Fuel Cells 2000's Fuel Cell Technology Update - August 2004

"Jennifer Gangi" <[email protected]> Mon, 2 Aug 2004 11:09:22 -0400
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Fuel Cell Technology Update - August 2004

=20

For more information on the following stories, click on the provided
link, contact Jennifer Gangi at [email protected] or call (202)
785-4222, ext. 17.  To subscribe or unsubscribe to this listserve, see
the end of this message.

=20


TRANSPORTATION APPLICATIONS


=20

2005 Honda FCX Earns EPA and CARB Certification.

The 2005 Honda FCX, Honda's second-generation fuel cell vehicle and the
first to be powered by a Honda designed and manufactured fuel cell
stack, has been certified by both the United States Environmental
Protection Agency (EPA) and the California Air Resources Board (CARB)
for commercial use.  The 2005 model FCX achieves a nearly 20 percent
improvement in its EPA fuel economy rating and a 33 percent gain in peak
power (107 hp vs. 80 hp) compared to the 2004 FCX.=20=20

http://www.hondanews.com/CatID1000?mid=3D2004072847987&mime=3Dasc
<http://www.hondanews.com/CatID1000?mid=3D2004072847987&mime=3Dasc>=20

=20

Ballard, DaimlerChrysler to Provide Three Fuel Cell Buses to Beijing.

Ballard Power Systems will provide three heavy-duty fuel cell engines to
DaimlerChrysler for integration into Mercedes-Benz Citaro buses for a
project funded by China's Ministry of Science & Technology, the Global
Environment Facility and the United Nations Development Program.  The
three buses will operate in Beijing as part of a two-year demonstration
program, beginning in late 2005 and continuing through 2007.

http://www.ballard.com/pdfs/22%20China%20Bus.PDF

=20

DaimlerChrysler and Ford Acquire Fuel Cell Unit from Ballard.

DaimlerChrysler AG and Ford Motor Company will acquire Ballard Power
System's transportation fuel cell unit, Ballard AG (formerly XCELLSIS),
and will be jointly responsible for the research, development, and
manufacturing of the vehicular fuel cell systems, which include all the
components other than the fuel cell itself.  Ballard, meanwhile, will
work on developing the next-generation electric drive system and the
next two generations of fuel cells, for which it will receive up to $58
million in funding from DaimlerChrysler and Ford.=20=20=20

http://www.ballard.com/pdfs/19%20Alliance.PDF

=20

Hydrogenics and Deere Enter Five Year Agreement.

Hydrogenics Corporation has entered into a five-year agreement with
Deere & Company to continue research and development of hydrogen and
fuel cells in commercial vehicles. The five-year agreement builds on the
success of earlier joint projects involving the integration of
Hydrogenics' HyPM(tm) fuel cell power module technology into Deere
vehicles.=20

http://www.hydrogenics.com/ir_newsdetail.asp?RELEASEID=3D140475


=20


STATIONARY POWER


=20

New York Awards $15 Million for Clean Energy Projects.

Governor George E. Pataki announced the awarding of more than $15
million to support 52 distributed generation and combined heat and power
projects throughout New York.  One of the projects include the Grand
Central Terminal in mid-town Manhattan, which will install a pair of UTC
Fuel Cells' 200kW fuel cell systems to provide power for critical
security loads.  The New York State Energy Research and Development
Authority (NYSERDA) provided $311,362 towards the project cost of
$2,075,750.

http://www.state.ny.us/governor/press/year04/june24_4_04.htm

=20

Fuel Cell Provides Power to Democratic National Convention.

A FuelCell Energy 250-kW Direct FuelCell(r) power plant was installed at
the Democratic National Convention at the Fleet Center in Boston,
Massachusetts, to provide power at part of a temporary distributed
generation micro-grid power supply.=20

http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=3DFCEL&script=3D412&l
ayout=3D-6&item_id=3D595672
<http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=3DFCEL&script=3D412&
layout=3D-6&item_id=3D595672>=20

=20

Plug Power Wins DoD Award.

Plug Power Inc. has been awarded a US$1.8 million contract by the U.S.
Department of Defense for the Common Core Power Production Program.
Under this Program, a total of 15 GenCore(r) systems will be placed in
both fielded demonstration programs and laboratory test programs to
develop and validate application requirements for integration into
infrastructure support systems.=20=20

http://www.plugpower.com/news/press.cfm

=20

Buderus Joins RWE and IdaTech Program.

Buderus Heiztechnik GmbH has joined RWE Fuel Cells in its program with
IdaTech for the development of a commercial 5-kW combined heat and power
(CHP) fuel cell system.  Earlier this year, IdaTech announced a joint
program with RWE Fuel Cells in the development and commercialization of
CHP fuel cell systems for multi-unit housing and light commercial
applications up to 50 kW.

http://www.idatech.com/media/news.html?article=3D62

=20

Nuvera and Takagi to Develop Fuel Cell Systems for Japanese Market.

Nuvera Fuel Cells, Inc., and Takagi Industrial Co., Ltd., announced an
agreement to develop commercial fuel cell-based cogeneration systems for
the Japanese market.  Takagi will integrate its heat management system
with Nuvera's 5kW Avanti(tm) fuel cell power system. Takagi will also
manufacture certain components for Nuvera.=20

http://www.nuvera.com <http://www.nuvera.com/>=20

=20

MHI to Offer SOFCs for Commercial Buildings in 2005.

Mitsubishi Heavy Industries, Ltd. (MHI) has announced plans to begin
offering a commercial building cogeneration system comprising a
50-kilowatt solid oxide fuel cell (SOFC) and a gas turbine by next year.
The cogeneration system, which is expected to be priced at about several
hundred million yen, is designed for use in such large commercial
buildings as offices, hospitals and hotels.

http://www.mhi.co.jp/power/e_power/techno/sofc/index.html

=20


PORTABLE/BACKUP POWER


=20

Protonex Wins Army Contract.

