Plug Power Has Lost $3.12 Billion Since 2010, Never Turned A Profit, Stock Collapsing

Credit to Author: Michael Barnard| Date: Thu, 27 Feb 2025 03:40:15 +0000

This is the year that the hydrogen bubble pops, especially for transportation, but increasingly for all hydrogen for energy plays. One of the firms on my hydrogen death watch is Plug Power, which has managed to lose $3.12 billion of other people’s money since 2010, about $200 million a year … [continued]

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Canada’s Hydrogen Bus Trials Canceled Due To High Costs & Emissions

Credit to Author: Michael Barnard| Date: Thu, 06 Feb 2025 04:32:16 +0000

For several months I’ve been digging through what’s going on with a Canadian transit ‘think’ tank, CUTRIC, and why it’s pushing hydrogen buses into city plans across the country. It keeps claiming hydrogen buses have been a success and are cheap, but cities keep canceling their plans for them as … [continued]

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Hydrogen Buses Hurt The People They Are Meant To Help

Credit to Author: Michael Barnard| Date: Wed, 05 Feb 2025 04:00:55 +0000

A sign of a great city is that the rich take public transit. Well, not really. They take light rail and subways. But they don’t take buses. In many cities, light rail systems attract a more affluent ridership compared to buses, highlighting a persistent disparity in public transit usage. Studies … [continued]

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Transportation Firm Deathwatch: Hydrogen & EVTOLs

Credit to Author: Michael Barnard| Date: Thu, 30 Jan 2025 01:34:06 +0000

For several years there have been a couple of parallel slow motion failures in the making, the use of hydrogen in transportation and the Jetsons’ fantasy of air taxis zipping over cities. Neither were based in economic, regulatory, or technical reality, preferring instead to have vast sums of governmental and … [continued]

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U.S. Railroading: What Sector’s Future Power Suppliers Will Need to Know

Credit to Author: Contributed Content| Date: Tue, 07 Jan 2025 15:29:45 +0000

Among the elements of America’s carbon-based industries and infrastructure being impacted by electrification, transportation exhibits, first, widespread economic and environmental impacts (private highway vehicles) driven by emerging technology, public policy, […]

The post U.S. Railroading: What Sector’s Future Power Suppliers Will Need to Know appeared first on POWER Magazine.

electric locomotives

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Canadian Transit Think Tank CUTRIC Chooses Inaccuracy, Irrelevancy, & Attack

Credit to Author: Michael Barnard| Date: Sun, 10 Nov 2024 13:06:13 +0000

Over the past three weeks, I’ve been assessing various aspects of the Canadian Urban Transit Research and Innovation Consortium’s (CUTRIC) positions, research, and publications on transit bus decarbonization. I’ve published ten articles directly about CUTRIC’s material and reports, or closely related and with serious implications for their claims that both … [continued]

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