{"id":1460,"date":"2015-06-04T17:24:57","date_gmt":"2015-06-04T17:24:57","guid":{"rendered":"https:\/\/plugpower.local\/?p=1460"},"modified":"2015-06-04T17:24:57","modified_gmt":"2015-06-04T17:24:57","slug":"the-plug-powertrip-talks-policy-in-washington-dc","status":"publish","type":"post","link":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/","title":{"rendered":"The Plug POWERTrip Talks Policy in Washington, DC"},"content":{"rendered":"

June 4, 2015<\/p>\n

The Plug POWERTrip<\/em> \u2013 our six-city investor road show \u2013 spent the morning at the Willard InterContinental in Washington, DC. What better place to discuss policy and wrap up our tour than the nation\u2019s capital!<\/p>\n

We were joined by two special guests, both of whom have been strong supporters of the fuel cell industry and of Plug Power specifically: Congressman Chris Gibson, from New York\u2019s 19th<\/sup> Congressional District and Reuban Sarkar, Deputy Assistant Secretary for Transportation.<\/p>\n

CEO Andy Marsh introduced Congressman Gibson as a fervent supporter of fuel cells and a leader of the Industrial Fuel Cell Vehicles Act of 2013. Congressman Gibson represents many of Plug Power\u2019s New York employees and Andy was quick to point out the care Congressman Gibson shows for the people of his district and our country. Congressman Gibson described Plug Power as a \u201cscrappy\u201d company that never quits. He went on to discuss the value of renewable energy for the United States in terms of helping us become more circumspect in the decisions we make around foreign policy. He asserted that this is not a partisan issue, saying, \u201cQuite frankly, it\u2019s a human challenge\u201d and one we will be judged on by future generations. He noted that the investment tax credit is an important facilitator for industry growth and has his strong support.\"Gibson1\"<\/a><\/p>\n

Andy introduced Secretary Sarkar as a man who has a natural curiosity and has been involved in both industry and policy, noting that it is good to have someone with both strengths working to set policy in transportation.\u00a0\u00a0 Secretary Sarkar\u2019s remarks centered around the successes of the work done by the partnerships between government and the fuel cell industry, including cutting costs by 50% and doubling capacity since 2006 and catalytic funding for R&D and market demonstration programs. He specifically noted the joint program that led to the Plug Power program to demonstrate baggage handling equipment with FedEx.<\/p>\n

\"Sarkar\"<\/a><\/p>\n

Following our guest speakers, Andy recapped the new customers we have announced on the Plug POWERTrip.<\/p>\n

\"Wrap\"<\/a><\/p>\n

He further recapped the messages we have shared during the road show: Plug Power\u2019s goals and strategies for 2015; our successes with current customers and plans to grow the business to $500M in the next 3-5 years. He noted our achievements in hydrogen infrastructure and passion for continued development in this area in order to develop current markets more fully, like smaller material handling locations and stationary power markets and to enable expansion into new markets, including ground support equipment, range extenders and transport refrigeration units. He concluded with this, \u201cIn my mind, we\u2019re already working on 2016 and beyond.\u201d<\/p>\n

Gerry Conway, Plug Power\u2019s General Counsel, continued the earlier conversation about policy. He noted that an aspect of Plug Power that doesn\u2019t get noticed very often is the work we do with a diverse group of people in Washington, DC, saying that Plug Power is a poster child for how work with many different agencies and programs can help a company to be successful. He added that the financial support of Department of Energy programs came at a critical point in the company\u2019s history and enabled us to accelerate deployment of 300+ fuel cell units to multiple customers, including Sysco, FedEx and Coca Cola.<\/p>\n

\"Partners\"<\/a><\/p>\n

Gerry wrapped up with a discussion of the legislation Plug Power and others have worked on with members of Congress to put in to place, noting that we are continuing to work for sound productive policy that can continue to accelerate the fuel cell market today.<\/p>\n

