$2 Billion Investment Needed for Hydrogen Infrastructure by 2012, Says ABI Research.OYSTER BAY, New York
Oyster Bay is the name of a hamlet and census-designated place on the North Shore of Long Island in Nassau County in the state of New -- The embryonic automotive fuel cell industry - whether or not aided by governments - must invest some US$2 billion in creating a hydrogen fueling station infrastructure by 2012 if market expectations are to be met. This conclusion is one of the key forecasts contained in ABI Abi (ā`bī) [short for Abijah], in the Bible, King Hezekiah's mother. (Application Binary Interface) A specification for a specific hardware platform combined with the operating system. Research's new study, "Hydrogen Infrastructure", which evaluates the production and distribution pathways that will be essential for any major fuel cell vehicle introduction, and reviews potential fuel sources for hydrogen generation. Natural gas, coal, ethanol and methanol, biomass gasification gas·i·fy tr. & intr.v. gas·i·fied, gas·i·fy·ing, gas·i·fies To convert into or become gas. gas , electrolysis electrolysis (ĭlĕktrŏl`əsĭs), passage of an electric current through a conducting solution or molten salt that is decomposed in the process. , solar and wind energy, even nuclear reactions are all potential sources for the hydrogen needed to run fuel cells, and the study analyzes each in detail, with particular emphasis on natural gas, the most likely candidate. "Once the hydrogen is produced, it must be distributed to a large number of fuelling stations," notes Atakan Ozbek, ABI Research's director of energy research. "That could be done via pipelines, or by trucks, or even by generating the hydrogen on-site. Then it must be stored, and a number of options are available." Will the hydrogen supply chain be up to the task? Yes, Ozbek believes, if sufficient R&D funding is directed to two critical areas: production technologies and storage methods. "Government spending Government spending or government expenditure consists of government purchases, which can be financed by seigniorage, taxes, or government borrowing. It is considered to be one of the major components of gross domestic product. in these areas - and in setting up more pilot projects - will be the catalyst enabling wider commercialization." The study forecasts the number of fuel cell-powered vehicles that will be produced in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , the EU and Japan along with other global regions, and the number of fuelling stations that will be required. It presents a detailed matrix of hydrogen infrastructure developments by production, by distribution and by storage pathway. This report forms part of a package of automotive fuel cell-related studies that also includes "Automotive Fuel Cell Vendors", "The Transportation Fuel Cell Supply Chain" and "Fuel Cells for Vehicles". Founded in 1990 and headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , ABI Research maintains global operations that support annual research programs, quarterly intelligence services and market reports in wireless, automotive, semiconductors, broadband, and energy. Their market research products can be found on the Web at www.abiresearch.com, or by calling 516.624.2500. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion