Sen. Marcos urges anew prompt approval of his bill to develop hydrogen as alternative fuel to prevent constant fuel and electricity prices hike
The unabated string of increases in fuel and energy prices this month that burdened households who are dependent on petroleum products and electricity has triggered Sen. Ferdinand “Bongbong” R. Marcos, Jr. to renew his call on co-senators to approve his bill seeking to develop hydrogen as an alternative power source.
Senate Bill No. 408, shortly entitled, “The Hydrogen Research, Promotion and Development Act of 2013,” seeks to create a Philippine Hydrogen Research and Development Center tasked to spearhead the development of hydrogen, said to be the fuel of the future.
Marcos said the volatility of oil price in the world market, which is dictated by the Organization of Petroleum Exporting Countries (OPEC), is retarding the country’s efforts for a rapid economic growth because the Philippines is highly dependent on oil imports.
“The latest big time price increases of both petroleum products and electricity in the last few weeks, with price adjustments of power until the first few months of next year is expected, there is compelling need to shift to hydrogen as an alternative fuel as a long term-solution. A Sustainable hydrogen power industry will extricate us from the cruel cycle of world oil price increase in the world market,” he said in a statement.
Under the bill, the Philippine Hydrogen Research and Development Center, which shall be created and operated by the Department of Science and Technology, will spearhead research, development and utilization of hydrogen in the country; initiate and encourage inventions of machineries, equipment, vehicle and the like to be powered by hydrogen; and serve as the core network of foreign investments on the development and utilization of hydrogen, among others.
Hydrogen, a highly flammable substance with zero carbon emission, is now used in Canada, America, Germany and Sweden as fuel for cars, trucks, jet planes, and other vehicles. It is being processed from deuterium, which is abundant in the Philippines, which is heavy water or hydrogen water without oxygen.
Marcos said the government’s intensified exploration of available energy resources in the country is an initial step towards veering away from over dependence on oil imports.
He said issues like global warming caused by excessive carbon emission from burning of fossil fuels and its impact on agriculture-based countries, has moved the government to consider alternative energy sources like hydrogen.
“A breakthrough in the development and utilization of hydrogen holds promise not only for the accelerated economic growths of the country but also for a much cleaner air, which abates the effects of global warming,” Marcos said.