\"ITC\"<\/a> \"Bills1\"<\/a><\/p>\n

\"Bills2\"<\/a><\/p>\n

Following management presentations, the floor was opened for a robust Q&A session and we were not disappointed by the intelligent questions and comments from our investors and guests. Questions included whether we see any intersection between Plug Power\u2019s experience in material handling and the automotive fuel cell industry (it\u2019s possible Plug Power could someday be a supplier of fueling stations and hydrogen infrastructure for the industrial gas companies); who the competition is for Plug Power (right now, there is only one fuel cell competitor, but we really compete against lead-acid batteries); and whether Plug Power will be providing more fuel cells for telecommunications (we do it today; we\u2019re deploying sites now).<\/p>\n

Other questions included how much the cost of hydrogen factors into the value proposition for customers; interest in how hydrogen infrastructure happens; and what can be done to build market confidence in Plug Power so that the stock price will improve. For detailed answers to all of these and more, you\u2019ll have to listen to the webcast replay.<\/p>\n

If you were not able to join us today, you can listen to the webcast replay here: http:\/\/www.plugpowertrip.com<\/a>. In fact, the replays for all six presentations are available here \u2013 close to nine hours of information about the company and our plans.<\/p>\n

It has been a whirlwind tour the last three weeks. We cannot express how much fun we\u2019ve had talking with you and hearing your thoughts about hydrogen and fuel cells, Plug Power and our collective vision for the future. Thank you for joining us on the Plug POWERTrip<\/em>! We look forward to more opportunities to interact with you in the future.<\/p>\n

POWERAhead<\/em>!<\/p>\n","protected":false},"excerpt":{"rendered":"

