Cheap Hydrogen: GE's Low-Cost Electrolyzer

 Cheap Hydrogen: GE's Low-Cost Electrolyzer
BREAKTHROUGH AWARDS 2006: Innovators Richard Bourgeois and the General
Electric Electrolyzer Team

http://www.popularmechanics.com/science/research/4212844.html

 

lkgeo1 wrote:


The electricity it uses isn't low cost though.

Graham

 

wrote:

You may have to EAT your words:  GE unit investing in wind farms in 4
states
Associated Press
STAMFORD, Conn. - GE Energy Financial Services announced Thursday it
is investing $270 million in wind farms in California, Illinois, New
Mexico and Pennsylvania.

The company, a unit of Fairfield-based General Electric Co., is
investing along with a subsidiary of Charlotte, N.C.-based Wachovia
Corp. in six wind farms owned by affiliates of global investment and
advisory firm Babcock & Brown.

"This transaction continues the expansion of the geographic footprint
and technology mix of our wind holdings," said Kevin Walsh, GE Energy
Financial Service's managing director and leader of renewable energy.

All of the wind farms have either been completed or will be completed
by the end of April, except the Pennsylvania operation, expected to be
finished by December.

GE shares traded at $36.21, down 26 cents, Thursday morning on the New
York Stock Exchange.

The announcement is the latest in a series of deals to expand GE's
foothold in wind power production. On Wednesday, GE Energy Financial
Services announced it would sell 165-megawatt wind farms in Germany
for 5.2 million shares of Theolia, a Paris-based company that
generates electricity from wind power.

GE Energy Financial Services also purchased an additional 1.2 million
shares of Theolia stock for about $26 million and has the opportunity
to increase its ownership to up to 22 percent of Theolia.

In September, GE Energy Financial Services announced it would finance
the construction and operation of Tawhiri Power LLC's wind farm in
Hawaii.

 

lkgeo1 wrote:


Wind generated electricity is typically about twice the price of coal generated.

Graham

 wrote:

and coal is much, much dirtier !