Plug Power is benefiting from the fact that a variety of analysts view the company to be a front-runner in an American hydrogen economy in 2023/24 and one that should be very well positioned to produce green hydrogen through the development of its own electrolyzer capacity in the longer term. In nine years’ time, a revenue of USD 9 billion may even be possible. Until then, a hydrogen price of USD 1 per kilogram should be achievable, according to Evercore analyst James West.
The debate about the future use of hydrogen is in full swing. At the moment, many different opinions are clashing; after all, the energy industry is also about re-sorting the balance of power. Sometimes, however, it is almost frightening to observe the fierce battles that are being fought, especially in the social media.
Almost exactly one month before the federal election, Federal Minister of Transport Andreas Scheuer gave the go-ahead for the establishment first of the office and then of the German Centre for Future Mobility (DZM) he is planning in Munich. The kick-off event for this took place on 23 August 2021 in the presence of the Bavarian Minister President Dr Markus Söder and Dieter Reiter, the Lord Mayor of the City of Munich.
After years of silence regarding Opel’s fuel cell activities, the German automobile manufacturer came back in mid-May 2021 with an H2 van Vivaro-e Hydrogen – and with it the French sister companies Peugeot and Citroën, both of which also belong to the parent company Stellantis. The major corporation designed its own “mid-power plug-in hydrogen fuel cell electric system” for the three brands, consisting of a 100-kW drive combined with a 45-kW fuel cell from the French manufacturer Symbio and a high-voltage power storage unit.
“Who cares if H2 production is inefficient? Free is still free!”
Mike Strizki is more than infatuated with hydrogen. He’s dedicated to it, saying he has a lifelong commitment to the most plentiful element on Earth – that it is essential to bringing about zero emissions. And allowing his eight grandchildren to live healthier and more productive lives.
Ballard Power Systems is a pioneer in the fuel cell industry. Since 1983, fuel cells have been developed in the company founded by Geoffrey Ballard in Burnaby near Vancouver. Randy MacEwen has been President & CEO of the Canadian fuel cell manufacturer since 2014. On October 23, 2019, the International Hydrogen Symposium brought him to Hamburg where H2-international seized the opportunity for an interview.
Considering the current fuel cell activities in China, it can be concluded with some certainty that over the course of years to come, the People’s Republic will not suddenly become a pioneer in the field of FC mobility. At the same time, however, in the area of research and development and on the governmental side, the country is now doing some initial groundwork with the use of renewable energy in the area of energy supply. Hydrogen and fuel cell technologies are playing an important role here.