Alchemy Research developed an innovative method of energy storage and conversion that is applicable for several major markets. The method employs aluminum as an energy carrier, namely "a fuel". Using a proprietary process, aluminum chemical energy is converted to hydrogen and heat, in turn providing a useful power source. The conversion process is cost efficient, safe, and non-polluting. The conversion produces aluminum oxide, which is an environmentally friendly substance that is fully recyclable back into original aluminum by electrolysis. The proposed fuel and process can advantageously replace fossil fuels in many applications, and especially for powering electric vehicles. It is competitive in terms of cost, and it outperforms fossil fuels in many other aspects, including safety, impact on the environment, and dependency on oil imports.