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FuelCell Energy Inc. Message Board

  • notlrac Jan 3, 2014 10:36 AM Flag

    PLUG and FCEL

    Plug Power and FCEL are totally different in markets, equipment, and business models. The good news from PLUG seems to be what is pulling up the share price. But consider how the two companies' products do intersect. PLUG is beginning to penetrate truck refrigeration and airport markets, in addition to the warehouse forklift operations. As these operations convert more and more to PLUG units, the cost of hydrogen will be a major consideration. All these places are also large consumers of power and need heating and cooling. The operations therefore become targets for fuel cell tri-generation system in a way that other places aren't. MCFCs become more cost effective with the addition of on-site hydrogen usage.

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