Plug Power's GenFuel hydrogen dispensers designed to refuel zero-emission forklifts. To support efforts by individual companies the Biden Administration created the Hydrogen Shot program that includes $8 billion of federal research funds aimed at slashing the cost of making green hydrogen by 80% to just $1 per 1 kilogram by the end of the decade. It’s also begun delivering battery-powered Tre semis to customers. Nikola is currently testing prototype fuel cells trucks in California and will begin making commercial versions late next year. Nikola has said it expects to be able to make the fuel for as little as $2 a kilogram using water and surplus electricity purchased from Arizona’s main utility service and electrolyzers supplied by Norway’s Nel Hydrogen. Like Plug, companies including diesel engine giant Cummins and trucking upstart Nikola see an opportunity to grow by making green hydrogen. “I've been here the worst of times and the best of times. “This will involve a substantial reduction in fossil fuel use, widespread electrification, improved energy efficiency, and use of alternative fuels (such as hydrogen).” “Limiting global warming will require major transitions in the energy sector,” according to the April 4 report. This month the United Nations’ Intergovernmental Panel on Climate Change warned carbon emissions are rising to a dangerous level, yet held out hope that quicker adoption of clean power sources and new technology could halve the rate of increase by 2030. That’s because both the cost of renewable energy and electrolyzers, the devices used to make hydrogen, are falling, Marsh tells Forbes. (Unlike batteries, which store electricity, fuel cells make it on demand, emitting only water vapor as a byproduct.) Traditionally, hydrogen used for industrial applications such as oil refining and in the food and chemical industries is grey–made from natural gas, a process that creates carbon pollution.Ī big recent change is a growing expectation that green hydrogen, made from electrolysis of water and electricity derived from wind or solar power, will be a low-cost alternative to both petroleum-based fuels and batteries.
The new project with Plug is part of the retailer’s plan to have operations that emit zero harmful emissions by 2040, he said.įuel cell technology has been advancing for two decades, with developers improving the durability and efficiency of the electrochemical devices and cutting the cost to make them. “Hydrogen is critical to helping us power a more sustainable supply chain,” Jeff Smith, a Walmart senior director, said in a statement.
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