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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%Nov 20 4:00 PM EST

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To: Haim R. Branisteanu who wrote (37830)1/24/2000 8:05:00 AM
From: flatsville  Read Replies (1) of 99985
 
Haim--

You wrote:>>>Until they find a way to produce very cheap hydrogen their future is limited.<<<

You're right. Back in 1997 before I made my first Ballard purchase I spent a great deal of time contemplating the creation of a "true" hydrogen infrastructure for PEMs. It is years away, but entirely possible.

The most promising method is sea water hydrolysis using solar PV cells...very clean, very doable as the PV technology improves. I saw a web site on a Saudi sea water demonstration project some time ago (and unfortunately did not save the url.) Face it, they got sun, sea water, sand and oil...If oil use drops off they better discover a use for those other resources.

In the interrum hydrogen reformers will come into play. Methanol will probably become the fuel of choice for vehicle based PEM fuel cells. FCL's units will find commercial applications....Of course none of this justifies the insane valuations on FC and related stocks.

>>>Unless natural gas will be priced cheaper per BTU, than coal or oil I do not see a lot of fundamental gains in energy production versus the modern gas turbines who got up to 60% efficency.<<<

Again you're right. I don't see any net gain in energy production anytime soon myself or even within my liftime for that matter. Still environmental concerns will keep the industry moving forward.

Re: ceramic engines. Who are the players?

TIA


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