It's a Low Energy Nuclear Reactor. Exactly what is going on is not well understood (but that is not unusual in science -- sometimes a phenomenon is seen first, and the theory has to follow later). Basically, this is a small, safe, efficient, cheap power plant.
Fuel is hydrogen and nickel (both abundant) and the by-products are copper and energy.
Many are sceptical and simply don't believe it. Rossi has been promising a test in October and now that seems to be very close. If all the promise comes to fruition, this is about the biggest advance in energy since the discovery of petroleum.
Or it is a vast hoax. Folks on FreeRepublic are divided on this.
“Fuel is hydrogen and nickel (both abundant) and the by-products are copper and energy.”
Alchemy!!
“Many are sceptical and simply don’t believe it.”
I’m one of them. The world has seen too many false ‘miracle’ energy sources that ended up phony, that it would be foolhardy to NOT be skeptical.
But it would be cool if it were true.