CITABLE RESOURCES
In 2023 alone, Class 1 Railroads spent almost $13 BILLION in Fuel
BNSF 2023
Union Pacific 2023
Collection of Links to Class 1 Railroads Financial Statements
Railroads and shareholders are concerned about Hydrogen and Batteries Safety
U.S Department of Transportation: Study of Hydrogen Fuel Cell Technology
In 2021, the U.S. DOT and Federal Railroad Administration found by looking through Class 1 railroads annual financial reports mentioning such topics, that all 8 Railroads posted topics citing safety as their no 1 concern with Hydrogen and Battery technology.
Diesel Fuel Cells Are The Solution
California Air Resources Board
Technology Assessment: Freight Locomotives
In 2016, the California Air Resources Board did a technology assessment for future freight locomotives.
They found that Hydrogen has some significant hurdles before industry-wide adoption happens.
Crucially they also found that a Solid-Oxide Fuel Cell System, utilizing a Gas Turbine, had significant viability, especially when utilizing a reformer to utilize existing fuel infrastructure.
The Results
“In applications designed to capture and utilize the systems waste heat, overall fuel use efficiencies could top 80 to 85 percent.”
— CARB TECH ASSESSMENT — 2016
“SOFC power generation efficiency is 53.7%, the overall electrical efficiency can reach 74.46%, this can prove the high efficiency of the system.”
— Paper from EAME — 2015