World energy analysis: H2 now or later?

This is a study of world energy resource sustainability within the context of resource peak production dates, advanced energy use technologies in the transportation and electricity generation energy use sectors, and alternative fuel production including hydrogen. The finding causing the most concern is the projection of a peak in global conventional oil production between now and 2023. In addition, the findings indicate that the peak production date for natural gas, coal, and uranium could occur by 2050. The central question is whether oil production from non-conventional oil resources can be increased at a fast enough rate to offset declines in conventional oil production. The development of non-conventional oil production raises concerns about increased energy use, greenhouse gas emissions, and water issues. Due to the emerging fossil fuel resource constraints in coming decades, this study concludes that it is prudent to begin the development of hydrogen production and distribution systems in the near-term. The hydrogen gas is to be initially used by fuel cell vehicles, which will eliminate tailpipe greenhouse gas emissions. With a lowering of H₂ production costs through the amortization of system components, H₂ can be an economic fuel source for electricity generation post-2040.