H Prize Rotary

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H-Prize: 

H-Prize

The End of Cheap Oil: 

The End of Cheap Oil The End of Cheap Oil …

GAS PRICES ON THE RISE: 

GAS PRICES ON THE RISE Source: US DOE EIA 2 8 3

Top 10 Foreign Suppliers of U.S. Oil: 

Top 10 Foreign Suppliers of U.S. Oil

Energy Security?: 

Hugo Chavez, President of Venezuela: “…use geopolitical power from oil.” Mahmood Ahmadinejad, President of Iran: “Rich nations should be paying $100 / barrel…” Energy Security?

Slide6: 

Cars line up to buy gas in China's Guangdong province, August 17, 2005. (China Daily) Global Energy Demand to Grow 60% by 2030* *Exxon Mobil Energy outlook

Demand will require 40% increase in OPEC Oil: 

Demand will require 40% increase in OPEC Oil

What about ANWR?: 

What about ANWR? ANWR: One mb/day 10 years from now… Total 27 mb/day U.S. Consumption of Oil (million barrels /day)

The Road Ahead: 

Near term: Conservation measures Mid term: Hybrid, flexible fuel, ethanol & methanol, bio-diesel, better batteries Long term: Transitioning to the hydrogen economy The Road Ahead

Why hydrogen?: 

Why hydrogen? Safe Abundant Clean

Is Hydrogen safe?: 

Gasoline tank fire Is Hydrogen safe?

Our part in the Hydrogen Economy: 

Commitment Collaboration Discovery Our part in the Hydrogen Economy

Commitment: 

Commitment "to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to the Earth." Neil Armstrong: “One small step for man. One giant step for mankind. July 20, 1969

Collaboration: 

Collaboration CLEMSON-ICAR Center for Fuel Cell Research

Discovery: 

Discovery Hydrogen Storage – Needs to be about 300 miles Fuel Cell Cost – Now about $110 a kW; Needs to be about $30 per kW H2 Cost – Now $4 gallon of gas equivalent (gge) Needs to be about $3 gge.

H-Prize: 

The most non-governmental way government can achieve clear results. Provides results-based financial incentives to harness the creative, can-do spirit of Americans. H-Prize

Slide17: 

H-Prizes 1) Technical Breakthroughs 2) Prototypes 3) Transformational Technologies

We can. Because we have.: 

We can. Because we have. Transcontinental Railroad last spike on May 10, 1869, at Promontory Summit, Utah

We can. Because we have.: 

We can. Because we have. August 15, 1914 the Panama Canal opened after nine years of grueling effort

We can. Because we have.: 

We can. Because we have. July 16, 1945, Manhattan project results in first successful atom bomb test at Trinity Site

How Long?: 

How Long? Transcontinental Railroad 1863-1869 6 years Panama Canal 1905-1914 9 years Manhattan Project 1942-1945 3+ years Moon Landing 1961-1969 8 years Hydrogen economy 2003 - ?

We can. Because we must.: 

We can. Because we must.