Based on the finding of a Purdue University Engineer who discovered that pouring water over an aluminum/gallium alloy that you get hydrogen and oxidized aluminum. With the use of electrolysis you release the oxygen from the aluminum and can restart the process. Here is the article: http://www.physorg.com/news98556080.html
This engineer imagined powering automobiles internal combustion engines and fuel cells, but would take a masive storge unit that would have to be replaced about as often as you fill you car up. I am thinking much bigger, on an industrial scale. Imagine a power plant producing a couple of gigawatts of electricity that continually extracts the hydrogen from water and oxygen from aluminum for storage to be used later. Then the pure hydrogen and oxygen are then run through masive fuel cells to produce electricity. The by-product, water, gets run through the process all over again. An absolute zero emissions power generation plant.
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The system is indicated in the article as being competitive with current systems by eliminating the necessity of distributing electrical energy from a central source which makes it expensive. If you go back to the central source you lose the competitive edge.
How so? Centralizing in one location has always been the competitive advantage because of the reduced cost of a single location. Besides the intial start-up cost, you are still talking about an electric power plant that only has to pay for the employees who maintain and run the operation and replacement cost of equipment. This is unlike any other plant that has to pay for not only the employees but also fuel to keep power production running. Were is the business disadvantage?
I don't exactly have a pile of un-used AL-Ga in my back yard. I think the possibilty of carrying around a 'tank' full of metal to produce hydrogen with is kinda funny.
Good luck to them. I don't see anything about the availability of Aluminum-Gallium alloy and if it's eventually used-up, as many catalysts are.
As for goofybrain's post, I agree with sand--the only way a car could run on hydrogen is to produce it on-site, as needed like this article suggest. Otherwise, it permiates the fuel-tank and leaks right out into space. That kinda hurts your gas mileage.
Given the finite amount of aluminum in the earth, I don't know how sustainable it is.