2/25/1999 Ballard Power Systems
Reports Fourth Quarter and 1998 Year End Results - Business Wire
"Ballard ended 1998 in a very strong financial
position with over [CN]$440 million in cash and short-term investments on hand to continue
the commercialization of Ballard's fuel cell products," said Michael Graydon,
Ballard's Vice President and Chief Financial Officer. "This reflects investments by
Ballard's strategic partners in the Company, as well as in its associated companies,
during the year. In addition to financial backing, Ballard's partners have also brought
significant marketing, systems development and manufacturing expertise to assist the
Company in achieving its aggressive development and commercialization goals."
2/22/1999 D/C: Cost of 1st Fuel-Cell Car
toRival Gas-Engine Models - Delphi Automotive Systems
Ferdinand Panik, DaimlerChrysler senior vice president,
said at a fuel-cell conference here that the cars will be introduced at prices 10 percent
to 15 percent higher than comparable vehicles with internal combustion engines. But at
that level, government incentives would push the final price down to the same level as
today's gasoline engines -- or lower. The federal government offers a 10 percent tax
credit on the purchase price of an electric vehicle, up to a maximum of $4,000. The law
includes fuel cell in the definition of electric power. In addition, some state and local
governments, including New York and air quality management districts in California, offer
more incentives.
2/20/1999 Southern
States Power Enters Stationary Fuel Cell Markets - PRNewswire
In response to strong interest in the benefits of
stationary fuel cell technology, SSPC is
presently negotiating with BF Goodrich Aerospace to install the first fuel-cell and
natural gas cogeneration facility running on natural gas at the BF Goodrich Aerospace
facilities in Chula Vista, Calif.
2/18/1999 Ford P2000 SUV Shows Breakthrough Technologies on a Lightweight Sports
Utility - Ford Canada
The extremely efficient fuel cell powertrain allows the
convenient use of methanol fuel which is processed on board into hydrogen. The fuel cell
uses oxygen from the air and hydrogen to form electricity. Water vapor is the main by
product of the process. The P2000 SUV's fuel cell was developed under Ford's partnership
with Ballard Power Systems of Vancouver and DaimlerChrysler AG.
2/17/1999 New
Venture Aims to Create World's First 'Hydrogen Economy - PRNewswire
An Icelandic consortium,Vistorka hf. (EcoEnergy
Ltd.), today signed a Co-operation Agreement with DaimlerChrysler, Norsk Hydro and the
Royal Dutch/Shell Group for a joint venture to investigate the potential for replacing
fossil fuels in Iceland with hydrogen and creating the world's first "hydrogen
economy." The joint venture, called the Icelandic Hydrogen and Fuel Cell Company
Ltd., with an equity capital of $1 million, will test various applications using hydrogen
or hydrogen carriers with fuel cells.
2/17/1999 Iceland - A Hydrogen-Based
Economy - Shell
Each of the three other partners has equal rights and
shares and already has expertise in this field. DaimlerChrysler has been developing the
fuel cell technology for automobile applications since 1991 and intends to mass-produce
fuel cell vehicles for commercialisation by the middle of the coming decade. Norsk Hydro
has long experience in the production of hydrogen and hydrogen carriers and the
development of hydrogen systems.
2/17/1999 DCH
Technology Chosen by Antaeus for Bridge Monitoring System - PRNewswire
Hydrogen gas is a natural byproduct of corrosion
associated with iron andsteel alloys. DCH Hydrogen Sensors are fast and chemically
selective indetecting very small amounts of hydrogen gas. This form of detection
becomesquite important in the myriad of situations on a bridge where it is notpractical or
feasible to continuously monitor corroding members. Further, theDCH new generation sensor
technology supports remote monitoring using the Antaeus fiberoptic network.
2/17/1999 BASF
and dbb Develop Fuel Cell Propulsion System on the Basis of Methanol - HyWeb
BASF AG of
Ludwigshafen, Germany, and dbb fuel cell engines GmbH of Stuttgart, Germany, have agreed
upon intensifying their collaboration in the development and market introduction of a fuel
cell propulsion system for passenger cars on the basis of methanol.
2/16/1999 Ballard Power Systems: Dr.
Geoffrey Ballard Named by Time Magazine as 'Hero for the Planet' -
Business Wire
"The selection of Dr. Geoffrey Ballard as a Hero for
the Planet recognizes Geoffrey's contribution to the creation of an environmentally clean
product," commented Firoz Rasul, Ballard's president and chief executive officer.
"With his enthusiasm, energy and vision, Ballard Power Systems began the development
of proton exchange membrane (PEM) fuel cells.
