馃攱 PORTFOLIO: HYDROGEN FUEL 馃攱
The World Economic Forum has pointed that the energy paradigm shift has focused the attention on renewable and clean sources. Perhaps, more than concerns about climate change, the real cause is to avoid energy dependence on OPEC+ [clic] and major gas-producing countries [clic]. This puts hydrogen fuel cells (a type of fuel cell, a device that converts chemical energy into electrical energy) and any other producing hydrogen system in the spotlight. Some advantages are:
- No CO2 emissions than water
- Efficiency (turn >60% of the chemical energy of H into electricity)
- Versatility of use (cars, homes, business)
However, there are also some challenges associated with:
- Expensive to produce
- Lack of sufficient storage and distribution infrastructure
- H is very flammable gas
Due to above, the next is an example of producing enterprises. The big problem is that they do not have strong margins or are not profitable. Specially, FuelCell has been listed since 2000 and its price has fallen ≈ 99% so far. However, the situation may change, but will be required to search cheaper costs to compete against nuclear power (in some cases).Based on the last twelve months [2Q 2023], their net margins are:
- Plug: -95.2%
- Bloom: -18.2%
- FuelCell: -81.2%
- Nel: -110%
- Ballard: -200.6%
- Green: -1,356.7%
The best analysis is yours!
J. Joel Padilla
Copyright: Joel Padilla 2023
Comentarios
Publicar un comentario