Hydrogen vehicles ‘need to be used’ for UK’s push for net zero as investment continues01/02/2022
Prince Charles drives futuristic hydrogen car in Wales
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Currently, only two hydrogen cars are commercially available in the UK – the Toyota Mirai and the Hyundai NEXO. As of December 2020, it was estimated that there are just over 31,000 passenger hydrogen vehicles on the world’s roads.
The Government released the UK Hydrogen Strategy report at the end of August which looked at how hydrogen could play a role in the UK’s decarbonisation effort.
It stated that there are over 300 hydrogen vehicles on UK roads, mostly passenger cars and buses.
The Government is supporting hydrogen use in transport with a £23million grant for the Hydrogen for Transport Programme.
The report also clarified that hydrogen could be used to “complement electrification across modes of transport” including buses, trains and heavy goods vehicles (HGVs).
Further investment is expected with a number of interested organisations looking into the viability of hydrogen-powered cars in the future.
One such company is Bosch who have announced their intention to invest a massive £800million into developing hydrogen fuel cells and lorries.
Bosch identified hydrogen as a megatrend with the world looking for alternative fuels after the COP26 climate conferences.
Its research suggests the market for green hydrogen in the European Union will be worth more than £34billion by 2030, with annual growth rates of 65 percent.
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Between 2021 and 2024, Bosch plans to invest €1billion (£844million) into fuel cell technology and estimates that the market for mobile fuel-cell components will be worth around €18billion (£15.2billion) by the end of the decade.
Bosch is looking to develop the next generation of powering vehicles, as many companies look to transition away from fossil fuels and look at alternative fuels.
The global investment into the sector will not be enough to make hydrogen a feasible vehicle option anytime soon, unlike electric vehicles.
Caterina Brandmayr, head of climate policy at Green Alliance, commented on the likelihood of widespread adoption of hydrogen vehicles.
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