To deliver net zero and decarbonisation of our energy systems, using hydrogen in transport will be essential
The global need to transform our energy systems to address climate change requires a range of solutions particularly in the “hard to do” sectors, like heavy duty transport. Alongside this in the work to expand and rapidly scale up renewable generation, hydrogen in transport offers a route to improving the productivity of in these technologies. ULEMCo’s priority is to open markets for hydrogen into transport, now, which provides immediate base load demand for hydrogen fuel and the investment in infrastructure to supply it.
Making the Business Case for Hydrogen Transport Applications
The key to making a business case for hydrogen as far as fleet operators are concerned is to do it at scale, particularly when there are limited options for public refuelling. Scale (say 20-30 back to base trucks) enables you to spread the capital cost of the hydrogen refuelling infrastructure over a suitable volume of fuel to enable the costs to work out similar to diesel, at the same time as delivering a substantial carbon reduction.
We have significant experience of what is needed to make the most of this business opportunity through our contacts, relationships with customers and understanding of the technical requirements of making hydrogen for mobility and are happy to use this experience to help serious investors get on the profitable hydrogen journey!
Improving productivity for renewable energy investors
Hydrogen improves renewable energy investment by providing a high value market for renewable electricity generation than direct grid supply.
Hydrogen increases the demand for renewable generation and provides a store for electricity that would otherwise be curtailed, reducing the business risk for the investment
Benefits of Hydrogen for Transport at Scale
Substantial carbon emission reduction
Long term fuel price stability
Improved air-quality emissions
Future proofing your fleet renewal investment
Benefits of Hydrogen for Transport at Scale
Substantial carbon emission reduction
Long term fuel price stability
Improved air-quality emissions
Future proofing your fleet renewal investment