Electrolysis

EQS-News: H2APEX: EU commission approves grant for 100 MW H2ERO hydrogen project as part of Hy2Infra-IPCEI funding

Retrieved on: 
Friday, February 16, 2024

Hy2Infra comprises 33 projects from 32 companies from seven Member States, for which the participating Member States will provide public funding of up to EUR 6.9 billion.

Key Points: 
  • Hy2Infra comprises 33 projects from 32 companies from seven Member States, for which the participating Member States will provide public funding of up to EUR 6.9 billion.
  • Among the Hy2Infra projects to be funded is the large-scale 100 MW project H2ERO by H2APEX, for which a subsidiary of H2APEX has applied for funding of approximately EUR 167 million.
  • According to current plans, the hydrogen plant will have an annual production capacity of 7,000 to 8,000 tons of green hydrogen.
  • The funding of H2ERO is a confirmation of three years of successful work on this project and reflects the leading position of H2APEX in the realization of hydrogen plants in Germany.

Carbon intensity regulation to make or break global low-carbon hydrogen market

Retrieved on: 
Thursday, February 15, 2024

However, the variability of renewables means that multiple electrolytic hydrogen projects are planning grid connection to maximise the utilisation of electrolysers and lower hydrogen unit costs.

Key Points: 
  • However, the variability of renewables means that multiple electrolytic hydrogen projects are planning grid connection to maximise the utilisation of electrolysers and lower hydrogen unit costs.
  • However, if the availability of renewable power is limited, there is a high risk that green hydrogen projects will need to connect to grids with very high carbon intensity, stated the report.
  • However, capturing more than 60% of the carbon dioxide from hydrogen production is costly and has yet to be proven at scale.
  • Green hydrogen with 20% grid supply and blue hydrogen with 60% capture do not make the cut in the EU or Japan.

Spain Compact Construction Equipment Market Outlook 2023-2029: Increased Investments in Green Energy Projects Across the Country to Propel the Sales of Compact Construction Equipment

Retrieved on: 
Wednesday, February 14, 2024

Application of compact construction equipment in the material handling segment accounted for the largest share in 2022.

Key Points: 
  • Application of compact construction equipment in the material handling segment accounted for the largest share in 2022.
  • Rising investment in housing, warehouse expansion, and public infrastructure projects is expected to drive the demand for compact excavators in the Spain compact construction equipment market.
  • Approvals for new office construction projects in Spain have increased significantly in 2023.
  • The construction companies must meet higher sustainability and energy efficiency standards at each stage of the project's lifecycle.

Norsk Hydro: Shifting gear to capture opportunities in a new reality

Retrieved on: 
Wednesday, February 14, 2024

Hydro is determined to pioneer the green aluminium transition, powered by renewable energy.

Key Points: 
  • Hydro is determined to pioneer the green aluminium transition, powered by renewable energy.
  • The green transition is progressing with full force and aluminium demand from sectors supporting it remains robust.
  • Reflecting the current volatile market environment, and a year with high growth and return-seeking investments, the ARoaCE for 2023 was 7.1 percent.
  • Hydro has delivered strong relative shareholder return since 2020 and the company is uniquely positioned to continue generating value in this new reality.

Rimere Receives $10 Million Strategic Investment from Clean Energy

Retrieved on: 
Tuesday, February 13, 2024

Rimere, a climate solutions company with proprietary plasma technology, announced the closing of a $10 million strategic investment from Clean Energy Fuels Corp. (NASDAQ: CLNE ).

Key Points: 
  • Rimere, a climate solutions company with proprietary plasma technology, announced the closing of a $10 million strategic investment from Clean Energy Fuels Corp. (NASDAQ: CLNE ).
  • The Reformer uses proprietary sequential hybrid plasma technology to transform natural gas into clean hydrogen and high-quality graphene, without creating any CO2 emissions.
  • This investment by Clean Energy enables us to accelerate development of these proprietary technologies that could have an immediate impact on the world’s effort to address climate change,” said Mitchell Pratt, CEO of Rimere.
  • Rimere is currently an equity method investee of Clean Energy and has raised $18.25 million of committed capital to date since its formation in 2020.

NewHydrogen CEO Steve Hill Explores Cutting-Edge Green Hydrogen Production with Solid Oxide Fuel Cells Expert

Retrieved on: 
Tuesday, February 13, 2024

SANTA CLARITA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of ThermoLoop™, a breakthrough technology that uses water and heat rather than electricity to produce the world’s cheapest green hydrogen, today announced a podcast featuring CEO Steve Hill and Dr. Kevin Huang, Professor of Mechanical Engineering at the University of South Carolina, discussing advancements in green hydrogen production.

