The Company’s Net Zero by 2050 Plan identifies 10 key areas of focus, including decarbonizing the gas network through use of renewable natural gas and hydrogen;
Germany may surpass its target of 5 gigawatts (GW) of installed hydrogen capacity by 2030 as it speeds up coordination efforts at a national and European Union level, the government’s national commissioner for green hydrogen said in a webinar on Tuesday.
Stone Edge saw the benefits of green hydrogen early on. After struggling to power its operations through photovoltaic solar systems alone, owner Mac McQuown sought a more integrated solution. With the support of Omni Energy Solutions, Stone Edge installed a micro-grid that combines various clean energy technologies, including renewable electricity generation and battery and hydrogen storage, with real-time monitoring and…
Calling it a once-in-a-lifetime opportunity, Goldman Sachs estimates the addressable market could be worth €10 trillion ($11.7 trillion) by 2050, split between Asia, the U.S. and Europe.
"We believe liquid hydrogen to be advantaged over other potential zero-emissions fuels for shipping, therefore giving a higher likelihood of success," it said in its latest report, 'Decarbonising Shipping: Setting Shell's Course.'
Chile is wagering on hydrogen as a major new export sector, which could rival the country's mining industry in size by the middle of this century. The International Energy Agency has estimated that the country has a potential to produce 160 million mt of green hydrogen annually, doubling current global demand.
“We think electrolysers can get much cheaper much sooner than most expect,” said Kobad Bhavnagri, BloombergNEF’s Sydney-based global head of industrial decarbonisation.
The hydrogen fuel cell forklift developed is a mid-to-large sized one that can lift up to five tons of cargo and can be operated continuously for five hours when its hydrogen fuel cell is fully charged. Although small-sized hydrogen fuel cell forklifts designed to carry small items indoors have previously been unveiled, this is actually the first time that a…
After decades of false starts, hydrogen technology is poised to take off as falling production costs, technological improvements, and a global push toward sustainability converge, according to Bank of America. The firm believes this will generate $2.5 trillion in direct revenue — or $4 trillion if revenue from associated products such as fuel cell vehicles is counted — with the…