Plug CEO Andy Marsh said in a statement, “The expansion to Europe comes as Plug faces a growing customer base abroad with the burgeoning interest in green hydrogen energy.”
Generation costs are all but irrelevant if the source is intermittent and the output can’t be stored economically. Without a stable base load provided by nuclear, geothermal, hydro or fossil fuels solar and wind don’t work.
You can also store the energy in batteries. Fossil fuel is nothing but nature’s solar energy storage device.
Sure you can store energy in the batteries, but to date, no one has come up with high storage density battery that can store a lot of energy in small volume to match utility of fossil fuel.
Please be ready to subsidize Green Energy even more as if the Gas Tax was not enough already (and also the Carbon tax)
PG&E seeks to recover array of costs, higher monthly bills loom
Austin’s light rail will run on batteries, not hydrogen fuel cells.
Hydrogen
you could drop PTRA for a while, its going to take a while to go anywhere…
Thanks. I don’t intend to trade. Just hold five years and check again. I think I just leave it as it is and forget about it for five years. Hopefully is a good surprise when I check it again in five years.
I have 2 of the avoid stocks
LCID is holding up well in EV space.
If Biden really wanted to implement practical solutions to a high carbon economy instead of trying to throw us back into a dark age - no pun intended - we’d see geothermal and nuclear rising as well.
After listening to Josh Brown, @manch favorite old fart, I sold BLNK to buy CHPT… and this happen BLNK beats CHPT since…
Believing in Elon Musk and his blind follower like @manch is detrimental in investing, hydrogen is DOA? Some of Elon’s logic is and is designed to fool his competitors who can’t think, only cult members believe mindlessly.