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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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| Hydro Intl | LSE:HYD | London | Ordinary Share | GB0004499488 | ORD 5P |
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| 0.00 | 0.00% | 194.00 | 0.00 | 00:00:00 |
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| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
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| - | O | 0 | 194.00 | GBX |
Hydro Intl (HYD) Share Charts1 Year Hydro Intl Chart |
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1 Month Hydro Intl Chart |
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| Date | Time | Title | Posts |
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| 02/12/2024 | 04:03 | THE HYDROGEN ECONOMY | 2,549 |
| 23/7/2019 | 21:53 | Hydro - Environmental legislation = 'massive' market growth potential | 2,745 |
| 29/8/2012 | 07:00 | Hydrodec - multi-billion $ market for transformer oil | 2 |
| 13/2/2012 | 15:10 | Profits Double & Turnover up 16% | 8 |
| 06/12/2001 | 11:56 | HYD and the oil industry ? | 20 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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Posted at 29/7/2024 14:48 by zeppo Skinny, as you are aware I sold completely out of five Hydrogen companies disappointed by lack of real interest after Cop26, 2021.Share prices were still affected by Covid and I moved into good dividend payers, many of them quarterly payers. Although I came out of Hydrogen at a loss I was buying the income stocks at lower, post Covid prices. My only non-dividend share now is AUK. AUK may take a while to move out of its penny share status. I believe this is a classic for taking out your stake after the (currently less than 2p) price doubles and holding your gained shares for the ride. Internet searches show that the Smart Buildings Market is set to be huge. RNS on 17th. Philip J Milton & Co appear to have enough confidence to raise their stake: From 6.5% to 7.02% Currently very few transactions. But as AUK becomes better known the share price will take off. |
Posted at 14/7/2023 14:32 by zingaro Copied from the free Carbon Brief, which summarisers a very interesting article in hydrogen gas reserves in the earth’s crust:Ambrose Evans-Pritchard, The Daily Telegraph The Daily Telegraph’s world economy editor Ambrose Evans-Pritchard argues that the world is on the precipice of a “white” hydrogen revolution. He says: “We are suddenly waking up to the very real possibility that vast reserves of natural hydrogen lie under our feet and can plausibly be extracted at costs that blow away the competition, ultimately undercutting methane on pure price.” |
Posted at 01/6/2023 16:34 by hedgehog 100 Following on from PNPL's proposed hydrogen RTO just over a month ago, NZI has today also announced a proposed hydrogen RTO:-01/06/2023 07:51 PR Newswire (US) Net Zero Infrastructure Plc - Possible Acquisition and Suspension of Listing LSE:NZI Net Zero Infrastructure Plc "The Directors of the Company are pleased to inform shareholders that it has signed a non-binding letter of intent ("LOI") to acquire the entire issued share capital of LINE Hydrogen (Australia) Pty Ltd, a limited liability company in the renewables energy sector incorporated in Australia (the "Potential Target") in consideration for an issue of new shares in the Company (the "Acquisition"). The Acquisition, if completed, and an associated proposed private fundraise by the Company, details of which will be announced in due course, would result in the shareholders of the Potential Target having a majority interest in the enlarged group. ... NZI's Chairman, Mike Elwood said: "Joining forces with LINE Hydrogen means we can leverage our joint resources with a view to expanding operations and driving the development of the green energy sector. Together, we believe that we are well-positioned to capitalize on the growth potential in this market and contribute to a more sustainable future." Brendan James, Founder and Executive Chairman of LINE Hydrogen, added: "We are thrilled to announce our proposed transaction with NZI," said Brendan James, Founder and Executive Chairman of LINE Hydrogen. "The planned merger reflects our shared vision of advancing the hydrogen economy and accelerating the adoption of clean energy solutions. We believe that, by combining our strengths and expertise, we can create significant value for our shareholders and make a positive impact on the global energy landscape." ... About LINE Hydrogen (Australia) Pty Ltd LINE Hydrogen (Australia) Pty Ltd is an Australian-based hydrogen production company. The company specializes in the production, distribution and storage of hydrogen for various applications, offering innovative solutions that contribute towards a sustainable and decarbonized future. ..." "Green Hydrogen Production Now" "LINE Hydrogen will deliver early market, commercial scale green hydrogen for diesel replacement in Australia." NZI has been suspended today at a price of 1.35p, market cap. £819,450 (60.7M. shares in issue). That's significantly higher than ARA's current market cap. of £603,750 at 5.75p, although ARA has significantly more cash than NZI. |