Protonex Technology Corporation was recently awarded approximately $1
million by the Army Research Office. The program's goal is to accelerate
the development of Protonex's NGen(tm) hydrogen-air and direct methanol
fuel cell stacks for man portable military applications.

http://www.emediawire.com/releases/2004/7/emw142825.php

=20

Hydrogenics to Supply Power System to Ratheon.

Hydrogenics Corporation has won a contract to supply an auxiliary power
system to Raytheon Integrated Defense Systems, a unit of Raytheon
Company.   The systems will be tested as a replacement for batteries and
diesel generators in military operations.

http://www.hydrogenics.com/ir_newsdetail.asp?RELEASEID=3D140603

=20

Toshiba Unveils New DMFC.

Toshiba Corporation has unveiled a prototype of a direct methanol fuel
cell to power digital audio players and wireless headsets for mobile
phones.  The new fuel cell outputs 100 milliwatts of power, weighs 8.5
grams, and can power an MP3 music player for as long as 20 hours on a
single 2cc charge of highly concentrated methanol.=20=20

http://www.toshiba.co.jp/about/press/2004_06/pr2401.htm
<http://www.toshiba.co.jp/about/press/2004_06/pr2401.htm>=20

=20

KDDI to Develop Miniature Fuel Cells.

KDDI Corp, Japan's second biggest mobile operator, is planning to
develop miniature fuel cells for mobile phones.  KDDI hopes to have the
cells, which will run on methanol, available for use in 2007 and also
plans to campaign for a change in airline regulations, which currently
prohibit passengers from bringing small methanol fuel cells on board
aircraft.

http://www.reuters.com/locales/c_newsArticle.jsp?type=3DtechnologyNews&loc
aleKey=3Den_IN&storyID=3D5636317

=20

FUELS/REFORMERS/STORAGE

=20

QuestAir to Provide Hydrogen Purification System to Hydrogen
Highway(tm).

QuestAir Technologies Inc. will participate in the BC Hydrogen
Highway(tm) by supplying hydrogen purification technology to a vehicle
fueling and power generation project in North Vancouver, Canada.  The
company will provide a QuestAir H-3200 hydrogen purification system to
convert raw hydrogen from a North Vancouver sodium chlorate plant into
high-purity hydrogen fuel suitable for use in fuel cell vehicles.

http://www.newswire.ca/en/releases/archive/July2004/13/c2345.html

=20

Mitsubishi Establishes Hydrogen Production Venture.

Mitsubishi Corporation has incorporated a new venture company, H3
Energy, Ltd., in Vancouver, British Columbia, that will develop,
manufacture and market electrolyzer high-pressure hydrogen energy
generators.  H3 Energy is expected to introduce commercial generators,
designed for small-scale industrial applications and hydrogen refueling
stations for fuel cell vehicles, into the market by the end of 2005.

=20

Dynetek to Deliver Storage Systems for Fuel Cell Buses.

Dynetek Industries Ltd. will deliver three on-board hydrogen fuel
storage systems for fuel cell buses bound for Beijing, China.  Dynetek
is providing the fuel storage solution using its certified 350bar
(5000psi) hydrogen fuel storage system.=20

http://www.dynetek.com <http://www.dynetek.com/>=20

=20

FUEL CELL COMPONENTS

=20

SatCon Receives Purchase Orders for PCUs.

SatCon Technology Corporation's Power Systems division in Canada
received new purchase orders this month totaling in excess of $1.0
million for its fuel cell Power Conditioning Units (PCUs).  Delivery of
the units is scheduled during this calendar year.=20

http://www.satcon.com/news/071404.html
<http://www.satcon.com/news/071404.html>=20

=20


REPORTS/MARKET STUDIES


=20

Fuel Cell and Hydrogen Permitting Guide.

A new guide was developed through a collaborative effort involving the
National Fire Protection Association (NFPA), the International Code
Council (ICC), Pacific Northwest National Laboratory (PNNL), and the
National Renewable Energy Laboratory (NREL) for use by code officials
and building owners interested in regulations pertaining to fuel cells
and hydrogen.  The guide includes an overview and two modules - one on
stationary fuel cell installations and the other on hydrogen motor fuel
dispensing facilities.=20

http://www.pnl.gov/fuelcells/permit_guide.stm
<http://www.pnl.gov/fuelcells/permit_guide.stm>=20

=20

Energy Info Source Report.

Energy Info Source has released "Towards A Hydrogen Economy" report, an
110-page study of the movement towards using hydrogen=20

as a key energy carrier.

http://www.energyinfosource.com/products/product.cfm?report_ID=3D41

=20

New Jersey: Opportunities and Options in the Hydrogen Economy.

The Center for Energy, Economic and Environmental Policy (CEEEP) at
Rutgers University has released a report titled "New Jersey:
Opportunities and Options in the Hydrogen Economy" that recommends
policymakers undertake five steps to help determine whether or not it is
in the state's interest to promote hydrogen as part of its energy and
economic development policies.  The report can be found online at
http://policy.rutgers.idu/ceeep/images/ceeep_report7_04.pdf.

=20

Universities Develop California Hydrogen Policy White Paper.

Academic researchers at University of California-Berkeley, University of
California-Davis, Humboldt State University and California Environmental
Associates collaborated to develop a California hydrogen policy white
paper titled "An Integrated Hydrogen Vision for California."=20

http://socrates.berkeley.edu/~rael/Kirsch_H2_Final.pdf
<http://socrates.berkeley.edu/~rael/Kirsch_H2_Final.pdf>=20

=20

REQUESTS FOR PROPOSALS

=20

European Commission Issues Fuel Cell Development RFP.

