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Olympic H2 flame

Olympic H2 flame

by | Aug 16, 2021 | Asia, worldwide

olympic flame, © Tokyo 2020

© Tokyo 2020

The Olympic flame is to burn with hydrogen for the first time at this Olympics. H2 gas is already being used in the “baton”, which is modelled on a cherry blossom, during the torch relay – at least on some stages. The green hydrogen needed comes from Fukushima. An official from Japan’s energy agency said: “This will raise public awareness of the important role hydrogen is to play in the future.” (more…)

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Bloom Energy – 30 percent steady annual growth

Bloom Energy – 30 percent steady annual growth

by | Jul 21, 2021 | worldwide

Investment bank J. P. Morgan’s analyst meeting with KR Sridhar, Bloom Energy’s chief executive, on May 26 revealed bright prospects for the company. When one analyst asked by how much Bloom wants to grow in the near future – if it aims for a rate of 20 percent to 25 percent annually – Sridhar replied the target is rather 30 percent a year over a long period of time. He based his assessment on an analysis of the company’s advanced technology, IP portfolio, markets and applications, as well as its competitive position, expertise and experience.

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Bloom Energy – 30 percent steady annual growth

Nikola Motors – competition is good for business

by | Jul 21, 2021 | Europe, Germany, North America, worldwide

It seems like Nikola Motors [Nasdaq: NKLA] was able to stop the bleeding of the past few months. The stock is rising again. Up to 30 million shares are now traded each day, a comparatively high volume for the company. The new-found optimism among investors seems to stem from reports about Nikola’s recent progress in meeting its targets. Construction of the Arizona factory is well underway. Then there are new production facilities being built in Ulm, Germany. And another boost for the stock came when competitor Daimler Truck announced its intention to have 5,000 hydrogen-fueled heavy-duty vehicles on the road over the next few years, with business partner Shell providing the fueling infrastructure. Sounds a lot like Nikola’s business model, the difference being that Nikola will produce its own hydrogen, and be able to keep the revenue, instead of outsourcing the task to another company.

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Bloom Energy – 30 percent steady annual growth

Handelsblatt magazine’s Hydrogen Summit

by | Jul 21, 2021 | Germany, worldwide

Driven in part by the recent decarbonization aims of multiple countries and businesses around the world, there is now pressure on every stakeholder in the sector to establish a global hydrogen economy as fast as possible. That much was clear to those attending German Handelsblatt magazine’s online Hydrogen Summit on May 26 and 27. An oft-discussed issue also brought up at the summit was the color of future hydrogen supplies. In response, Wolfgang Büchele, who was Linde’s chief executive from 2014 to 2016, said, roughly, that the color of the gas – be it green, blue or gray – was not nearly as important as the speed at which a steady supply of hydrogen could become a reality.

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Hydrogen in National Energy and Climate Plans

Hydrogen in National Energy and Climate Plans

by | Jun 15, 2021 | worldwide

Opportunities from the inclusion of hydrogen in NECPs

© Trinomics/LBST
© Trinomics/LBST

Ambitious energy and climate policy requires a determined, holistic and coordinated approach and implementation. The National Energy and Climate Plans, NECPs, represent the key mechanism for reporting on future policy between European Union member states and the European Commission in a consistent way. They are used by the commission to monitor EU-wide progress in achieving the 2030 targets and to identify necessary actions. The latest reporting period considered a 10-year timespan between 2021 and 2030. The draft NECPs were submitted by EU countries at the end of 2018 whereas the final version was due by the end of 2019 after a detailed assessment by the commission. In the context of hydrogen all EU member states are encouraged to develop and implement their own strategies to enable hydrogen deployment taking the European framework and guidance into account.

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Fuel cell stocks on the move

Fuel cell stocks on the move

by | Oct 16, 2020 | worldwide

chart
© www.wallstreet-online.com

Every day, more and more encouraging stories are popping up on news tickers, saying that companies, cities, towns and entire unions of countries, such as the EU, want to step on the gas in terms of climate action, with hydrogen definitely playing a crucial role in their efforts. While people are still sparring over what production method we should focus on, I am sure green hydrogen will win out in the end. Though we may need some of that blue gas to get to green.

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