VentureBeat: Sun Catalytix lands funds for “solar fuel”
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Jim Hrowtz · 7 months agoThis certainly has great potential as the current boom in solar thermal power production shows. And catalytic converters in cars now use 1% of the platinum they originally did, and researchers developing conventional PEM fuel cells are also lowering the platinum loading significantly as the products are commercialized. I do take exception to the term "competitor" when you're referring to a non-existant market. If the technology achieves viability, there will be plenty of demand to go around, and furthermore in such cases, it is rarely an advantage to be the 'first on the block' as the successors often learn from the early entrants mistakes. Also, multiple layers only serve to validate the technology and potential market.
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Jim Hrowtz · 7 months agoThis certainly has great potential as the current boom in solar thermal power production shows. And catalytic converters in cars now use 1% of the platinum they originally did, and researchers developing conventional PEM fuel cells are also lowering the platinum loading significantly as the products are commercialized. I do take exception to the term "competitor" when you're referring to a non-existant market. If the technology achieves viability, there will be plenty of demand to go around, and furthermore in such cases, it is rarely an advantage to be the 'first on the block' as the successors often learn from the early entrants mistakes. Also, multiple layers only serve to validate the technology and potential market.