The European Commission has issued a request for proposals (RFP)
regarding fuel cell and hybrid electric vehicle development.  The RFP
also covers the integration of fuel cell systems and fuel processors for
transportation applications.  The deadline to respond to the $42.5
million RFP is December 8, 2004.

http://fp6.cordis.lu/fp6/call_details.cfm?CALL_ID=3D143.

=20

Kettering University Issues RFP for Fuel Cell Related Equipment.

Kettering University's Department of Mechanical Engineering is
requesting bids for the procurement of equipment for its Center for Fuel
Cell Systems and Powertrain Integration.  An electrolyzer-based hydrogen
generator, a PEM single stack fuel cell test stand, a PEM multi-stack
fuel cell test stand, and a solid oxide single stack fuel cell test
stand are among the equipment listed in RFP.  Bids will be received
until August 6, 2004.

http://www.kettering.edu/mech_eng/mech_eng/EDA_EQUIPMENT_BID_DOCUMENTS.p
df
<http://www.kettering.edu/mech_eng/mech_eng/EDA_EQUIPMENT_BID_DOCUMENTS.
pdf>=20

=20


MISCELLANEOUS


=20

USFCC/BTI Executive Director Bob Rose to Receive 2004 Fuel Cell Seminar
Award.

Robert Rose, executive director of both the U.S. Fuel Cell Council and
Breakthrough Technologies Institute (parent organization of Fuel Cells
2000) has been chosen to receive the prestigious Fuel Cell Seminar Award
for 2004.  The award is presented annually to an individual who has been
an avid supporter of research, development and demonstration of fuel
cell technology. The Award will be presented to Bob during the Plenary
Session of the 2004 Fuel Cell Seminar. http://www.fuelcellseminar.com
<http://www.fuelcellseminar.com/>=20

=20


CONFERENCES


=20

For a complete list of conferences, please go to
http://www.fuelcells.org/news/conf.html.

=20

Methanol Forum.

The 2004 Methanol Forum: Managing Global Transition: Mega Plants,
Markets and Movement, will be held on October 13-14, 2004, at the St.
Regis Hotel in Houston, Texas.  For more information, please go to
http://www.jordan-associates.com/Conferencenews.htm.=20=20

=20

Hydrogen Day at Penn State.=20=20

The second "Hydrogen Day at Penn State" will be held on October 25,
2004, at the Nittany Lion Inn in University Park, Pennsylvania.  For
more details, please visit
http://www.engr.psu.edu/h2e/HydrogenEnergyDay.htm
<http://www.engr.psu.edu/h2e/HydrogenEnergyDay.htm> .

=20

Shanghai International Industry Fair,=20

Group Exhibit on Hydrogen + Fuel Cells will take place during the
Shanghai International Industry Fair, November 4-9, 2004, at the
Shanghai New International Expo Center.  For more information, go to

http://www.fair-pr.com/china2004/index.php.

=20

####

=20

Want more fuel cell news? Want to support Fuel Cells 2000? Subscribe to
the Fuel Cell Quarterly - just US$25.00 (a bargain compared to other
fuel cell newsletters and publications). Or you can make a
tax-deductible contribution of US$25.00 or more to Breakthrough
Technologies Institute and receive a year's subscription to the
Quarterly as our way of saying thanks.
http://www.fuelcells.org/info/pubs.html

=20

Fuel Cells 2000 (www.fuelcells.org) is a non-profit, educational
activity that seeks to promote the development, demonstration and
commercialization of fuel cell technology.=20

