Published Date : Apr 26, 2016
Fossil fuels have governed the way humans have functioned for eons, very much dictating the pace of revolutions and realizations. Ever since the glorious industrial revolution made its mark in the 18th century, unprecedented quantities of fossil fuels have been used to generate power and fuel economies. From steam locomotives to the humungous petroleum industry, the consumption of fossil fuels has only seen an upward trend in the past century. However, the discussion is no longer about the growth of the energy market or the components in it. The global citizens are well aware of the depleting status of conventional sources of energy, the grim reality of emission of greenhouse gases due to their overuse, and possibly the irreparable damage of rising temperatures.
Need for Alternative Fuels
As the miasma of depleting of energy sources and their misuse threatens the planet, several automotive manufacturers and the manufacturing industry on the whole is looking out for possible alternatives. A recently adopted solution to this trouble is the implementation of hydrogen fuel technologies. Corporate giants such as Hyundai, Toyota, Walmart, FedEx, and Lowe’s are all trying to incorporate the usage of hydrogen fuel to reduce their carbon footprint and improve the energy efficiencies.
Concept of Hydrogen Fuel
Hydrogen fuel is an artificial fuel used for storing and transporting energy. Though it is not a completely renewable source of energy, the biggest benefit of producing this fuel lies in the fact that it can be separated from water with electrolysis, using solar power or any other type of renewable energy. This hydrogen gas in then combined with oxygen in a fuel cell for reversing the process of electrolysis to release chemical energy through an electrical charge. Currently various industries are eyeing hydrogen fuel as a promising source of electricity.
What Makes Hydrogen Fuel Green?
The reason why hydrogen fuel is called “green” is because it is made using renewable sources of energies such as solar, wind, and other technologies. Since most of these technologies utilize water and sunlight, processing hydrogen fuel is actually far more beneficial to the environment than using conventional sources of energy. Additionally, the water, which is the only byproduct of the process, can be treated and used for several applications across numerous industry verticals. Advocates of this technology believe that a cost-effective solution would be to produce hydrogen fuel close to the distribution point as it would eliminate the need for an additional infrastructure.
Investments to Define Hydrogen Fuel Production Capacities
In the coming years, hydrogen fuel is likely to be a key element shaping the global economy as it solely relies on wind and solar power instead of fossil fuels. As investments increase in the public and private hydrogen technology sectors, nations will be able to make large reductions in oil demand and greenhouse gas emissions. The energy mixes will also change, showing a bigger share of renewables as economies will depend on greener sources of energy. Renewable hydrogen possesses the vast potential to fill the widening gap of high demand for energy and plummeting fossil fuel reserves to overcome the environmental, social, and economic challenges of the modern world.