CarbonFree report points to hydrogen impact
U.K. based analysts CarbonFree has published a report on the impact that hydrogen is already having on the automotive market. Considered to still be two decades away from commercial deployment, hydrogen as a fuel source (energy carrier) for passenger vehicles is already being experimented with by most of the automotive manufacturers in R&D, and often also as a public relations exercise. The report, entitled "Driving in Neutral", suggests that the real push to commercialise hydrogen powered vehicles will occur when conventional oil field production begins to fall and oil companies have to look to alternatives.
Analysis: Large-scale biofuel production will stave off petroleum shortfalls in the medium term, but hydrogen is still seen by many as the fuel of tomorrow. Interestingly, the report goes on to suggest that biofuel production could become a front for concerns about energy security in the future.
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