Hydrogen stocks5/24/2023 ![]() And this is the part where fuel cells come into play.įuel cells are capable of generating electricity using clean fuels like hydrogen, just like diesel generators use diesel to generate electricity. It is one thing to have clean fuels like hydrogen and another to use them to generate energy that can power today and future machines. And if clean energy is to take over, they have to match combustion-based energy in capacity and price. The technology around fossil fuels is relatively cheap and has advanced immensely over centuries of use and therein lays its advantage over clean energy sources like hydrogen. Carbon emission is a big problem to the earth whereas water isn’t.Īlso Checkout: 7 Cheap Hydrogen Penny Stocks under $10 and $5 There you have it: where fossil fuels produce carbon, hydrogen fuel produces water. Hydrogen and fuel cells can play an important role in our national energy strategy, with the potential for use in a broad range of applications, across virtually all sectors – transportation, commercial, industrial, residential, and portable”. ![]() In essence, there’s a LOT of hydrogen on earth.Īccording to the United States Department of Energy, “Hydrogen is a clean fuel that, when consumed in a fuel cell, produces only water, electricity, and heat. We all know that about 71% of the earth’s surface is covered by water, and water consists of two moles of HYDROGEN and a mole of Oxygen among other impurities in its natural form. There are many sources of clean energy that have been identified to be available in commercial quantities and one of the most promising sources is HYDROGEN. It is no news that most governments are setting up policies to transition into clean energy, especially in western countries like the United States under President Biden. Smart growth investors will always bet on the future today, and when it comes to energy, a market worth trillions of dollars, clean energy is the future.
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