Holy Cow!!!, Look what the Cabot Market Letter is promoting!!!!!!,
Cabot's #1 Concept Stock
Pure Power . . . The Hydrogen Fuel Cell
We're always looking for investments that have large mass markets. . . . .the better to sell more products! And the markets for this company's new energy source are not just large, they are humongous! This revolutionary power source targets two mass markets: (1) automobiles (along with busses) and (2) stationery electric power plants.
Here are a few startling facts. The only emission from this power supply is pure water that's clean enough for you to drink! In addition, it has no moving parts, it needs no lubricating, it is silent, and it does not operate at high temperatures.
In fact, this power supply is three times more efficient than the internal combustion engine in the car you are driving today, with faster acceleration. Imagine that!
12 Years in Development - Now a Reality
We're talking about the hydrogen fuel cell that has been developed by this company.
Fuel cells, which can run on any hydrogen-rich fuel, have the unique characteristic of being able to convert fuel energy directly into electricity without combustion. This firm is the clear leader in the race for a new source of power.
Low-cost Electricity from Hydrogen
Way back in 1839, Sir William Grove of London invented fuel cells. Until recently, they have been extremely expensive to produce. . . . .highly impractical. But improving technologies in many areas now make the fuel cell a realistic power source.
The company's president and CEO recently said, "It is possible to lower the cost (of fuel cells) to a tenth of current costs."
Technically, this is how the fuel cell works. The heart of a fuel cell is a 0.1 mm-thick plastic membrane coated with a platinum catalyst.
Hydrogen is fed to one side of the membrane, air to the other. The catalyst ionizes the hydrogen. Only the positively charged protons can migrate through the membrane. The negatively charged electrons stay behind. As a result, a potential difference builds up between the anode and the cathode on each side of the membrane. AN ELECTRIC CURRENT RESULTS!
The fuel cell operates without combustion, without noise, and at comfortable operating temperatures of 180°F. The hydrogen ions and the oxygen in the air combine to form water as a byproduct in the exhaust pipe.
Partnership with DaimlerChrysler and Ford Motor
The worldwide automobile industry is the most obvious potential user of these fuel cells, especially in light of the current demand for zero emission engines. In an automobile, the fuel cell powers a simple electric motor!
Most important is that this company, DaimlerChrysler and Ford have formed a global alliance to accelerate the development of fuel cell power components for vehicles.
The firm we recommend will be responsible for fuel cells, with DaimlerChrysler and Ford holding 20% and 15% of the fuel cell company, respectively. Jurgen E. Schrempp, the CEO of DaimlerChrysler, thinks his company might go into serious fuel cell car production as early as the year 2000.
Test busses and cars are already in operation in Germany and Canada. In these test vehicles, hydrogen is often derived from methanol. But a new process that derives hydrogen from gasoline makes it extremely likely you'll be able to continue using your regular gas station to refuel your fuel cell vehicle!
Power Generation with GPU and GEC ALSTHOM
The other huge market involves supplying electrical power for on-site use. Our company has cut a deal with giant utility GPU Inc. of New Jersey that will result in the delivery of two 250-kilowatt power plants for field trials.
These small generators will provide enough energy to power a hospital or an office building and can be placed wherever needed, eliminating the need for long-distance power lines!
GEC ALSTHOM of France, the world leader in power generation equipment, will use our company's fuel cells in four plants for field trails in Europe.
As the story of this company continues to unfold in the years ahead, it should be an exciting ride for investors!
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