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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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Dutch report suggests hydrogen exchange could catalyze hydrogen market

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A hydrogen exchange, similar to electricity and gas exchanges, could act as a catalyst for a market for climate-neutral hydrogen, according to an exploratory study, “A Hydrogen Exchange for the Climate”, presented to Eric Wiebes, the Netherlands Minister of Economic Affairs and Climate Policy.

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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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Automotive supplier Eberspächer acquires 100% of ViCTORi to enter hydrogen and fuel cell market

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Automotive supplier Eberspächer is entering the fast-growing market of hydrogen and fuel cell technology. We are deliberately investing in a future market and want to grow purposefully with hydrogen and fuel cell technology. Jörg Schernikau, COO Climate Control Systems and Automotive Controls at Eberspaecher.

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Germany investing €8B+ in 62 large-scale hydrogen projects; “We are making Germany a hydrogen country”

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Germany’s Federal Ministry of Economics (BMWi) and the Federal Ministry of Transport (BMVI) selected 62 large-scale hydrogen projects this week, which are to be state-funded as part of a joint European hydrogen project (Important Project of Common European Interest, IPCEI). We are making Germany a hydrogen country.

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Rolls-Royce commissions test bench for mtu hydrogen engines for climate-neutral power supply

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Rolls-Royce has commissioned its first in-house test bench for mtu hydrogen engines at its Augsburg site. The mtu gas engine portfolio is being prepared for hydrogen as a fuel, thus enabling a climate-neutral energy supply. In conjunction with these renewable sources, we see hydrogen as an essential energy carrier of the future.

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Rolls-Royce successfully tests 12-cylinder mtu engine with pure hydrogen

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Rolls-Royce has conducted successful tests of a 12-cylinder gas variant of the mtu Series 4000 L64 engine running on 100% hydrogen fuel. For several months, the mtu gas engine has been undergoing bench testing and continuous improvement in terms of efficiency, performance, emissions and combustion using 100% hydrogen as fuel.

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