Posted at 03/5/2023 17:47 by hedgehog 100 24/04/2023 08:00 UK Regulatory (RNS & others) Pineapple Power Corporation PLC Proposed RTO of Element 2 Limited LSE:PNPL Pineapple Power Corporation Plc"Heads of Terms signed Proposed Reverse Takeover of Element-2 Limited Suspension of Listing The Company is pleased to announce that as of 21 April 2023 it has entered into a non-binding heads of terms with Element 2 Limited ("E-2" or "Element 2"), based in Yorkshire in the United Kingdom, to acquire 100% of the outstanding shares in E-2 in an all-share transaction, subject to legal, financial and other due diligence and entry into a legally binding sale and purchase agreement (the "Proposed Acquisition"). As no binding agreement has yet been reached, the Company cannot guarantee that the Proposed Acquisition will complete. About Element 2 Element 2 is the UK's leading hydrogen refuelling business. The company works closely with vehicle manufacturers, transport operators and fleet owners to identify and develop hydrogen refuelling sites and provide a regular supply of fuel cell grade hydrogen. ... The Proposed Acquisition Following recent discussions, on 21 April, 2023 Pineapple Power entered into non-binding heads of terms with E-2 for the acquisition of 100% of the issued share capital of Element 2 for a consideration of GBP120 million, to be satisfied by the allotment and issue of new ordinary shares in Pineapple Power to the shareholders of E-2. It is envisaged that, in conjunction with the Proposed Acquisition, there will be an equity financing to fund future investment and working capital requirements of Element 2. ..." |
Posted at 26/10/2022 18:43 by tenapen Hydrogen Europe is proud to share the publication of the 2022 edition of its Clean Hydrogen Monitor.Clean hydrogen is set to play a critical role in mitigating global warming and its effects on human societies and ecosystems. While hydrogen has been used in industry in large volumes for decades, the clean hydrogen market is only emerging. Cont... |
Posted at 30/8/2022 09:13 by tenapen Dear all,I think it’s time to introduce myself to those who still think my only full time job is to be the host of weekly hydrogen webinars. I am David Wenger, and I have been in the hydrogen industry for 18 years. My job as the founder and CEO of Mission Hydrogen is just a part-time job. My daily business is technology development, because I strongly believe that we need to decarbonize urgently to mitigate climate change. To have efficient, reliable and cheap technology is the key to everything. No policy in the world will ever change anything if the technology is not available. That’s what I believe, and that’s why I do what I do. We mainly develop hydrogen technology, but also other stuff such as battery cooling, heat pumps, energy efficiency engineering etc. We could put a “Wenger inside” sticker on many famous hydrogen projects, but since we usually operate in the background we’re not allowed to do it. Currently, my engineering company is involved in three train refueling station projects, several large power-to-gas projects, truck and bus refueling station projects, electrolyzer development projects, a compressor development project, a large hydrogen research center, a compressor test center – just to name a few. In the last 12 months, I have purchased seven electrolyzers (3x alkaline, 4x PEM), six compressors, one stationary fuel cell, one hydrogen CHP system, five low pressure hydrogen storage tanks, four high pressure hydrogen storage containers, three trailer filling stations, one refueling station and lots of other stuff for our customers – and one fuel cell vehicle (a Toyota Mirai) for my company. I have almost 40,000 followers on LinkedIn and some 75,000 readers of my weekly emails (such as this one here). Our last five webinars had an average of 2,039 live attendees. That’s why I am sometimes called an “expert” Believe me: I keep on learning every day. The last 12 months have taught me a lot on hydrogen and the energy transition. Tomorrow, I will not only be your host, but also your speaker in the weekly webinar. I will share some things that I have learned recently and that you should know as well. You might know some of it already (I don’t claim to be the first person to know everything), but I hope you will profit a lot. Topics include: Why (most) hydrogen studies are useless for your hydrogen projects today The most critical element of the hydrogen industry We must stop bluewashing 50 shades of green (hydrogen) China is leading Hydrogen is not Champagne. Hydrogen is bread. The largest PV project in Europe in an unusual location (if you make it there, you’ll make it anywhere…) Don’t trust electrolyzer datasheets The real cost of green hydrogen in 2022 Batteries vs. hydrogen for energy storage You can ask me anything in the Q&A session. I will share my knowledge with you. Free of charge. www.mission-hydrogen Please follow me on LinkedIn: www.linkedin.com/in/ And please share this email with your friends and colleagues who need to know more about hydrogen. See you tomorrow David PS: Please register here: www.mission-hydrogen |
