In the Netherlands, a power plant running on natural gas is said to be converted into a hydrogen facility. In mid-March, Mitsubishi Hitachi Power Systems announced it would adapt one of Nuon Magnum’s three 440-megawatt combined-cycle units in Eemshaven, in the Groningen region, for hydrogen by 2023. The change in fuel would be part of the ongoing Carbon-Free Gas Power project.
So far, we’ve closely followed the developments unfolding at Berlin-based fuel cell supplier Heliocentris and the takeover of its locations in Germany (see H2-international, May 2017 and January 2018). We also reported about the comeback of FutureE and the spin-off of Home Power Solutions. And recently, we sat down with Sebastian-Justus Schmidt, owner of Enapter, to find out what happened to Heliocentris’ subsidiary in Tuscany.
Until 2030, Switzerland’s heat generation from renewable gas is to increase from today’s roughly 1 percent to 30 percent. To achieve greater efficiency in the use of raw gas sources, Zurich-based energy supplier Energie 360° and the PSI – Paul Scherrer Institute have been working on developing a new power-to-gas technology.
Fuel cells are highly productive systems for converting energy from hydrogen into electricity. Their conversion efficiency of 50 percent to 60 percent has made them a subject of intense interest among stakeholders in the EU’s current and past research framework programs. However, if there is to be a concrete implementation strategy to introduce zero-emission power generation throughout Europe
Hydrogen certainly has the potential to become a mainstay across all kinds of energy markets. It can be produced entirely from renewable energy, requiring not even a tiny amount of carbon-based fuel. It is currently being brought to market to power cars, buses, trucks and trains through fuel cells driving their engines.
Water electrolysis is starting to make inroads into the refinery sector. Shell has revealed plans for the construction of a 10-megawatt electrolyzer at its Wesseling refinery site in Germany. The project, called Refhyne, is supported with EUR 10 million in funds from the EU’s Fuel Cells and Hydrogen Joint Undertaking. It will see British manufacturer ITM Power forging ahead with the design of a system
Riversimple, based in Llandrindod Wells, a Welsh town of 5,000 people, is venturing into uncharted territory. Crowdfunding a new fuel cell car is not the only thing that sets the company apart from its competitors. The small creative powerhouse will also take another route in distribution.
In late 2017, the Holthausen Group, a Dutch gas supplier based in Hoogezand, east of Groningen, unveiled a Tesla car running on hydrogen instead of battery power. More specifically, the company had replaced the battery in a Tesla Model S, owned by 18-year-old Max Holthausen, with a fuel cell and a hydrogen tank. The upgrade more than doubled the range of the vehicle
Last February, the Czech member of Singapore-based Horizon Educational Group acquired Heliocentris Academia, or at least some portion of it (see The Break-Up of Heliocentris). Other assets, or, more specifically, part of the sales, advanced manufacturing and back-office divisions, went to the group’s companies in China and the United States.
Canadian producer Hydrogenics (Nasdqaq: HYGS) and British manufacturer ITM Power (London: ITM) aren’t entirely comparable, but they use similar technologies. There are some commonalities in the form of power-to-gas projects, hydrogen stations and powerful electrolyzers to generate the gas. Their market caps aren’t as far apart as I would expect based on the number and contract value of bookings. Both stocks have experienced severe price drops.