IHS Chemical Week

EnviroTech :: Alternative fuels

Hydrogen Use to Cut EU Oil Demand

1:09 PM MST | March 3, 2008 | Chemical Week Editorial Staff

Use of hydrogen could reduce oil consumption in road transportation fuels by 40% in the European Union (EU) by 2050, says a recent report from a major EU research program. The EU could take a leading position in the worldwide market for hydrogen technologies, resulting in new economic opportunities and boosting competitiveness, says the report from the HyWays project, which is aimed at developing a roadmap for greater use of hydrogen. However, action must be taken as soon as possible if the EU is to achieve this target, the report adds. EU member states are due...

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