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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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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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Denmark, Norway, and US to lead Zero-Emission Shipping Mission

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The governments of Denmark, Norway, and the United States, along with the Global Maritime Forum and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, will lead a new Zero-Emission Shipping Mission as part of Mission Innovation. The objective is to help move clean energy solutions from lab to market.

Denmark 342
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Phillips 66 and H2 Energy Europe form JV to build European network of hydrogen refueling stations: JET H2 Energy

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Phillips 66 and H2 Energy Europe have closed on a 50-50 joint venture to set up and operate a network of hydrogen refueling retail sites in Germany, Austria and Denmark. The new company plans to develop approximately 250 hydrogen refueling stations by 2026.

Hydrogen 186
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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. REintegrate and European Energy will establish a new Danish facility to produce the approx.

Denmark 243
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SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

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SK E&S and SK Plug Hyverse—a joint venture (JV) formed in January of this year by SK E&S and Plug Power—will work with Korea Southeast Power Generation (KOEN) to cooperate with green hydrogen and green ammonia projects based on renewable energy resources in Korea and abroad.

Green 284
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AqualisBraemar LOC joins HYSEAS III hydrogen fuel-cell vessel project for vessel design

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CMAL) to partner in designing a hydrogen fuel-cell sea-going passenger and car ferry—a first for Europe. along with associated hydrogen storage and bunkering arrangements. along with associated hydrogen storage and bunkering arrangements. Hydrogen storage and piping. Energy management and control system.

Hydrogen 436