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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

Hydrogen 473
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Haldor Topsoe joins ambitious hydrogen and sustainable fuel project in Denmark

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Haldor Topsoe has joined a hydrogen and sustainable fuel project based on electrolysis in the Greater Copenhagen Area. The partnership consists of leading Danish companies covering the whole value chain for the production, distribution, and consumption of renewable hydrogen and sustainable fuels. —Roeland Baan, Topsoe’s CEO.

Denmark 249
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Air Liquide inaugurates HyBalance pilot site in Denmark for production of carbon-free hydrogen

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In Denmark, Air Liquide inaugurated HyBalance, a pilot site for the production of carbon-free hydrogen. The facility uses electrolysis technology to balance the electricity grid and to store surplus electricity in the form of hydrogen that will be used in industry and transportation. The HyBalance project.

Denmark 218
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Maersk secures green e-methanol for the world’s first container vessel operating on carbon-neutral fuel; new plant in Denmark

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Maersk has identified its partners to produce green fuel for its first vessel to operate on carbon-neutral methanol ( earlier post ): REintegrate , a subsidiary of the Danish renewable energy company European Energy. The energy needed for the power-to-methanol production will be provided by a solar farm in Kassø, Southern Denmark.

Denmark 243
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EC approves up to €5.2B of public support for second IPCEI in the hydrogen value chain

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The European Commission approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation, first industrial deployment and construction of relevant infrastructure in the hydrogen value chain.

Hydrogen 195
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Everfuel signs MOU for hydrogen supply to new zero-emission ship concept

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Denmark-based Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero-emission shipping solution. Everfuel is well-positioned to provide maritime fueling solutions across Scandinavia and Europe. Trefor Elnet as the power DSO.

Hydrogen 293
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Haldor Topsoe establishes focused green hydrogen organization to accelerate electrolysis business

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According to an International Energy Agency (IEA) forecast, green hydrogen has the potential to fulfil 17% of the global energy demand by 2050. Haldor Topsoe is determined to take a leading position in the green hydrogen space, and has established a focused green hydrogen organization to accelerate its business.