Posted at 22/1/2022 09:26 by skinny Some interesting comments - make of it what you will :-. ‘We have now achieved a price crossover’ Dr. Graham Cooley, CEO of ITM Power, also told H2 View today (Jan 21) that green hydrogen’s cost parity provides a unique opportunity to kickstart green hydrogen revolution, “The energy crisis in Europe has shone an important light on green hydrogen. The feedstock for green hydrogen is renewable power, which continues to reduce in price. “The feedstock for grey and blue hydrogen, however, is natural gas, which has significantly increased in price. We have now achieved a price crossover, and green hydrogen is currently the lowest-cost form of hydrogen in many parts of the world. “But green hydrogen gives you more than just low-cost net zero energy gas. It also provides energy storage, fuel security and, when coupled with a long-term PPA, a solid price that eliminates fuel price volatility associated with fossil fuels. “All of this leads policymakers to revisit green hydrogen on the basis of low-cost, low-price volatility, energy storage capability, and fuel security.” |
Posted at 30/9/2020 05:35 by waldron The Hydrogen Boom Is On Track To Hit $11 TrillionBy Alex Kimani - Sep 29, 2020, 7:00 PM CDT Join Our Community It's official: The big hydrogen techlash is now history. For decades, there was an undeniable and growing animus towards anything hydrogen by the investing universe, with the technology relegated to niche corners of the market, such as material handling and emergency power backup. Hydrogen technology was considered too costly and impractical, with Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk famously dismissing hydrogen fuel cells as 'fool cells' and 'mind-bogglingly stupid.' But the tide has gone full circle, and suddenly Wall Street can't stop gushing about the enormous potential of the plentiful, versatile gas to cut emissions from many hard to decarbonize sectors. Bank of America is the latest analyst to chime in with a bullish note. According to the giant investment bank, hydrogen could supply our vast energy needs, fuel our cars, heat our homes, and also help to fight climate change. BAC says we have reached the tipping point of harnessing this element effectively and economically and predicts the hydrogen marketplace to reach a staggering $11 trillion by 2050. BAC has likened hydrogen to smartphones pre-2007 and has advised investors to double-down before it goes fully mainstream. Hydrogen fuel cell propulsion system BAC is hardly alone in this adulation. Morgan Stanley has upgraded Plug Power Inc. (NASDAQ:PLUG) from Equal Weight to Overweight with a $14 price target after the leading fuel cell maker impressed during its investor day presentation. Morgan Stanley's Stephen Byrd believes green hydrogen will become economically viable quicker than investors appreciate saying Plug Power's deal with Apex Clean Energy to develop a green hydrogen network using wind power offers a chance to tap into "very low cost" renewable power and helps accelerate the shift to clean energy. Plug has a goal for over 50% of its hydrogen supplies to be generated from renewable resources by 2024. PlugPower is no longer content to be viewed merely as a maker of fuel cells for forklifts. The company has announced a partnership with Universal Hydrogen to build a commercially-viable hydrogen fuel cell-based propulsion system designed to power commercial regional aircraft. The initiative will help bring Plug's proven hydrogen ProGen fuel cell technology to new markets. "Through this partnership, we are taking our first steps toward establishing a complete ecosystem for the aviation market, from powertrain to hydrogen solutions, ultimately enabling a global transportation system powered by green hydrogen," says CEO Andy Marsh. Plug shares have jumped 13.3% after the latest bullish notes and are now sitting on a 317.4% gain in the year-to-date. The cost conundrum Over the years, the hydrogen economy has endured many false dawns, mainly due to technical and, mostly, cost issues. This has led to a situation whereby wind and solar energy are now competitive with traditional fossil fuels in electricity generation, whereas hydrogen remains considerably more expensive. Related: Nigerian Government: Oil Could Become Worthless For instance, fueling a hydrogen fuel cell vehicle (FCEV) in California costs around $16.50 per kilogram compared to $3.232 per gallon of regular petrol in the same state. Light-duty FCEVs are typically 2.5x more fuel-efficient than comparable gasoline-powered vehicles, which means that achieving price parity with gasoline would require that 1 kilogram of hydrogen sells for not more than $8.08. In other words, hydrogen costs need to fall by 50% to become competitive with fossil fuels. Luckily, there's hope on the horizon. According to a recent report by the Hydrogen Council, "...scaling fuel cell production from 10,000 to 200,000 units can reduce unit costs by as much as 45%, irrespective of any major technological breakthroughs, and can impact multiple end-use cases. Scaling up to 70 GW of electrolysis will lead to electrolyser costs of less than $400 per kW." This already appears to be happening in California: FirstElement Fuel has reported selling hydrogen for $12 per kilogram plus tax for a total $13.11 per kilogram and expects prices to continue coming down as hydrogen production cost falls. Currently, California has a network of 43 open retail hydrogen refueling stations, capable