SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?


To: wily who wrote (5168)8/28/2000 1:30:10 PM
From: indy  Read Replies (1) | Respond to of 8393
 
Anyone!

How does the technology used by Ballard compare with what ECD is developing?

starnews.com

Indiana is slowly embracing fuel-cell technology
Batterylike system is gaining popularity for its ability to generate electricity
cleaner than burning fossil fuels.
By David Rohn
Indianapolis Star
August 28, 2000
Quietly, and without burning polluting fuels, a large, beige box at the Crane Naval
Warfare Center lab is generating enough electricity to power about 80 homes.
At the opposite end of the state, a house is being built in the Sand Creek subdivision of
Chesterton using the same technology, but on a smaller scale.
Utility officials and scientists believe these fuel cells -- essentially batteries that don't
run down for as long as a decade -- are on the verge of revolutionizing electric power across
the world.
These devices, now experimental, are as few as 18 months away from mass production,
experts say.
The developing technology may replace coal-fired power plants that annually pump
about 625 million pounds of pollutants into Indiana skies. And if the promise of fuel cells is
realized, massive power plants and power failures from downed utility poles and lines could
be history.
Homeowners soon might own their own mini-power plant, dwarfed to the size of an
outside air conditioner. Initially, the $5,000 cost still will be more expensive than buying
electricity -- until increasing demand reduces costs.
But larger fuel cell units such as the one at Crane, a military research center in
southwest Indiana, may power office buildings, Navy ships or housing developments in
three to five years, its engineers predict.
The $3.5 million test project at Crane is a collaboration of the Navy, Cinergy Corp. and
Ballard Power Systems of Vancouver, Canada.
For Cinergy, fuel cells are the power source of the future, said Jim Lefeld, manager of
the utility's distributive generation department.
The Dumpster-sized fuel cell at Crane already is earning its keep, where it's powering
the 25,000-square-foot lab through September 2001. This winter, scientists also hope to
use it for heating the lab.
There is nothing new about fuel cell technology, which dates back to 1839. But its
supporters are frustrated at the lack of development, or interest, in Indiana.
Jamie Harris, the executive director of the Bedford Urban Enterprise Association, is a
staunch supporter -- still searching for a university or a manufacturer to locate in his
community.
"It's just not on a lot of people's radar screens. Even industry officials and bankers don't
know much about it,'' he said. "It's a no-brainer that we try to develop this industry in
Indiana.''
But the problem in developing it for mass use has largely been one of cost. Crane's fuel
cell uses platinum -- an expensive metal.
In 1980, platinum in a fuel cell made for a house cost about $9,000. Today, the cost is
down to about $50 because researchers are using less of the material and using it more
efficiently.
Other than pricey materials, the formula is fairly simple -- a fuel processor takes
hydrogen supplied from natural gas or propane. The fuel cell converts the hydrogen to
electricity.
"The price of fuel cells won't come down until a large number are produced," said
Lefeld. "And a large number won't be produced until the price comes down."
Jim Gucinski, a project manager at Crane, expects the first commercial users to be
hospitals or computer chip makers. "As the industry matures, you get parts being mass
produced. The size of the unit becomes smaller and better, and you get other people
involved so you have competition," he said.
Mosaic Energy of Des Plaines, Ill., expects to be selling house-sized units in 18 months.
Mosaic is a joint venture of NiSource, a utility based in Indiana, and the Gas Technology
Institute.
Mosaic has a prototype fuel cell being tested in a NiSource laboratory in Gary, a unit
destined for installation in the Chesterton subdivision.
But Indiana has been fairly slow to take advantage of this clean technology.
While the Department of Commerce offers up to $250,000 interest-free loans for
industries to improve fuel efficiencies, none have applied for grants to pursue fuel cells. No
legislation has been passed providing tax credits or other incentives to encourage use,
according to state officials.
Some lawmakers, though they sit on influential environmental or economic
development committees, have never heard of the technology.
"What's a fuel cell?'' responded Rep. Jack Lutz, R-Anderson. "That probably gives you
your answer about what the legislature is doing with fuel cells, which is to say others have
not heard about them.''
By contrast, California, a state that envisions a fuel industry with annual revenues
exceeding $10 billion by the end of this decade, is an active participant in the National Fuel
Cell Research Center at the University of California-Irvine.
Indiana should be more aggressive, said Andy Knott, policy director for the Hoosier
Environmental Council. "Not only would it be good for the environment, but it could be a
major boon to the economy.''
Despite the lag here, others believe it's only a matter of time before fuel cells catch on.
"One day we may look back on power plants as we look back on the main frame
computer industry and what's happening with the personal computer," said Cinergy's
Lefeld.

Contact David Rohn at (317) 633-9204 or via e-mail at david.rohn@starnews.com



To: wily who wrote (5168)8/28/2000 3:01:01 PM
From: Krowbar  Read Replies (1) | Respond to of 8393
 
Wily, imo the only question is can a NiMH battery keep running as long as hydrogen is fed to it? In the case of lead acid batteries, for instance, you cannot just keep feeding acid to it because the lead plates get used up. I don't think that anything other than the hydrogen gets used up in a NiMH battery, right? Keep feeding it from the hydride storage tank, and you keep getting juice. And feed juice to the NiMH battery, and it keeps making hydrogen from the stored water the hydrogen reaction. The only thing that needs to be done is to shuttle the two around, no?

Somebody please correct me if I am wrong.

Del



To: wily who wrote (5168)9/1/2000 11:40:18 AM
From: wily  Read Replies (1) | Respond to of 8393
 
Revised and updated OUM projections:

frontiernet.net

I think this is a pretty reasonable scenario (assuming, of course, that OUM is all that we think it is). You've got the holy grail of memory, so you should make a lot of money, right?

Initial penetration will be slow -- 1.2% of the total memory market in the first year and accelerate over the next two years as the new memory technology gains credibility and as the manufacturing and support infrastructure is put into place.

Ray says he thinks the 30% net of gross revenues is likely very low since Ovonyx will be paying most of the expenses (based on his understanding of how ECD's JV's work, which he tried to explain to me but it was late), so the portion of the revenues that come from our off-the-top licensing royalties from Ovonyx will be fairly free of expenses other than taxes. Also, the net royalty rate is a wild-card, but a good bet is somewhere between 2 and 8%.

wily