Australian (ASX) Stock Market Forum

CFU - Ceramic Fuel Cells

Thanks for the link antzlovinit, interesting read

Stunned by the fact that first units will cost around $25K! :eek:
That one surprised me also, considering they mentioned an expected RRP around $8k at the product launch.........although just reading though the launch pdf they said "When mass produced" which is what they have said in the committee transcript. Looks like they are working on reducing the early adoption costs with subsidies until mass production cost efficiencies are achieved, similar to what Germany(IIRC) have approved...........this in itself should help fastrack mass productions pricing

At minimum they are looking for a 'fair' feed in tariff equal to the retail consumer charge.............I say go for broke and get the same tariffs and subsidies as the solar guys:D

cheers
 
CFU is soon going to be on the Front page...Like we all hope it will be soon!

The opening of the Plant on the 2nd of October will increase the Sp by a few cents. Victorian gov backing up the Blu gen unit. Now we know this should be good cause no minister wants to invest in something that would make them look bad.

Then early 2010 hopefully units will sell across europe and 2012 we win the court case and the signage of a 100 000 unit/unit contract...but whose to say CFU will be around...O great a take over bid from one of the big players who are watching us now and waiting to see if CFU will kick off!

Are we strong enough to play our own game or does are well recognised player change the world for us? Nuclear plants are fading and we need to tackle climate change as fast as possible!

O Mr World Leaders have you seen the Blu gen unit. It saves 18 tonnes a year of Carbon Dixode compared to solar energy that saves 2. hmm do the math > 1mill homes with BLU Gen units will save us ...? O if the blu gen unit was mass produced and o how cheap it will cost for everyone to buy! O how our SP will be US$150 in 2 years! :D
 
Looks like someone got the CFU bug:D

...........US$150 SP, now that would be nice..........might just retire to the Bahamas with my $60M:cool: <slaps self> Wake up Macca:D

cheers
 
antz - to what court case are you referring?????
.................................I wasn't aware of one.
 
Looks like someone got the CFU bug:D

...........US$150 SP, now that would be nice..........might just retire to the Bahamas with my $60M:cool: <slaps self> Wake up Macca:D

cheers

I was going to retire in the bahamas once the first major contract was signed! I will build my 9-star resort and you will have somewhere to stay!:cool:
 
Keith Orchison from Business Spectator is really starting to jump on the CFU bandwagon. I think I will sell off some of my other speccies and top up on CFU shortly, there are certainly whispers in the corridors around this stock.

http://www.businessspectator.com.au...nd-disadvantage-pd20090921-W47WX?OpenDocument

Home ground disadvantage

My recent post about fuel cell power generation has led me on to a piece of reading that highlights how difficult it is to get workable energy policy in Australia.

Contemplate this: while the Melbourne inventors and manufacturers of an alternative energy source are battling to get support here, their product has qualified for a leg-up in Germany and Britain! The details of this home ground disadvantage are set out in the Victorian Parliament Hansard transcript of an Environment and Natural Resources Committee hearing in Melbourne on 27 July.

Giving evidence was Brendan Dow, chief executive of Ceramic Fuel Cells Limited, developers of solid oxide fuel cell technology to provide low-emission electricity from natural gas. This is my truncated version of his story:

The company’s BlueGen micro-generator is a steel box, dishwasher sized, that can be put in place outdoors alongside a home’s gas and hot water tanks. (Dow’s talking about Victoria, where direct gas use has made considerable inroads in the residential market because of the long availability of the fuel, chiefly from Bass Strait). It does not make any noise to annoy the neighbours. Installation does not require a special permit or environmental approval. It will make double the electricity that your home needs and the excess can be returned to the power grid. It will save 18 tonnes of greenhouse gas emissions per house per year compared with three tonnes for the solar PV unit on your neighbour’s roof because using the latter will still require more than half the electricity needed to come from brown coal generation.

Here’s the catch. The solar neighbour, under Victorian law, gets a premium of 61 cents per kilowatt hour from the electricity supplier for energy available to be fed back to the grid but an installer of the fuel cell unit doesn’t get any support at all. The neighbour probably also qualified for the federal government subsidy for installing the PV system. Gas is not renewable, so fuel cells don’t qualify.

