Why Create Hydrogen from Renewable Energy Sources? Five Reasons 93% of transport is currently oil based. Green transport solutions, such as hydrogen, will play a key role in achieving US/EU energy and climate change targets. Hydrogen Fuel Cell Electric Vehicles (FCEV) have a longer range than electric battery vehicles. This extended range is an essential requirement to mimic current gasoline based vehicle expectations. Less than one percent of all the hydrogen created in the world comes from a renewable energy source. 75% of the cost of hydrogen production is the cost of electricity Water Operators have a unique and special opportunity to play a role in the Hydrogen Economy.