Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

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To: Sid Turtlman who wrote (3481)	12/22/1998 11:43:00 AM
From: Hawkeye	Read Replies (2) of 5827

Sid, perhaps you should read the ENTIRE report from which you provided just the summary under your Yahoo alias. Your quote there was "To get methanol as widespread today as gasoline looks easily in the $100 billion range..." If you had actually READ the report you would see that they estimate an infrastructure cost, at $50,000 per station (which is the high end of their $20k-$50k estimate using an underground tank), of $2.35 billion to equip 25% of US gas stations. See figure 12 on page 15 and add up the "Rest of United States" with the 3 states considered to be first. Extrapolating from this, a reasonable estimate for ALL stations would be under $10 billion. And I don't think anyone believes all stations would need pumps in the early days. Considering that Ballard et al are spending $1 billion plus to develop the technology, the infrastructure costs are quite reasonable. It doesn't take much to prove you wildly inaccurate Sid. It's garbage like this that pisses us all off. I recommend that report to those who want FACTS on the issue.

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