by Hydrogeit | Apr 14, 2021 | Germany
That Tesla chief Elon Musk would, one way or another, place his trust in Bitcoin was to be expected. He had already stated his interest and his enthusiasm for the cryptocurrency many times in the past and had previously considered switching the whole of his corporate financing to this digital money format. Words turned to action, with Tesla investing USD 1.5 billion in bitcoins.
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by Hydrogeit | Apr 14, 2021 | Germany
Off-grid living in Germany and Australia
Energy self-sufficiency, a dream for a number of homeowners, is now gradually becoming a reality. As isolated projects have already demonstrated, it is perfectly feasible to forgo a conventional grid connection and have a property’s entire energy needs met by renewables alone. The technology that makes this possible is on the tipping point of serial production following years of development, a move that could also bring the price down to a more acceptable level in the not too distant future.
by Hydrogeit | Apr 14, 2021 | Germany
Supplying zero-carbon energy to entire districts
An increasing number of building projects are now incorporating an energy supply based on hydrogen and fuel cells. Given the targets set out in the Paris climate agreement, the current thinking is clearly to avoid designing new housing developments that are dependent on fossil fuels and instead switch entirely to renewables. Due to the high expense that is sometimes associated with innovative energy technology, it makes sense to maximize the number of users. Residential neighborhoods in particular, which may run from several dozen homes to a hundred properties, are one way of making this alternative approach worthwhile.
by Hydrogeit | Apr 14, 2021 | Germany
Are fuel cell appliances fed by natural gas fit for the future?
Fuel cell heating appliances have now been on the market for several years. The choice, however, is limited and the prices are high, which explains the slow growth in the number of installations. Yet, perhaps there are other reasons why this section of the market has yet to pick up. For although there is currently a great deal of funding available for initiatives that encourage a switch to energy-efficient heating appliances, particularly when upgrading from an outdated oil-fired system, fuel cell heating units – just like condensing boilers – have the drawback of burning natural gas, thus making them a source of carbon dioxide emissions.
by Hydrogeit | Apr 14, 2021 | Germany
Digital Handelsblatt Energy Summit 2021
Global energy trends are clearly moving in the direction of hydrogen – and away from fossil fuels. That’s the conclusion that can be drawn from the three-day digital energy summit staged by German business paper Handelsblatt which ran from Jan. 13 to Jan. 15, 2021. The energy sector as a whole faces enormous challenges as it continues along the path of decarbonization. Coal will be exhausted and demand for oil, too, will gradually decline in favor of hydrogen – with green hydrogen a credible prospect in the longer term given its renewable credentials. Natural gas must also become cleaner, though carbon capture and storage, CCS, remains a divisive issue. “Turquoise” hydrogen, meanwhile, can be viewed as a sensible option for applications associated with the production of green steel. No mention was made of yellow hydrogen produced from biogas, and was addressed instead in terms of hydrogen created using nuclear power.
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