Home Editorial THE HYPE AROUND ALTERNATIVE ENERGY AROUND THE WORLD

THE HYPE AROUND ALTERNATIVE ENERGY AROUND THE WORLD

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… the end of crude oil is near and Nigeria will be badly affected

A glance at the $644 Million Hydrogen-Powered Superyacht from Sinot Yacht Architecture & Design made me conclude that the end of crude oil is near and Nigeria will be badly affected. The 367-foot vessel nicknamed “The AQUA” which has been in the news as associated with World Billionaire Bill Gates, according to design specifications released by the manufacturer, would store its liquid hydrogen fuel in twin 28-ton vacuum-sealed tanks cooled to minus-423 degrees Fahrenheit. The sci-fi concept ship received an enormous amount of hype when it was revealed recently.
Simply put, hydrogen fuel cell technology works by generating electricity through a chemical reaction. Pressurized hydrogen (H2) is the ‘fuel’ in the tank, which then interacts with oxygen (O2) in the air to create electricity through a chemical reaction. Fuel cells are inherently more efficient than combustion engines, which must first convert chemical potential energy into heat, and then mechanical work. Currently most internal combustion engines operate with an efficiency around 25% and power plants achieving about a 35% efficiency; however, a stationary fuel cell, when used in a combined heat and power system, can have an efficiency level of greater than 80%.
Fuel cells systems are more environmentally friendly than internal combustion engines, as the only byproduct is H2O (and it’s clean enough to drink). Hydrogen fuel cells can be thought of as batteries that never run flat as long as the H2 keeps coming. Other alternative power that is fighting against crude oil are Solar Power, Nuclear Power, Hydroelectric Energy, Wave Energy, Biofuels, Natural Gas, Geothermal Power, Wind Energy.etc
We all hope that the inevitable decline of oil in the global space will drive Nigeria’s attention to other alternatives which of cause is Solid Minerals and Agriculture. So while the future of oil is getting threatened by the impending ban on vehicles using fossil fuels in countries such as UK, France, China and the US, it is a big opportunity for Nigeria to start producing batteries from these mineral resources that will power the electric cars. We have all the ingredients to become an electric battery-producing country.