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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

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ARPA-E to award up to $45M to support developing marine CO2 removal industry; SEA CO2

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The US Department of Energy (DOE) Advanced Research Projects Agency - Energy (ARPA-E) will award up to $45 million in funding to support a new program aimed at facilitating the development of the marine carbon dioxide removal (mCDR) industry through scalable Measurement, Reporting and Validation (MRV) technologies.

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Chart Industries and Nikola execute strategic partnership for hydrogen-related equipment

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This relationship builds on a previously signed development agreement between Chart and Nikola to work together to develop innovative solutions for the hydrogen electric vehicle market. The dense liquid hydrogen storage and efficient liquid high pressure dispense pump also lowers station operating costs.

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Fabrum and Chart Industries execute MoU for micro-scale liquefiers for hydrogen

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New Zealand-based Fabrum and Chart Industries have formed a strategic partnership to collaborate on the manufacture and sale of Micro-Scale Liquefiers for hydrogen and other gases. The collaboration targets the rapidly increasing demand for liquefaction systems as industries work to decarbonize and transition to new energy sources.

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Motor Coach Industries unveils its first battery-electric luxury coach in the N American market: J4500 CHARGE

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NFI Group subsidiary Motor Coach Industries (MCI) has unveiled the new zero-emission, battery-electric J4500 CHARGE coach. The J4500 CHARGE features brighter, more spacious interiors with industry-leading legroom.

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MAN Energy Solutions and Fraunhofer IST analyze options for cost-efficient hydrogen supply to Salzgitter industrial cluster

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While production costs of around €4.00 per kilogram are possible in northern Germany, hydrogen imported from Tunisia, for example, would cost at least €4.70 In the case of direct use, local hydrogen has an economic advantage due to the elimination of transport and conversion costs.

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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 active and upcoming capacity combined. —Andres Angulo

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