electric/hybrid

HyperSolar welcomes new report anticipating increased demand for hydrogen fuel

Renewable hydrogen producer HyperSolar commented on a recent report highlighting trends and projections for hydrogen fuel production.
HyperSolar welcomes new report anticipating increased demand for hydrogen fuel

The report ‘World Hydrogen Market Report’, produced by industry market research firm Freedonia, notes a forecast global increase in global consumption of merchant and captive hydrogen of 3.5 percent annually through 2018 to 290 billion cubic meters. It also cites the advancement of fuel cell vehicles as being a driving factor of hydrogen fuel development, as well as emissions regulations that are forcing automakers to pursue alternative methods of fuel other than traditional gasoline and diesel.

While citing the US as the leader in hydrogen fuel production, the report also indicates that China will undergo the greatest share of growth, due to enacting tighter restrictions to combat their well-chronicled air pollution issues. The forecast, coupled with announcements from major automobile manufacturers, has created a heightened level of excitement within the renewable energy industry.

The auto manufacturing industry has continued to advance hydrogen fuel cell vehicles at an impressive pace, as recent announcements have placed hydrogen fuel ahead of electric vehicles in terms of viability. According to Craig Scott, Toyota’s national manager of advanced technologies, the company favours fuel cells over other zero emissions vehicles. German manufacturer Volkswagen has also announced plans to unveil their hydrogen FCV at the Los Angeles Auto Show later this month. Hyundai meanwhile has recently rolled out its fleet of ‘ix35Hydrogen Fuel Cell’ vehicles to customers in the UK, following a funding announcement from the UK government providing £1 million of extra funding for hydrogen filling stations.

HyperSolar is the developer of a new technology to produce renewable hydrogen using sunlight and water, bypassing an expensive procedure and increasing efficiency for the process of separating hydrogen and oxygen. The company is confident that the increase in demand throughout international markets will continue. In addition to popular and well documented fuel cell vehicle development, there is increased attention from the industrial space, as major retailers including WalMart and Ace Hardware, and aircraft manufacturer Airbus, pursue hydrogen fuel technology as a viable replacement to diesel and gasoline fuels.

Currently, most hydrogen fuel is produced from natural gas through a steam-reforming process creating what is known as “brown hydrogen.” HyperSolar utilizes a completely renewable process involving a submersible photovoltaic application that mimics photosynthesis in its ability to use sunlight to split water molecules, effectively creating “green hydrogen.” Some states, such as California, mandate that a certain percentage of hydrogen-produced fuel be developed using renewable efforts, meaning that as the demand for hydrogen fuel grows, the demand for “green hydrogen” will grow as well.

“This documented increase in demand for hydrogen fuel production is only the beginning of what we believe to be one of the most impactful energy breakthroughs in recent history” said Tim Young, CEO of HyperSolar. “As the demand for hydrogen fuel continues to grow, we believe the market for “green hydrogen” produced via a completely renewable process, will increase considerably. HyperSolar is poised to meet that demand by further developing our technology to produce cost-effective renewable hydrogen at or near the point of distribution.”

HyperSolar’s technology is based on the concept of developing a low-cost, submersible hydrogen production particle that can split water molecules using sunlight without any other external systems or resources – acting as artificial photosynthesis. Any source of water can be used for the process, including seawater and wastewater. By optimizing the science of water electrolysis at the nano-level, the company’s low cost nanoparticles mimic photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen.

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