Is development of a ‘hydrogen economy’ entering a critical phase? Analysts think so
The hydrogen economy has recently experienced some hiccups in its growth story. Apparently, demand for this commodity is not rising at the pace it was envisaged back in 2020 when companies had aggressively announced their energy transition plans. As more industries, such as steel, transportation, and power, try to decarbonise their operations, the demand for low-carbon hydrogen […]
Startups ‘accelerating innovations’ in hydrogen power solutions
The global hydrogen market is experiencing rapid growth, fueled by increasing demand for sustainable energy solutions, supportive government policies, and advancements in hydrogen technology. Startups in the sector are addressing critical challenges such as hydrogen production efficiency, storage, distribution, and application in industrial and mobility sectors, according to analysts GlobalData. GlobalData’s latest Startup Series Report, Hydrogen Revolution: Startups […]
Cutting-edge innovations ‘driving investment boom’ in green hydrogen
The clean energy landscape is gaining significant momentum in 2024, fuelled by substantial support from major economies and venture capitalists propelling the advancement of green hydrogen technology. Recent months have witnessed a pronounced uptick in interest and investment in this domain. At the forefront of this innovative wave is green hydrogen, a pioneering technology for […]
Bramble Energy opens new HQ and hydrogen innovation hub
Bramble Energy has opened the doors of a state-of-the-art headquarters in Crawley, West Sussex, includes a hydrogen innovation and development hub, as part of a multi-million-pound investment. Founded as a university spin-out, then developed in the garage of co-founder and CEO Dr Tom Mason, Bramble Energy has rapidly gained momentum with its revolutionary fuel cell […]
Low carbon hydrogen to ‘play defining role’ in energy transition
The hydrogen market has progressed rapidly in recent years due to its growing application in industries like the transport, industrial, energy, aerospace, defence, and construction sectors. Against this backdrop, low carbon hydrogen is gaining traction as a critical component to achieve energy transition and long-term decarbonisation goals, says a leading analyst. The global demand for […]
EU Hydrogen Bank could bring renewable hydrogen costs below 1 euro/kg
By Jake Stones, ICIS ICIS data shows that renewable hydrogen could be sold for below €1/kg if a producer obtains the maximum support provided by the European Hydrogen Bank, according to the heads of terms for the bank published by the European Commission on 31 March. The bank, which was announced in September 2022, aims […]
JCB to test ‘world’s first’ hydrogen-powered digger
The world’s first hydrogen-powered digger will soon be on UK roads and building sites following recent government approval, helping to decarbonise the UK’s construction industry. The UK government has given special dispensation, under a vehicle special order, that allows JCB to test and use its hydrogen-powered backhoe loader on UK roads. The vehicle special order […]
Transforming flaring gas to clean hydrogen
By Michael Stusch, CEO, H2 Industries Gas flaring is now recognized as a major contributor to the emission of harmful gases affecting climate change and society by creating increased incidences of cancer in communities close to flaring sites. Sadly, flaring has been around for more than 150 years since the advent of oil and gas […]
Hy24 closes €2 billion clean hydrogen fund
The Hy24 joint-venture between FiveT Hydrogen and Ardian has announced the closing of its first impact Fund at €2 billion of allocations, exceeding its initial ambitions. The JV claims to be the world’s first and largest infrastructure fund to invest exclusively in the entire clean hydrogen value chain. The Fund’s creation has been supported by […]
GreeNH3 secures UK government funding for hydrogen storage tech
The revolutionary GreeNH3 project has promised to transform the ammonia production process and usher in a new era of green hydrogen storage and distribution. Ammonia – produced using hydrogen and nitrogen – is critically important in the production of fertiliser and as a fuel or energy carrier for hydrogen. However, the world’s largest ammonia production […]