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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.

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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.

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Cummins and Versatile partner to bring 15L hydrogen engines to ag market

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Cummins and Canada-based Buhler Industries , a leading tractor manufacturer under the Versatile brand, signed a letter of intent for plans to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market. Cummins M15H.

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Renault Scénic Vision hydrogen hybrid concept offers 75% smaller carbon footprint than a conventional BEV

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Its hybrid electric and hydrogen powertrain aims to reduce downtime related to energy recharging while reducing the carbon footprint, including the battery. Renault Scénic Vision is zero emission in production and in use with a 75% smaller carbon footprint than a conventional battery electric vehicle.

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Aurora Hydrogen raises $10M Series A; microwave pyrolysis of natural gas for efficient low-carbon hydrogen production

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Canada-based Aurora Hydrogen, a company developing emission-free hydrogen production technology, has raised $10 million in Series A funding led by Energy Innovation Capital. As the world looks to quickly decarbonize transportation and industry, hydrogen demand is expected to increase rapidly, from $130 billion today to $2.5

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Improved liquid hydrogen-powered Corolla and GR86 (carbon-neutral fuel) to participate in Super Taikyu at Autopolis

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The hydrogen-powered Corolla, mobile liquid hydrogen stations, and carbon neutral fuel have evolved in the two months since the Round 2 NAPAC Fuji SUPER TEC 24 Hours Race from 26-28 May. kg by eliminating the connection cover and changing the components that do not come into contact with hydrogen from iron to aluminum.

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Cohort of new stakeholders joins Open Hydrogen Initiative

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In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

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