The IPHE (International Partnership for Hydrogen and Fuel Cells in the Economy) for a summary of the activities taking place in 21 IPHE member countries and the European Commission.
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The energy giant is expanding its shift away from oil instead of following the direction of its competition. Royal Dutch Shell is taking aim at rapid hydrogen growth, the rise in the biofuel market, and in power trading. The company has been strategically making these…
The objective of H2Gear is to ground test an aerospace-standard fuel cell based cryogenic propulsion system. This will include passing testing milestones on component, subsystem and complete system ground tests, to prepare for a potential flight test in 2025/2026.
LONDON (Reuters) – Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources said. Shell and its…
By the end of 2021, Scotland will be home to its first hydrogen-powered passenger train operating on its ScotRail. The success of Alstom’s Coradia iLint fleet of hydrogen fuel cell powered passenger trains in Germany and the Netherlands has inspired engineers throughout Europe to invest…
The Department of Energy is planning to invest $100 million over the next five years into research for hydrogen-powered heavy-duty trucks.
Based on interviews with 20 major companies including automotive, hydrogen industry leaders, oil and gas companies, and technology firms, McKinsey & Company published a 10-year roadmap for the U.S. Hydrogen Industry. The firm concluded that hydrogen is fundamental to meeting the climate commitments that have…
Bank of America Securities estimates in their latest Global Research Report that green hydrogen could provide up to 24% of our energy needs by 2050, helping to cut emissions by around a third. In doing so, the transition to green hydrogen could provide $11 trillion of infrastructure investment opportunities over the next 30 years, and direct annual revenues of $2.5 trillion.
Green hydrogen looks poised to become a once-in-a-generation opportunity: we estimate it could give rise to a €10 trillion addressable market globally by 2050 for the utilities industry alone.
BloombergNEF (BNEF) predicts that the EU’s and Germany’s plans to push the use of green hydrogen to decarbonize the economy are likely to trigger a competitive race with China that will be crucial for a global breakthrough of the technology. Europe’s recent commitments “completely change the outlook” for a sharp reduction in costs that will allow scaling up production and use of renewable hydrogen.