Ballard Power: Shifting Dependence, Changing Structures
The multi-billion dollar commercial potential of fuel cell technology has generated much excitement in the investment community over the past decade, an enthusiasm shared by those in energy and environment circles. Fuel cells have no moving parts, and generate electricity from an electrochemical reaction between hydrogen and an oxidant, such as oxygen: the only by-products are water and heat, making it the ultimate clean technology. Although there are many potential markets, from electric generation to power for mobile phones, the idea of fuel cell vehicles has captured the public’s imagination. Its champions speak of the dawning of a ‘hydrogen age’ and the beginning of the end of the internal combustion engine (ICE).
KeywordsCombustion Lithium Petroleum Platinum Transportation
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