The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Market and business research firm, IDTechEx, predicts that while battery electric vehicles (BEV) are paving the way for decarbonizing road transport, the hydrogen fuel cell will claim a leading role, an estimated US$160 billion role. In the latest report by UK-based tech speculator, "Fuel Cell Electric Vehicles 2022-2042," IDTechEx forecasts the market value of on-road fuel cell vehicles will grow to US$160 billion in 2042 at a compound annual growth rate of 23.9% over the...
As the world aspires to move away from fossil fuels and minimize carbon emissions, researchers at the Massachusetts Institute of Technology have developed a new method to generate clean hydrogen fuel using scrap aluminum and water. Hydrogen fuel cells function by combining hydrogen and oxygen in an electrochemical process to produce electrical energy and water. While an incredible source of energy, with the only byproduct being water vapor, the extraction of hydrogen is not...
