Plug Power Inc (PLUG)

[Jack_Bolander]

WTM - Not True ! The word "can" should be "will" or better, "might" .

The reality is that this is a very limited application and the economics are prohibitive.

Take 2 X electricity to make 1 X of hydrogen. Store in an expensive, high-pressure vessel or costly thermos (if liquid) and then ship/transport to a station which also needs an expensive pressure vessel or thermos.

There is a limit to the price the market will bear. The Bad News is that PLUG doesn't know what this price elasticity is.

The build it and they will come philosophy only applies if the hydrogen is economical and convenient.