|Hydrogen Council seeks to help expand the use of hydrogen fuel cells
Several leading automotive, energy, and engineering firms have come together to established the “Hydrogen Council.” The council was announced alongside the World Economic Forum’s Davos Summit and aims to establish hydrogen fuel as a tool that can be used to ease the transition away from fossil-fuels toward cleaner forms of power. BMW, Shell, Total, and Toyota are among the companies that have involved themselves in the new Hydrogen Council.
Companies expected to accelerate their investments in the hydrogen space
The companies that are part of the Hydrogen Council have already invested an estimated $1.4 billion into hydrogen technologies. The founding members of the Hydrogen Council plan to accelerate investments in these technologies in the coming years in the hopes of helping hydrogen fuel cells play a larger role in several sectors. The Hydrogen Council will now seek to work with other businesses, investors, and even government organizations in order to help develop better fuel cell technology and aid in the establishment of a comprehensive hydrogen fuel infrastructure.
Hydrogen fuel cells continue to gain traction in the auto industry
Hydrogen fuel cells have been used in industrial sectors for several years, but these energy systems have begun seeing more use in the auto industry and other spaces as well. Automakers are interested in promoting the use of fuel cells because of their clean transportation capabilities. Most major automakers have launched vehicles equipped with fuel cells, but these vehicles lack the support of a decent fueling infrastructure. The Hydrogen Council will be urging world governments to invest in the development of this infrastructure in order to support clean transportation.
Hydrogen Council could help promote fuel cells
The Hydrogen Council may come to play a major role in the expansion of fuel cell technology. The companies that comprise the Hydrogen Council have already invested heavily in fuel cells and have been outspoken proponents of hydrogen in general. With the aid of the Hydrogen Council, fuel cells may become much more common in various industries, especially if the infrastructure needed to support their widespread use is established.
|I'll try and quiz someone I met last week who works at Suzuki - I mentioned HFCs and SMILE to him and he knew of it....|
|In Cozumel, Mexico. Shouldn't news on drones be landing soon?|
|Energy And Automotive Giants Draw Attention To Growing Hydrogen Market
Wed, 18th Jan 2017 15:04
LONDON (Alliance News) - A collection of some of the biggest players in the energy and automotive industries have launched a new Hydrogen Council at the World Economic Forum in Davos, Switzerland.
Royal Dutch Shell PLC and Anglo American PLC are the two London-listed representatives in the 13-strong council, joined by energy peers Air Liquide, Engie and Linde Group, and automotive and transport firms BMW Group, Hyundai, Honda, Toyota, Kawasaki, Daimler, and Alstom.
Hydrogen is attracting growing interest due to its ability to be a completely clean energy source to fuel vehicles or power industries and can be generated using renewable electricity or fossil fuels, producing zero carbon emissions when used.
Hydrogen can be stored and transported in liquid or gaseous form and can be combusted or used in fuel cells to generate heat and electricity.
Alongside the obvious benefit of reducing emissions, those characteristics could potentially help solve some key barriers to some industries, whilst opening up doors to others. The biggest challenge slowing the development in renewable energy, for example, is the inability to store it effectively on a large scale, but converting that energy into hydrogen offers a further possible solution to that problem.
Electric cars are another market expected to boom over the next five years, but hydrogen looks set to offer the market an alternative.
"Hydrogen is a versatile energy carrier with favourable characteristics since it does not release any CO2 at the point of use as a clean fuel or energy source, and can play an important role in the transition to a clean, low-carbon, energy system. Hydrogen technologies and products have significantly progressed over past years and are now being introduced to the market," said the Hydrogen Council.
"The council will work with, and provide recommendations to, a number of key stakeholders such as policy makers, business and hydrogen players, international agencies and civil society to achieve these goals," the council added.
The council will be comprised of the chief executives and/or chairman of all 13 companies, which combined are currently investing EUR1.40 billion each year into the hydrogen and fuel cell sectors.
Together, the council members generate annual revenue in the region of EUR1.07 trillion, employing about 1.7 million people globally.
The council is led by two co-chairs from different geographies and sectors, currently represented by Air Liquide and Toyota.
