I see now simply writing "BLDP" in the subject line qualifies as talking about Ballard--LOL Here's a question- Do you think Ballard's upcoming Q4 numbers(already warned) are baked into the share price yet or do you think there will be more sliding leading up to earnings?
More on PowerCell-----The Swedish Energy Agency (SEA) has granted PowerCell Sweden AB SEK5 million (US$600,000) to develop a modular fuel cell system for stationary applications. The project aims to develop and demonstrate stationary fuel cell systems based on modules of 20 kW with PowerCell’s new fuel cell stack, S2. In October 2014, SEA had granted PowerCell SEK7 million for the MoRE Zero project to develop a fuel cell system for use in a modular range extender system for electric vehicles in the European ERA-NET project.
Recently listed Nordic fuel cell technology leader PowerCell Sweden AB (publ) and technology agnostic African power-as-a-service player Mitochondria Energy Company (Pty) Ltd have signed a Letter of Intend to collaborate to develop diesel-fed fuel cell power solutions to the African market. PowerCell’s power supply unit, the PowerPac, is currently under development. Mitochondria will be involved in the pre-production development and testing processes to ensure the end product meets customer requirements.
PowerCell’s power supply unit, the PowerPac, takes electricity power generation to a new level of economy for remote or bad-grid sites with an average power demand of 1 – 6kW. The PowerPac is a fuel cell system that converts diesel fuel into electricity in a reliable, competitive and environmentally friendly way. By using widely available road diesel as fuel, it will offer a cost-effective power supply solution that has no noxious emissions and a noise level kept to a minimum.
The PowerPac reforms diesel into a hydrogen-rich gas, which is fed to a fuel cell to produce DC electric power. It requires minimal on-site maintenance and is operated and monitored remotely through the cellular data network.
The next generation of the PowerPac is now being assembled and will be deployed for testing in South Africa and Sweden in 2015.
Oil is now below $50/bbl....Gasoline has reached the $2.20's at some places here in socal not seen in many years. The Saudis have given up on controlling the market price and instead look to keep market share as more new oil comes on the market to continue the downward pricing pressure. Some Countries are actually producing more to make up for falling prices....It is as if oil has entered a deflationary spiral...
Here's the challenge: Pick the bottom in oil prices..
I say $42/bbl and $2/gal gas in socal (unless they raise taxes) before all is said and done.
The long term outlook?
Barring any significant terrorist event,or major international economic resurgence, oil will not likely rise above $50 for the next year at the least. There is too much momentum in the oil patch right now to produce oil IMO.
But the challenge here at the moment is:
PICK THE BOTTOM.
I say $42.. What say Y'all
What a stoopid piece that represents the same kind of talking past each other that occurs on these BB's all the time. --Speaking to inefficiencies and cost Musk says: " “I just think that they are extremely silly,” Musk said of hydrogen vehicles. “If you’re going to pick an energy storage mechanism, hydrogen is an incredibly dumb one to pick. You should pick methane. That’s much, much easier. Or propane.” Rather than speak to anything Musk said the response Carter changes the subject---"But Carter said he disagrees. “When you take a look at the future, [FCVs are] not a 24- to 36-month play,” said Carter. He added that “when you start looking in the 2020s, anybody that would deny [the potential of] moving from an oil-based economy to a hydrogen-based economy [isn't] looking at the future correctly.” Huh? Musk is speaking to practicality Carter then speaks to timelines and "potential" completely avoiding what Musk said.---The comedy is only compounded by talk of "strong interest" in the Mirai and doubling of production. Lets not forget they are only making 700 of these in year one and half or more are pre-sold to fleet customers so those handful of uber expensive hydrogen fuel depots have something to do.
" A true Ponzi scheme would require an exponential growth of the number of participants in order for it to work." See PLUG for a example.
Ballard sells stacks to a company that loses more $$ whenever they sell more FC's. He's probably a Ballard long and doesn't want the world to know that one of Ballard's largest customers just never seems to be able to improve margins no matter how much they grow sales.
(Translation)The project was given the acronym 3Emotion (Environmentally Friendly, Efficient, Electric Motion) and will run from 2015 to 2019. Besides Van Hool sit in this consortium 13 patners from 6 European countries. The overall value of 41.8 million euros of this project, the European Commission will contribute #$%$ 15 million for its account.
Van Hool is coordinating the entire project for the research, development and production of buses powered by hydrogen and the infrastructure for hydrogen filling stations will offer. (me) It looks like it's a 4 year program with a total cost of $41M. One wonders if they will source any FC's from US Hybrid a UTC licensee for bus stacks.
