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 Allied Business Intelligences (ABI) study, Global Stationary Fuel Cell Market - A Detailed Analysis of an Emerging Industry, states that there is a shift from research and development to the establishment of manufacturing plants. The heightened level of competition has been forcing companies in the field towards introducing meaningful early commercial products into niche markets, said Atakan Ozbek of ABI. Early adopter markets such as wastewater treatment plants, telecommunications backup centers, and data centers will be the first markets that will see stationary fuel cell products deployed. ABI can see deployment from 50 Watts to 30 megaWatts in the U.S. and worldwide. The U.S., followed by Japan and Germany, will be the key markets in early deployments. (www.alliedworld.com)

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Grand Valley State University (GVSU) in Michigan has created a formal working group that will examine plans for a research and development center focused on new technologies. The Energy Center of Excellence will include a researchinstitute dedicated to studying alternative energy sources, a business incubator supporting energy-related ventures and an education and training center. The center would be the first commercial project to integrate fuel cell technology, heat recovery systems, microturbines, photovoltaics and Nickel-metal hydride battery storage system research. (08-02BD77-9-10)

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Ballard Power reported a loss on the first quarter operating results for the quarter ending March 31, 2002. The quarters net loss was $50.7 million, or ($.048) per share, compared with a net loss of $1.4 million, or ($0.16) per share, during the same period in 2001. Banc of America Securities said the figures, lower than anticipated, were a negative surprise primarily caused by higher than expected depreciation and amortization expense, reflecting the impact of the recent acquisitions. Energy Technology: Power of Growth Weekly by Banc of America Securities, 05/06/02 (06-02BD75-7-8)

 The market for portable power supplies in the US is projected to increase 7.2 percent per year through 2005 to $10.7 billion. Among the major established products, secondary batteries hold the best prospects going forward, given their leadership position in growth markets such as high-end IT devices. Demand for primary batteries, exposed to more mature product markets and less potential for technological upgrade, will grow at a below-average pace. Portable and micro fuel cells are expected to be sold in commercially significant volumes by mid-decade. On the downside, portable power supply markets will be adversely impacted by slower economic growth than prevailed during the latter 1990s. (Data is from Portable Power Supplies by The Freedonia Group, Inc., Tel: 440-684-9600.) +

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