Replies to post #30238 on FuelCell Energy Inc (FCEL)

[noblynx]

In some agreement with you, I'm prompted to re-post this:

It's still not at all ideal, right now, to risk getting painted as being in cutthroat competition with solar entities while being in any way "allied" with Exxon-Mobil, especially in the Northeast where this new RGGI has been formed. Mr. Few had better carefully mind his tactics and tone, given the generally perceived, urgent need for cooperation in achieving shared goals:

The Regional Greenhouse Gas Initiative (RGGI) is the first mandatory market-based program in the United States to reduce greenhouse gas emissions. RGGI is a cooperative effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont to cap and reduce CO2 emissions from the power sector. For more information, visit https://www.rggi.org/.

(NOTE the word, "mandatory." That may be relevant to what's just happened in CT.)

[AgeOfReason]

I for one did not believe the document said FCEL won, nor did I say it meant FCEL one. I recognized it was a positive development for FCEL and that it meant FCEL's chances of eventually winning have improved (from what I thought was the case earlier). Regarding the last sentence of your post, something which is consistent with it is that the state representative who wrote in favor of FCEL, namely Holly Cheeseman, is a Republican.

Regarding the competition between solar power and battery powered EV versus fuel cells using hydrogen derived from hydrocarbons, and nuclear power, for environmental reasons I actually prefer solar and battery powered EVs over the use of nuclear power (due the dangerous radiation, including the dangerous nuclear waste) and fuel cells using hydrogen derived from hydrocarbons, but I realize for pragmatic reasons that nuclear power and fuel cells using hydrogen derived from hydrocarbons will be needed for at least 15 years. What I read in various articles gives me the impression that eventually most electric power production in the USA will be generated by a combination of solar, wind, and hydro instead of by fossil fuel (and other hydrocarbon fuel) [even by hydrogen derived from such fuel] and nuclear fission. That reason is not just due to the need for clean power sources but also new solar and wind power plants are now price competitive with coal powered plants and with nuclear power, and solar power continues to become cheaper (as production of the technology ramps up). Likewise battery powered EVs are getting cheaper due to their batteries becoming cheaper, as the production of their batteries ramps up and as battery technology improves.

An a stock investment I consider FCEL to be better (in terms of potential future percentage gain in the stock price) than solar stocks (at least the ones I know about), due to FCEL implementing a turn around after its stock had a tremendous percentage loss in value over about 19 years.