A TV interview of a Los Angeles-area fuel cell electric car driver.
A TV interview of a Los Angeles-area fuel cell electric car driver.
While still in its infancy, power-to-gas provides a promising approach to convert renewable power into “green” hydrogen and methane, furnishing the renewables sector with a potentially lucrative array of end-uses. A newly announced set of dramatically larger and ambitious projects indicate it has made serious inroads within the energy transition.
“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 path towards getting a figure as low as half.
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.
The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results. That is why Deme, Engie, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge and WaterstofNet are joining forces. A joint study serves as a basis to coordinate delivery of concrete projects that shape the production, transport and storage of hydrogen.
Green hydrogen could become economical in the 2030s, according to BloombergNEF. That assumes policy makers provide incentives to support it. Costs are expected to tumble as electrolysis technology becomes more efficient and production is scaled up. Moves by European governments to increase the cost of carbon dioxide emissions could further tilt the economics of the market in favor of hydrogen.
Hydrogen will be used in the refinery and as green hydrogen fuel for heavy duty vehicles in Denmark.