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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells -- Ignore unavailable to you. Want to Upgrade?

To: xxxx who wrote (5009)	2/16/2000 9:54:00 AM
From: Hawkeye	Read Replies (1) \| Respond to of 5827

Wednesday February 16, 7:23 am Eastern Time Oil, auto firms see gasoline/fuel cell car advance LONDON, Feb 16 (Reuters) - Oil and auto titans Royal Dutch/ Shell (quote from Yahoo! UK & Ireland: SHEL.L) and DaimlerChrysler (NYSE:DCX - news) unveiled on Wednesday a research advance they said brought closer the prospect of gasoline-powered fuel cell cars. Shell subsidiary Shell Hydrogen and DaimlerChrysler unit dbb Fuel Cell Engines GmbH said they had made a prototype gasoline reformer to make hydrogen for fuel cell applications in cars. A joint statement said the development would allow the use of existing filling stations. ''We have shown that the concept of gasoline-powered fuel cell vehicles is viable,'' said Don Hubert, chief executive of Shell Hydrogen. ''This exciting technology ... holds great promise for enabling fuel cell vehicles rapidly to enter the market.'' The companies will seek ways to commercialise the research, which successfully produced a 50kW multi-fuel system with a compact design for mobile and stationary use of fuel cells. Ferdinand Panik, head of DaimlerChrysler's fuel cell project, said that despite the advance his first priority was to try to develop methanol as a fuel for fuel cells. Fuel cells are seen as one of the most viable alternatives to traditional internal combustion engines as concerns mount over the impact of automobile emissions on the environment. A fuel cell engine works by converting hydrogen into electricity, creating virtually no polluting emissions. DaimlerChryler plans to roll out an economically viable car powered by a fuel cell engine, which works by converting hydrogen into electricity, by 2004.