Hydrogen storage

Hydrogen Energy Storage Market to Reach $25.4 Bn, Globally, by 2027 at 6.5% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 13, 2021

b'PORTLAND, Ore., April 13, 2021 /PRNewswire/ -- Allied Market Research published a report, titled," Hydrogen Energy Storage Market by Product Type (Liquid, Solid, and Gas), Application (Stationary Power and Transportation), and End User (Industrial and Commercial): Opportunity Analysis and Industry Forecast, 20202027."

Key Points: 
  • b'PORTLAND, Ore., April 13, 2021 /PRNewswire/ -- Allied Market Research published a report, titled," Hydrogen Energy Storage Market by Product Type (Liquid, Solid, and Gas), Application (Stationary Power and Transportation), and End User (Industrial and Commercial): Opportunity Analysis and Industry Forecast, 20202027."
  • On the other hand, high capital cost is expected to curb the growth to some extent.
  • Huge demand from the transportation sector and low storage cost of compressed hydrogen propels the segment growth.
  • This is attributed to the increasing demand from the automotive and transport sectors.\nGet detailed COVID-19 impact analysis on the Hydrogen Energy Storage Market: https://www.alliedmarketresearch.com/request-for-customization/10943?req...\nBased on application, the transportation segment contributed to more than two-thirds of the global hydrogen energy storage market revenue in 2019, and is projected to rule the roost by 2027.

Hydrogen Energy Storage Market to Reach $25.4 Bn, Globally, by 2027 at 6.5% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 13, 2021

b'PORTLAND, Ore., April 13, 2021 /PRNewswire/ -- Allied Market Research published a report, titled," Hydrogen Energy Storage Market by Product Type (Liquid, Solid, and Gas), Application (Stationary Power and Transportation), and End User (Industrial and Commercial): Opportunity Analysis and Industry Forecast, 20202027."

Key Points: 
  • b'PORTLAND, Ore., April 13, 2021 /PRNewswire/ -- Allied Market Research published a report, titled," Hydrogen Energy Storage Market by Product Type (Liquid, Solid, and Gas), Application (Stationary Power and Transportation), and End User (Industrial and Commercial): Opportunity Analysis and Industry Forecast, 20202027."
  • On the other hand, high capital cost is expected to curb the growth to some extent.
  • Huge demand from the transportation sector and low storage cost of compressed hydrogen propels the segment growth.
  • This is attributed to the increasing demand from the automotive and transport sectors.\nGet detailed COVID-19 impact analysis on the Hydrogen Energy Storage Market: https://www.alliedmarketresearch.com/request-for-customization/10943?req...\nBased on application, the transportation segment contributed to more than two-thirds of the global hydrogen energy storage market revenue in 2019, and is projected to rule the roost by 2027.

MHI Invests in Starfire Energy, a Modular Green Ammonia Solution Provider, to Accelerate Efforts to Energy Transition

Retrieved on: 
Friday, April 9, 2021

The partnership will be used to advance the development of commercial scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier.

Key Points: 
  • The partnership will be used to advance the development of commercial scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier.
  • Ammonia is a promising solution with an energy density comparable to fossil fuels and significantly higher than Li-ion batteries, compressed or liquid hydrogen.
  • Starfire Energy's 'Rapid Ramp NH3' ammonia synthesis technology produces zero carbon ammonia using only renewable energy, air and water as inputs.
  • The modular solution is sized to connect directly with renewable energy production, providing a scalable, distributed source of zero carbon ammonia.

Global Hydrogen Electrolyzer (Alkaline, PEM & Solid Oxide) Market Insights & Forecast 2021-2025: Comparison of PEM and Alkaline Electrolysis Technologies & Opportunities for Electrolysis - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 8, 2021

The "Global Hydrogen Electrolyzer Market (Alkaline, PEM & Solid Oxide): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Hydrogen Electrolyzer Market (Alkaline, PEM & Solid Oxide): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.
  • The global hydrogen electrolyzer market is expected to reach US$406.6 million in 2024, growing at a CAGR of 6.57%, for the duration spanning 2021-2025.
  • However the market growth would be challenges by lack of potent hydrogen storage facility and health effects caused by hydrogen.
  • The global hydrogen electrolyzer market holds a lucrative future due to the rising demand for clean and green hydrogen.

Hydro-Québec to work on bringing to the commercialization stage hydrogen storage technology developed by the University of South Wales

Retrieved on: 
Friday, March 19, 2021

This technology allows for the hydrogen to be absorbed into the material at higher concentrations and densities thus increasing its capacity for hydrogen storage.

