Environment & Energy
Related: About this forum3 Current Developments That Could Make Hydrogen Big By The End Of 2017
Seeking Alpha by Ralf Anders 9/15/16
The "hydrogen economy" is a very controversial topic. Some say it will be the next big thing, others say it's just a pipe dream that will never materialize. I'm with the first group, and here is why.
Reason 1: The Japanese Push
Olympic Games in Asia have always been a vehicle to show the economic potential and technological prowess of the hosts. In 1964, Japan inaugurated its iconic high-speed trains and afterward developed into a leading industrial country. South Korea joined the club after Seoul 1988 and Beijing 2008 were spectacular demonstrations of China's might.
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Tokyo 2020 will again be more than just a great sports event. Japan has great plans to use the Games as some kind of "innovation exposition." Of course, there will be robots of different kinds. Equally important are the projects around hydrogen and fuel cells. "The upcoming Olympics will leave a hydrogen society as its legacy," declared Tokyo Governor Yoichi Masuzoe. They want to establish a dense network of hydrogen stations and put tens of thousands of fuel cell vehicles (FCEV) on the street...snip
Reason 2: The European Response
Seemingly, Japan has put itself at the forefront of the industry. But will Europe remain behind them? I don't think so, as there is too much at stake. Particularly in the Northern half of the continent, there is an extremely high density of powerful groups and high-tech companies that are organizing to develop the hydrogen economy.
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Gases giants like Linde (OTCPK:LNAGF) have developed advanced technologies for hydrogen production and handling. Integrated oil and gas companies like Total (NYSE:TOT) have made major strains into the market for many years, hoping to stay in business with hydrogen stations even if electric cars increasingly make traditional fuels obsolete...
Reason 3: The Chinese "Rush In"
China has taken the lead in wind power installations, photovoltaic module production and even super-computing. Today, it's impossible to ignore the China factor in any advanced industry. Of course, the "Energy Innovation Action Plan (2016-30)" also includes a chapter about hydrogen and fuel cell technologies. The item "Research on methods to achieve low-cost and large-scale integrated hydrogen production, storage, transport and utilization" particularly catches my eye. China's wind turbines could be operated a lot more economically, if there's an efficient way to store surplus energy. This is why power-to-gas is a big topic in China, too...snip
Read More: http://seekingalpha.com/article/4006404-3-current-developments-make-hydrogen-big-end-2017
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