The solar equipment, by the way, may well be made in China.

Meanwhile, BlueGen units will qualify for a feed-in tariff in Britain from April next year under new Brown government policy to encourage cleaner technologies. In Germany, buying one of the units – CFCL aim to be in mass manufacture here and there by early 2010 – will not only attract the a feed-in tariff but also a subsidy to encourage early buyers equivalent to about $5,800 a year.

Nuts, it seems to me, is too polite a word to describe this situation.

In the refined atmosphere of Melbourne’s Parliament House, of course, Dow did not indulge in any such vulgar abuse. He explained to state MPs that CFCL was not even calling for the premium feed-in tariff available to solar PV users – “although that would be nice,” he said – but would be pleased to see a one-for-one arrangement, where the homeowner received the retail price of electricity, about 17 cents per kWh at present.

Apart from its capacity to contribute to emissions abatement, the fuel cell unit, like solar PVs, can bring relief to power network providers who are hard-pressed to deliver the system expansion required to meet burgeoning demand – not least the multi-billion dollar outlays required to meet peak demand.

“Network companies,” Dow told the MPs, “are incentivised to outlay capital to build more substations, more poles and more wires by receiving a return (paid through network charges) on the investment.” Micro-generation can free up that capital.

The technology, Dow asserts, is ready for the market. Kick-starting its use, as governments are doing with solar PVs, would enable the unit purchase cost to be cut back from as much as $25,000 initially to around $8,000.

As they say, go figure.
 
SP has just broached 30 ..the chartists might be able to tell if this is a resistance point...

Has been trading very strongly all day.Looks like the news from the UK re Brown's decision to support these types of tech has been a catalyst for action.

Good luck to all holders :)
 
I hope u topped up yesterday. The sp is up 7% which is alot and I can only see more positive news to come from europe. It will never be too late to get in now and wait till next yr.

I could see expansion in the asia market!
China and Japan are planning to reduce emmissions by 2020. Hopefully soon we can get a contract going with palomo and something with china. Just hope China dont buy us out.

GL to all, I hold!:)
 
shes looking a bit overcooked ATM.
Popped out of top bolly and RSI up in the 70's
Maybe a chance to take some profit and buy back in on the dip...or just hang on.
Hmm chart didnt attach....
 

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will not give up...puff...puff...must paste image lol
Also must get 100 charactors in to make post work lol
 

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shes looking a bit overcooked ATM.
Popped out of top bolly and RSI up in the 70's
Maybe a chance to take some profit and buy back in on the dip...or just hang on.
Hmm chart didnt attach....

Hopefully that ditch will be 25c, so i can top up more. Although i predict that dip to happen ............there prob be a trading halt coming soon for the opening of the factory. so i will get in on friday before the announcement.
 
Announcement out today and CFU has bolted from the gate. Currently up 14.3% at 32c.

It's been almost a year since SP has been over 30c, and this is the first time since the downturn. CFU tried to breach 30c last week but just bounced off it, now it's breached 30c it may be in for a run. If it can stay above 30c this may be a resistance level

I picked up a bunch more at 28.5c

cheers
 
Very good to come home and see they finished the day at 31.5

Good onya ,Macca! I have finally broken into a modest profit.The accounts look to have pleased the market on a generally ordinary day.

Toot Toot ..where is trainspotter?? :)
 
Very good to come home and see they finished the day at 31.5

Toot Toot ..where is trainspotter?? :)

He's at the station :)

There are a lot of good announcements coming up over the next three months relating to final prototypes and manufacture. Exciting times:)
 
Ahoy Sea-Cadet Boyou

The Potential may excite you but I find the Technical much less flattering
I wish you Gods speed and Safe harbour

Any bounce will be a simple case of "Get-out Stakes" IMO

Salute and Take Care
and Please be quick and decisive when the time comes for ACTION!

Not gloating Captain..just reminding you I am still riding the winds of fortune..favourably may I add... :)

Cheers Ya'll
 
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