=20

=20

=20

=20

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<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Fuel Cell Technology Update &#8211; August 2004</span></=
font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>For more information on the following stories, click on =
the
provided link, contact </span></font><font size=3D2 face=3DArial><span
 style=3D'font-size:10.0pt;font-family:Arial'>Jennifer Gangi</span></font><=
font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> a=
t [email protected]
or call (202) 785-4222, ext. 17.&nbsp; To subscribe or unsubscribe to this
listserve, see the end of this message.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>TRAN=
SPORTATION
APPLICATIONS</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D3 face=3D"Times New Roman"><span style=3D=
'font-size:
12.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>2005 Honda FCX Earns EPA and CARB
Certification.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>The 2005 Honda FCX, Honda&#8217;s second-generation fuel
cell vehicle and the first to be powered by a Honda designed and manufactur=
ed
fuel cell stack, has been certified by both the United States Environmental
Protection Agency (EPA) and the California Air Resources Board (CARB) for
commercial use. &nbsp;The 2005 model FCX achieves a nearly 20 percent
improvement in its EPA fuel economy rating and a 33 percent gain in peak po=
wer
(107 hp vs. 80 hp) compared to the 2004 FCX.&nbsp; </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'><a href=3D"http://www.hondanews.com/CatID1000?mid=3D2004072847987&a=
mp;mime=3Dasc"><font
face=3DArial><span style=3D'font-family:Arial'>http://www.hondanews.com/Cat=
ID1000?mid=3D2004072847987&amp;mime=3Dasc</span></font></a></span></font></=
p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Ballard,
DaimlerChrysler to Provide Three Fuel Cell Buses to </span></font></b><b><f=
ont
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  bold'>Beijing</span></font></b><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>.</span></fon=
t></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>Ballard Power Systems will pro=
vide
three heavy-duty fuel cell engines to DaimlerChrysler for integration into
Mercedes-Benz Citaro buses for a project funded by </span></font><font size=
=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>China</sp=
an></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>&#=
8217;s
Ministry of Science &amp; Technology, the Global Environment Facility and t=
he
United Nations Development Program. &nbsp;The three buses will operate in <=
/span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Beijing</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> a=
s part of
a two-year demonstration program, beginning in late 2005 and continuing thr=
ough
2007.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.ballard.com/pdfs/22%20China%20Bus.=
PDF">http://www.ballard.com/pdfs/22%20China%20Bus.PDF</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><a name=3D7097><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>DaimlerChrysl=
er and
Ford Acquire Fuel Cell Unit from Ballard</span></font></b></a><b><font size=
=3D2
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;font-weight:=
bold'>.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>DaimlerChrysler AG and Ford Motor Company will acquire
Ballard Power System's transportation fuel cell unit, Ballard AG (formerly
XCELLSIS), and will be jointly responsible for the research, development, a=
nd
manufacturing of the vehicular fuel cell systems, which include all the
components other than the fuel cell itself. &nbsp;Ballard, meanwhile, will =
work
on developing the next-generation electric drive system and the next two
generations of fuel cells, for which it will receive up to $58 million in
funding from DaimlerChrysler and Ford. &nbsp;&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.ballard.com/pdfs/19%20Alliance.PDF=
">http://www.ballard.com/pdfs/19%20Alliance.PDF</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Hydrogenics and Deere Enter Five Year
Agreement.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Hydrogenics Corporation has entered into a five-year
agreement with Deere &amp; Company to continue research and development of
hydrogen and fuel cells in commercial vehicles. The five-year agreement bui=
lds
on the success of earlier joint projects involving the integration of
Hydrogenics' HyPM<sup>&#8482;</sup> fuel cell power module technology into
Deere vehicles. </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.hydrogenics.com/ir_newsdetail.asp?RELEASEID=3D140475">ht=
tp://www.hydrogenics.com/ir_newsdetail.asp?RELEASEID=3D140475</a></span></f=
ont></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'><span
 style=3D'text-decoration:none'>&nbsp;</span></span></font></u></b></h1>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>STAT=
IONARY
POWER</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D3 face=3D"Times New Roman"><span style=3D=
'font-size:
12.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
  font-family:Arial;font-weight:bold'>New York</span></font></b><b><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;fon=
t-weight:
bold'> Awards $15 Million for Clean Energy Projects.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Governor George E. Pataki announced the awarding of more
than $15 million to support 52 distributed generation and combined heat and
power projects throughout </span></font><font size=3D2 face=3DArial><span
  style=3D'font-size:10.0pt;font-family:Arial'>New York</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>. =
&nbsp;One
of the projects include the Grand Central Terminal in mid-town Manhattan, w=
hich
will install a pair of UTC Fuel Cells&#8217; 200kW fuel cell systems to pro=
vide
power for critical security loads. &nbsp;The New York State Energy Research=
 and
Development Authority (NYSERDA) provided $311,362 towards the project cost =
of
$2,075,750.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.state.ny.us/governor/press/year04/june24_4_04.htm">http:=
//www.state.ny.us/governor/press/year04/june24_4_04.htm</a></span></font></=
p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Fuel Cell Provides Power to Democratic
National Convention.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>A FuelCell Energy 250-kW Direct FuelCell&reg; power plant
was installed at the Democratic National Convention at the </span></font><f=
ont
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Fleet</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Center</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> i=
n </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Boston</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>,=
 </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Massachusetts</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>, =
to provide
power at part of a temporary distributed generation micro-grid power supply=
. </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'><a
href=3D"http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=3DFCEL&amp;s=
cript=3D412&amp;layout=3D-6&amp;item_id=3D595672"><font
face=3DArial><span style=3D'font-family:Arial'>http://www.corporate-ir.net/=
ireye/ir_site.zhtml?ticker=3DFCEL&amp;script=3D412&amp;layout=3D-6&amp;item=
_id=3D595672</span></font></a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Plug Power Wi=
ns DoD
Award.</span></font></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>Plug Power Inc. has been award=
ed a
US$1.8 million contract by the U.S. Department of Defense for the Common Co=
re
Power Production Program.&nbsp; Under this Program, a total of 15 GenCore&r=
eg;
systems will be placed in both fielded demonstration programs and laboratory
test programs to develop and validate application requirements for integrat=
ion
into infrastructure support systems.&nbsp; </span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'><a
href=3D"http://www.plugpower.com/news/press.cfm">http://www.plugpower.com/n=
ews/press.cfm</a></span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Buderus Joins RWE and IdaTech Program.<=
/span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Buderus Heiztechnik GmbH has joined RWE Fuel Cells in its
program with IdaTech for the development of a commercial 5-kW combined heat=
 and
power (CHP) fuel cell system.&nbsp; Earlier this year, IdaTech announced a
joint program with RWE Fuel Cells in the development and commercialization =
of
CHP fuel cell systems for multi-unit housing and light commercial applicati=
ons
up to 50 kW.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.idatech.com/media/news.html?articl=
e=3D62">http://www.idatech.com/media/news.html?article=3D62</a></span></fon=
t></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Nuvera and Takagi to Develop Fuel Cell
Systems for Japanese Market.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Nuvera Fuel Cells, Inc., and Takagi Industrial Co., Ltd.,
announced an agreement to develop commercial fuel cell-based cogeneration
systems for the Japanese market.&nbsp; Takagi will integrate its heat
management system with Nuvera's 5kW Avanti&#8482; fuel cell power system.
Takagi will also manufacture certain components for Nuvera. </span></font><=
/p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a href=3D"http://www.nuvera.com/">http://www.nuvera.com=
</a></span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>MHI to Offer =
SOFCs
for Commercial Buildings in 2005.</span></font></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>Mitsubishi Heavy Industries, L=
td.
(MHI) has announced plans to begin offering a commercial building cogenerat=
ion
system comprising a 50-kilowatt solid oxide fuel cell (SOFC) and a gas turb=
ine
by next year.&nbsp; The cogeneration system, which is expected to be priced=
 at
about several hundred million yen, is designed for use in such large commer=
cial
buildings as offices, hospitals and hotels.</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'><a
href=3D"http://www.mhi.co.jp/power/e_power/techno/sofc/index.html">http://w=
ww.mhi.co.jp/power/e_power/techno/sofc/index.html</a></span></font></p>