"The 2015 Paris Agreement to combat climate change is a significant step in the right direction but requires business action to be taken to make such a pledge a reality," said Benoit Potier, chief executive of Air Liquide.
"The Hydrogen Council brings together some of the world's leading industrial, automotive and energy companies with a clear ambition to explain why hydrogen emerges among the key solutions for the energy transition, in the mobility as well as in the power, industrial and residential sectors, and therefore requires the development of new strategies at a scale to support this," he added.
The council has called upon global governments to back the required infrastructure needed to support its vision for an "hydrogen ecosystem".
The council will collaborate with each other, the wider industry, other stakeholders, and "most importantly" the public to progress hydrogen technology.
"At Toyota, we have always tried to play a leading role in environmental and technological advances in the automotive industry, including through the introduction of fuel cell vehicles. Moreover, we know that in addition to transportation, hydrogen has the potential to support our transition to a low carbon society across multiple industries and the entire value chain," said Takeshi Uchiyamada, chairman of Toyota.
Shell has previously said it would adjust its focus in the longer term toward new energies such as biofuels and hydrogen alongside the more developed wind and solar power generation markets.
Anglo American seeks to benefit from hydrogen as platinum - one of its key commodities - is an important catalyst in fuel cells. The developments in electric cars has had a similar effect on miners of commodities such as lithium and graphite as they are important ingredients in the battery mix.
While the giants of industry draw widespread industry to the potential of hydrogen, there are numerous smaller companies listed in London building a business around hydrogen.
ITM Power PLC specialises in manufacturing integrated hydrogen energy systems and was the first UK-based fuel cell company to go public by listing on AIM in 2004, focusing on hydrogen refuelling stations that it hopes one day will replace current day petrol pumps and power-to-gas storage technology.
ITM signed a contract in November to supply hydrogen fuel to Anglo American in the UK, and has similar deals with a number of other transportation and logistics firms. Good Energy PLC, which only supplies 100% renewable energy, will enhance ITM Power's clean energy story by supplying power to all of ITM's refuelling stations.
AFC Energy PLC is developing hydrogen fuel cell technology and, through its EU-grant backed POWER-UP project, demonstrated the world's largest operational alkaline fuel cell system at Air Products' industrial gas plant in Stade, Germany. The company is currently trying to find scalable solutions for its technology to meet the needs of different sectors.
Intelligent Energy Holdings PLC is another developer of hydrogen fuel cell technology that has proven its system's ability in the aerospace, automotive, consumer electronics and distributed power & generation markets.
By Joshua Warner; [email protected]enews.com; @JoshAlliance
Copyright 2017 Alliance News Limited. All Rights Reserved.|
|It has gone very quiet on here. I wish I could offer something but I really don't know a lot. Great flurry of action 2 days ago, I thought maybe some news was leaked but nothing|
|Come on the bug; All is forgiven|
|The other thing to consider with Telco towers are possible fines for loss of service, etc.. I think that is one of the main drivers for TowerXchange.
Happy New Year! I've got 4 days next week then away for a week in Dubai.|
|Yes ... I know what you mean ... in theory, the key is getting hydrogen infrastructure in place where it's produced cheaply. In The West, hydrogen is a bi-product of some industrial processes but there's not much industry in Sub Saharan Africa.
I wonder what this means "e also have an order from Intelligent Energy who are handling
the energy assets on GTL’s sites." ... are E2 still running the GTL towers or have E2 given the contract for the running of the existing HFC powered cell towers to a sub contractor? If It makes business and kills loses, maybe even makes a few bob, great .. it's less cash burn ... the more I think aout it, the more I like the idea of the drones and the embedded fuel cells in PEDs .... repeating the analogy of the cost of the ink sold in ink cartridges ..... either people would buy cartridges of hydrogen and have them refilled or refill them themselves ... but can imagine hydrogen being sold at a huge profit ... if one cartridge refills a phone 10 times and each refill lasts a week (as I mentioned before, Turing Phone are touting their next phone, the Cadenza will have a hydrogen power factor .... I wonder if that is who IEH are working with) so I suppose the "cartridge guy" near Port Canaveral (I'll be there in a few weeks!) is responsible for taking the BIC patents and know-how and creating a system IEH can flog to anyone ... "embed out mini HFCs and sell our cartridges with your brand name on if you want" ... I liked the stat about 50% of the cars on the EUs roads being small ones with small motors putting out only 25% of the gases they want to cut down ..... I think Suzuki / SMILE FC Corp are primed for making HFCs for that market .. like the little Subaru and Daihatsu / Bedford vans ... the congestion charge in London and doubling of the size of the "Clean Air Zone" will make a lot of people commuting into central London think twice about continuing to run big cars. Happy New Year everyone!|
|Thanks for the posts Dean - although a few are a bit out of date now...
