The renewable energy sector is set to undergo a period of unprecedented growth in the coming years. From the 2011 Bloomberg New Energy Finance: Global Renewable Energy Market Outlook, investment in renewable energy projects is expected to reach $395 billion/yr by 2020 and $460 billion/yr by 2030. Solar and wind combined will account for $290 billion/yr by 2020. Overall, an estimated 7 trillion dollars in capital will be required between 2011-2030.
One of the challenges facing the deployment of renewable energy systems is the intermittent nature of renewable energy resources – the sun does not always shine, nor is wind always present. This drawback presents a huge global opportunity for energy storage systems that can harness excess solar or wind energy and release it during periods where the sun or wind aren't present. One of the most promising systems is hydrogen (H2) owing to the fact that H2 has a high energy density. One kilogram of H2 holds three times the energy of gasoline (i.e., 1 gallon of gasoline = 1 kilogram of H2). Hydrogen can also be used to power fuel-cell electric vehicles, convert sequestered CO2 into liquid fuels, sold as merchant gas or simply stored until it is needed.
Hydrogen must be extracted from a source because it does not occur naturally. The ideal source of H2 is water. ENDS Energy uses renewable energy sources such as Solar, Wind, Geothermal, Kinetic, Hydro, Wave/Tide Generation, etc., or any renewable sources to produce clean hydrogen fuel from water that can be used on demand by consumers.
The opportunity of the future is here today.
Additional information soon to be posted.
“Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors,
we borrow it from our Children." - Ancient Indian Proverb
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