Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Hydrogen fuel is the way ahead, says oligarch

Abstract:
Mikhail Prokhorov, Russia's sixth-richest tycoon, has claimed that the UK is "missing a trick" in its search for clean energy and vowed to "invest billions" in hydrogen fuel cells.

Mr Prokhorov told The Independent on Sunday that the UK's commitment to a nuclear energy programme overlooked research that suggests hydrogen technology could be a more efficient option.

"So often," he said, "alternative energy sources, such as solar and wind energy, have failed two fundamental tests: being able to both store the raw energy and handle peaks of consumption."

Mr Prokhorov's main investment vehicle is Onexim Group, a $17bn (8.6bn) private investment fund that he launched in May last year.

"As well as investing in more traditional industries [such as mining and high technology], it is our intention to invest billions in hydrogen technology," said the oligarch.

He added: "A compelling advantage of energy produced from hydrogen fuel cells is that it can, thanks to nanotechnology advances, be stored. It can therefore be produced to coincide with consumption peaks."


Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Making magnets flip like cats at room temperature: Heusler alloy NiMnSb could prove valuable as a new material for digital information processing and storage July 25th, 2016

An accelerated pipeline to open materials research: ORNL workflow system unites imaging, algorithms, and HPC to advance materials discovery and design July 24th, 2016

Russian physicists discover a new approach for building quantum computers: Physicists find a way of 'bundling together' multiple elements of a quantum computer July 24th, 2016

A 'smart dress' for oil-degrading bacteria July 24th, 2016

Announcements

Making magnets flip like cats at room temperature: Heusler alloy NiMnSb could prove valuable as a new material for digital information processing and storage July 25th, 2016

An accelerated pipeline to open materials research: ORNL workflow system unites imaging, algorithms, and HPC to advance materials discovery and design July 24th, 2016

Russian physicists discover a new approach for building quantum computers: Physicists find a way of 'bundling together' multiple elements of a quantum computer July 24th, 2016

A 'smart dress' for oil-degrading bacteria July 24th, 2016

Energy

An accelerated pipeline to open materials research: ORNL workflow system unites imaging, algorithms, and HPC to advance materials discovery and design July 24th, 2016

Researchers discover key mechanism for producing solar cells: Better understanding of perovskite solar cells could boost widespread use July 21st, 2016

The future of perovskite solar cells has just got brighter -- come rain or shine: Korean researchers at POSTECH have succeeded in developing high-efficiency perovskite solar cells that retain excellent performance over two months in a very humid condition July 21st, 2016

Scientists develop way to upsize nanostructures into light, flexible 3-D printed materials: Virginia Tech, Livermore National Lab researchers develop hierarchical 3-D printed metallic materials July 20th, 2016

Fuel Cells

3-D paper-based microbial fuel cell operating under continuous flow condition July 5th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

VentureLab nanotechnology startup wins TechConnect Innovation Award June 2nd, 2016

Tiny probe could produce big improvements in batteries and fuel cells: A new method helps scientists get an atom's level understanding of electrochemical properties June 1st, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic