http://ecofinance.blogware.com/blog/_archives/2006/2/22/1777302.html Italy’s Acta (ACTA.L) is the inventor of direct ethanol platinum-free catalysts for fuel cells.
Acta chief operating officer Toby Woolrych expects its catalyst to be commercialized in smallscale applications by 2008, but sees commercialization in transportation farther off, around 2015.2015??
Hydrogen Hype vs Reality
by ecolog on Wed 22 Feb 2006 07:13 AM PST
Ballard Power System’s (BLDP) stock shot up today, apparently boosted by the presidential speak on hydrogen fuel cells. Yet following President Bush’s State of the Union Address, the ethanol economy appears to be closer to reality than the hydrogen economy. In fact, both are complementary visions. With close to 200 ethanol plants under various stages of construction, more service stations accommodating high ethanol blends (E85) and more flex fuel cars on the road, ethanol-powered fuel cell cars seem a logical next step.
Trouble is, the direct ethanol fuel cell faces a substantial technical challenge. Conventional low temperature platinum-based fuel cells running on ethanol do not operate at commercially acceptable output levels. Thus, investors are starting to place a premium on platinum-free fuel cell technology alternatives. Italy’s Acta (ACTA.L), the inventor of direct ethanol platinum-free catalysts for fuel cells, went public on AIM in October 2005 and is up 20 percent, trading close to its 52-week high. Sumitomo Corp has an exclusive marketing agreement to market Acta catalysts in parts of Asia.
Other companies competing at the ethanol pump include venture-backed QuantumSphere and Franklin Fuel Cells. QuantumSphere—the leading supplier of metallic nanopowders—is using nanotechnology-enabled nickel as a replacement for platinum catalysts, similar to Acta’s technology. Nickel is less expensive than platinum. Nobel Prize laureate Dr. George A. Olah, the developer of the direct methanol fuel cell (DMFC), has just joined QuantumSphere’s board.
Franklin Fuels is developing a direct oxidization solid oxide fuel cell employing a copper-ceria impregnated anode, dispensing of more expensive nickel. The fuel cell, which Franklin expects to commercialize within 12 months, has been demonstrated on retail pump gasoline, ethanol and other fuels. Acta chief operating officer Toby Woolrych expects its catalyst to be commercialized in smallscale applications by 2008, but sees commercialization in transportation farther off, around 2015, in line with Ballard’s view.