It’s no secret that the automotive world seems bent on using electricity as the fuel for the future. This was the scenario given by almost all automakers at the recently concluded 45th Tokyo Motor Show. But while the world bats for an electric tomorrow, groups like the Hydrogen Council think that hydrogen is what will power our future.
A recent study conducted by the Council entitled “Hydrogen Scaling Up” gives a comprehensive roadmap on the deployment and impact of hydrogen in the energy transition. It shows the scale of what this clean fuel will have on our lives in the years to come.
For instance, it is predicted that hydrogen will power about 10 to 15 million cars and 500,000 trucks as early as 2030. Apart from this, hydrogen could be used in sectors such as industrial processes, power generation, and the like. By 2050, on the other hand, the fuel could account for as much as 18 percent of energy usage.
While experts see population growing to as much as two billion people by 2050, the Hydrogen Council also sees a huge investment in hydrogen fuel generation and deployment. This could reach as much as $2.5 trillion, giving some 30 million people a host of employment opportunities.
Of course, these figures didn’t come from ragtag group that doesn’t know what it is talking about. The Hydrogen Council is a global CEO initiative whose memebers include some of the top names in the automotive industry. Brands, along with some leading players in the value chain. It’s goal is to foster the use of hydrogen as a viable fuel source, along with the means necessary to make it easily accessible to more folks around the world.
Sure, the number of electric cars may be growing. Yet aside from this, we have a clean alternative that could just be the way to go.