Tag: Hydrogen
Plasma Gasification Promises the World, Fails Everywhere—Pune Was No Exception
The idea was seductive: turn Pune’s mountains of garbage into clean hydrogen fuel. The city’s waste problem would be solved, and India would get a head start in the global hydrogen economy. That was the pitch when Pune Municipal Corporation and The Green Billions Limited announced India’s first waste-to-hydrogen project … [continued]
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India-EU Hydrogen Partnership Flagship Project Collapsing Due to Ruinous Economics
The EU-India Clean Energy and Climate Partnership included a plan to develop a waste-to-hydrogen facility in Pune, led by the Pune Municipal Corporation (PMC) and The Green Billions Limited (TGBL). The ₹450 crore ($54M) project was intended to process 3.8 million metric tons of waste using Refuse-Derived Fuel (RDF) and … [continued]
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EU Plans to Boost Green Aviation & Shipping Fuels, But Sends Worrying Signal on 2040 Climate Goal
T&E reaction to EU Clean Industrial Deal, Action Plan for Affordable Energy, and Omnibus proposal. EU unveils action plan to double down on renewables and electrification; But delay to 2040 target proposal is ominous for climate ambition; Clean Industrial Deal is a boost for green fuels in planes and ships; … [continued]
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Perpetual Hydrogen Money Loser FuelCell Energy, Like Ballard, Pivoted From Batteries
How can a company never make a profit for over 50 years and still be around? How can it still find investors? FuelCell Energy is that company, and its continuing existence, like that of other perpetual money losing hydrogen fuel cell firms Ballard Power and Plug Power, is deeply perplexing. … [continued]
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Plug Power Has Lost $3.12 Billion Since 2010, Never Turned A Profit, Stock Collapsing
This is the year that the hydrogen bubble pops, especially for transportation, but increasingly for all hydrogen for energy plays. One of the firms on my hydrogen death watch is Plug Power, which has managed to lose $3.12 billion of other people’s money since 2010, about $200 million a year … [continued]
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