29 Jul '11, 10pm

Pike predicts more than 5,200 hydrogen fueling stations operational by 2020

Pike predicts more than 5,200 hydrogen fueling stations operational by 2020

More than 5,200 Hydrogen Fueling Stations to be Operational by 2020 July 19, 2011 Hydrogen is widely used for its chemical properties in a range of industrial applications. Fuel cells that use direct hydrogen are opening up a new business opportunity for hydrogen suppliers – one with potentially high demand if some key markets take off. The key direct hydrogen fuel cell applications that are currently seeing traction are light duty vehicles, forklifts, buses, stationary power, and scooters. These fuel cell market present different infrastructure buildout pathways, with varying opportunities and challenges. According to a new report from Pike Research, as a result of this infrastructure investment, more than 5,200 hydrogen fueling stations for cars, buses and forklifts will be operational worldwide by 2020, up from just 200 stations in 2010. The cleantech market intelligenc...

Full article: http://green.autoblog.com/2011/07/29/pike-predicts-more-t...

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