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Reports and Studies

2014-01-22 02:58:43

Shell Predicts the End of Petroleum-Fueled Cars by 2070

Peak oil demand will be reached in 2035

 
 
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Honda has had fuel cell vehicles being leased to customers since 2007 and plans to sell one completely

The era of oil may be coming to an end, at least according to a report published by Shell that predicts there will be no more petroleum-fueled cars by 2070. The oil company came to the conclusion by examining oil use and regulation scenarios and published it in a 46-page analysis.

Shell speculates that the future is in hydrogen. It predicts that by the end of the century there will be an “extensive” hydrogen infrastructure – enough to support nearly all uses currently filled by petroleum. Normal road users may make the switch even sooner, as Shell predicts the final vehicles to use petroleum will be for long distance and heavy loads.

However, Shell does not think that the world has reached peak petroleum demand yet. During the transition to hydrogen, the demand for natural gas and electricity will grow, but most cars will still use petroleum-based fuels. It predicts the global peak will be reached in 2035.

The auto market is already seeing the first hydrogen-fueled vehicles. HondaHondaHondaJapan, 1948 > present102 models
2419 photos
10 videos
has leased the FCXFCX Gen.1Honda FCX Gen.1Japan, 1999 > present2 versions
2 photos
to select buyers since 2007, and both Honda and ToyotaToyotaToyotaJapan, 1937 > present155 models
4570 photos
10 videos
are promising to have hydrogen fuel cell-powered vehicles on sale to consumers before the end of the decade. DaimlerDaimlerDaimlerGermany, 1889 > present12 models
77 photos
1 video
has also been working on how to bring the technology to market.

The key to the future of hydrogen will be building a refueling infrastructure. The number of refueling points currently number in the hundreds worldwide. It will take a concerted worldwide effort to wean the world off of petroleum as Shell predicts.

Source: Auto Express

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