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Economics of Hydrogen Fuel Cells
By Aaron_Schwartz

Hydrogen is the most perspective energy source to be used in future probably and thus economics of hydrogen fuel cells is quite an important issue today. This paper targets the above issue and considers the following aspects: opportunity cost factors, supply and demand, role of government and impact on USA taxes concerned with economics of hydrogen fuel cells.

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Hydrogen

Hydrogen fuel is used to power vehicles in much the same manner as tradition internal combustion engine powered cars. Additionally, hydrogen produces nearly three times the energy per pound; however, it has only about 1/10 the density in a liquid form. Therefore, a hydrogen fuel talk has to be much larger than a traditional gasoline tank.

In order to use hydrogen in a car, it has to be produced as it does not occur naturally in a quantity worth using. There are several methods for producing hydrogen including pulling the hydrogen out of water. The process to create hydrogen Unfortunately, this process required a good deal of energy. A recent study completed at MIT found that "Even with aggressive research, the hydrogen fuel-cell vehicle will not be better than the diesel hybrid ( a vehicle powered by a conventional engine supplemented by an electric motor) in terms of total energy use and greenhouse gas emissions by 2020."

 
(C) 2008 Renewable Energy Resources