How does the fuel cell industry relate to the petrochemical industry?
A. Fuel cells are fueled by hydrogen. Much expertise resides in the petrochemical industry which has made, sold, stored, and distributed hydrogen and hydrogen products for over 150 years. Additionally, hydrogen is a fuel that could partially replace or compete with current fossil fuels for dominance in power generation throughout the world. It is natural then, that oil and gas companies, large and small would heavily invest in research and technology of fuels of all kinds and the business leadership to be gained by pioneering new technology.
