ConneXionONE Corp (CNNN)

[monda2frida]

In 2012, Lux Research, Inc. issued a report that stated: "The dream of a hydrogen economy ... is no nearer". It concluded that "Capital cost ... will limit adoption to a mere 5.9 GW" by 2030, providing "a nearly insurmountable barrier to adoption, except in niche applications". The analysis concluded that, by 2030, PEM stationary market will reach $1 billion, while the vehicle market, including forklifts, will reach a total of $2 billion.[94] Other analyses cite the lack of an extensive hydrogen infrastructure in the U.S. as an ongoing challenge to Fuel Cell Electric Vehicle commercialization. In 2006, a study for the IEEE showed that for hydrogen produced via electrolysis of water: "Only about 25% of the power generated from wind, water, or sun is converted to practical use." The study further noted that "Electricity obtained from hydrogen fuel cells appears to be four times as expensive as electricity drawn from the electrical transmission grid. ... Because of the high energy losses [hydrogen] cannot compete with electricity."[95] Furthermore, the study found: "Natural gas reforming is not a sustainable solution".[95] "The large amount of energy required to isolate hydrogen from natural compounds (water, natural gas, biomass), package the light gas by compression or liquefaction, transfer the energy carrier to the user, plus the energy lost when it is converted to useful electricity with fuel cells, leaves around 25% for practical use."[24][53][96]


http://en.wikipedia.org/wiki/Fuel_cell