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Technology Stocks : FCL - FuelCell Energy

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To: Zeuspaul who wrote (86)	12/10/1997 7:49:00 AM
From: Sid Turtlman	of 407

Zeuspaul: The reason I am so enthusiastic about the hybrid technology is that it eliminates a lot of the hurdles you mentioned about pure battery powered vehicles. The fact of the matter is that an internal combustion engine is efficient and clean at highway speeds. It is moving the car from zero to 20 or 30 mph that uses up the fuel and dumps the pollutants into the air. While a pure battery powered car could do it all, you then end up with the infrastructure problem--recharging stations, etc. The hybrid eliminates that problem because the gas engine charges the batteries as you are driving above the speed where they kick in. The infrastructure problem is severe with fuel cell powered cars, unless the work being done on gasoline reformers is successful. (By that I don't mean, do they work?, but can they work cheap enough?) Otherwise someone is going to have to pay to have methanol or hydrogen tanks installed in massive numbers before people will want to buy the cars, a classic chicken-and-egg problem. Over on the Ballard thread yesterday I posted a link to the story in the current issue of Business Week about the hybrid that Toyota put on sale last week. Worth reading.

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