Alternate Energy Corporation FAQ Backtrack #1

The Internet Wayback is a great tool for tracking moving targets. Let's compare the Alternate Energy Corporation FAQ from 2003-Nov, 2004-Jun, 2004-Nov, and now.

1) Why is AEC’s hydrogen production technology unique? How is it more viable than other forms of hydrogen production?

2003-Nov It has been stated by leading industry experts that the hydrogen economy will not become reality until two important developments occur;
a) A reduction in the selling price of a reliable fuel cell, and
b) The availability of low-cost hydrogen.

Many fuel cell prices have started to descend, but are still considered to be too high for mass appeal. In addition, what is not included in these prices is the operating cost, which can include the replacement of very expensive membranes (i.e. PEM). The PEM fuel cell’s current cost includes the precious metal platinum, which currently represents approximately 30% of the cost of the cell. Therefore, any saving in cost is over-shadowed by the cost of the platinum, the result being an expensive fuel cell.

AEC’s affordable, on-demand Hydrogen production technology provides the solution to item b) above.

The least expensive hydrogen is currently derived from the reformation of fossil fuels such as natural gas, costing approximately $0.10 to $0.12 per kw (emphasis added) Check the units. What's 12 cents per kW mean?. Current cost estimates indicate that AEC can produce hydrogen at a significantly lower cost and realize a strong profit even with selling it at a very competitive price. For business reasons AEC has not announced their cost of producing hydrogen nor the selling price

This will mean a potential savings to those that use hydrogen for any number of retail and small commercial applications. For those considering the purchase and use of fuel cells for alternative power needs, our low-cost hydrogen drastically reduces the operating costs, making it an affordable investment.

In summary, AEC is the only known low-cost producer of high-quality, on-demand hydrogen.

2004-Jun Ditto.

2004-Nov a ) Astris partnership played up.Many fuel cell prices have started to descend, but are still considered too high for mass commercial appeal. In addition, what is not included in these prices is the operating cost, which can include the replacement of very expensive membranes (i.e. PEM). The PEM fuel cell's current cost includes the precious metal platinum, which currently represents approximately 30% of the cost of the cell. Therefore, any saving in cost is over-shadowed by the cost of the platinum, the result being an expensive fuel cell. AEC has partnered with Astris Energi, a leader in Alkaline fuel cell technology, because of their fuel cell's strong reliability and lower cost due to a non-reliance on precious metals.

b) Cost claims made more vague. The least expensive hydrogen is currently derived from the reformation of fossil fuels such as natural gas. Current cost estimates indicate that AEC can produce hydrogen at a significantly lower cost and realize a strong profit even with selling it at a very competitive price.

For those considering the purchase and use of fuel cells for alternative power needs, our low-cost hydrogen drastically reduces the operating costs, making it an affordable investment. Combining a relatively low-cost and reliable fuel cell with AEC's inexpensive, on-demand hydrogen offers an affordable and portable fuel cell solution to the market.

2005-May Ditto.