Australian (ASX) Stock Market Forum

CFU - Ceramic Fuel Cells

So with the Renewable Energy target (ret) being a done deal between the labor party and the coalition. Does this affect CFU by any means. Is there an advantage for CFU here to take part of this scheme. Cause it looks like its solely on Wind farms and Solar panels. Anyone know how CFU is affected?

IMHO I can't see Solar energy being of much benifit in countries like England, Europe and Japan; wind farms maybe?? Furthermore solar energy and wind farms are very expensive to set up and their efficency rating is some where around 15%. Coal fired 35 % and CFU are now up to 60% with extremely low CO2 emmissions.

Whilst the Victorian Power Authority have endorsced CFU, I believe the main markets will be in Europe and Great Britain hence their reasoning for building BLU GEN units in Germany which will be closer to the major markets.
 
CFU jumped up 20% today on HUGE volume and there's still a heap of buying volume sitting in the market depth, reminds me of the when they launched BlueGen

Wonder if there is a positive announcement coming:cautious:

cheers
 
46 million shares on no news.
A query from the ASX should shake out the reason.
If not, I hope its not a p n d:eek:
 
46 million shares on no news.
A query from the ASX should shake out the reason.
If not, I hope its not a p n d:eek:

It certainly is a big turnover but not unexpected. Manufacturing starts in Germany Oct 2009. There is good prospects for sales in Europe, Great Brittain and Japan having meet all of the conditions requested by Japan in particular.

Our own state of Victoria appear to be quite interested as well.

IMHO, good times ahead!
 
anyone know when the government grants are announced ?
maybe that is coming up soon
it certainly has been consolidating for a while now so on the charts this breakout should continue

other stocks meo + cnx that i hold have had similar good moves the last two days
often meo + cnx track each other in the market

maybe more confidence in market for risk in last 2 days
 
Another healthy rise in SP today. to 22
On good volume also ..14mil

Perhaps an anouncement in the wind? Or maybe the manipulators at it again

Sure wish I had picked it in the stock comp this month..good luck to you craigj and all holders :)
 
Choo Choo "All aboard ... this one is going to Riskville by express" :eek: *waving frantically* Clickety Clack

Bye Trainspotter! <waves frantically as train pulls away>

I was juggling between CFU and BAU and chose BAU for the competition. Both in the top 4 at present, we shall see who wins.
 
So with the Renewable Energy target (ret) being a done deal between the labor party and the coalition. Does this affect CFU by any means. Is there an advantage for CFU here to take part of this scheme. Cause it looks like its solely on Wind farms and Solar panels. Anyone know how CFU is affected?
Natural gas is not a renewable energy source so, in theory at least, there's no relevance to a technology based on it.
 
IMHO I can't see Solar energy being of much benifit in countries like England, Europe and Japan; wind farms maybe?? Furthermore solar energy and wind farms are very expensive to set up and their efficency rating is some where around 15%. Coal fired 35 % and CFU are now up to 60% with extremely low CO2 emmissions.
The efficiency of converting wind or solar into electricity isn't relevant unless there's a shortage of those resources which, in most situations, there isn't.

It's not like coal (30 - 40% efficiency depending on grade and technology), oil/gas (30 - 55% efficiency depending on technology) or hydro (roughly 85% efficient) where the primary resource is limited globally and/or locally, polluting and/or expensive to develop such that efficiency in use is of major benefit. But it doesn't really matter if we waste sunlight - there's plenty of it and it's free.

If wind costs $80 per MWh then the only benefit of increased efficiency is if either (1) it lowers costs (possible but not necessarily - the increased efficiency would likely come at a price) or if it enables more power to be produced from a limited wind resource. But unless you want to generate 1000 MW on a tiny island, lack of wind (ie space to put the turbines) isn't normally a problem, in which case it comes down to cost and efficiency doesn't really matter.

It's like how a clothes line in the backyard is usually less energy efficient than an electric clothes dryer (true). But since the sun shining in the backyard is free and otherwise goes to total waste, it makes sense to use it in preference to electricity (which is neither free nor wasted if not used to dry clothes) even if it's done inefficiently. We're not going to run out of sun by using it inefficiently - it will keep shining regardless and nobody sends you a bill for the amount you actually used.

Free sunlight used via a cheap and easily manufactured device (clothes line) works nicely even if it's inefficient - a more efficient version would only be useful if it had some non-efficiency benefit (eg cheaper, easier to use) or in places not big enough to physically fit the low-tech, inefficient design we're all familiar with.

Using the clothesline example, I could increase efficiency by using solar to generate the power to run a heat pump drying machine. But that's going to cost well over $10,000 so there's no point - cheaper to just stick with the inefficient line in the backyard unless there's no space to put it etc.
 
Check out the UK forum website.

http://www.iii.co.uk/investment/det...on&code=cotn:CFU.L&threshold=0&pageno=2&it=le

By the author of 'outtheresomewhere' has spoke to the Shadow Minister for climate change 'Greg Hunt about CFU.

If it doesnt work i will post here...Thanks 'outtheresomewhere'!

"I have just finished a phone conversation with Greg Hunt the Shadow Minister for Climate Change, Environment and Water in the Federal Parliment. He expressed what seemed to be sincere interest in emerging technologies and particularly in CFU.

