Three Companies to Watch
Date: Friday, January 09, 2004 @ 22:05:25 GMT
I am sure many visitors to this site are distressed as I am over recent predictions regarding large-scale near-term species extinctions caused by global warming, presumably due to hydrocarbon emissions from world-wide petroleum-based power production. Although the eventual solution to this problem undoubtedly lies in solid-state methods for extracting electrical energy directly from the zero-point field, the near-term solution will almost certainly be based on hydrogen power.
In the face of these dire species die-off predictions, I find comfort in knowing that three companies are very close to introducing hardware for “distributed” (i.e., local) on-demand hydrogen (or oxy-hydrogen) production via low-energy water hydrolysis.
As readers of this site are aware, Xogen Power Inc. of Alberta, CN (http://www.xogen.ca) recently underwent restructuring. The revitalized website provides an excellent Windows Media video sequence showing the Xogen technology in action. Very encouraging results from recent certified lab tests are also posted at the Xogen website.
Another Canadian company, Alternate Energy Corporation (http://www.alternateenergycorp.com) of Ontario, CN, continues to post frequent encouraging technology and business-related updates on their website.
A third company, Genesis World Energy (http://www.genesisworldenergy.com) of Boise, Idaho, continues to provide encouraging signs of ramping-up toward large-scale production.
These three companies claim proprietary means for low-energy hydrogen production directly from water. Stated another way, these companies claims processes for generating hydrogen (or oxy-hydrogen) gas in such a manner that the available thermal energy from the produced hydrogen exceeds the electrical energy required to generate the gas in the first place. For those who dismiss all possibilities for such processes, a fourth company bears watching: Millenium Cell (http://www.milleniumcell.com).
I have been directly in touch with several of these companies. In particular, I have been in very frequent contact with one of these companies. As a result, I am very confident in the claims being made regarding the low-energy water electrolysis processes. This confidence is based on an advanced degree in physics, 30 years experience in aerospace engineering, and ongoing intense study of the alternative energy field.
The risk I see with these companies is not in their technology claims, but in their management skill. One question centers on efficient utilization of investor funds. Another question relates to whether any of these companies have the needed engineering wherewithal or experience to bring hardware to market.
There is, of course, additional questions regarding intellectual property rights. Several of the companies claim patent protection on their processes. One wonders how similar the processes might be, and how likely (or not) it will be that protection can be afforded by the courts, given the world-wide demand that will result for products based on these technologies. Obviously, these are questions that will find answers as time progresses. At this point, all we can do is wait and see who gets to market first. That may be more key to financial success for these companies than patent protection. Thankfully, indications are that we should not have to wait too long to see a first market introduction.