<p class=3DMsoNormal><font size=3D3 face=3DArial><span style=3D'font-size:1=
2.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>PORT=
ABLE/BACKUP
POWER</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D3 face=3DArial><span style=3D'font-size:1=
2.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 color=3Dblack face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black;font-weight:bold'>P=
rotonex
Wins Army Contract.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 color=3Dblack face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:black'>Protonex Technology Corporation was
recently awarded approximately $1 million by the Army Research Office. The
program's goal is to accelerate the development of Protonex's NGen&#8482;
hydrogen-air and direct methanol fuel cell stacks for man portable military
applications.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.emediawire.com/releases/2004/7/emw142825.php">http://www=
.emediawire.com/releases/2004/7/emw142825.php</a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Hydrogenics to Supply Power System to
Ratheon.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Hydrogenics Corporation has won a contract to supply an =
auxiliary
power system to Raytheon Integrated Defense Systems, a unit of Raytheon
Company. &nbsp;&nbsp;The systems will be tested as a replacement for batter=
ies
and diesel generators in military operations.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.hydrogenics.com/ir_newsdetail.asp?RELEASEID=3D140603">ht=
tp://www.hydrogenics.com/ir_newsdetail.asp?RELEASEID=3D140603</a></span></f=
ont></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Toshiba Unveils New DMFC.</span></font>=
</b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Toshiba Corporation has unveiled a prototype of a direct
methanol fuel cell to power digital audio players and wireless headsets for
mobile phones. &nbsp;</span></font><font size=3D2><span style=3D'font-size:=
10.0pt'>T</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>he=
 new fuel
cell outputs 100 milliwatts of power, weighs 8.5 grams, and can power an MP3
music player for as long as 20 hours on a single 2cc charge of highly
concentrated methanol.&nbsp; </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'><a href=3D"http://www.toshiba.co.jp/about/press/2004_06/pr2401.htm"=
><font
face=3DArial><span style=3D'font-family:Arial'>http://www.toshiba.co.jp/abo=
ut/press/2004_06/pr2401.htm</span></font></a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>KDDI to Develop Miniature Fuel Cells.</=
span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>KDDI Corp, </span></font><font size=3D2 face=3DArial><sp=
an
  style=3D'font-size:10.0pt;font-family:Arial'>Japan</span></font><font siz=
e=3D2
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>'s second b=
iggest
mobile operator, is planning to develop miniature fuel cells for mobile
phones.&nbsp; KDDI hopes to have the cells, which will run on methanol,
available for use in 2007 and also plans to campaign for a change in airline
regulations, which currently prohibit passengers from bringing small methan=
ol fuel
cells on board aircraft.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.reuters.com/locales/c_newsArticle.jsp?type=3DtechnologyN=
ews&amp;localeKey=3Den_IN&amp;storyID=3D5636317">http://www.reuters.com/loc=
ales/c_newsArticle.jsp?type=3DtechnologyNews&amp;localeKey=3Den_IN&amp;stor=
yID=3D5636317</a></span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><u><font size=3D2 face=3DArial><span style=3D'font-=
size:10.0pt;
font-family:Arial;font-weight:bold'>FUELS/REFORMERS/STORAGE</span></font></=
u></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 color=3Dblack face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black;font-weight:bold'>Q=
uestAir
to Provide Hydrogen Purification System to Hydrogen Highway&#8482;.</span><=
/font></b></p>

<p class=3DMsoNormal><font size=3D2 color=3Dblack face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:black'>QuestAir Technologies Inc. will
participate in the BC Hydrogen Highway&#8482; by supplying hydrogen purific=
ation
technology to a vehicle fueling and power generation project in </span></fo=
nt><font
  size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-=
family:Arial;
  color:black'>North Vancouver</span></font><font size=3D2 color=3Dblack
 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black=
'>, </span></font><font
  size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-=
family:Arial;
  color:black'>Canada</span></font><font size=3D2 color=3Dblack face=3DAria=
l><span
style=3D'font-size:10.0pt;font-family:Arial;color:black'>.&nbsp; The compan=
y will
provide a QuestAir H-3200 hydrogen purification system to convert raw hydro=
gen from
a </span></font><font size=3D2 color=3Dblack face=3DArial><span style=3D'fo=
nt-size:
  10.0pt;font-family:Arial;color:black'>North Vancouver</span></font><font
size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-fa=
mily:Arial;
color:black'> sodium chlorate plant into high-purity hydrogen fuel suitable=
 for
use in fuel cell vehicles.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'><a
href=3D"http://www.newswire.ca/en/releases/archive/July2004/13/c2345.html">=
http://www.newswire.ca/en/releases/archive/July2004/13/c2345.html</a></span=
></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Mitsubishi
Establishes Hydrogen Production Venture.</span></font></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>Mitsubishi Corporation has
incorporated a new venture company, H3 Energy, Ltd., in </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Vancouver</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>,=
 </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
British
  Columbia</span></font><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial'>, that will develop, manufacture and market electrolyzer
high-pressure hydrogen energy generators.&nbsp; H3 Energy is expected to
introduce commercial generators, designed for small-scale industrial applic=
ations
and hydrogen refueling stations for fuel cell vehicles, into the market by =
the
end of 2005.</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 color=
=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 color=
=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>Dynetek to Deliver Storage Systems for Fuel Cell Buses.</=
span></font></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 color=3Db=
lack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
>Dynetek
Industries Ltd. will deliver three on-board hydrogen fuel storage systems f=
or
fuel cell buses bound for </span></font><font size=3D2 color=3Dblack face=
=3DArial><span
  style=3D'font-size:10.0pt;font-family:Arial;color:black'>Beijing</span></=
font><font
 size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-f=
amily:Arial;
 color:black'>, </span></font><font size=3D2 color=3Dblack face=3DArial><sp=
an
  style=3D'font-size:10.0pt;font-family:Arial;color:black'>China</span></fo=
nt><font
size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-fa=
mily:Arial;
color:black'>. &nbsp;Dynetek is providing the fuel storage solution using i=
ts
certified 350bar (5000psi) hydrogen fuel storage system. </span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 color=3Db=
lack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
><a
href=3D"http://www.dynetek.com/">http://www.dynetek.com</a></span></font></=
p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><u><font size=3D2 face=3DArial><span style=3D'font-=
size:10.0pt;
font-family:Arial;font-weight:bold'>FUEL CELL COMPONENTS</span></font></u><=
/b></p>