I raised a number of points that we here are all aware of. He was responsive and along with all things technical, he seemed impressed with the recent listing of CFU in the Top 300 on the ASX last week, the high ranking of CFU at the Guardian Manchester Festival of ideas in July and the fact that this technology could be seen to play a role in the debate as a low emmissions based tecnology.

I raised the Govt's White Paper (Dec 08') re: 'The Climate Change Action Fund' where, in part, provision is made for Capital Allowances and Grants for investment in Energy Efficiency and Low Emmissions Technologies.

I felt it appropriate to recommend the CFU website and all announcements for 2009 as a comprehensive site.

Mr Hunt also raised the South Korean Govt subsidies as a highlighted interest and asked for more details.

To all of this Mr Hunt was dead keen for me to forward info to him and importantly he was going to actively seek out the company in Melbourne and initiate a visit.

Maybe I can act as conduit or quazi Shadow Ministry researcher. I feel we have someone with considerable influence in the debate who has an open door approach and genuine interest in emerging technologies.

Well there are probably a few cynics, however let me say, this man seems genuine and the debate is definitely on the agenda.

The future looks pretty good."
 
http://www.iii.co.uk/investment/det...on&code=cotn:CFU.L&threshold=0&pageno=1&it=le - post on Mon 3:30!

Even better news! again from same author 'outtheresomewhere' posted wonderful news!

Here is the post if link doesnt work- Thanks again 'outtheresomewhere'!

"Having sent some requested info through to the Shadow Minister (RH Greg Hunt) after our conversation on Sunday, I received a return email from him. He informed me that he has arranged to meet with Brendan Dow this coming Friday.

I have sent similar info to various Govt MP's and I hope for a response from them as well.

We'll see.":D
 
http://www.i4u.com/article26768.html

Volkswagen entering our game as well. They should just buy out CFU rather starting from scratch, since CFU is ahead of the game. Unless VW buy out Ceres Power. Then CFU will have to worry. :banghead:

Heres the article if link doesnt work.

"Volkswagen is bigger than ever with the merged in Porsche, but making cars seems not enough for the company. According to German Spiegel Volkswagen is supposed to revolutionize the energy market with small power plants for homes.
Together with the German Green Power supplier Lichtblick VW wants to sell tiny natural gas power plants people can install in the cellar of their homes. Besides power the VW home power plants also generate warm water and heating.
The tiny power plants are supposed to be networked and feed power into the grid when it is needed most. The plan is to replace at least two nuclear power plants.
If Volkswagen can do for the energy market what they once did with the Beetle than traditional energy suppliers have to worry."
 
It's all rather exciting.

The branding of the units is going to be very important as the lesser copies come out. This could be the difference between the company becoming a profitable operator or an operator like "Apple" with their iPods.
 
Yes very exciting..another solid advance today taking it to 23.5


"Volkswagen entering our game as well. They should just buy out CFU rather starting from scratch, since CFU is ahead of the game. Unless VW buy out Ceres Power. Then CFU will have to worry."

Thanks ,ants for feretting out the latest...agree ,better hope VW don't go after Ceres.
 
Thought it was worth posting this comment from the UK forum:

I have asked CFU if they are aware of the Volkswagon plan to enter this market. I got the following answer:

Yes we are aware of VW's plans. They plan to use a small internal combustion engine technology. There are existing mCHP products using similar technology - eg the Honda "Ecowill" mCHP product. These units typically have an electrical efficiency of less than 20% (in some cases less than 10%) so we do not see them directly "competing" with our high efficiency product. It is actually good for us to have large well known companies move into the market - it validates that mCHP is a "good idea" and builds customer awareness. We can then come along and offer a product with a key advantage - the highest electrical efficiency.

It shows that they are on top of the market!​
 
I came across an article on CFU last month on the Australian Energy Report at energyreport(dot)com(dot)au and I bought in based on the article. I am UP about 28% in 2 weeks. It sounds like their technology could be a goer. I wonder how they will be affected by the RET legislation that got passed? Any views?:)
 
I came across an article on CFU last month on the Australian Energy Report at energyreport(dot)com(dot)au and I bought in based on the article. I am UP about 28% in 2 weeks. It sounds like their technology could be a goer. I wonder how they will be affected by the RET legislation that got passed? Any views?:)

Gday Theta, I believe Smurf1976 covers a valid point with respect to the RET.

Natural gas is not a renewable energy source so, in theory at least, there's no relevance to a technology based on it.

Not to say that the efficiency of the system is a very worthwhile 'green' consideration. I agree that the company has exciting prospects.
 
Environment and Natural Resource Committee
Inquirey into the approval process for renewable energy projects
Melbourne 27 July 2009

Witness

Mr B. Dow, Managing Director, Ceramic Fuel Cells.

CFU holders must read, and potential buyers should read. Its good i got in Dec and topped up more at 5c. Hopefully June 2010 a 1500% return and retire at 21! or am i dreaming to much....lol

http://www.parliament.vic.gov.au/en...gy/transcripts/27_7_09_Ceramic Fuel Cells.pdf
 
Thanks for the post bugmenot.

Antz, that talk in front of the Environment and Natural Resources committee just shows what exasperates me about Australia. In Europe, many of the leading people in the most important positions are technologically trained, engineers, scientists and such. We seem to have lawyers and similar degrees in those positions and they just can't grasp technological breakthroughs. Just no understanding of an electrical grid.

When the French bring out their version of the unit and call it "Le Cerami", they'll want it then.
 
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