-Eos Energy Storage today announced the commercial availability of its MW-scale Aurora system for deliveries starting in 2016. Eos’s standard Aurora 1000|4000 product, a containerized 1 MW DC battery system providing four continuous hours of discharge, offers a cost-effective energy storage solution competitive with gas peaking generation and utility distribution infrastructure. The Aurora 1000|4000 will be sold at a price of $160/kWh in volume.
“We believe in full transparency around availability and pricing; we hope in this manner to provide the best product and the best value to our partners and customers.”
“This system represents the culmination of many years of development and collaboration with our Genesis Partners to design a product with a clear value proposition,” said Eos CEO Michael Oster. Eos’s Genesis Partners include some of the largest utilities in the U.S. and Europe, including Consolidated Edison, NRG, PNM, AEP, Enel, GDF SUEZ, and National Grid.
The Aurora product employs Eos’s patented ZnythTM battery technology that uses a safe aqueous electrolyte and a novel zinc-hybrid cathode to enable extremely low-cost electricity storage and long life. Eos’s grid-scale product is designed to reliably integrate renewable energy, improve grid efficiency and resiliency, and reduce costs for utilities and consumers.
As Eos’s manufacturing capacity ramps up, the company expects to deploy an aggregate of 1 MW of capacity over a series of projects in 2015, beginning with Consolidated Edison and GDF SUEZ, and including a project with Pacific Gas & Electric funded by the California Energy Commission.
The Aurora system’s commercial availability will improve the competitiveness of developers bidding into the PG&E and SCE solicitations due this quarter. “A large number of inquiries regarding the California storage opportunities prompted us to make this announcement,” explained Eos President Steve Hellman. “We believe in full transparency around availability and pr
The last thing they said was bad enough(reduced guidance on China debacle), perhaps discretion is the better part of valor for now. Or perhaps another old saw is more appropriate: Better to be thought a fool rather than to open one's mouth and remove all doubt....
The secretary general of the Organization of Petroleum Exporting Countries (OPEC) told CNBC Wednesday that oil prices were likely to remain around their current levels for around a month before rebounding.
Speaking at the World Economic Forum in Davos, Switzerland, Abdullah al-Badri, said it was hard to predict oil price movements given the ongoing fluctuations.
"It will stay for another month at this low price, but I'm sure the price will rebound,"
Then towards the end of 2014 Ballard upped their PR game with the following "market update" : Ballard is currently working with three of the participating bus manufacturers, Van Hool, Solaris and VDL Bus & Coach. By the end of 2014 the Company expects to be powering approximately 40 fuel cell buses in Europe, estimated to be 80% of the total installed base of fuel cell buses operating there.
Ballard has had a MOU with Van Hool since 2013. They are hoping to make FC buses for the Horizon2020 project There was supposed to be 27 buses on the roads by the end of 2014. Got any updates?
" I fail to see how I am wrong, and you are right, because my views are different than yours."
I see you are as unclear on what a strawman is as you are of the fact that you employ it all the time...LOL
I clearly meant CO its colorless odorless and tasteless. Not alarmed but highly amused at the lengths some will go to argue against mainstream science.
Oil prices have dropped by more than half since June as output has soared while demand growth has slowed.
Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries have said they are leaving the oil market to find its own level and hope lower fuel prices will stimulate more demand in the long run.
But Olivier Jakob, oil analyst at Petromatrix in Zug, Switzerland, said that strategy may not work:
"If Saudi Arabia thinks that the lower oil price will revive global oil demand, the IMF does not have the same view."
Weak economic data from China on Tuesday further depressed oil markets...
(me) Yeah, this is gonna be great for hydrogen.....NOT
"What effects have we SEEN from the rise in CO2?"..Increasing acidification is not a effect? It seems you would sit in a room with rising CO levels and consider it safe until you passed out...LOL
You are funny PK. If someone showed you a sign that said Please do not feed the bear" you would tell everybody the sign says to feed the bear...Your souce: The oceans are becoming more acidic due to absorption of anthropogenic carbon dioxide from the atmosphere. The impact of ocean acidification on marine ecosystems is unclear, but it will likely depend on species adaptability and the rate of change of seawater pH relative to its natural variability. To constrain the natural variability in reef-water pH, we measured boron isotopic compositions in a ~300-year-old massive Porites coral from the southwestern Pacific. Large variations in pH are found over ~50-year cycles that covary with the Interdecadal Pacific Oscillation of ocean-atmosphere anomalies, suggesting that natural pH cycles can modulate the impact of ocean acidification on coral reef ecosystems.
Yes there are other factors that work TOGETHER with increased CO2, but simply addressing that does not negate the fact that the Oceans are becoming more acidic from anthropogenic CO2..LOL