An $11 trillion global hydrogen energy boom is coming.
Long ago, oil and coal were discovered as useful when burned. This started us down the path of building a carbon and fossil-fueled economic world. Carbon is released when fossil fuels combust. Carbon monoxide (CO) and carbon dioxide (CO2) are known greenhouse gases.
Hydrogen is not naturally occurring like coal and oil. No dinosaurs died and decomposed into hydrogen. Remember that water is oxygen with two hydrogen atoms (H20). So, hydrogen exists in large quantities and can be readily separated from water and natural gas.
Like any fuel, storage issues must be addressed along with economic considerations. Just as technology investments caused wind and solar to become the power generation choice over coal and gas-fired generation. Technology has advanced to the point that a hydrogen energy cycle (extraction, storage, combustion, and conversion to electricity) is economic. The hydrogen option is becoming especially advantageous to countries that don’t have fossil fuels to extract. Fortunately, they have water and access to natural gas as alternatives to create hydrogen.
As electricity usage grows (powering cars, trucks, etc.) and climate change is addressed, alternatives to the carbon power cycle are needed. Technology has already made wind and solar the power generating choice for many. Hydrogen seems poised to add to the solution.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.cnbc.com/2020/11/01/how-salt-caverns-may-trigger-11-trillion-hydrogen-energy-boom-.html
Looking Back
As we prepare to ring in the new year, most are looking back on an incredible year of innovations and historical moments. Events such as these do not occur without hard work, inspiration, and dedication. Look back at the last year and relish the ups and downs, the hurdles and accomplishments; whether minor or grand, know that 2019 set the precedence for our future. And it sure is looking bright.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://realgyenergyservices.com/illinois-100-clean-energy-bill/
https://realgyenergyservices.com/midwest-groundcovers-completes-addition-to-solar-power-project/
https://realgyenergyservices.com/transforming-energy-education-in-the-digital-age/
https://realgyenergyservices.com/wind-energy-supplies-nearly-7-of-us-electric-demand/
https://realgyenergyservices.com/powerhouse-building-produces-more-energy-than-it-needs/
TAE Technologies Wins Three INFUSE Awards to Further Fusion Energy Research
The US Department of Energy (DOE) awarded TAE with 3 INFUSE awards for their “pursuit of clean, safe, cost-effective, scalable, fusion energy, and a continued recognition that it is a viable effort worth public funding and collaboration”. Federal support is necessary to help commercial fusion power plants recognize new ways to efficiently provide carbon-free electricity production. TAE will focus on the US’s energy needs while addressing environmental and security requirements “by resolving industrial-scale issues of technology, cost, and safety”. Using the DOE’s resources, we should see an acceleration in fusion energy development to better our environment and economy using renewable energy.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.prnewswire.com/news-releases/tae-technologies-wins-three-infuse-awards-to-further-fusion-energy-research-300968932.html