2/11/1999 DCH Technology and Freewing
to Integrate Fuel Cells Into Unmanned Aeronautical Vehicle -
Business Wire
Freewing's air vehicles have extremely short takeoff and landing capabilities which are in demand
in both military and the emerging commercial marketplaces. DCH's unique modular approach
to fuel cell systems provides flexibility in handling the various power requirements in
UAVs. This multi-phase effort will begin with replacement of existing lead-acid batteries,
leading into the development of larger power systems which are necessary to support the
operational loads of larger sensor (mission) packages and progressing into the possible
replacement of conventional engines for propulsion. This fuel cell integration will enable
the flying vehicle with longer endurance, higher mission flexibility and improved
logistics worldwide... The Freewing's Scorpion UAV accommodates cameras, radars and many
other types of electronic devices all of which may be energized by the DCH Hydrogen PEM
Fuel Cell.
2/11/1999 GE and Plug Power Finalize Joint Venture to Sell Fuel Cells Worldwide -
PRNewswire
GE Power Systems owns 75% and Plug Power
owns 25% of the new company. In addition to forming the joint venture, GE Power Systems
also acquired10% ownership of Plug Power, with an option to increase its position to 20%
ata future date. As part of the joint venture agreement, Plug Power will work closely with
GE's Corporate Research & Development Center for product development and manufacturing
support. The financial terms of the deal werenot disclosed. GE Fuel Cell Systems will
market, sell, install and service Plug Power-designed and -manufactured fuel cells, up to
35kW, for residential and small business power applications on a worldwide basis.
2/9/1999 DCH
Technology Inc. Ships First Ever Deuterium Process Monitor Using ASIC Technology
- PRNewswire
DCH Technology, Inc. announced today it has shipped the
first lot of its new Deuterium Process Monitor System. Deuterium is a variety of hydrogen
and is used in both industrial and nuclear operations. This System uses the new
Application Specific Integrated Circuit (ASIC) technology that directly combines gas
sensors with Complementary Metal Oxide Semiconductor (CMOS) signal logic. This is a
breakthrough in environmental safety and gas monitoring which will enable a considerable
product quality and facility safety improvement in several industries. This product is the
result of a cooperative effort with a Department of Energy National Laboratory.
AlliedSignal was selected by DCH to fabricate these devices because of the unique
capabilities of its Micro Technology Center to reliably manufacture complex CMOS devices.
MTC is a world leader in CMOS technology.
2/8/1999 Chief Executive Appointed to
Establish Shell Hydrogen - Shell
Shell Hydrogen is being established to take advantage of
the exciting opportunities that are developing in the technology, infrastructure and
applications surrounding the commercialisation of fuel cells. Key projects will be
announced later this year.
2/8/1999 Ballard
Receives $2.1 Million Order from Honda for Fuel Cells - Canadian Corporate
News
Ballard Power Systems announced today that it has secured
a $2.1 million contract (US$1.4 million) from Honda R&D Co., Ltd., of Saitama, Japan,
a subsidiary of the Honda Motor Company, to supply Ballard Fuel Cells, related equipment
and support services. Honda will use the Ballard Fuel Cells in their research and
development program for evaluation and development of fuel cell powered electric vehicles.
2/5/1999 DaimlerChrysler
Calls for Cooperation in Making Methanol A Fuel for the Future - PRNewswire
"Methanol is the fuel of the future, capable of
fulfilling therequirements for sustainable, environment-friendly mobility in the long
term,"said Dr. Ferdinand Panik, head of DaimlerChrysler AG's Fuel Cell ProjectGroup.
"However, in order to be successful in introducing new technologies on the market,
business, government and science must work in closer collaboration." Panik called on
the oil companies to concentrate more effort on alternative energy sources, such as
methanol. DaimlerChrysler's goal is tointroduce fuel cell vehicles running on methanol
fuel in 2004.
2/3/1999 Methanol-Powered Fuel Cell
Systems for Car Engines Cooperation Between BASF and dbb - BASF AG
dbb fuel cell engines GmbH (dbb) of Stuttgart, Germany,
and BASF Aktiengesellschaft of Ludwigshafen, Germany, have agreed to work together even
more closely than before on the development and market introduction of a methanol-based
fuel cell engine for automobiles. A development and cooperation agreement to this effect
has just been signed, under which both partners will develop and manufacture an innovative
catalytic system for steam reforming of methanol. This system will be able to use methanol
to generate the hydrogen that is necessary for the fuel cells.
