Interview: Ted Hollinger of Hydrogen Engine Center
The following is an interview with Ted Hollinger, President of Hydrogen Engine Center. In a nutshell, what is Hydrogen Engine Center’s (HEC) main technology and what are its principal applications? Development of proprietary electronic controls and other technologies to allow for the use of hydrogen and other gaseous fuels for the generation of power. These technologies have applications in many areas, including but not limited to the distributed power industry, airport ground support, co-generation with certain manufacturing processes, buses, marine engines and agricultural irrigation pump systems. One of the main drivers you identify as necessary...
Hydrogenics Delivers US$ 1.5 million HySTAT Hydrogen Generator to North American Nuclear Power Plant
Hydrogenics Corp (HYGS) announced today that it delivered a HySTAT(TM) Hydrogen Plant in December to a North American nuclear plant. The high-purity hydrogen generated is being used to prevent corrosion and extend the life of stainless steel tubes in the nuclear reactor as part of an upgrade for the purpose of renewing the plant's operating permit. The hydrogen generator in this application consists of two HySTAT-A electrolyzer modules, each capable of producing 33Nm3/hr of hydrogen further demonstrating the scalability of Hydrogenics line of hydrogen generation products.
Investors Push The Hydrogenics Reset Button
by Debra Fiakas CFA Last week shares of Hydrogenics Corp. (HYGS: Nasdaq) took a steep dip down. Earlier in the week the company filed a shelf registration statement to raise up to $100 million in new capital over the next two years. Then before the last day of trading began the company issued new guidance for the year 2014, suggesting weaker sales in the first quarter than previously expected but reaffirming expectations for the full year. The statement replaced an earlier shelf registration statement for a $25 million capital raise. The filing came as no surprise to...
PEM Electrolyzers – Cracking the Chicken and Egg Problem
by Ishaan Goel
The first article in this series introduced two prominent types of water electrolyzers – alkaline electrolyzers (ALKEs) and polymer electrolyte membrane electrolyzers (PEMEs). Electrolyzers are devices that convert water into hydrogen and oxygen using electricity. They enable energy storage through hydrogen when combined with fuel cells, and can decarbonize hydrogen production for industry if supplied with renewable power. Subsequent articles shall focus on various characteristics of these two electrolyzer variants.
The graph above shows the investment costs ($/kW) of PEMEs and ALKEs as the technology has advanced over time. In other words, they show the initial capital cost...
Alkaline Electrolyzers – The Future needs a Metamorphosis
by Ishaan Goel
The second article in this series on water electrolyzers focused on polymer electrolyte membrane electrolyzers (PEMEs). PEMEs have increasingly captured the interest of industry over recent years, due to favorable technical characteristics. Despite this, the global electrolyzer market today is dominated by a much older model - alkaline electrolyzers (ALKEs). (For details of how both electrolyzers work, refer to the first article in the series).
The graph above shows the investment costs ($/kW) of ALKEs and PEMEs as the technology has advanced over time. In other words, they show the initial capital cost for every 1 kW of...
Earnings Roundup: Metals Prices Boost Covanta and Umicore
By Tom Konrad, Ph.D., CFA
You don’t have to own mining companies to benefit from rising metals prices.
This is a roundup of first quarter earnings notes shared with my Patreon supporters over the last week. Waste to energy operator Covanta and specialty metals recycler Umicore are both benefiting from skyrocketing metals prices.
Just as renewable energy and energy efficiency stocks have long shown that investors don’t have to own fossil fuel companies to benefit from rising prices of fossil fuels, recyclers like Covanta and Umicore are showing that you don’t have to own environmentally damaging mining companies to benefit from rising...
Hydrogenics: New Capital, New Orders
by Debra Fiakas CFA Hydrogen technology developer and fuel cell producer Hydrogenics, Inc. (HYGS: Nasdaq) closed out last year ‘following on’ with new capital and new fuel cell orders. The company staged a public sale of its common stock through what is frequently referred to as a ‘follow on’ offering, coming along as this one did some years after the company’s initial public offering. The pricing of these new shares of common stock was ‘followed’ quite closely by announcement of a new order for Hydrogenics fuel cells by a forklift manufacturer in North America. The appearance...
Hydrogen in Oil’s Back Yard
by Debra Fiakas, CFA
As well derricks cast oily shadows across the landscape, Air Products and Chemicals, Inc. (APD: NYSE) has installed Saudi Arabia’s first hydrogen fueling station.The set up is tucked safely into APD’s new technology center in a science park, but the significance of this incursion into oil and gas country can be felt across the region.The fueling station, which incorporates APD’s SmartFuelhydrogen fueling technology, will service six Toyota Mirai fuel cell electric vehicles. Undertaken in cooperation with Saudi Aramco, the project is intended to demonstrate the potential for hydrogen as transportation fuel.
Hydrogen has potential advantages over conventional fuels, including Saudi Arabia’s oil and...
