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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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ENGIE greenlights Australian renewable hydrogen project with Yara

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ENGIE has taken the Final Investment Decision in the development of one of the world’s first industrial-scale renewable hydrogen projects, to be located in the Pilbara region of Western Australia. Yuri roadmap. As announced in 2021, the Yuri project is being developed with the support of a $47.5-million

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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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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5 Source: IRENA.

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Fountain Valley, CA hydrogen station opens; 100% renewable H2

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The Fountain Valley, California hydrogen station has opened. The Fountain Valley hydrogen station capacity is 1200 kilograms; it has four fueling positions with a total of five nozzles (four H70 nozzles and one H35 nozzle). The station offers 100% renewable hydrogen. It opened in late 2019.

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Shell to start building Europe’s largest renewable hydrogen plant: Holland Hydrogen I

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subsidiaries of Shell plc, have taken the final investment decision to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025. The renewable power for the electrolyzer will come from the offshore wind farm Hollandse Kust (noord), which is partly owned by Shell.

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Chevron / Toyota road trip demonstrates renewable gasoline blend

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Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. In February 2022, a team from Argonne National Lab published a report “Carbon Intensities of Refining Products in Petroleum Refineries with Co-Processed Biofeedstocks”.

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