Better Buy: FuelCell Energy vs. Bloom Energy
There has been lots of hype surrounding fuel cell stocks lately. Undeniably, hydrogen fuel cell technology offers a great solution to two key issues -- the unreliability of renewable power and the emissions from fossil fuels. It has the potential to provide clean, reliable power for several uses.
A key limiting factor in the widespread adoption of hydrogen fuel cells in the past was cost, which has clearly come down significantly over the years. Let's analyze which of the two fuel cell companies -- FuelCell Energy (NASDAQ: FCEL) or Bloom Energy (NYSE: BE) -- looks better-placed to benefit from the industry tailwinds.
Bloom Energy offers fuel-flexible cells, which can take hydrogen, biogas, or natural gas as inputs to generate electricity. Instead of combustion, Bloom Energy's solid oxide fuel cells generate electricity through an electrochemical process, thereby reducing emissions. These emissions can be eliminated completely if hydrogen is used as an input fuel.
Source Fool.com
