Hydrogen News

News Stories Oil vs Water — Confessions of a carbon emitter Jan 24, 2021 • ABC In this first Boyer lecture, leading philanthropist and businessman Andrew Forrest calls for an urgent move to green hydrogen "on a global scale" Having just returned from visiting nearly...

News Stories Hydrogen gas-fuelled airships could spur development in remote communities Jan 20, 2021 • The Conversation The U.S. and Canadian ban on using hydrogen as an acceptable lifting gas in airships stems from a political decision made in 1923 based on misinformation Summary: Written...

News Stories Global green-hydrogen pipeline exceeds 250GW — here’s the 27 largest gigawatt-scale projects Dec 21, 2020 • Recharge Rapidly rising number of gigawatt-scale renewable H2 developments promise economies of scale that could drive down the cost of the zero-carbon fuel This article lists the...

The Department of Energy is planning to invest $100 million over the next five years into research for hydrogen-powered heavy-duty trucks.

News Stories Road Map to a US Hydrogen Economy Oct 7, 2020 • US H2 Road Map 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...

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.

In addition to the financial commitment, Germany has indicated that it will use its EU Presidency term to advance a hydrogen agenda. Germany’s National Hydrogen Strategy was published on June 10, 2020.

News Stories Viking Planning World’s First Liquid Hydrogen-Powered Cruise Ship Oct 2, 2017 • qCaptain Viking Cruises has revealed that it is developing what could become the world’s first cruise powered by liquid hydrogen. The company announced the plan Friday at the Safety at Sea...