Advantages
Similar to methanol, formic acid is a small organic molecule fed directly into the fuel cell, removing the need for complicated catalytic reforming. Storage of formic acid is much easier and safer than that of hydrogen because it does not need to be done at high pressures and (or) low temperatures, as formic acid is a liquid at standard temperature and pressure. Formic acid does not cross over the polymer membrane, so its efficiency can be higher than that of methanol.
Read more about this topic: Formic Acid Fuel Cell
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