FUELCELL (FCEL) INC.
Though the energy density is greater for hydrogen, you then need to add the weight of a fuel cell stack, which detracts from the apparent energy density. Conventional batteries include the conversion mechanism.
Hydrogen powered vehicles offer particulate free transport for cities where diesel engines are choking the population and causing lung cancer. There is an abundance of clean wind and solar energy that can produce green hydrogen, something that at the moment is not happening, but will accelerate as EVs become cheaper.
As of March 2022 FuelCell Energy (FCEL) had a market cap of $2.31 Billion. This makes FuelCell Energy the world's 3340th most valuable company by market cap according to recent data.
The fuel cells this company manufactures are not for mobile applications. More static alternative sources of electricity and heat.
The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.
All commercial fuel cells have a similar basic configuration, an electrolyte, permeable membrane and two electrodes, but there are different types of fuel cells based mainly on what electrolyte they use. Fuel cells are stacked and wired in series (just like lithium batteries) to raise the operating voltage.
FuelCell Energy power plants convert fuels such as clean natural gas or renewable biogas into
electricity, heat, and water through an electrochemical reaction within the fuel cells. This combustion-free power generation process creates electricity that is virtually absent of pollutants, supporting customer sustainability goals and promoting public health for neighboring communities.
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