Interesting that 1686 mentions 'consolidation'... which IEH could be on the receiving end of.
ref. News - well no good news and no bad news - at least they're consistent!! Some news at some point would be good. I know what you mean about some companies who churn out RNSes when someone sneezes, but something, anything would be welcome! Just hoping that the team in place manage to broker a few deals. In theory it's relatively simple, generate some more Sales, extend the date at which they're due to run out of capital and hopefully use that extra time to get more Sales... but based on past performance this doesn't look like it will happen any time soon.. :( Just hope the changes made this year have a positive impact on next year.|
|and this HTTP://www.intelligent-energy.com/uploads/accompanying_files/2015.07.03_Barclays_Future_Powertrain__speaker_notes.pdf
"But if you look from behind the factory gates of large
commercial global companies, as Intelligent Energy does
because we work (through licensing) behind the factory
gates of the large OEMs, then you see 10s of billions of £ of
industrial capital going into FC 2.0 now
And that’s a great place to be if, as Intelligent Energy does, if
you have a much more power dense FC technology, the FC
|"The electricity grid in Thailand is very good –
blackouts are rare, although fairly regular flash
brownouts do occur. For nearly all sites, basic
battery backup is more than enough.
The problem does not lie with electricity provision
but with cost. Power is extremely expensive in
Thailand and is about to get more expensive.
Therefore renewable power solutions are definitely
of interest, such as solar, wind, hydrogen fuel cells
I've noticed zero coverage of the "collapse" of the GTL deal .... this strikes me as really weird ... nothing in the Indian financial press ... nothing anywhere except an RNS. Any thoughts?|
|Hello ibug ..... and the same to you pal .... a lot of people criticise for not releasing hopeful RNS all the time but I think they're being responsible on the whole ... whilst there are loads of applications for HFCs which will take time to make business sense and depend on cheaper ways of producing Hydrogen to come on stream, there are some applications, as you said about the cartridges and drones where HFCs are the way forward ... for now ... I see the most exciting part of this as the need to replace tired HFCs in drones and the cartridges. It has long been known companies like Lexmark produced dirt cheap printers and made their money on the overpriced ink cartridges. I see IEH doing very nicely out of hydrogen cartridges. The drone HFCs will last, on a drone that is used a lot, about 3 months so the mini HFCs will also be consumables though, and this is the good thing about hydrogen, as far as I know, really clean hydrogen wears out the HFCs much slower and hydrogen, being lighter than air delivers the benefit that the hydrogen acts a bit helium meaning the drone is less prone to the effects of gravity .... even if other people produce drones using IEH patents, IEH will do nicely out of it .... IEH could get drone manufacturers to make drones to IEH's spec ready for IEH to fit the HFCs and other gear meaning IEH could soon be in the drone sale or lease business with clients ordering 200 drones with 50 of them being serviced constantly and 150 in pretty constant use ... I still think the H2 India deal may still have legs .... any mobile phone network operator in India that promises more "up time" of their cells may well be able to charge a small premium to subscribers to cover the cost of powering the masts with HFCs instead of diesel. To me it still makes sense and the whole deal would be back on track if the subscribers charged as little as 1 rupee extra mer minute of air time or per minute of talk .... we'll see ... the alternative is constantly buying more diesel, more generators, servicing generators, dealing with diesel being stolen and so on ... the fundamentals that underpinned the whole idea in the first place should still be compelling .... even a small government subsidy or a tax on CO2 would get the whole deal back on track .... I know it seems bad news to kill off the main cell tower deal in India but there are other parts of the world where cell towers powered by HFCs may be profitable and that the company are now stopping anything that loses money bodes well for the future ... but the drones ... the laws of physics dictate that battery powered drones are already history for some applications ..... the uses for them are almost infinite.
