Thursday December 15, 2005

Singapore is "well-positioned" to become a hydrogen producing centre: BP

channelnewsasia.com :

UK energy giant BP says Singapore is well-positioned to become a hydrogen producing centre. BP also expects Singapore to be an early adopter of hydrogen as a source of transport fuel, but that is provided hydrogen fuel-cell cars are priced at affordable levels. With oil prices not stabilising anytime soon, the need to develop alternative energy sources has become even more pressing.

BP has been actively developing hydrogen as a major source of fuel, currently producing 5,000 tonnes of hydrogen a day. BP says its main challenge is to produce hydrogen at affordable prices as hydrogen needs to be able to compete with conventional fuel such as petrol and diesel. At the moment, BP says it is still a long way from achieving its target of US$2 a gallon gasoline equivalent for untaxed hydrogen.

BP opened the world's first hydrogen station within the compounds of an existing petrol station at Upper East Coast last year. And it is set to launch a second station, at North Buona Vista, on Friday, which makes hydrogen on-site through electrolysis. BP says Singapore's push towards natural gas offers a good opportunity to develop the infrastructure needed for hydrogen production.

See also :

1. Honda unveils next-generation FCX fuel cell concept vehicle
2. BP Forms BP Alternative Energy
3. Why Hydrogen is No Solution
4. Two Hundred Hours

(2005-12-15 19:05:33 SGT) [Energy] Permalink

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