Publish Driving Forces Learn Fuel cells [New] Beijing will install more than 70 hydrogen fuel stations and increase the hydrogen fuel cell vehicles on its roads to 10,000 by 2025. [New] Beyond hydrogen fuel cell cars, Beijing's plan involves the addition of 4,400 trucks to transition from fossil fuels to H2 from 2021 through 2025. [New] Hydrogen production equipment has the potential to cover a market of approximately £4 billion annually by 2050 and stationary fuel cells used for vehicles could make up a traded market of £15 billion annually (Vivid Economics, Energy Innovations Needs Assessment: Hydrogen and fuel cells, 2019). [New] We expect the use of hydrogen in the transport sector to grow rapidly over the next ten years - albeit from a low base - eventually offering a market opportunity for machinery companies of some $45 billion to $50 billion annually by 2050. [New] In rail transport, fuel cells provide a green alternative in situations where an overhead catenary system providing electric power can not be used, and they will likely become competitive with diesel in the next ten years. In a three-year pilot demonstration, National Grid will assess the economics of Standard's 1 MW electrolytic hydrogen plant for three separate applications: generating electricity, mixing hydrogen with natural gas, and powering fuel-cell and battery electric vehicles. The number of NEVs - comprising purely electric cars, plug-in hybrids and fuel-cell vehicles - will jump sixfold to 6.6 million units by 2025 from the current population. Toyota Motor Corporation has developed a product that packages a fuel cell (FC) system into a compact module and plans to begin selling it in the spring of 2021 or later. Solid oxide fuel cell technology is the most optimal solution for reducing greenhouse gas emission using liquified natural gas, as it could reduce ships' carbon dioxide emissions by 34%. Forrest remains optimistic, pointing to China's ambition to have more than a million hydrogen fuel-cell vehicles on the road by 2030 along with plans in Japan and South Korea to increase their use. China aims to put as many as 1 million fuel cell vehicles on the road by 2035 in an aggressive campaign to promote clean vehicles. Some companies, including Tesla, focus on perfecting the already popular lithium-ion batteries; others take the risk to explore new battery tech such as hydrogen fuel cells and solid-state batteries. Toyota does not envisage a one size fits all scenario, but a future in which different electrified technologies, including hybrid electric, plug-in hybrid electric (PHEV), fuel cell electric (FCEV) and battery electric (BEV) vehicles all play a part. The LOCATE facility, which will be based at the Michelin Scotland Innovation Parc site in Dundee, will shortly receive £4 million to support heavy duty vehicle platform testing and innovation, particularly around hydrogen fuel cell and battery electric powertrains. Investments in hydrogen technologies could act to supplement renewable generation investments and perhaps support the development of a domestic industry for using South Africa's significant platinum reserves in hydrogen fuel cells for export. Toyota is selling the Mirai fuel cell vehicle running on hydrogen, and plans to boost tenfold the global sales of the Mirai with the second-generation Mirai. New Facility Expected to Substantially Reduce Costs for Fuel Cell Trucks Manufactured in the US, Eliminating a Key Bottleneck. Fuel cell technology could become viable in the future, at least according to Renault's head of alternative fuels. North America followed by Europe is expected to be potential markets for hydrogen fuel cells. A single NPM could produce enough hydrogen to power 38,000 fuel cell vehicles or 1,500 long-haul fuel cell trucks at average annual usage rates in the US. As with the Brooklyn-based firm Air Company, the Ionomr membranes could be used for electrolysis and applications such as hydrogen fuel cells. Ballard fuel cell modules will be deployed in CP's Hydrogen Locomotive Program. Last updated: 18 April 2021 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No