I'll be quiet for a while as my access to the internet will be a bit throttled whilst I'm on a cruise ship for 5 weeks from January 4th so don't think I've sold up and gone away.|
|Their FC technology is their most marketable asset|
|Some hydrogen stuff is pie in the sky ... for now ... but the drone stuff is interesting .... hydrogen, being lighter than air and useful as a fuel is a compelling candidate for drone fuel ....and, most importantly, the hydrogen can be sold in cartridges at a massive profit ... how much is the ink in ink cartridges worth? .... it's a similar thing ... it doesn't matter if the hydrogen in the cartridges is worth pennies ... it's what the combination of the value of what the cartridge, the hydrogen and the fuel cells deliver to the drones that is so compelling ..... let's hope IEH have enough of a tech advantage to be able to charge a premium for it .... of that a load of IEH's patents are used by everyone making their own hydrogen drone systems .. we'll see ... it seems illogical to me that all IEH's R&D is going to ultimately achieve NOTHING ... so news should be in the offing .... particularly around the projects that justified the hiring of the cartridge specialist .... unless it's a hush hush project ....|
|Great post, I think ieh has the potential but think a load of scientists running a company has proved the bios ness model does not really work. I hope the restructuring has brought a new sense of direction to the company but only time will tell.|
|Nice stuff from Norbus ... I've been pondering some of the recruitment recently ... when IEH is cutting costs, hiring a cartridge specialist in the US? ... you don't do that unless you have something that needs refuelling ... that you're either manufacturing or licensing ... like Norbus, I find the conservative nature of the way IEH handles RNS encouraging since some companies are releasing meaningless RNS all the time which people use to justify ramping on BBs all over the internet .... een the famous "going concern" RNS from Winand regarding the GTL and E2 deal was pessimistic ... I think it was Filster who said that Martin Bloom had said there was all sorts in the pipeline which just needed contracts signing. I had hoped there'd be news pre Christmas as "Santa Rallies" are often the result of people getting stuff finalised before Christmas .... so, if we don't get news now, maybe it'll come early next year .. maybe some deals need to fester over Christmas and if no obstacles become clear by mid January, the deal can go ahead ....
I don't think the drones will send this company into the FTSE 100 but I reckon the profit can be fabulous and it can produce a nice income stream .... which will step up a gear once it becomes affordable for drones at the consumer market .... Japan is going heavily into hydrogen (because of Fukishima) and because of the melting of the ice north of Russia and Russia's investment in nuclear ice-breakers, it becomes quite plausible for liquidised or pressurised hydrogen produced from renewable resources anywhere in the world ... but particularly Norway, to be stuffed into tankers (LNG tankers should be up to spec) and sailed to Japan. At the moment Norway can only sell surplus electric to place it can reach by cable. Making hydrogen out of surplus hydro electricity means their surplus energy can be transported in a ship and sold.
We need to get used to the idea which is growing in popularity that hydrogen may be the most environmentally friendly and safest way of storing surplus electricity .... rather than letting it go o waste when there is insufficient demand for the electricity being created by wind, solar etc..
I also wouldn't underestimate the power of the Green political parties and lobbies to use social media in the next election to damn parties that have no plan for improving air quality. I reckon it'll become ever m,ore difficult for the established media and opinion polls to affect the outcome or elections.
I remember when the Green movement started .... their first MP in Germany and MEP .... now MPs like Caroline Lucas are seen as talking a lot of sense .... especially in an island like the UK ... which has the same density of population as Bangladesh ... half of Germany's .....
If I'm not here before Christmas, have a good one everybody and thank you all for your contributions to this BB ... between us, we'll hopefully get closer to the truth ... as I keep saying, lots of respected sources say hydrogen use and production are set to grow ... it's a growth sector ... and I think I'll live long enough for my IEH shares to bear fruit ... if I was a day trader, I'd look elsewhere .... at current prices, I will be topping up pretty soon I reckon (as soon as my last client pays me and I can get the dosh into the UK) .... have fun all!|