“Our findings confirm the prediction that the production and application of hydrogen will develop just as rapidly in the next decade as was the case with wind and solar energy in the nineties,” Reichelstein said.
The other reason hydrogen energy is so interesting is that costs have come down dramatically — the cost of producing it from renewable power was 40 times as expensive as the equivalent amount of oil in 2000 and 15 times in 2010. Today we are looking at hydrogen energy being twice the cost of oil, and there is a clear…
Through the agreement, CLH will develop hydrogen production assets and downstream markets in Spain, in the industrial, mobility and power production/storage sectors for distribution to Plug Power customers throughout Europe.
The contract, the details of which have not been disclosed, involves the supply of equipment for buses and is claimed to be the largest project in Europe for this type of vehicle.
Kevin O’Donovan chats with Willi Meixner, CEO of Power Generation Operations at Siemens Gas and Power during the 24th World Energy Congress in Abu Dhabi.
Chief Scientist Alan Finkel says Australia can be a world leader in hydrogen production and export.