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Re: cabel post# 34853

Wednesday, 03/10/2021 5:46:57 PM

Wednesday, March 10, 2021 5:46:57 PM

Post# of 59605
It's reasonable to say $50 by end of 2021 because we still need plenty of infrastructure, research and local political commitment.

If the hydrogen economy takes off as hoped and clearly delivers its promises then $100 is going to be the floor.

Politics plays an enormous role.

FCEL started to rally when Biden got elected back in November. We finally got back to the Paris Accord and the environment is very promising. We need to have politicians to shift towards renewables, cleaner energy and move away from oil and coal. Natural Gas is good because can be used to produce blue hydrogen and once we start mass production costs will go down as a result.

The next boost for FCEL will be from the money that the new administration will invest of the aforementioned technologies.

In my opinion this is an unstoppable trend. Hydrogen is here to stay. FCEL has been in this business for more than 50 years and costs went down to a point where depicting an H-economy is not a pipe dream anymore.

"The two most powerful warriors are patience and time".

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