of dispensing more than 11,800 kilograms of hydrogen each day. That is enough to support nearly 17,000 light-duty FCEVs or more than double California's fleet of 7,000 FCEVs ( 5,000 FCEVs in 2018). Green steel The hydrogen ecosystem has been expanding and has lately added a new application to its portfolio: Using hydrogen to manufacture green steel. Back in April, Swedish steelmaker Ovako successfully used hydrogen instead of LNG in trial runs at its Hofors steel mill, managing to demonstrate that H2 had no effect on the quality of steel. This marked the first time that hydrogen had been used in commercial scale during steel manufacture. Given that steel production accounts for ~7% of global carbon emissions, steel made from renewable energy is expected to become a multi-billion industry as countries move to decarbonize. The Anti-Tesla Not everybody is convinced about the hydrogen hype, though. Barron's Bill Apton says Wall Street has discovered hydrogen this year and that hydrogen stocks are a bubble. Apton says the huge runup by Plug Power, Ballard Energy, and Bloom Energy has left them trading at more than 50x future cash flow, making it hard for them to grow into their steep valuations. He notes that smaller hydrogen companies are up against big players and deep-pocketed manufacturers, including government-backed rivals in China and the likes of Cummins. According to Apton, it could take a decade or more before environmentally-frie Famous Wall Street short seller Andrew Left of Citron Research has been even more blunt, labeling PlugPower an anti-Tesla: "$PLUG back to $7 as it is the Anti- Tesla. Why even look to short $TSLA when $PLUG is twice as expensive with a never profitable business," tweeted the firm. Citron has been negative on PLUG dating back to 2014. Wall Street remains overwhelmingly bullish, with 8 out of 10 Wall Street firms covering the stock giving it the nod. By Alex Kimani for Oilprice.com |
Posted at 09/7/2020 10:37 by grupo guitarlumber EU sets out hydrogen strategy to bolster green recovery— filed under: Environment, Headline, Energy EU sets out hydrogen strategy to bolster green recovery Hydrogen statio - Image Bexim (BRUSSELS) - The European Commission unveiled new EU strategies for energy system integration and hydrogen Wednesday, saying they will pave the way towards a more efficient and interconnected energy sector. With Europe's energy system accounting for 75% of EU greenhouse gas emissions, the EU executive says the two strategies present a new clean energy investment agenda to help it reach its goal of becoming climate-neutral by 2050. "With 75% of the EU's greenhouse gas emissions coming from energy, we need a paradigm shift to reach our 2030 and 2050 targets," said Commissioner for Energy Kadri Simson: "the EU's energy system has to become better integrated, more flexible and able to accommodate the cleanest and most cost-effective solutions. Hydrogen will play a key role in this, as falling renewable energy prices and continuous innovation make it a viable solution for a climate-neutral economy." The planned investments have the potential to stimulate the economic recovery from the coronavirus crisis,the Commission says. They will create European jobs and boost our leadership and competitiveness in strategic industries. Energy System Integration The EU Strategy for Energy System Integration will provide the framework for the green energy transition, says the Commission. The current model where energy consumption in transport, industry, gas and buildings is happening in 'silos' - each with separate value chains, rules, infrastructure, planning and operations - cannot deliver climate neutrality by 2050 in a cost efficient way, says the Commission, the changing costs of innovative solutions have to be integrated in the way we operate our energy system. Energy system integration means the system is planned and operated as a whole, linking different energy carriers, infrastructures, and consumption sectors. This connected and flexible system will be more efficient, and reduce costs for society. For instance, a system where the electricity that fuels Europe's cars could come from the solar panels on our roofs, while buildings are kept warm with heat from a nearby factory, and the factory is fuelled by clean hydrogen produced from off-shore wind energy. There are three main pillars to this strategy: First, a more 'circular' energy system, with energy efficiency at its core. The strategy will identify concrete actions to apply the 'energy efficiency first' principle in practice and to use local energy sources more effectively in our buildings or communities. There is significant potential in the reuse of waste heat from industrial sites, data centres, or other sources, and energy produced from bio-waste or in wastewater treatment plants. The Renovation Wave will be an important part of these reforms. Second, a greater direct electrification of end-use sectors. As the power sector has the highest share of renewables, we should increasingly use electricity where possible: for example for heat pumps in buildings, electric vehicles in transport or electric furnaces in certain industries. A network of one million electric vehicle charging points will be among the visible results, along with the expansion of