Economics

Hydrogen Economy

Hydrogen Economy

Hydrogen economy was proposed from the University of Michigan to solve many of the negative effects associated with using hydrocarbon fuels the spot that the carbon is released to the atmosphere. Proponents of the hydrogen economy advocate hydrogen like a potential fuel pertaining to motive power along with on-board auxiliary electric power, stationary power generation, and as an energy storage medium. Molecular hydrogen of the sort that can be used as a fuel doesn’t occur naturally within convenient reservoirs; nonetheless it may be generated by steam reformation of hydrocarbons, drinking water electrolysis or through other methods.