PLUG - Ballard Power Struggles: Hydrogen What's Real And What's Not
- The hydrogen economy may be a solution to a problem already being solved.
- Manufacture of “green” hydrogen involves losses at every step, raising the question “why not use the green electricity instead of turning it into hydrogen and then back to electricity?"
- Ballard Power is a significant fuel cell manufacturer, but markets for fuel cells are not cost competitive and they address markets already solved with other (cheaper) technologies.
- Investors interested in Ballard Power might look carefully at what hydrogen offers before investing. The hype around hydrogen is intense; read the fine print.
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Ballard Power Struggles: Hydrogen, What's Real And What's Not