solar and wind power. For those sectors where electrification is difficult, the strategy promotes clean fuels, including renewable hydrogen and sustainable biofuels and biogas. The Commission will propose a new classification and certification system for renewable and low-carbon fuels. The strategy sets out 38 actions to create a more integrated energy system. These include the revision of existing legislation, financial support, research and deployment of new technologies and digital tools, guidance to Member States on fiscal measures and phasing out of fossil fuel subsidies, market governance reform and infrastructure planning, and improved information to consumers. The analysis of the existing barriers in these areas will inform our concrete proposals, for instance the revision of the TEN-E regulation by the end of 2020 or the revision of the energy taxation directive and the gas market regulatory framework in 2021. Hydrogen strategy In an integrated energy system, hydrogen can support the decarbonisation of industry, transport, power generation and buildings across Europe. The EU Hydrogen Strategy addresses how to transform this potential into reality, through investments, regulation, market creation and research and innovation. Hydrogen can power sectors that are not suitable for electrification and provide storage to balance variable renewable energy flows, but this can only be achieved with coordinated action between the public and private sector, at EU level. The priority is to develop renewable hydrogen, produced using mainly wind and solar energy. However, in the short and medium term other forms of low-carbon hydrogen are needed to rapidly reduce emissions and support the development of a viable market. This gradual transition will require a phased approach: From 2020 to 2024, we will support the installation of at least 6 gigawatts of renewable hydrogen electrolysers in the EU, and the production of up to one million tonnes of renewable hydrogen. From 2025 to 2030, hydrogen needs to become an intrinsic part of our integrated energy system, with at least 40 gigawatts of renewable hydrogen electrolysers and the production of up to ten million tonnes of renewable hydrogen in the EU. From 2030 to 2050, renewable hydrogen technologies should reach maturity and be deployed at large scale across all hard-to-decarbonise sectors. To help deliver on this Strategy, the Commission is launching today the European Clean Hydrogen Alliance with industry leaders, civil society, national and regional ministers and the European Investment Bank. The Alliance will build up an investment pipeline for scaled-up production and will support demand for clean hydrogen in the EU. To target support at the cleanest available technologies, the Commission will work to introduce common standards, terminology and certification, based on life-cycle carbon emissions, anchored in existing climate and energy legislation, and in line with the EU taxonomy for sustainable investments. The Commission will propose policy and regulatory measures to create investor certainty, facilitate the uptake of hydrogen, promote the necessary infrastructure and logistical networks, adapt infrastructure planning tools, and support investments, in particular through the Next Generation EU recovery plan. The European Green Deal is the new growth strategy of the EU, a roadmap to make our economy sustainable by turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all. A better-integrated energy system is essential in order to move to climate neutrality by 2050, while also creating jobs, ensuring a fair transition and strengthening innovation in the EU and industrial leadership at a global level. The sector can make a key contribution to Europe's economic recovery from the coronavirus crisis, as outlined in the Next Generation EU recovery package presented by the Commission on 27 May 2020. Today's energy system is still built on several parallel, vertical energy value chains, which rigidly link specific energy resources with specific end-use sectors, wasting a significant amount of energy. For instance, petroleum products are predominant in the transport sector and as feedstock for industry. Coal and natural gas are mainly used to produce electricity and heating. Electricity and gas networks are planned and managed independently from each other. Market rules are also largely specific to different sectors. This model of separate silos cannot deliver a climate neutral economy. It is technically and economically inefficient, and leads to substantial losses in the form of waste heat and low energy efficiency. One way to deliver sector integration is by deploying renewable hydrogen. It can be used as a feedstock, a fuel or an energy carrier and storage, and has many possible applications across industry, transport, power and buildings sectors. Most importantly, it emits no CO2 and almost no air pollution when used. It therefore offers a solution to decarbonise industrial processes and economic sectors where reducing carbon emissions is both urgent and hard to achieve. All this makes hydrogen essential to support the EU's commitment to reach carbon neutrality by 2050 and for the global effort to implement the Paris Agreement. |
