Space Industry and Business News  
OIL AND GAS
Big oil, big auto tout hydrogen as next clean fuel choice
by Daniel J. Graeber
Washington DC (UPI) Jan 17, 2017


disclaimer: image is for illustration purposes only

Automakers joined forces with some of the biggest oil companies in the world from Davos to put hydrogen forward as the next clean energy option.

From the sidelines for the World Energy Forum in Davos, Switzerland, companies from Toyota to Royal Dutch Shell formed a hydrogen council meant to steer the broader industry and policymakers toward hydrogen as a clean energy or fuel choice.

"The Hydrogen Council brings together some of the world's leading industrial, automotive and energy companies with a clear ambition to explain why hydrogen emerges among the key solutions for the energy transition, in the mobility as well as in the power, industrial and residential sectors," Benoit Potier, the CEO of French industrial gas supplier Air Liquide, said in a statement.

Air Liquide joins automaker Toyota in chairing a council of 13 companies with Asian and European roots. No U.S. companies are represented in the council. Toyota's Mirai touts a fuel-equivalent economy of 312 miles per tank with zero emissions.

Fuel cell vehicles are limited in availability and depend in part on access to refueling stations for hydrogen.

"We need governments to back hydrogen with actions of their own – for example through large-scale infrastructure investment schemes," Potier said.

The council collectively aims to invest nearly $11 billion during the next five years in hydrogen-related energy products.

Outside of the 13-member group, the United States has committed at least $3 million to advance fuel-cell research with the aim of increasing market competition. Austria, meanwhile, already has infrastructure in place to support hydrogen-powered vehicles and energy company OMV said it's a partner in an initiative in Germany, which envisions 400 hydrogen filling stations by 2023.

The transportation sector accounts for the bulk of global greenhouse gas emissions annually.


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
OIL AND GAS
So-so future for British North Sea
London (UPI) Jan 17, 2017
Oil and natural gas activity off the British coast should wax and wane in the short-term after one of the industry's worst years, Wood Mackenzie finds. Lower crude oil prices and an uncertain economic future in the wake of last year's vote to leave the European Union put the British offshore oil and gas industry in "full survival mode," according to a report from Wood Mackenzie. ... read more


OIL AND GAS
2-D materials enhance a 3-D world

How to inflate a hardened concrete shell with a weight of 80 tons

Researchers reveal world's most precise metronome

Theory lends transparency to how glass breaks

OIL AND GAS
BAE Systems contracted for radio frequency countermeasure services

Harris secures $403 million tactical radio support contract

U.S. Navy selects Raytheon for tactical radio production

Underwater radio, anyone?

OIL AND GAS
Russia to face strong competition from China in space launch market

Vega And Gokturk-1A are present for next Arianespace lightweight mission

Antares Rides Again

Four Galileo satellites are "topped off" for Arianespace's milestone Ariane 5 launch from the Spaceport

OIL AND GAS
China to offer global satellite navigation service by 2020

Austrian cows swap bells from 'hell' for GPS

Russia, China Making Progress in Synchronization of GLONASS, BeiDou Systems

Alpha Defence Company To Make Navigation Satellites For ISRO

OIL AND GAS
Mystery remains as MH370 search called off

Birds circling trash threaten Beirut flights: minister

U.S. Marines move first F-35B squadron to Japan

Vanilla aircraft proves to be anything but plain

OIL AND GAS
Mobile chipmaker Qualcomm hit with US antitrust suit

Multiregional brain on a chip

Taiwan microchip giant to boost US jobs: company

Researchers create practical and versatile microscopic optomechanical device

OIL AND GAS
NASA Study Finds a Connection Between Wildfires and Drought

Astronomers consider how climate change mitigation may impact astronomy

First colour image for joint UK and Algerian CubeSat

Newly proposed reference datasets improve weather satellite data quality

OIL AND GAS
Study describes new method to remove nickel from contaminated seawater

Judge orders Beirut dump shut after birds threaten flights

E-waste rising dangerously in Asia: UN study

Father of Russian environmental movement dies









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.