Key Points: 
  • This technology allows for the hydrogen to be absorbed into the material at higher concentrations and densities thus increasing its capacity for hydrogen storage.
  • Hydro-Qubec will work with the patents developed by USW over the next two years to bring them to the commercialization stage.
  • We are thus very excited to work with The University of South Wales to tackle one of these major challenges."
  • USW's Hydrogen Centre is a focal point for new Research, Development and Demonstration of hydrogen energy technology in Wales that provides a platform for the experimental development of renewable hydrogen production and novel hydrogen energy storage.

Hydro-Québec to work on bringing to the commercialization stage hydrogen storage technology developed by the University of South Wales

Retrieved on: 
Friday, March 19, 2021

This technology allows for the hydrogen to be absorbed into the material at higher concentrations and densities thus increasing its capacity for hydrogen storage.

Key Points: 
  • This technology allows for the hydrogen to be absorbed into the material at higher concentrations and densities thus increasing its capacity for hydrogen storage.
  • Hydro-Qubec will work with the patents developed by USW over the next two years to bring them to the commercialization stage.
  • We are thus very excited to work with The University of South Wales to tackle one of these major challenges."
  • The Centre is the focal point for a series of collaborative projects between the University of South Wales and other academic and industrial partners.

Plug Power Continues Executing on its Green Hydrogen Strategy with Purchase of Hydrogen Liquefaction System from Chart Industries

Retrieved on: 
Wednesday, March 17, 2021

This is in line with Plug Powers previously announced strategy to build the first-of-a-kind green hydrogen generation network in the United States.

Key Points: 
  • This is in line with Plug Powers previously announced strategy to build the first-of-a-kind green hydrogen generation network in the United States.
  • This order includes the supply of the hydrogen liquefaction system, liquid hydrogen storage tanks, and trailer loadout bays.
  • The liquefication system will utilize gaseous hydrogen from Plug Powers in-house electrolyzers and renewable electricity.
  • Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions.

Plug Power Continues Executing on its Green Hydrogen Strategy with Purchase of Hydrogen Liquefaction System from Chart Industries

Retrieved on: 
Wednesday, March 17, 2021

This is in line with Plug Powers previously announced strategy to build the first-of-a-kind green hydrogen generation network in the United States.

Key Points: 
  • This is in line with Plug Powers previously announced strategy to build the first-of-a-kind green hydrogen generation network in the United States.
  • This order includes the supply of the hydrogen liquefaction system, liquid hydrogen storage tanks, and trailer loadout bays.
  • Delivery is scheduled for the second quarter of 2022.The liquefication system will utilize gaseous hydrogen from Plug Powers in-house electrolyzers and renewable electricity.
  • We are pleased to continue our collaboration with CHART industries as we execute on our green hydrogen strategy with plans to produce 1,000 tons of green hydrogen globally by 2028, said Andy Marsh, CEO of Plug Power.

CBAK Energy Partners with a European Hydrogen Energy Giant to Promote Hydrogen Fuel Cell Development

Retrieved on: 
Monday, March 15, 2021

At the same time, both parties will be able to actively explore more opportunities to collaborate on high-quality projects going forward, including but not limited to such areas as hydrogen fuel cell production, hydrogen fuel cell stack, hydrogen transportation, hydrogen storage, hydrogen refueling stations, and more.

Key Points: 
  • At the same time, both parties will be able to actively explore more opportunities to collaborate on high-quality projects going forward, including but not limited to such areas as hydrogen fuel cell production, hydrogen fuel cell stack, hydrogen transportation, hydrogen storage, hydrogen refueling stations, and more.
  • Compared to diesel fuel, the advantages of hydrogen fuel cells include low noise, zero emissions, and high energy conversion rates.
  • According to an analysis by the China Hydrogen Energy and Fuel Cell Industry Alliance, hydrogen energy will become an increasingly important component of China's overall energy system.
  • According to research on China's hydrogen fuel cell industry by the Intelligence Research Group, the hydrogen fuel cell industry is still at the early stage of commercial operations.

dynaCERT Achieves Local and Global Milestones and is Part of Hydrogen Strategy Coalition

Retrieved on: 
Monday, March 15, 2021

The Ontario Government established a new Hydrogen Strategy Working Group to help inform the development of the hydrogen strategy for the Province of Ontario.

Key Points: 
  • The Ontario Government established a new Hydrogen Strategy Working Group to help inform the development of the hydrogen strategy for the Province of Ontario.
  • Members of the Hydrogen Strategy Working Group will also provide advice on how to use hydrogen across various sectors and help Ontario compete in the global hydrogen market.
  • The Ontario Government has invited 21 Ontario Hydrogen Economy participants to Hydrogen Strategy Working Group which consists of experts from industry and academia.
  • The Hydrogen Strategy Working Group of the Ontario Government is an important step in the process of developing a workable hydrogen strategy.