Posted at 30/5/2020 08:30 by grupo guitarlumber courtesy ofAriane 29 May '20 - 08:44 - 909 of 912 0 3 0 How Long Until Hydrogen Is Competitive At The Pump? By Jon LeSage - May 28, 2020, 2:00 PM CDT Join Our Community Hydrogen might have a way to break through one of the barriers that keeps it from reaching mass-scale adoption for fuel cell electric cars and trucks. French fuel company Air Liquide just released a new product in the US that can make hydrogen competitive with the average gasoline and diesel fuel station. Its high capacity of 1,000 kg and dual filling positions are capable of fueling 250 vehicles per day. Compare that to a gas station fueling 800 to 1,000 vehicles a day on average, and it would make hydrogen viable for retail stations that can add up to six of these new dual hydrogen filling pumps. Hydrogen fueling stations that have been installed in the US, Europe, Japan, and South Korea, have been quite limited in available fuel pumps — and the supply of hydrogen. The French company which supplies industrial gases and services to various industries has already started installing these new stations in Japan, South Korea, and Europe. Air Liquide’s new technology is able to integrate compression, high pressure storage, and cooling on a single skid. That reduces greenhouse gas emissions and allows for an easier installation. It was also given a compact design to be space efficient, and allow for an easier installation. The announcement followed soon after the French company unveiled the development of its first portable hydrogen station. Along with pervasive presence, traditional gasoline and diesel stations have been able to keep hydrogen beat on price. California Fuel Cell Partnership explains that hydrogen fuel prices range from $12.85 to more than $16 per kilogram (kg). The most common price being seen at California hydrogen stations is $13.99 per kg (equivalent on a price per energy basis to $5.60 per gallon of gasoline). With the price of gasoline in California averaging $2.86 for regular, gasoline has hydrogen beat by a long shot. Toyota, Hyundai, and Honda, have been offering three years of hydrogen fuel with their new fuel cell car sales and lease offerings. So far, there have been over 8,000 fuel cell electric vehicles and 41 operating hydrogen stations in California; and not much in the rest of the country. The National Renewable Energy Laboratory estimates that hydrogen fuel prices may fall to the $10 to $8 per kg range in the 2020 to 2025 period, according to CaFCP. The California agency sees hydrogen needing to come down to that price range to become competitive with gasoline and diesel. One of the real challenges will be getting enough hydrogen to the fueling station to meet maximum demand. Another hurdle to clear — the actual source of the hydrogen — will be gaining much attention as the world's largest green hydrogen plant makes its way to Lancaster, Calif. The production plant just north of Los Angeles will use plastics and recycled paper as a feedstock — waste that would otherwise go to a landfill. It has to be gasified at temperatures of 7,000 degrees Fahrenheit before being converted into hydrogen. SGH2 Energy Global, which is part of the Solena Group, has been in charge of the project. It’s been selling the technology on the carbon emissions and cost fronts. The company says that it can reduce emissions two-to-three times more than green hydrogen produced using electrolysis and renewable energy. The company also claims that its five-to-seven times cheaper — and cost competitive with “grey” hydrogen produced from fossil fuels. One of the grey sources, natural gas, makes for most of the hydrogen being used now. “The beauty here, is that Lancaster will be using this for transportation but it could also be used to generate electricity,” says Robert Do, chief executive of SGH2. “It can be stored and then used for multiple purposes. This will be the first large-scale green hydrogen plant in the world.” The company’s CEO said the plant will produce as much as 11,000 kg of green hydrogen per day, and 3.8 million kg per year. That would be about three times more than any existing or planned green hydrogen facility. The US Department of Energy continues to support hydrogen through its Office of Energy Efficiency and Renewable Energy (EERE) — gaining support from the Trump administration and two presidents before him. The EERE just announced that about $20 million will be available in small business awards, and three projects have been awarded funds supported by the agency’s Hydrogen and Fuel Cell Technologies Office. Alchemr, of Boca Raton, Fla., will develop and test a hydrogen production system that can enable chemical and fuels manufacturing as well as increased use of offshore wind energy. Giner, of Newton, Mass., will develop a cost model and design requirements for a wind-to-hydrogen generation system that could justify transmitting hydrogen from offshore windfarms instead of electricity. Greenway Energy, of Aiken, SC, will develop and test a new, low-cost, and efficient electrolysis system that can be directly coupled with wind turbine power. In January, the Department of Energy said that an additional $64 million is available in funding that will support “transformatio By Jon LeSage for Oilprice.com |
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