Quantum Delivers First Vehicles of Hydrogen Hybrid Fleet to Santa Ana
Quantum Fuel Systems Technologies Worldwide Inc (QTWW) announced the delivery of five hydrogen-fueled Toyota Prius hybrid vehicles to the City of Santa Ana, California. This is part of a larger South Coast Air Quality Management District (AQMD) program to develop and demonstrate 30 hydrogen hybrid vehicles to fleets in Southern California. The formal delivery took place during a ceremony held today at the City of Santa Ana's vehicle fleet yard. In March 2004, the AQMD awarded Quantum a contract to engineer a state-of-the-art OEM caliber hydrogen fuel system, perform accelerated long-term durability testing, including crash testing. The complete...
There’s Hydrogen In That There Biogas
I don’t suppose that anyone actually dreams of hydrogen, but in the bio-economy there just isn’t quite enough of it and we read about it and sometimes think about it so much that we might as well be dreaming about it.
For those newer to the field, one of the problems of using biomass to make a fuel is that a carbohydrate contains around 53% oxygen by weight and needs about 16% more hydrogen that it contains to make a hydrocarbon fuel. That’s one of the reasons that biofuels are often esters (such as biodiesel) or alcohols (such as ethanol),...
The Hydrogen Problem
Jim Lane HydroMan may do his hydrogen-shift thing via water, at will – but outside of the Marvel Cinematic Universe, we have some hydrogen issues. Psst! Like cutting out a fossil hydrogen dependency for many biofuels. But, new pathways ensure that the status hydroquo may not last for long. A numbers of readers responding to “Biofuels from a raging fireball” (on research work with the raging fireball, Pyrococchus furiosus, to make biofuels and renewable chemicals from hydrogen gas and CO2) raised the question, where is all the hydrogen going to...
Enbridge, Hydrogenics partner for utility-scale energy storage for renewables
Tyler Hamilton Oil and gas pipeline giant Enbridge Inc.(ENB) has invested $5 million in Mississauga, Ont.-based Hydrogenics (HYGS), a leading maker of proton-exchange membrane fuel cells and electrolysis systems for producing hydrogen gas from water. Gotta say, I wasn’t expecting this announcement. I know Enbridge has invested in fuel-cell technology before, and I know it has purchased hundreds of megawatts of solar capacity, operates wind farms and is dabbling in geopower. And yes, it has invested some money into Toronto-based Morgan Solar. What surprises me about...
List of Fuel Cell Stocks
Fuel cell stocks are publicly traded companies whose business involves fuel cells, devices for efficiently converting the energy in a fuel (often hydrogen) directly into electricity by chemical means, without combustion. Applications include road transport, large-scale energy storage and short-haul transport such as forklifts.
This list was last updated on 5/6/2021
AFC Energy (AFC.L)
Ballard Power Corporation (BLDP)
Bloom Energy Corporation (BE)
Cell Impact AB (CI-B.ST)
Ceres Power Holdings PLC (CPWHF)
Enova Systems (ENVS) - out of business since 2015.
FuelCell Energy (FCEL)
Impact Coatings AB (IMPC.ST)
ITM Power (ITM.L, ITMPF)
McPhy Energy SA (MCPHY: PA)
myFC Holding AB (MYFC.ST)
Neah Power Systems (NPWZ)
Nikola Corporation (NKLA)
Plug Power (PLUG)
PowerCell Sweden AB (PCELL.ST, PCELF)
Proton...
Hydrogenics Receives $3.3 Million Order for On-site Hydrogen Generation Plant from Major Energy Company
Hydrogenics Corp (HYGS) announced it was awarded a contract, valued at approximately $3.3 million, to supply a HySTAT(TM)-A Hydrogen Plant to a major North American oil and gas refinery for installation in 2007. The high purity hydrogen generated by the HySTAT-A Hydrogen Plant will be used by the refinery to reduce the sulfur content in diesel fuel in compliance with EPA regulations.
Hydrogenics Awarded Contract by Gas Natural to Deliver Hydrogen Station to Spanish Wind Farm
Hydrogenics Corp (HYGS) announced that they have been awarded a contract for over EUR 500,000 to deliver a hydrogen station to Gas Natural SDG, a Spanish-based energy services multinational with approximately ten million customers in Spain, Latin America, Italy and France (www.gasnatural.com). Gas Natural will use a Hydrogenics' HySTAT(TM)-A Hydrogen Station at the Sotavento Galicia wind farm to produce up to 60 Nm3/hr of hydrogen. The hydrogen will be used to fuel an internal combustion engine generator, which in turn will supply electricity to the electric grid.
PEM Fuel Cells – Hoping to Challenge Internal Combustion
The first article in this series introduced the two prominent types of hydrogen fuel cells - alkaline fuel cells (ALKFCs) and proton-exchange membrane fuel cells (PEMFCs). Fuel cells are devices that convert stored hydrogen into usable energy, and constitute an essential part of the hydrogen economy. Subsequent articles shall focus on various characteristics of these two cells.
The graph above shows the power costs ($/kW) of PEMFCs and ALKFCs as the technology has advanced over time. In other words, they show the initial capital cost for every 1 kW of fuel cell capacity (note that this axis is in the...