<p class=3DMsoNormal><b><u><font size=3D2 face=3DArial><span style=3D'font-=
size:10.0pt;
font-family:Arial;font-weight:bold'><span style=3D'text-decoration:none'>&n=
bsp;</span></span></font></u></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>SatCon Receives Purchase Orders for PCU=
s.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>SatCon Technology Corporation&#8217;s Power Systems divi=
sion
in </span></font><font size=3D2 face=3DArial><span style=3D'font-size:10.0p=
t;
  font-family:Arial'>Canada</span></font><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial'> received new purchase orders =
this
month totaling in excess of $1.0 million for its fuel cell Power Conditioni=
ng
Units (PCUs). &nbsp;Delivery of the units is scheduled during this calendar
year. </span></font></p>

<p class=3DMsoNormal><u><font size=3D2 face=3DArial><span lang=3DIT style=
=3D'font-size:
10.0pt;font-family:Arial'><a href=3D"http://www.satcon.com/news/071404.html=
"><span
lang=3DEN-US>http://www.satcon.com/news/071404.html</span></a></span></font=
></u></p>

<p class=3DMsoNormal><u><font size=3D3 face=3DArial><span style=3D'font-siz=
e:12.0pt;
font-family:Arial'><span style=3D'text-decoration:none'>&nbsp;</span></span=
></font></u></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>REPO=
RTS/MARKET
STUDIES</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D3 face=3D"Times New Roman"><span style=3D=
'font-size:
12.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><a name=3D"OLE_LINK1"></a><a name=3D"OLE_LINK2"><b><fo=
nt size=3D2
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;font-weight:=
bold'>Fuel
Cell and Hydrogen Permitting Guide.</span></font></b></a></p>

<p class=3DMsoBodyText><b><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt;
font-weight:normal'>A new </span></font></b><font size=3D2><span lang=3DEN
style=3D'font-size:10.0pt;font-weight:normal'>guide was developed through a
collaborative effort involving the National Fire Protection Association (NF=
PA),
the </span></font><font size=3D2><span lang=3DEN style=3D'font-size:10.0pt;
 font-weight:normal'>Intern</span></font><font size=3D2><span lang=3DEN
style=3D'font-size:10.0pt;font-weight:normal'>ational Code Council (ICC), P=
acific
Northwest National Laboratory (PNNL), and the National Renewable Energy
Laboratory (NREL) </span></font><font size=3D2><span style=3D'font-size:10.=
0pt;
font-weight:normal'>for use by code officials and building owners intereste=
d in
regulations pertaining to fuel cells and hydrogen. &nbsp;</span></font><font
size=3D2><span lang=3DEN style=3D'font-size:10.0pt;font-weight:normal'>T</s=
pan></font><font
size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>he guide inclu=
des an
overview and two modules &#8211; one on stationary fuel cell installations =
and
the other on hydrogen motor fuel dispensing facilities. </span></font></p>

<p class=3DMsoBodyText><a href=3D"http://www.pnl.gov/fuelcells/permit_guide=
.stm"><font
size=3D2><span style=3D'font-size:10.0pt;font-weight:normal'>http://www.pnl=
.gov/fuelcells/permit_guide.stm</span></font></a></p>

