Hydrogen fuel cell more economical than diesel engine: Loop Energy

By Garima Soni  | Date: 2022-09-19

Hydrogen fuel cell more economical than diesel engine: Loop Energy
  • Major freight truck manufacturers like Volvo and Daimler Truck are investing substantially in hydrogen fuel cells as the automotive industry transitions to zero-emission electric vehicles.
  • Loop Energy's goal is to give fuel cell technology to emerging truck manufacturers.

Loop Energy, a manufacturer of hydrogen fuel cells, reportedly claims that its most recent cell system can provide higher fuel efficiency than a diesel engine at the current pricing point.

Additionally, British Columbia-based Burnaby claims that a truck could travel just over 111 miles on USD 100 fuel using its all-new fuel cell system called S1200, compared to just over 109 miles for an equivalent diesel truck, based on a pan-European diesel cost of USD 1.91 per liter on Sept. 5 and USD 10 per kg of hydrogen.

Since batteries weigh too much for electric trucks to be practical, major freight truck manufacturers like Volvo and Daimler Truck are investing substantially in hydrogen fuel cells as the automotive industry transitions to zero-emission electric vehicles.

Further, the only emission from hydrogen fuel cells, which use hydrogen to charge a small battery that powers the truck and generates energy and heat is water. Hydrogen fuel cells have encountered two obstacles to widespread deployment, as they have been less efficient than diesel previously and since there is so little fuel infrastructure in Europe.

According to Loop Energy CEO, Ben Nyland, his moves have brought the future forward. In addition, this product offers the economics required for adoption right now and the first of these problems are effectively solved by the new cell system, Nyland added.

Additionally, Nyland stated that Loop Energy's goal is to give the fuel cell technology to emerging truck manufacturers as well as include it in the hydrogen powertrains that major suppliers give to established truck manufacturers.

For those unaware, the largest shareholder in the business is American engine manufacturer Cummins, which owns more than a 20% stake in Loop Energy.

 

Source Credit:

https://www.reuters.com/business/autos-transportation/loop-energy-says-new-hydrogen-fuel-cell-more-efficient-than-diesel-engine-2022-09-18/

About Author

Garima Soni     aeresearch.net

Garima Soni

Despite starting her career in science, Garima always had a zeal for writing. She started out her writer journey as a freelancer which eventually turned into a full-time job. Now as an upcoming MBA professional, Garima pens down articles for BonafideNews and several o...

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