100% renewable targets will require power storage to manage flows on the net
Electrolysers utilise these intermittent power flows to produce H2 gas from water
H2 gas can be stored in large quantities underground and transported via existing gas pipelines
H2 vehicles recharge faster and are more durable than battery powered transport
Growing H2 demand in industrial processes will reduce costs and increase supply

The much anticipated BP Statistical Energy Review was presented in Brussels a week before the Emission Trading System votes in the EU Parliament. Global energy markets are heavily affected by a “massive shift” in the composition of global economic growth, according to Cristof Rühl BP’s chief economist. Non-OECD (Organisation for Economic Cooperation and Development) countries like China and India accounted for nearly 50% of growth and for nearly 90% of energy demand growth in 2007. China alone was responsible for 40% of that demand, much of it met by coal, Rühl said. The report can be downloaded at http://www.bp.com