Category: Green Hydrogen

Hydrogen on top of the agenda for decarbonizing future energy supply

Hydrogen on top of the agenda for decarbonizing future energy supply

February 12, 2021 | ,

Current forecasts anticipate that demand for hydrogen will continue to steadily increase towards 2050. With so many sectors considering hydrogen as a zero-emission energy carrier or fuel, steady demand from existing off-takers will be augmented by the rise in demand from customers in new sectors. Current data suggest that global hydrogen demand will require additional generation of 35-1,100 TWh per year by 2030, increasing to 300-19,000 TWh per year by 2050.

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Green hydrogen market size to reach $2,569.7 million by 2028: Reports and Data

Green hydrogen market size to reach $2,569.7 million by 2028: Reports and Data

February 11, 2021 | ,

The global green hydrogen market is expected to reach a market size of USD 2,569.7 million by 2028 and register a high CAGR during the forecast period, according to a latest report by Reports and Data. According to the report, the green hydrogen market is witnessing increasing growth due to rising concerns regarding climate and growing shift towards renewable energy.

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The European Commission’s Sustainable and Smart Mobility strategy: Targets for and impact on the mass transit segment

The European Commission’s Sustainable and Smart Mobility strategy: Targets for and impact on the mass transit segment

February 11, 2021 | , ,

The existing vehicle fleet has a small proportion of low- and zero-emission vehicles. To boost the uptake of such vehicles, the commission will propose a revised CO2 standard for cars and vans by June 2021. Secondly, the commission will adopt regulations to ensure that the batteries available in the European market are sustainable and safe for their entire life cycle. Overall, the flagship area focuses on increasing the use of electric and hydrogen fuel technology in all transport fleets.

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Latin America green hydrogen index: Chile’s top ranking aligns with green hydrogen ambitions

Latin America green hydrogen index: Chile’s top ranking aligns with green hydrogen ambitions

February 4, 2021 | , ,

The Latin America region contains a handful of markets with significant potential for the development of green hydrogen, although there are several weaker performing markets that rank well below the global average. Fitch Solutions has developed a Hydrogen Index, which assesses the suitability of a market for the green hydrogen industry.

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Masdar City plans to launch pilot green hydrogen project

Masdar City plans to launch pilot green hydrogen project

January 29, 2021 | , ,

Masdar City has announced that it is developing a pilot green hydrogen project in collaboration with the Abu Dhabi Department of Energy, Etihad Airways, Khalifa University of Science and Technology, Siemens Energy, Marubeni, and the Lufthansa Group. The eloctrolyser used in the project will be solar-powered and will be constructed in Masdar, Abu Dhabi. The project will aim at producing green hydrogen and sustainable fuels for road transport, aviation, and shipping.

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Pure Hydrogen and Liberty Hydrogen plan to form a joint venture to develop four hydrogen hubs in Australia

Pure Hydrogen and Liberty Hydrogen plan to form a joint venture to develop four hydrogen hubs in Australia

January 28, 2021 | , ,

Real Energy’s hydrogen division Pure Hydrogen has signed a binding agreement with Liberty Hydrogen to establish a joint venture company that will develop four large-scale hydrogen projects in Australia. These large-scale hydrogen manufacturing and distribution hubs are planned to be developed on Australia’s East Coat – Project Jupiter (Gladstone) and Project Mars (Mackay) in Queensland, Liberty North (Newcastle) in New South Wales and Liberty South (South East Victoria) in Victoria.

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Bangladesh sets up a research centre and pilot project for hydrogen technologies

Bangladesh sets up a research centre and pilot project for hydrogen technologies

January 22, 2021 | , ,

Bangladesh has announced that it has set up a research centre and a pilot processing plant for hydrogen-based technologies. In addition to producing hydrogen, the plant will also produce waste and biomass which will be used as feedstock. For this, the Bangladesh Council of Scientific and Industrial Research (BCSCIR) has kickstarted the training of scientists to work towards setting up a full-fledged Hydrogen Energy Laboratory as part of the project.

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SK Group and Plug Power partner to promote hydrogen-based technologies in Asia

SK Group and Plug Power partner to promote hydrogen-based technologies in Asia

January 12, 2021 | , ,

A strategic partnership has been announced between United States-based hydrogen fuel cell provider Plug Power and the South Korean SK Group to promote hydrogen-based technologies in the Asian Market. Accordingly, SK Group will be investing $1.5 billion to acquire a 9.9 per cent pro forma ownership stake in Plug Power, thereby forming a joint venture company in South Korea. Plug SK Group’s US subsidiary will purchase around 51.4 million shares for $29.28 per share, and the transaction is expected to close in the first quarter of 2021.

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