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FuelCell Energy Inc. Message Board

  • cabogordon cabogordon Apr 24, 2013 11:45 AM Flag

    much more bullish on

    fuel cell technology then renewable energy. we need to use the natural resources we have NOW and in abundance here in the US. like natural gas. Solar is just not there yet and will not be for yeas to come nor is wind. I hope one day they both become cost effective yet the name of the game for the next 25 yrs is natural gas. FCEL can be a major player in this emerging space.

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    • The Japanese made an interesting announcement in March about tests they have successfully conducted to extract methane from methane hydrate formations on the ocean floor. If they are able to extract it on a commercial scale, the US Geological Survey say the worldwide reserves of methane could be 50 times larger than the US reserves of natural gas. While there are some serious technical and environmental challenges involved in extraction on a commercial scale, fuel cells and methane will be the part of the energy equation for a long time.

      Google Robert Manning Methane Hydrates for a good summary of the tests. The company that conducted the test, Japan Drilling Co. Its share price has doubled since the results of the tests were announced.

 
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