IT is central to everything in green technology: smart grids, smart transport, how we actually run electric vehicles, refuel and how we route vehicles through a city
Affordable energy that is clean and consistent, delivered in a single system at a fraction of the price that people are paying today – 4.5 pence (US$0.07) per kilowatt hour (kWh) to be precise – isn’t that too good to be true? Sir John Banham, Chairman of Johnson Matthey, doesn’t think so because these are the very benefits from fuel cells which are already powering homes and buildings in the US today. And it often comes from an unlikely source – methane gas from human waste.
[This article is republished courtesy of INSEAD Knowledge, the portal to the latest business insights and views of The Business School of the World. Copyright INSEAD 2024]