Research6 Feb 2020 09:18
Events
HOME
ABOUT
BUZZ
EXPERTS
STARTUPS
24|7
NEWSLETTER
SEARCH
CONTACT US
ACCESSIBILITY
This site uses cookies to ensure the best viewing experience for our readers.
Read more about it Got It
Opinion
Hydrogen Is the Fuel of the FutureOne of the upcoming decade's biggest challenges is energy: how to generate more of it while also protecting the environment
Shlomi Basson | 12:02 04.02.2020
CTECH In Stories:
News
Events
Startups
Appointments
Experts
Ctech
Cannabiz
Projects
24/7
TLV Insider
London19
Cannabist
At the dawn of a new decade, we see that extensive use of hydrogen as an alternative to fossil fuels is becoming the greatest promise of future transportation. The most emblematic signifier of this trend occurred in June, when the father of the electric car, Wan Gang, China's former minister of science and technology, said in an interview with Chinese media that China must prepare for the hydrogen revolution.
The country that is already leading the global hydrogen revolution is Japan, which has set the technology as a strategic goal several years ago. In the upcoming Olympic Games in Tokyo, Japan intends to showcase the result of its efforts: more than 40,000 hydrogen-fueled vehicles supported by 160 hydrogen fueling stations.
Shlomi Basson. Photo: Avishag Shaar-Yashuv
Hydrogen is considered an environmentally friendly fuel because its only burning byproduct is pure water—it has no carbon footprint. Hydrogen is regarded as a superior solution to electric vehicles, which are operated by batteries that eventually must be discarded.
According to the International Energy Agency (IEA), by the end of 2018, there existed 376 hydrogen fueling stations worldwide. Leading the hydrogen trend were Japan and Germany, with 43 such stations and also mobile applications that helped users locate them. Wan Gang's statement was one of several global and local events that helped bolster the next green vision. Investments by tier-1 automakers and scientific breakthroughs also pushed the vision of hydrogen forward.
In December, the Israeli Ministry of Energy, along with Israeli national program Fuel Choices and Smart Mobility Initiative, announced a grant to fund the country's first hydrogen fueling station, one of many future stations planned.
One of this decade's biggest challenges is energy: how do you supply the growing demand while still preserving the environment and the planet? Globally, the energy sector is transitioning from traditional to renewable energy.
Related storiesIsrael’s Government to Fund a Folding Electric Vehicle and Hydrogen Gas StationsIsrael’s Dependence on Gas Delays its Adoption of Green Energy, Says Economist
As we grapple with these new challenges, Bazan is examining a strategic collaboration with a local startup company developing a unique process for manufacturing clean hydrogen. The technology, developed by researchers at the
Sign In
Follow the stocks
