On March 5, at the Geneva International Motor Show, Roland Gumpert showed attendees his Nathalie Race, an electric sportscar named after his daughter. The distinctive feature of the coupe, unveiled in spring 2018, is the engine under the hood: Gumpert, who designed Audi Quattro’s four-wheel drive, said it had been important to him “to build an electric car that doesn’t grind to a halt because the battery is drained but generates electricity during the ride. To achieve this, we used a fuel cell that produces hydrogen from a methanol-water blend.” The fuel cell was made by Serenergy, based in Denmark.
Hans-Olof Nilsson from Sweden is an electrical engineer who used to work in the refrigeration and telecoms industries and now co-manages a clean energy consulting firm focusing on off-grid solar power and hydrogen storage solutions. A few years back, he decided to go off-grid, by storing solar energy in summer as hydrogen to keep warm in the cold Swedish winter. One day, he invited me to visit his house, which has more than 5,380 square feet (over 500 square meters) of space and is just 6.2 miles (10 kilometers) away from Gothenburg.
In January, Eui-sun Chung, the executive vice chairman of Hyundai Motor Company, was named co-chair of the Hydrogen Council. He now heads the organization together with Benoît Potier, Air Liquide’s chief executive and chairman of the council since its founding in 2017. Both stressed the import of creating a zero-carbon hydrogen society.
Ballard (Nasdaq: BLDP) had its very own October surprise, which caused the stock to take a nosedive. Though worse than expected, the USD 0.03 net loss per share and revenues of as little as USD 21.6 million weren’t to blame for the slump. Neither was the company’s low cash level of USD 23.2 million, reduced by inventory and AFCC asset purchases, nor the 2018 revenue target
Power purchase agreements are a central part of FuelCell Energy’s new corporate strategy. These agreements allow for long-term community purchases of electricity and energy. Not too long ago, the company concluded several contracts to that effect. One example is a 14.8-megawatt site in Derby, Connecticut. Meanwhile, it has been adding fuel cell power plants to its inventory as well, as it did last November
Hydrogenics (Nasdaq: HYGS) seems to be facing similar headwinds in China, mostly with regard to funding, bid requests and grant approval. It said the country offered excellent prospects; everything was just moving along a bit more slowly than expected. At the very least, backlog at Hydrogenics added up to USD 132 million, more than half of which originates with Alstom contracts for fuel cell trains. Thirty trains have already been ordered and more are said to follow this year.
Considering the many possible uses of fuel cells, the market for them won’t go up in a straight line. Nor will the large-scale production of cheap renewable hydrogen be a goal that can be accomplished overnight. Still, new hydrogen fueling stations will be added at a steady pace, and it will only be a matter of time until mass-produced fuel cell cars are available for sale.
The sky’s the limit, you might have been thinking, when Tesla’s stock jumped from USD 240 to about USD 340 in few days. On Oct. 23, 2018, a short while before the company said that it would preschedule the publication of third-quarter results, a well-known short seller named Andrew Left, of Citron Research, changed his outlook on Tesla (Nasdaq: TSLA). In what seemed like a 180-degree turn from his previous position, he stated
Attendees from Europe, Asia and even North America had a long way to travel to this year’s World Hydrogen Energy Conference. In the end, however, more than 550 came to the event, which took place June 17 to 22 in Rio de Janeiro, Brazil. They were rewarded with a lot of interesting material. What caught the imagination of many was the story of natural hydrogen
The difference between microbial fuel cells and devices converting energy by purely chemical means is that bacteria and not artificial materials, such as polymer electrolyte membranes and ceramic oxide parts, control the reaction. Instead of a catalyst, microbes will feed on organic matter, for example, wastewater and lactic acid, to generate a voltage through metabolic activity.