PLUG - Blue Biofuels: Why Ethanol Fuel Cells Could Carve Out A Niche In This Super-Hot Sector
- Alternative energy stocks have been on fire since Joe Biden's victory in November 2020, as Wall Street looks for an increase in green energy legislation.
- With Democrats now controlling both houses of Congress, it will be much easier to push through an environmentally-friendly energy agenda.
- Companies such as Plug Power, Inc. and FuelCell Energy, Inc. have been major beneficiaries of this trend for alternative energy.
- There is certainly room in the market for a number of technologies that should not be looked at as being mutually exclusive; these include ideas like battery-powered electric, and hydrogen fuel cell-powered vehicles.
- One technology that is slowly gaining traction is direct ethanol fuel cells, or DECFs. They offer many advantages over electric and hydrogen fuel cell-powered transportation, and could carve out a very competitive niche in this fast-growing sector.
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Blue Biofuels: Why Ethanol Fuel Cells Could Carve Out A Niche In This Super-Hot Sector