Ballard Power Systems, Inc. (BLDP) and Plug Power, Inc. (PLUG) have recently been evaluating and analyzing the impact that hydrogen fuel cell technology can have on greenhouse gas emission reductions. To access a summary of the results, one can visit Ballard’s website (www.ballard.com) or visit Plug Power’s website (www.plugpower.com).

This analysis was primarily focused on how fuel cell applications, through residential applicability, commercial applicability, and public applicability, can reduce overall Green House Gas emissions. This study has found that the global GHG reductions, by the year 2025, can be reduced in the range of 31 to 116 million metric tons. However, this range is ultimately affected by the number of hydrogen fuel cell technology utilized within United States. Both companies assert that this level of GHG reductions equates to the removal of 1.4 to 5.6 million cars from the world’s roads by the end of year 2025.

“Our analysis provides a view of realistic environmental benefits that can be anticipated from fuel cell adoption in commercial markets,” said John Sheridan, Ballard’s President and Chief Executive Officer. “There are a range of market applications for which fuel cell based products provide competitive advantage, while at the same time significantly reducing GHG emissions.”

“With today’s increased global awareness around the impacts of climate change, it’s increasingly important that corporate decision-makers drive incremental value through a focus on the sustainability of their products, operations and corporate cultures,” said Roger Saillant, President and CEO of Plug Power. “This analysis provides an important benchmark that helps confirm the value of continued investment in the fuel cell industry.”

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