ExxonMobil to debut new hydrogen technology but says hydrogen ‘not a factor’ before 2030

ExxonMobil, QuestAir Technologies and Ben Gurion University said that they had completed initial development on a hydrogen production system for fuel cells that would convert biofuels on-board to hydrogen. Plug Power said that it will join the group to develop the technology for use in lift trucks, and expect to complete this phase of development by 2010.

ExxonMobil’s commitment to the project has caught observers by surprise.

Recently, Scott Nauman, Manager for Economics and Energy in the Corporate Planning Department of ExxonMobil said at a Florida conference that biofuel production will make up less than 3 percent of furl supply by 2030, and that hydrogen will not play a significant role in transportation looking ahead to 2030 either.

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