A week ago, people were saying that Global's technology was awesome...potential for remote powering, telecommunications, a potential 2 BILLION dollar market. There was even some discussion of things things like home based power production which I think is a HUGE potential. As noted from the Global website:
<<<Global believes that the high efficiency and power output provided by this type of cell can be used in large potential markets such as telecommunication systems, oil & gas sites, residential & commercial utility applications as well as future hybrid electric vehicles.
However good people thought the potential was for Global, most were saying that the car market wasn't feasible. Well as of Friday, it obviously is!!!
Here's a quick recap of a comparison of the technology with Ballard's. Personally, I think Global's technology is far better!!!
1) HALF the size of Ballards unit, and TWICE the power output!! Now if you were a car manufacturer, which sounds more appealing!!!
GLOBAL!!
2) Able to run on fuels such as natural gas DIRECTLY, i.e., it can handle the impurities of fossil fuels...whereas Ballard's CAN'T!!!...not without bulky add on equipment called reformers. The PEM cell (Ballard's technology) has very little tolerance for contaminants such as carbon monoxide or sulphur compounds. This is a big negative for them. For Global...not an issue at all! Again, if you were a car manufacturer, do you want to have to make physical room for a reformer...or not even have to consider it!! Once again...
GLOBAL!!
3) Possibly CHEAPER than Ballard's to produce! The reformers required by the Ballard fuel cell is bulky and expensive. This will add on to the cost. Again, if you were a car manufacturer would you want to have to pay the additional costs of a reformer? Not a chance!! Once again...
GLOBAL!!
Delphi coming on board is just the beginning imho. The potential here is just too massive. And to think this company only has a 16million share float!!! <GGG!!!> Ballard was trading (pre-split) at $150.00/share with a 22million float!!
Kevin
Note: For further understanding on Global's fuel cell technology, see
globalte.com |