2/3/1999 Lockheed
Martin Names New Rocket Atlas V - PRNewswire
The common Centaur upper stage uses liquid oxygen and
liquid hydrogen propellants and has the performance option of using one or two RL10
engines.
2/2/1999 BAT
Subsidiary, SSPC, Forms Joint Venture with Anuvu to Manufacture Fuel Cell
- PRNewswire
BAT International's subsidiary, Southern States Power Co.
has formed a joint venture with Anuvu, Incorporated to complete development and
demonstration of an advanced proton exchange membrane (PEM) fuel cell that will be
demonstrated in a series of fuel cell powered electric vehicle runs in California and
other locations. SSPC and Anuvu formed a joint venture company in September, 1998 to
combine fuel cell technology of Anuvu and electric vehicle production capabilities of
SSPC. The joint venture company, Global Fuel Cell Corporation, is owned 50% by Anuvu and
50% by SSPC. SSPC has provided funding, engineering and marketing support.
2/2/1999 Trans-Atlantic
Joint Venture to Build Zero-Emission Vehicles In New York City - Business
Wire
"EVX was formed to convert existing vehicles from
the internal combustion engines to electric power,'' said Malcom Bricklin of EVX Inc.
``One way to do that is to remove the existing engine and replace it with advanced fuel
cell technology. Our goal was to find the best alternative source of energy to the
combustion engine and that is what Zevco provides and that is why Zevco has been chosen as
the Supplier of fuel cell engines for EVX.'' Nicholas Abson, Chief Executive of
Zevco said, "This is a great opportunity for both companies. Not only are we at Zevco
delighted that EVX has chosen our technology but we look forward to working with them to
produce environmentally sound vehicles right here in New York City.''
2/1/1999 Europe's First Hydrogen
Gas Station Opens, Renewable H2 To Come From Iceland - H&FCL
Initially, hydrogen is supplied by a commercial Hamburg
vendor, AGA Gas, which is part of the consortium. The goal is to switch to hydrogen from
renewable sources in Iceland after the initial one-year test phase, to be transported in
special containers or standard tube trailers via ship to Hamburg.
1/30/1999 Cabot's #1 Concept Stock: Pure Power . . . The
Hydrogen Fuel Cell - Cabot Market Letter
1/28/1999 Study
Says Methanol Safer for the Environment than Gasoline - American Methanol Institute
``Our study on the fate and transport of methanol in the
environment showed that, relative to gasoline and its constituents like benzene, methanol
will likely have far fewer adverse impacts on the environment,'' said Dr. Michael C.
Kavanaugh, P.E., Vice President of Malcolm Pirnie. ``This is due to the inherent
properties of the chemical: it is capable of completely mixing with water; degrades
quickly in the atmosphere; and -- most importantly -- will rapidly biodegrade in surface
waters and underground. Generally, methanol is less toxic to humans than gasoline, and is
neither mutagenic nor carcinogenic. When you add all of this up, the overall threat to
human health and the environment of methanol is likely to be far less than conventional
gasoline, under equivalent release or spill scenarios.''
1/28/1999 PTC Groups "Clean Air Alliance" Zero Emission
"Millennium" Taxi to Debut in New York - PTC Group
The proprietary
manufacturing processes developed by Zevco and soon to be transplanted to the US by PTC
for EVX will allow for the use of fuel cells as a cost cutting measure as opposed to a
subsidized novelty.
1/28/1999 Plug Power Demonstrates Automotive
System to Ford Motor Company - PlugPower
The Plug Power system performed exceptionally, closely
replicating acceleration and deceleration conditions with sub-second responsiveness. Plug
Powers system - comprised of auxiliaries needed to simulate operating an automobile
- exceeded its design specifications for power output during its test period, and provided
maximum efficiency by adjusting its rate of fuel flow to required output levels. In
addition, the system attained 75% of its power in less than one-tenth of one second of
operation, simulating the cold start capacity of a combustion engine.
1/26/1999 Air Liquide Purchase of BOC's
Benelux and German Gases Operations Complete - Air Liquide
... a hydrogen business in Germany which operates
a 240 km hydrogen gas pipeline together with a filling station at Marl, Germany. The
pipeline services a number of major chemical, petrochemical and other customers.
1/26/1999 Entergy
Nuclear Units Have Outstanding Year - PR Newswire
...River Bend had a 247-day continuous run following the
plant's only forced outage of the year to repair a hydrogen seal leak.
1/26/1999 NUI Corporation's Annual Meeting of Shareholders: New Activities Gaining
Greater Momentum - Business Wire
...through its partnership with Energy Partners, LC, of
West Palm Beach, Florida, NUI recently performed the first successful United States
demonstration of a 2 kilowatt fuel cell operating on natural gas.
