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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 3.550-3.0%3:59 PM EST

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To: HarveyO who wrote (1830)3/13/1998 5:29:00 PM
From: HarveyO  Read Replies (1) of 5827
 
Another article from Fortune Magazine ÿ ÿ ÿ ÿ

March 30, 1998

Fuel Cells for Times Square

A new office tower the Durst Organization is putting up in New York's heart is packed with environmentally friendly features, including two fuel cells that will supply 400 kilowatts of juice to light up the building's signs. Built by ONSI Corp., a joint venture of United Technologies and Toshiba, the units incorporate reformers that extract hydrogen fuel from natural gas.

Priced at a costly $3,000 per kilowatt (partly offset by a $1,000 federal subsidy), ONSI's phosphoric acid-type fuel cells make sense only where extreme quietness or ultrastable electrical output are primary concerns. If their price fell to $1,000 per kW, makers of diesel generators would start worrying. In pursuit of this goal, ONSI plans a new generation of stationary fuel cells using the same less-expensive proton-exchange-membrane (PEM) technology that has carmakers excited. A unit of Vancouver's Ballard Power Systems is chasing the same market.
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