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https://freedium.cfd/https://medium.com/the-future-is-electric/hydrogen-firm-ballard-lost-1-3-billion-since-2000-zero-profits-199544bfcdf5>
"There are three long running supporting cast members in stagings of the sad
farce that is trials of hydrogen for fleets, FuelCell Energy, Plug Power and
Ballard Power Systems. All of their market capitalizations peaked roughly 99%
above their current stock valuations in 2000. They've all participated in
innumerable hydrogen fleet trials, yet none of the trials has resulted in
hundreds or thousands of vehicles operating on hydrogen. Quite the opposite,
most have resulted in hydrogen being abandoned entirely.
It was a sufficiently robust pattern that I had fun writing a notional,
six-part play around the theme, the stages being so clear and the hydrogen
chorus so pervasive early yet completely silent later. I've written a couple of
articles on examples of the play being staged in Iceland, Canada, France,
Germany, India, Austria and the USA, sometimes multiple times in a single
country.
Today a publicist tried to interest me in a 'win' by one of the three firms,
and that led me to ask "In addition to the Whistler, BC failure, where else
have Ballard fuel cells been involved in failed trials since 2000"? The list is
long. This is probably not an exhaustive list of their failures, but it does
answer one question and beg another."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
