PyroGenesis Inc T.PYR

RE:RE:RE:is hydrogen a competitor with Pyr in steelmaking ?

[topseeker]

CndnBacon wrote: I really don't think that would be the case.....the RISE project was just commisioned over the past 12 months, and its successful cometion even more recently, so as the German Gov has lilely been looking into hydrogen for quite a number of years, as have many corporations and countries, it would have been impossible for them to have forseen and anticipated the recent developments of RISE and Pyrogenesis. Regardless, their idea to propel the use of hydrogen to offset/replace dirtier fossil fuels and also support the stabilisation of green energy production from their flucuation issues, is sound

CndnBacon wrote: Sounds like, after 30 yrs, Ballard Power Systems will finally start gaining real traction

Tcheck wrote: sorry for the garbled message ,copy paste doesn t work all the time
so i posted the same message again.sorry for the inconvenience

its a long time off but
does it change the outlook for pyr somewhat (in 20 years time lets say ,just kidding )

The German government is poised to agree Wednesday on a long-term strategy
for increasing production and use of hydrogen as part of a plan
to cut the country’s greenhouse gas emissions.

While hydrogen is currently produced almost exclusively from fossil fuels,
 the government plans to encourage its production from excess electricity
 generated by renewable energy sources.

Experts say this so-called green hydrogen could help smooth out the problem
of solar and wind power's fluctuating supply, and replace fossil fuels
in industrial processes that require high temperatures such as steel making.

The government plans to invest 9 billion euros ($10.2 billion)
 to promote hydrogen production and use, including 2 billion euros
 that will go toward projects in developing countries.

Germany's transport minister, Andreas Scheuer,
told the Funke Media group that the widespread use of technology
 such as hydrogen-powered engines in buses and trucks is necessary
 if the country wants to meet its emissions reduction targets in the transportation sector.

Chancellor Angela Merkel has backed a national goal of ending greenhouse gas emissions in Europe by 2050
to meet the goal of keeping global warming well below 2 degrees Celsius (3.6 Fahrenheit) by the end of the century.

Scheuer said Germany will have about 100 hydrogen fueling stations
by the end of 2020 and add a further 10-15 each year, giving it the biggest such network in Europe.

Japan, which like Germany has no major fossil fuel resources of its own,
has invested heavily in hydrogen technology. China and South Korea likewise
have national hydrogen strategies, as do Australia, Norway and the Netherlands.

 

Good Morning All.

 In other words PYR has the disruptive tech that may upset the apple carts of a few corp/govts.

 All good for PYR Longs,

 Sincerely,

Topseeker