Hydrogen, which has been touted as the fuel of the future much of the past five decades, may finally be on the verge of converting its potential to reality.
According to RenewableEnergyWorld, Governments, automakers and even oil and gas giants are part of a growing coalition pushing a larger role for the fuel as the world seeks to reduce carbon emissions while still providing reliable electricity to a growing population and powering complex industrial processes, the International Energy Agency said in a report.
The IEA has suggested ways to push the market forward, including:
*Supporting research and development to bring down costs and creating financial vehicles to offset the risk of early investors.
*Focusing first on increasing use at industrial ports, where existing production is concentrated, and on transport fleets along popular routes.
*Launching international hydrogen trade routes.
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Date: Jun 24, 2019 @ 17:50
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