Hydrogen Economy Bright with More Tasks2020-05-25 [12:07]
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Hydrogen Economy Global Study by Bloomberg
In the case that clean Hydrogen Economy expands across the world, it is estimated that greenhouse gas emissions from various industries can be reduced by up to 34%, however, there should be an assumption that the government is willing to endorse and promote long-term policies to sustain Hydrogen Economy.
Hydrogen Replace Fossil Fuel in Many Applications
Most of the Hydrogen has been reformed from natural gas while the production process discharges greenhouse gas and the related industries question the environmental friendliness of the Hydrogen Economy. If we hope to realize the environmental friendly Hydrogen Economy, it is very important to produce Hydrogen clearly with the renewable energy resources, in that way, huge amount of greenhouse gas discharge can be decreased and can be a way of dealing with climate change in the long term.
Clean Hydrogen Potential to Become Next Energy Resource
Clean Hydrogen can be obtained by electrolyzing water from the wind and solar power generation, and electrolyzer production and renewable energy power generation costs tend to gradually keep lower and lower, thus Clean Hydrogen production cost will be reduced down to USD 0.8 to 1.6 per 1 kilogram by 2050.
It is the equivalent cost to USD 6 ~12/MMBtu of natural gas in the Brazillian, Chinese, Indian, Germany, and Scandinavian area, and it will be even more affordable than the method of Carbon Capture and Storage(CCS) which is the process of capturing carbon and storing hydrogen from natural gas and coal fuel. BNEF reports predict that CCS technologies will be applied better for the area of Chinese and Germany which is comparatively lack of places and lands for regenerative and renewable energy plant development, contrarily abundant of natural gas and coal fuel resources.
Image : Hydrogen Economy Expansion
Source : Quoted and Translated from H2News BNEF Hydrogen Economy Outlook
VINATech Co., Ltd has started hydrogen fuel cell components business from 2002, and VINATech manufactures the products with in-house developed catalyst support, catalyst and MEA for Hydrogen Fuel Cells such as PEM(Polymer Electrolyte Membrane) Fuel Cells and DM(Direct Methanol) Fuel Cells in VINATech's R&D Lab. VINATech's Hydrogen Fue Cell products ranges from Catalyst supports, Catalyst to Membrane Electrode Assembly(MEA) which can be used for stationary and transportation, such as automotive and various vehicles of fuel cells. Contact us FuelCell@vina.co.kr
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