Hydrogen is set to revolutionise the global and industrial landscape. With its many applications, availability, and reputation as a clean alternative, hydrogen is destined to become the primary fuel source of the future.
Hydrogen fuel cell technology presents many opportunities for the future of the transport industry, with affordable, emission-free vehicles for both personal and commercial markets rolling out at an increasing rate.
Likewise, Kawasaki Heavy Industries – an enormous multinational responsible for vehicles ranging from motorcycles to cargo ships – have begun research and development into producing hydrogen fuel cell technology at an industrial scale. The company has already installed a hydrogen refueling station at Antwerp port.
Global governments and industries are moving towards hydrogen energy, with Australia pledging over AU$500 million alone towards the transition to hydrogen energy. The United States already uses hydrogen fuel-cell technology in over 30,000 forklifts, which is expected to grow to over 100,000 by 2030.
There has been a commitment from many western governments worldwide to achieve net-zero emissions in the medium term. In support of this, hydrogen fuel is viewed as a strong energy source. Hydrogen generators are expected to drive Australia’s transition from high emissions electricity to clean, renewable forms in the coming years.
Hydrogen is expected to replace all diesel usage by 2050, with the Australian Commonwealth’s National Hydrogen Strategy prioritising the commercial viability of the gas.
The Paris Agreement began the transition of western governments and industries towards renewable energy, with a target of net zero emissions by 2050. As a renewable energy source capable of producing 100% clean power, hydrogen is capable of decarbonising the globe.
Through processes such as electrolysis, hydrogen energy production creates no carbon emissions, and will soon cost as little as AU$2 per kg. This makes hydrogen a ready replacement for all non-renewable fuel sources, while also presenting a significant cost-saving. Hydrogen is also a dependable backup source for other renewable technologies, such as solar and wind power.