<p class=3DMsoBodyText><b><font size=3D2 face=3DArial><span style=3D'font-s=
ize:10.0pt;
font-weight:normal'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Energy </span=
></font></b><b><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;fo=
nt-weight:
 bold'>Info</span></font></b><b><font size=3D2 face=3DArial><span style=3D'=
font-size:
10.0pt;font-family:Arial;font-weight:bold'> Source Report.</span></font></b=
></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>Energy </span></font><font siz=
e=3D2
 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Info</span=
></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> S=
ource has
released &quot;Towards A Hydrogen Economy&quot; report, an 110-page study of
the movement towards using hydrogen </span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>as a key energy carrier.</span=
></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'><a
href=3D"http://www.energyinfosource.com/products/product.cfm?report_ID=3D41=
">http://www.energyinfosource.com/products/product.cfm?report_ID=3D41</a></=
span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 face=
=3DArial><span
  style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>New Jersey<=
/span></font></b><b><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;fon=
t-weight:
bold'>: Opportunities and Options in the Hydrogen Economy</span></font></b>=
<font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.<=
/span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>The Center for Energy, Economi=
c and
Environmental Policy (CEEEP) at Rutgers University has released a report ti=
tled
&quot;New Jersey: Opportunities and Options in the Hydrogen Economy&quot; t=
hat
recommends policymakers undertake five steps to help determine whether or n=
ot
it is in the state's interest to promote hydrogen as part of its energy and
economic development policies.&nbsp; The report can be found online at <a
href=3D"http://policy.rutgers.idu/ceeep/images/ceeep_report7_04.pdf">http:/=
/policy.rutgers.idu/ceeep/images/ceeep_report7_04.pdf</a>.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Universities Develop </span></font></b>=
<b><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  bold'>California</span></font></b><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'> Hydrogen Pol=
icy
White Paper.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Academic researchers at University of California-Berkele=
y,
University of California-Davis, </span></font><font size=3D2 face=3DArial><=
span
  style=3D'font-size:10.0pt;font-family:Arial'>Humboldt</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
State</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
University</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> a=
nd
California Environmental Associates collaborated to develop a </span></font=
><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
California</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> h=
ydrogen
policy white paper titled &#8220;An Integrated Hydrogen Vision for </span><=
/font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
California</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.&=
#8221; </span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'><a href=3D"http://socrates.berkeley.edu/~rael/Kirsch_H2_Final.pdf">=
<font
face=3DArial><span style=3D'font-family:Arial'>http://socrates.berkeley.edu=
/~rael/Kirsch_H2_Final.pdf</span></font></a></span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><u><font size=3D2 face=3DArial><span style=3D'font-=
size:10.0pt;
font-family:Arial;font-weight:bold'>REQUESTS FOR PROPOSALS</span></font></u=
></b></p>

<p class=3DMsoNormal><u><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial'><span style=3D'text-decoration:none'>&nbsp;</span></span=
></font></u></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>European Comm=
ission
Issues Fuel Cell Development RFP.</span></font></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'>The European Commission has is=
sued a
request for proposals (RFP) regarding fuel cell and hybrid electric vehicle
development. &nbsp;The RFP also covers the integration of fuel cell systems=
 and
fuel processors for transportation applications.&nbsp; The deadline to resp=
ond
to the $42.5 million RFP is </span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>D=
ecember 8,
 2004</span></font><font size=3D2 face=3DArial><span style=3D'font-size:10.=
0pt;
font-family:Arial'>.</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 face=3DAr=
ial><span
style=3D'font-size:10.0pt;font-family:Arial'><a
href=3D"http://fp6.cordis.lu/fp6/call_details.cfm?CALL_ID=3D143">http://fp6=
.cordis.lu/fp6/call_details.cfm?CALL_ID=3D143</a>.</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>&nbsp;</span></font></b></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
  font-family:Arial;font-weight:bold'>Kettering</span></font></b><b><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;fo=
nt-weight:
 bold'> </span></font></b><b><font size=3D2 face=3DArial><span style=3D'fon=
t-size:
  10.0pt;font-family:Arial;font-weight:bold'>University</span></font></b><b=
><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;fon=
t-weight:
bold'> Issues RFP for Fuel Cell Related Equipment.</span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
  font-family:Arial'>Kettering</span></font><font size=3D2 face=3DArial><sp=
an
 style=3D'font-size:10.0pt;font-family:Arial'> </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Universit=
y</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>&#=
8217;s
Department of Mechanical Engineering is requesting bids for the procurement=
 of
equipment for its Center for Fuel Cell Systems and Powertrain Integration. =
&nbsp;An
electrolyzer-based hydrogen generator, a PEM single stack fuel cell test st=
and,
a PEM multi-stack fuel cell test stand, and a solid oxide single stack fuel
cell test stand are among the equipment listed in RFP. &nbsp;Bids will be
received until </span></font><font size=3D2 face=3DArial><span style=3D'fon=
t-size:
 10.0pt;font-family:Arial'>August 6, 2004</span></font><font size=3D2 face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial'>.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'><a
href=3D"http://www.kettering.edu/mech_eng/mech_eng/EDA_EQUIPMENT_BID_DOCUME=
NTS.pdf"><font
face=3DArial><span style=3D'font-family:Arial'>http://www.kettering.edu/mec=
h_eng/mech_eng/EDA_EQUIPMENT_BID_DOCUMENTS.pdf</span></font></a></span></fo=
nt></p>

<p class=3DMsoNormal><font size=3D3 face=3D"Times New Roman"><span style=3D=
'font-size:
12.0pt'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>MISC=
ELLANEOUS</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D3 face=3D"Times New Roman"><span style=3D=
'font-size:
12.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><b><font size=3D2 color=
=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>USFCC/BTI Executive Director </span></font></b><b><font
 size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-f=
amily:Arial;
 color:black;font-weight:bold'>Bob Rose</span></font></b><b><font size=3D2
color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-family:Aria=
l;
color:black;font-weight:bold'> to Receive 2004 Fuel Cell Seminar Award.</sp=
an></font></b></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D2 color=3Db=
lack
 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black=
'>Robert
 Rose</span></font><font size=3D2 color=3Dblack face=3DArial><span style=3D=
'font-size:
10.0pt;font-family:Arial;color:black'>, executive director of both the U.S.
Fuel Cell Council and Breakthrough Technologies Institute (parent organizat=
ion
of Fuel Cells 2000) has been chosen to receive the prestigious Fuel Cell
Seminar Award for 2004. &nbsp;The award is presented annually to an individ=
ual
who has been an avid supporter of research, development and demonstration of
fuel cell technology. The Award will be presented to Bob during the Plenary
Session of the 2004 Fuel Cell Seminar. </span></font><font size=3D2
color=3D"#810081" face=3DArial><span style=3D'font-size:10.0pt;font-family:=
Arial;
color:#810081'><a href=3D"http://www.fuelcellseminar.com/">http://www.fuelc=
ellseminar.com</a></span></font></p>

<p class=3DMsoNormal style=3D'text-autospace:none'><font size=3D3 face=3DAr=
ial><span
style=3D'font-size:12.0pt;font-family:Arial'>&nbsp;</span></font></p>

<h1><b><u><font size=3D2 face=3DArial><span style=3D'font-size:10.0pt'>CONF=
ERENCES</span></font></u></b></h1>

<p class=3DMsoNormal><font size=3D2 face=3D"Times New Roman"><span style=3D=
'font-size:
10.0pt'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>For a complete list of conferences, please go to <a
href=3D"http://www.fuelcells.org/news/conf.html">http://www.fuelcells.org/n=
ews/conf.html</a>.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><strong><b><font size=3D2 face=3DArial><span style=3D'=
font-size:
10.0pt;font-family:Arial'>Methanol Forum.</span></font></b></strong></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>The <strong><b><font face=3DArial><span style=3D'font-fa=
mily:
Arial;font-weight:normal'>2004</span></font></b></strong><b><span
style=3D'font-weight:bold'> </span></b><strong><b><font face=3DArial><span
style=3D'font-family:Arial;font-weight:normal'>Methanol Forum: </span></fon=
t></b></strong><em><i><font
face=3DArial><span style=3D'font-family:Arial;font-style:normal'>Managing G=
lobal
Transition: Mega Plants, Markets and Movement, </span></font></i></em>will =
be
held on </span></font><font size=3D2 face=3DArial><span style=3D'font-size:=
10.0pt;
 font-family:Arial'>October 13-14, 2004</span></font><font size=3D2 face=3D=
Arial><span
style=3D'font-size:10.0pt;font-family:Arial'>, at the </span></font><font s=
ize=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>St.</span=
></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Regis</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Hotel</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> i=
n </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Houston</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>,=
 </span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
Texas</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.&=
nbsp; For
more information, please go to <a
href=3D"http://www.jordan-associates.com/Conferencenews.htm">http://www.jor=
dan-associates.com/Conferencenews.htm</a>.&nbsp;
</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D2 face=3DArial><span style=3D'font-siz=
e:10.0pt;
font-family:Arial;font-weight:bold'>Hydrogen Day at </span></font></b><b><f=
ont
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  bold'>Penn</span></font></b><b><font size=3D2 face=3DArial><span
 style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'> </span></fo=
nt></b><b><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  bold'>State</span></font></b><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>.&nbsp; </spa=
n></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>The second &#8220;<strong><b><font face=3DArial><span
style=3D'font-family:Arial;font-weight:normal'>Hydrogen Day at </span></fon=
t></b></strong></span></font><strong><b><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  normal'>Penn</span></font></b></strong><strong><b><font size=3D2 face=3DA=
rial><span
 style=3D'font-size:10.0pt;font-family:Arial;font-weight:normal'> </span></=
font></b></strong><strong><b><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;f=
ont-weight:
  normal'>State</span></font></b></strong><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial'>&#8221; will be held on </span=
></font><strong><b> <font size=3D2 face=3DArial><span style=3D'font-size:10=
.0pt;font-family:Arial;
 font-weight:normal'>October 25, 2004</span></font></b></strong><strong><b>=
<font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;fon=
t-weight:
normal'>,</span></font></b></strong><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial'> at the <strong><b><font face=
=3DArial><span
style=3D'font-family:Arial;font-weight:normal'>Nittany Lion Inn</span></fon=
t></b></strong>
in </span></font><font size=3D2 face=3DArial><span style=3D'font-size:10.0p=
t;
  font-family:Arial'>University Park</span></font><font size=3D2 face=3DAri=
al><span
 style=3D'font-size:10.0pt;font-family:Arial'>, </span></font><font size=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Pennsylva=
nia</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>.&=
nbsp; For
more details, please visit <a
href=3D"http://www.engr.psu.edu/h2e/HydrogenEnergyDay.htm"><font color=3Dbl=
ack><span
style=3D'color:windowtext'>http://www.engr.psu.edu/h2e/HydrogenEnergyDay.ht=
m</span></font></a>.</span></font></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>&nbsp;</span></font></p>

<p class=3DMsoNormal style=3D'text-align:justify'><b><font size=3D2 face=3D=
Arial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Shanghai </sp=
an></font></b><b><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;fo=
nt-weight:
 bold'>Intern</span></font></b><b><font size=3D2 face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>ational Indus=
try
Fair, </span></font></b></p>

<p class=3DMsoNormal><font size=3D2 face=3DArial><span style=3D'font-size:1=
0.0pt;
font-family:Arial'>Group Exhibit on Hydrogen + Fuel Cells</span></font><font
size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> w=
ill take
place during the Shanghai </span></font><font size=3D2 face=3DArial><span
 style=3D'font-size:10.0pt;font-family:Arial'>Intern</span></font><font siz=
e=3D2
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>ational Ind=
ustry
Fair, </span></font><font size=3D2 face=3DArial><span style=3D'font-size:10=
.0pt;
 font-family:Arial'>November 4-9, 2004</span></font><font size=3D2 face=3DA=
rial><span
style=3D'font-size:10.0pt;font-family:Arial'>, at the </span></font><font s=
ize=3D2
  face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>Shanghai<=
/span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
  size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'>=
New</span></font><font
 size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'> =
</span></font><font
   size=3D2 face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial'=
>Intern</span></font><font
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