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Stock impact report

Hydrogen's transformative potential as a fuel source for cars [Yahoo! Finance]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Yahoo! Finance
But as the energy transition rolls on, the “hydrogen economy” has been introduced to disrupt the sector by using hydrogen as a fuel in itself. Hydrogen has seen use in a wide range of sectors. Buildings alone account for 30% of its final energy use with nearly 75% of that going towards space heating, hot water production and cooking. However, that use is currently being reevaluated. Demonstration projects are looking at the possibility of blending hydrogen into the natural gas grid. The UK has launched a groundbreaking hydrogen trial project, HyDeploy, at the Keele University. The £7 million pilot project is a partnership between several organisations, including Northern Gas Networks, Keele University, the Health and Safety Executive (HSE) Science Division, ITM-Power, and Progressive Energy. The zero carbon hydrogen being injected into Keele University's gas grid is feeding around 100 houses and 30 faculty buildings. As a fuel, it ticks a lot of boxes. It is clean-burning, abund Show less Read more
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