Showing posts with label Valence. Show all posts
Showing posts with label Valence. Show all posts

Friday, December 1, 2006

Electric batteries versus fuel cells

The war on the auto sector between electric batteries (nano titanate, lithium ion, nickel metal hydride and nickel cadmium) and fuel cells seems to replicate the late war between the Super 8 camera and the VCR technology.

If the electric batteries developers - Altair Nanotechnologies, Valence Technology and A123 Systems - accomplish their promised goals, then the fuel cells technology can be overidden and even become a pre-flop - a flop that doesn't even happen. That is, fuel cells, which, furthermore require a hydrogen station apparatus, batteries could never be launched.

Electric batteries developers say that batteries can be charged at stations or at the user garage. Altair has announced that Nanosafe batteries can sustain 15,000 cycles (charge/discarge), last for 130/250 miles per charge, charge in 10 minutes at the station or 2 hours at home. That would make the hydrogen technology... obsolete.

"The 35 KWh NanoSafe pack can be recharged in less than 10 minutes, with the appropriate battery charger and provides sufficient power and energy for a fleet vehicle to travel up to 130 miles. The 70 KWh NanoSafe pack can also be recharged in less than 10 minutes, with the appropriate battery charger and provides sufficient power and energy for a full sized SUV to travel up to 250 miles."


Unless the fuel cells technology achieves the neo-alchemic dream of transforming water directly into energy and a consumer can put water in the tank which would be processed in hydrogen and then in energy, an electric battery charged with 3 dollars (!) will be absolutely better.

Les jeux sont faits. So, let's wait for a supplier chosen by a major player and see the big contract coming...

Disclaimer: in my portfolio, I own shares of Altair.