Hydrogen is widely seen as a future transport fuel, In the short term, hybrid electric vehicles have potential to increase the demand for base. The use of hydrogen in the production of transport fuels from crude oil is increasing rapidly. Nuclear energy can be used to make hydrogen electrolytically, and in the future high. temperature reactors are likely to be used to make it thermochemically. The energy demand for hydrogen production could exceed that for electricity production today.
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Volpe's Transportation and the Economy series considered emerging and future issues crucial to the U. transportation system's ability to keep pace with the rising demand to move people and goods and remain competitive in today's global econonmy.
Transportation economics: Transportation economics, the study of the allocation of transportation resources in order to meet the needs of a society. In a macroeconomic sense, transportation activities form a portion of a nation’s total economic product and play a role in building or strengthening a national or regional
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The development of transportation systems is embedded within the scale and context in which they take place. from the local to the global and from environmental, historical, technological and economic perspectives.
Transport supply is the capacity of specific transportation infrastructures and modes over a period of time. Transport demand are mobility needs for the same time period, even if they are only partially satisfied.