Plug Power

I'll give you a great example.

There is a company called Plug Power.

Plug Power was a company that deals with hydrogen fuel.

I remember a guy coming into my office, had been purchasing Plug Power since the time it was a penny stock.

And he had probably 250, 300,000 shares, somewhere around there, many, many, many shares.

And You know, this was right at the beginning, middle of COVID.

Let me know how that conversation goes.

So have you seen people lose or heard stories about people have lost that much? Oh my gosh.

The plant will make dry pumps used in the semiconductor manufacturing process, and it's expected to create about 600 jobs.

Plug Power started building a hydrogen power facility at Stamp, but scrapped the project earlier this year.

Another proposal for a hyperscale data center has been put on hold due to Governor Kathy Hochul's moratorium on such projects.

Well, speaking of state news, the state is wiping out lots of old regulations, taking them off the books.

So I would say manufacturing and scaling conversations come into play more for what is that optimal size.

So companies like Plug Power have a one megawatt PEM stack.

Nell has, I believe, a 1.25 megawatt PEM stack.

Whereas some of the alkaline companies go like John Cockrell would go more towards five megawatts or 10 megawatts for their alkaline technology that doesn't use a

So let's take PEM Electrolysis, for instance.

The leaders in PEM Electrolysis are like ITM Power to the UK.

There's Nell out of Norway, and then there's like Plug Power out of the US.

Let's just take those.

[laughs] And like, there, it, it's not big enough to be like a meme stock, but there is a cult following for QuantumScape that there's a few stocks that, like, you've done videos or we've done videos on over the years, um, that kinda fall into this category.

Anything like, uh, Plug Power is another one, Bloom Energy, like, they just get, like, these cult followings, and QuantumScape is one of them.

I mean, um, if, if the algorithm on YouTube finds out we talked about it in this episode, it'll do better, and that's not why we're talking about it.

But like, we get comments on YouTube.

Although I want to note that I think my washer uses a little more energy when it's walking across the floor when we overfill it, but that's neither here nor there.

Story four this week from Julia Amon at Bloomberg titled Plug Power Inks Electrolyzer Deal for Denmark Jet Fuel Project.

Tell me about it.

Yeah, Plug Power, they have been active for as long as I have been in this space.

A hat tip to these guys.

They've agreed to supply 280 megawatts of electrolyzers for Arcadia E-Fuels Project Endor.

I'm a betting reporter.

Can I bet on this? Wait, what is it? You