Key Points: 
  • In the conversation, Dr. Huang highlighted key methods for green hydrogen production, including alkaline and PEM electrolysis, solid-state oxide electrolysis, and solar thermal chemical processes.
  • He emphasized solid oxide's potential efficiency, stating, "Solid oxide, though less mature, has the highest potential due to its theoretical 100% efficiency."
  • The conversation concluded with optimism about the future of green hydrogen production technology and its role in transitioning to a sustainable hydrogen economy.
  • Dr. Huang currently serves as a professor and SmartState Endowed Chair and Director of the Center for Solid Oxide Fuel Cells at University of South Carolina.

EQS-News: thyssenkrupp nucera: Off to a Strong Start in the New Fiscal Year

Retrieved on: 
Tuesday, February 13, 2024

Dortmund, February 13, 2024 – thyssenkrupp nucera has made a strong start to the new 2023/2024 financial year, seizing opportunities in the dynamically developing market for green hydrogen.

Key Points: 
  • Dortmund, February 13, 2024 – thyssenkrupp nucera has made a strong start to the new 2023/2024 financial year, seizing opportunities in the dynamically developing market for green hydrogen.
  • thyssenkrupp nucera increased its order intake in the first quarter by 8.8% to EUR 175.5 million (prior-year quarter: EUR 161.2 million).
  • More than half of the new orders (EUR 109.1 million) were attributable to the AWE segment (prior-year quarter: EUR 81.4 million).
  • Earnings per share attributable to the shareholders of thyssenkrupp nucera fell accordingly to EUR 0.02 (prior-year quarter: EUR 0.08).

The Global Hydrogen Market (Production, Storage,Transport and Utilization) 2024-2035 - ResearchAndMarkets.com

Retrieved on: 
Monday, February 12, 2024

The "Global Hydrogen Market (Production, Storage,Transport and Utilization) 2024-2035" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Hydrogen Market (Production, Storage,Transport and Utilization) 2024-2035" report has been added to ResearchAndMarkets.com's offering.
  • Demand for hydrogen and its derivatives is increasing, buoyed by sustainability initiatives and government funding.
  • This extensive report examines the emerging global hydrogen market, providing 11-year projections across production, infrastructure, storage, distribution and end-use applications.
  • It assesses mainstream hydrogen varieties produced from renewable electricity, fossil fuels, and biomass etc.

Electrolyzer Market Skyrockets from $4.7B to $42.4B by 2034, Fueled by Green Hydrogen Revolution | Future Market Insights, Inc.

Retrieved on: 
Thursday, February 8, 2024

NEWARK, Del., Feb. 8, 2024 /PRNewswire/ -- The global electrolyzer market is expected to grow from US$ 4.7 billion in 2024 to US$ 42.4 billion by 2034, with a CAGR of 24.6%. The emphasis on green hydrogen drives this growth as governments and industries invest in electrolysis technology to reduce carbon emissions and promote renewable energy.

Key Points: 
  • The emphasis on green hydrogen drives this growth as governments and industries invest in electrolysis technology to reduce carbon emissions and promote renewable energy.
  • The prevailing trend involves scaling up the deployment of electrolyzers, emphasizing their pivotal role in producing clean hydrogen.
  • "The electrolyzer market is expected to grow due to innovative power solutions technologies and clean hydrogen production techniques.
  • However, rising electricity costs and the consumption of economic alternatives to hydrogen fuel cells may limit market growth."

Electrolyzer Market Skyrockets from $4.7B to $42.4B by 2034, Fueled by Green Hydrogen Revolution | Future Market Insights, Inc.

Retrieved on: 
Thursday, February 8, 2024

NEWARK, Del., Feb. 8, 2024 /PRNewswire/ -- The global electrolyzer market is expected to grow from US$ 4.7 billion in 2024 to US$ 42.4 billion by 2034, with a CAGR of 24.6%. The emphasis on green hydrogen drives this growth as governments and industries invest in electrolysis technology to reduce carbon emissions and promote renewable energy.

Key Points: 
  • The emphasis on green hydrogen drives this growth as governments and industries invest in electrolysis technology to reduce carbon emissions and promote renewable energy.
  • The prevailing trend involves scaling up the deployment of electrolyzers, emphasizing their pivotal role in producing clean hydrogen.
  • "The electrolyzer market is expected to grow due to innovative power solutions technologies and clean hydrogen production techniques.
  • However, rising electricity costs and the consumption of economic alternatives to hydrogen fuel cells may limit market growth."