I have written about the despair of oil companies to keep up with the renewable energies (you can read it here). Hydrogen seems to be the solution!
It is possible to sell it like oil, cars still need to go petrol stations, or should I say hydrogen stations and fill their tank.
The dependency will be there so definitely oil companies should invest in this, their best alternative is to change their business to sell electricity to charge electric cars.
Keeping a similar business model is much less expensive, and not only this but also hydrogen is actually a more effective source of fuel to customers, once a full tank of hydrogen allows you to go for more kilometres and also it is faster to be fully fueled!
The turning point is happening now, with China starting to back this technology to power the future of transportation. And everyone knows what happens when China invests in something.
So, I believe that in the coming years the same revolution that started to happen with the diffusion of charging stations for electric cars, will happen with hydrogen refuelling stations, and from that moment onwards we will hear talking about hydrogen cars a lot!
Read the FT article:https://www.ft.com/content/27ccfc90-fa49-11e8-af46-2022a0b02a6c
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