1/26/1999 Global
Warming Opening Huge Markets For Less Destructive New Energy Technologies: ABI -
PR Newswire
1/22/1999 BP Amoco Chemicals Celebrates Construction of New Ohio BDO Plant and
Business - PR Newswire
BOC Gases of Murray Hill, New Jersey has been selected to
construct and operate a hydrogen plant adjacent to the BDO facility.
1/22/1999 DCH Technology Inc.
Expands Board of Directors - Business Wire
Robert Walker is the president of the Wexler Group in
Washington, D.C. As a former member of the U.S. Congress, he was the author and policy
champion of the Hydrogen Futures Act.
1/21/1999 DCH
Technology, Inc. Signs Integration and Value Added Reselling Contract with Horiba Ltd.
- DCHT
1/21/1999 CALSTART
Teams Launch Five New Advanced Transportation Technology Projects - PR
Newswire
TPL Inc. of Albuquerque, N.M., will develop a new
membrane material for fuel cells to eliminate one of their current disadvantages in
transportation applications -- the need for gaseous, hydrogen fuel... New fuel-cell
membrane materials would allow the use of liquid methanol directly in the cell, and make
the refueling process similar to that of current vehicles.
1/21/1999 Bonneville Power
Administration: 'Electric Revolution' Set for March - Bonneville Power Administration
"A revolution is occurring in distributed energy
technologies. This change has the potential to be as quick and radical as the shift from
mainframe computers to personal computers,'' said Jack Robertson, deputy administrator for
the Bonneville Power Administration... Distributed technologies include such things
as small-scale combustion turbines, fuel cells and the use of hydrogen, new designs in
wind power and solar photovoltaics and increased efficiency at the point of use.
1/20/1999 1998:
Successful Year for Boeing Delta IV Program - PRNewswire
Major contracts were signed with: BF Goodrich, Vergennes,
Vt. (sensors); Mitsubishi Heavy Industries, Goya, Japan (second stage liquid hydrogen fuel
tanks); Moog, Aurora, N.Y., (actuators and valves); Parker Hannifin, Irvine,
Calif.,(hydraulic components); Spincraft Division of Standex Precision Engineering and
United Technologies, North Billerica, Mass. (propellant tank domes); and Sundstrand,
Rockford, Ill., (turbine pumps).
1/20/1999 Ballard Receives $3.5 Million Order
from Nissan for Fuel Cells - Ballard Power Systems
Nissan will use the Ballard Fuel Cells in their research and
development program for evaluation and development of fuel cell powered electric vehicles.
1/6/1999 [Ballard]
Ford
Debuts Fuel Cell-Powered P2000 Sedan - Ford
The fuel cell P2000 is designed to achieve the
performance of today's Ford Taurus, which goes from 0 to 60 mph in 12 seconds. The fuel
cell stack and electric drivetrain are targeted to achieve the equivalent of 90
horsepower. Ford is researching the vehicle's fuel cells in partnership with Ballard Power
Systems of Canada, the fuel cell industry's technology leader, and DaimlerChrysler AG.
...The research car's electric power comes from the latest generation Proton Exchange
Membrane (PEM) fuel cells, considered the most promising for automotive application of
three current types of fuel cells. ...Researchers
determined that the safety risks of hydrogen as a vehicle fuel compare favorably with
other vehicle fuels such as gasoline, propane and natural gas. Studies also show that
hydrogen can be cost-competitive with gasoline on a cost-per-mile-driven basis if
generated by small, factory-built steam reformer or electrolyzer appliances capable of
supporting up to 100 vehicles. These small appliances would avoid a large-scale capital
investment in the short run and offer flexibility in the size and location of refueling
stations.
1/5/1999 The Clean Energy
Project - BMW
The vision: next
century we will be using a fuel that is as clean as water and of which there is absolutely
no shortage. It is the foundation of all life and can be perfectly generated in an
environmentally-friendly way from sun and water. The solution: hydrogen.
1/4/1999 Jeep® Concept
Commands Respect in all Environments - DaimlerChrysler
"Typically, high fuel economy concepts are mid-sized
or smaller cars," said Bernard Robertson, Senior Vice President-Engineering
Technologies and General Manager-Truck Operations. "But we asked, 'Why not put the
fuel cell in a larger vehicle that could really use a boost in fuel economy?'" Jeep
engineers believe the Commander is the world's only four-wheel-drive vehicle that runs on
electric power. The Commander borrows two EPIC minivan electric motors, one for each axle,
that provide full-time, four-wheel-drive.