Hydrogenics among top 10 winners of the Defense Energy Technology Challenge
July 25, 2012Hydrogencis technology wins top honors in challenge
Hydrogenics, a leading developer of hydrogen fuel cell products, has been selected as one of the winners of the 2012 Defense Energy Technology Challenge. More than 250 applicants competed in the challenges, each of whom represented some form of energy. Hydrogenics’ power-to-gas energy storage system won the company a high position in the challenge. Storage technology has become a popular topic in the world of hydrogen fuel and Hydrogenics is one of the many companies currently working on developing and deploying more efficient storage solutions for the fuel cell industry.
Power-to-gas system generates hydrogen fuel using surplus renewable power
The company’s power-to-gas system is a hybrid energy production and storage system. The system produces hydrogen fuel through the electrolysis of water. Electrolysis is sparked using surplus energy generated either by solar or wind energy systems. The hybridization makes Hydrogenics’ system completely sustainable and carbon neutral, as it does not rely on fossil-fuels of any kind. Daryl Wilson, president and CEO of Hydrogenics, notes that the system’s sustainable nature is a step in the right direction n terms of energy security.
Energy security may be boosting the popularity of alternative energy
Growing political tensions around the world, and particularly in the Middle East, have caused oil prices to spike. The looming threat of conflict may ensure that fuel prices remain high, thus creating a problematic economic scenario for many countries relying on foreign oil. Losing access to this valuable fossil-fuel could put these countries in a potentially catastrophic situation. Thus, alternative energy has been targeted as a viable way to ensure energy security. Hydrogen fuel has emerged as one of the most prominent ways to attain energy independence and, thereby, security.
Hydrogenics wins opportunity to showcase technology at upcoming event
As one of the winners of the Defense Energy Technology Challenge, Hydrogenics now has the opportunity to attend the Asia Pacific Clean Energy Summit, which will be held in Honolulu, Hawaii, next month. At the event, the company will be able to showcase its hybrid technology to the U.S. Department of Defense and its partners.
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