, Plug Power, or Ballard Power with dynaCERT. In that case, it is surprising that the last-mentioned Company, in particular, can demonstrate available solutions that can also be converted into sales within a very short time. Surprisingly, however, big money is still flowing into the big names because this is where the subsidy stream from the new US government is likely to hit directly.
Conclusion: dynaCERT currently has a stock market value of CAD 280 million – in contrast, Plug Power is priced at over USD 30 billion – that’s a factor of 100. You don’t have to be a math genius to see where the huge opportunity lies!
PLUG POWER – HYDROGEN MAKES DREAMS COME TRUE
The conviction that the transport and tourism industry generates the most significant adverse climate effects is not new. Most hydrogen companies have plans to address these issues as soon as possible. The shipping industry is slowly switching to LPG propulsion for newly built ships to banish heavy oil polluting from the world’s oceans. The only thing missing are the prominent shipowners, who are still happy to run their fleets according to the old standards as long as the operating permits allow them to do so.
dynaCERT can quickly provide a remedy in the transport industry. Plug Power and Nel ASA are taking the same approach and focusing on direct remedies for individual vehicles or entire fleets. When pure H2 propulsion is ultimately available depends on the outcome of the test operations in public transport, it is precisely here that the systems’ safety is being extensively tested. Plug Power currently still sees diesel as a popular fuel in almost all transportation areas – on water, on the road, on rails, or in the air. There are also smaller applications such as emergency generators for industrial plants, mobile communications technology, hospitals, power plants and buildings.
What they all have in common at the moment is the conviction that electric drives will not be able to replace diesel in the transportation sector; only hydrogen would be able to do that. The weight of the batteries alone for long distances would be many times greater than the hydrogen required. It is more than questionable whether a Plug Power share should be valued with a 1,400% price gain for this reason.