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Why Solar Companies Need to Address Panel Theft
April 7, 2011
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Journalist and Analyst Arthur O'Donnell talks about the rising problem of solar panel theft at project sites around the U.S.
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In short, there are three reasons for the failure of hydrogen fuel cells to reach mass penetration, even though billions of dollars have been spent on the technology by both the private and public sector for the past 50 years:
1. Cost
2. Cost
3. Cost
Simply put— hydrogen fuel cells produce electricity or as physicists would say "work" at too high a cost to compete with traditional energy products. To date, there has been no mass application that uses hydrogen fuel cells economically. With so much money over so many years, why is there so little to show for it? Yes, there is no CO2 emission and yes there are potential enormous applications which I will get to later, but first let's look at the reality of hydrogen fuel cells in 2011.
Market Opportunities of Hydrogen
Let's take a look at the automobile market as an example. An automobile manufacturer today produces an internal combustion engine for about $3000 cost. Assuming that this engine is about 80 horsepower (hp), its electrical equivalent is about 60,000 watts or 60 kilowatts (kW). Today's fuel cells cost about $1000 per kW. Therefore a fuel cell needed to power a moderate sized automobile costs about $60,000. To meet the cost of $3000, there needs to be a 20 fold reduction in cost down to about $50 per kW. To reach a cost that would allow an automobile of marketable cost, a cost of $200 per kW or total engine cost of $12,000 would probably work. Such an engine cost would allow an automobile to be marketed for around $30,000. Such a price point would be attractive since the product has other attractive attributes suc