Replies to post #55949 on Plug Power Inc (PLUG)

[Jack_Bolander]

Banger - Until there is a comparative positive ROI for Hydrogen/Fuel Cells, no company with an eye to the bottom line is going to buy into an "Application" which doesn't make sense (Cents?). For disciplined companies the Bottom Line always wins.

This explains why GSE's / Mulag never took off (pun intended). I was at CERAWeek this week and Alternatives and Hydrogen were not the talk this year as they have been in the past. Yes they were on the agenda, but in the break sessions, you didn't hear them mentioned as they had in recent years.

By now the major players have run the numbers for their possible hydrogen "Applications " and they are not compelling . Perhaps the 45v rules will make some applications achieve a comparative positive ROI, but until those rules are out , the numbers run , and the "Applications" tested, we may be waiting decades for Data Center and other marginal applications.

[B_B!]

the world adds a new data center every three days

Big Tech’s Latest Obsession Is Finding Enough Energy
Katherine Blunt and Jennifer Hiller Sun, March 24, 2024

HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship conference was a new one: artificial intelligence.

Tech companies roamed the hotel’s halls in search of utility executives and other power providers. More than 20 executives from Amazon and Microsoft spoke on panels. The inescapable topic—and the cause of equal parts anxiety and excitement—was AI’s insatiable appetite for electricity.
It isn’t clear just how much electricity will be required to power an exponential increase in data centers worldwide. But most everyone agreed the data centers needed to advance AI will require so much power they could strain the power grid and stymie the transition to cleaner energy sources.
Bill Vass, vice president of engineering at Amazon Web Services, said the world adds a new data center every three days. Microsoft co-founder Bill Gates told the conference that electricity is the key input for deciding whether a data center will be profitable and that the amount of power AI will consume is staggering.

“You go, ‘Oh, my God, this is going to be incredible,’” said Gates.
.....
https://finance.yahoo.com/news/big-tech-latest-obsession-finding-110000070.html

[scubastevemd]

I thought these stationary products produced their own hydrogen onsite. I also heard with the new Nvidia chips coming out they use 25% less power and will be sold to data centers. Of course, AI will demand much more power as it expands.