Plug Power Inc (PLUG)

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The below mentioned have been already discussed here but these two points (along with the other obvious advantages) keep ringing like a bell in the back of my mind.

1. Tax incentives expire at the end of 2016 so now's the time to upgrade to hydrogen fuel cells.

The Emergency Economic Stabilization Act of 2008 includes tax incentives to help minimize the cost of hydrogen and fuel cell projects. It offers an investment tax credit of 30% for qualified fuel cell property or $3,000/kW of the fuel cell nameplate capacity (i.e., expected system output), whichever is less. The equipment must be installed by Dec. 31, 2016. In addition, it features a credit of 10% for combined-heat-and-power-system property.

[Source: http://www1.eere.energy.gov/hydrogenandfuelcells/incentives.html]

2. Toyota will be selling fuel cell cars in 2015. This will require development of hydrogen fuel availability. Certainly this infrastructure will not occur overnight but will have to happen and will eventually result in lowering the cost of hydrogen fuel.


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