June 4, 2015 The Plug POWERTrip \u2013 our six-city investor road show \u2013 spent the morning at the Willard InterContinental in Washington, DC. What better place to discuss policy and wrap up our tour than the nation\u2019s capital! We were joined by two special guests, both of whom have been strong supporters of the fuel ...<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1460","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"aioseo_notices":[],"yoast_head":"\nThe Plug POWERTrip Talks Policy in Washington, DC - Plug Power<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Plug POWERTrip Talks Policy in Washington, DC - Plug Power\" \/>\n<meta property=\"og:description\" content=\"June 4, 2015 The Plug POWERTrip \u2013 our six-city investor road show \u2013 spent the morning at the Willard InterContinental in Washington, DC. What better place to discuss policy and wrap up our tour than the nation\u2019s capital! We were joined by two special guests, both of whom have been strong supporters of the fuel […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/\" \/>\n<meta property=\"og:site_name\" content=\"Plug Power\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PlugPowerInc\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-04T17:24:57+00:00\" \/>\n<meta name=\"author\" content=\"Sandra Saathoff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@plugpowerinc\" \/>\n<meta name=\"twitter:site\" content=\"@plugpowerinc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sandra Saathoff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/\"},\"author\":{\"name\":\"Sandra Saathoff\",\"@id\":\"https:\/\/www.plugpower.com\/#\/schema\/person\/0e7d15076cfe5602678fd8ebd20884f3\"},\"headline\":\"The Plug POWERTrip Talks Policy in Washington, DC\",\"datePublished\":\"2015-06-04T17:24:57+00:00\",\"dateModified\":\"2015-06-04T17:24:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/\"},\"wordCount\":878,\"publisher\":{\"@id\":\"https:\/\/www.plugpower.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.plugpower.com\/wp-content\/uploads\/2015\/06\/Gibson1-279x300.jpg\",\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/\",\"url\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/\",\"name\":\"The Plug POWERTrip Talks Policy in Washington, DC - Plug Power\",\"isPartOf\":{\"@id\":\"https:\/\/www.plugpower.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.plugpower.com\/wp-content\/uploads\/2015\/06\/Gibson1-279x300.jpg\",\"datePublished\":\"2015-06-04T17:24:57+00:00\",\"dateModified\":\"2015-06-04T17:24:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.plugpower.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Plug POWERTrip Talks Policy in Washington, DC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.plugpower.com\/#website\",\"url\":\"https:\/\/www.plugpower.com\/\",\"name\":\"Plug Power\",\"description\":\"Green Hydrogen at Work\",\"publisher\":{\"@id\":\"https:\/\/www.plugpower.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.plugpower.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.plugpower.com\/#organization\",\"name\":\"Plug Power\",\"url\":\"https:\/\/www.plugpower.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.plugpower.com\/#\/schema\/logo\/image\/\",\"url\":\"\",\"contentUrl\":\"\",\"caption\":\"Plug Power\"},\"image\":{\"@id\":\"https:\/\/www.plugpower.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/PlugPowerInc\",\"https:\/\/x.com\/plugpowerinc\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.plugpower.com\/#\/schema\/person\/0e7d15076cfe5602678fd8ebd20884f3\",\"name\":\"Sandra Saathoff\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.plugpower.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/582a3b2ab3ab81bed5469d715b165d09?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/582a3b2ab3ab81bed5469d715b165d09?s=96&d=mm&r=g\",\"caption\":\"Sandra Saathoff\"},\"url\":\"\"}]}<\/script>\n","yoast_head_json":{"title":"The Plug POWERTrip Talks Policy in Washington, DC - Plug Power","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/","og_locale":"en_US","og_type":"article","og_title":"The Plug POWERTrip Talks Policy in Washington, DC - Plug Power","og_description":"June 4, 2015 The Plug POWERTrip \u2013 our six-city investor road show \u2013 spent the morning at the Willard InterContinental in Washington, DC. What better place to discuss policy and wrap up our tour than the nation\u2019s capital! We were joined by two special guests, both of whom have been strong supporters of the fuel […]","og_url":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/","og_site_name":"Plug Power","article_publisher":"https:\/\/www.facebook.com\/PlugPowerInc","article_published_time":"2015-06-04T17:24:57+00:00","author":"Sandra Saathoff","twitter_card":"summary_large_image","twitter_creator":"@plugpowerinc","twitter_site":"@plugpowerinc","twitter_misc":{"Written by":"Sandra Saathoff","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#article","isPartOf":{"@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/"},"author":{"name":"Sandra Saathoff","@id":"https:\/\/www.plugpower.com\/#\/schema\/person\/0e7d15076cfe5602678fd8ebd20884f3"},"headline":"The Plug POWERTrip Talks Policy in Washington, DC","datePublished":"2015-06-04T17:24:57+00:00","dateModified":"2015-06-04T17:24:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/"},"wordCount":878,"publisher":{"@id":"https:\/\/www.plugpower.com\/#organization"},"image":{"@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.plugpower.com\/wp-content\/uploads\/2015\/06\/Gibson1-279x300.jpg","articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/","url":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/","name":"The Plug POWERTrip Talks Policy in Washington, DC - Plug Power","isPartOf":{"@id":"https:\/\/www.plugpower.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#primaryimage"},"image":{"@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.plugpower.com\/wp-content\/uploads\/2015\/06\/Gibson1-279x300.jpg","datePublished":"2015-06-04T17:24:57+00:00","dateModified":"2015-06-04T17:24:57+00:00","breadcrumb":{"@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/www.plugpower.com\/blog\/the-plug-powertrip-talks-policy-in-washington-dc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.plugpower.com\/"},{"@type":"ListItem","position":2,"name":"The Plug POWERTrip Talks Policy in Washington, DC"}]},{"@type":"WebSite","@id":"https:\/\/www.plugpower.com\/#website","url":"https:\/\/www.plugpower.com\/","name":"Plug Power","description":"Green Hydrogen at Work","publisher":{"@id":"https:\/\/www.plugpower.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.plugpower.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.plugpower.com\/#organization","name":"Plug Power","url":"https:\/\/www.plugpower.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.plugpower.com\/#\/schema\/logo\/image\/","url":"","contentUrl":"","caption":"Plug Power"},"image":{"@id":"https:\/\/www.plugpower.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/PlugPowerInc","https:\/\/x.com\/plugpowerinc"]},{"@type":"Person","@id":"https:\/\/www.plugpower.com\/#\/schema\/person\/0e7d15076cfe5602678fd8ebd20884f3","name":"Sandra Saathoff","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.plugpower.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/582a3b2ab3ab81bed5469d715b165d09?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/582a3b2ab3ab81bed5469d715b165d09?s=96&d=mm&r=g","caption":"Sandra Saathoff"},"url":""}]}},"_links":{"self":[{"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/posts\/1460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/comments?post=1460"}],"version-history":[{"count":0,"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/posts\/1460\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/media?parent=1460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/categories?post=1460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.plugpower.com\/wp-json\/wp\/v2\/tags?post=1460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}