Hydrogen technologies could deliver UK transport with ‘near-zero greenhouse gas emissions whilst reducing dependence on imported oil and curtailment of renewable generation’, according to new findings.
The Technology Innovation Needs Assessments (TINAs) is an analysis of key areas of innovation in low carbon technologies and is being led by the Carbon Trust.
It is thought that by 2050 up to half of UK light duty vehicles could be fuel cell electric vehicles (FCEVs) running on hydrogen.
The Carbon Trust’s January newsletter reported: “Innovation across the technology chain, from hydrogen production to fuel cell electric vehicles, could reduce the cost of delivering these benefits by up to £80bn from 2020 to 2050.
Investment could also create UK industries with the potential to contribute economic value of up to £26bn to 2050 via global sales of products and services, with a further economic benefit of up to £23bn to 2050 via producing transport fuel in the UK from UK primary energy sources.
“However, these technologies face some difficult challenges, in terms of cost, performance and policy.”