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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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China’s first integrated methanol-to-hydrogen and hydrogen refueling service station now in operation

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China Petroleum & Chemical Corporation (Sinopec) officially launched China’s first methanol-to-hydrogen and hydrogen refueling service station in Dalian, China. China produces the most methanol in the world, accounting for 60% of the global total. Sinopec Fuel Oil Sales Co.,

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Taylor Machine Works and Cummins to integrate hydrogen engines into Taylor lift trucks and container handlers

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liter and 15-liter hydrogen engines into the Taylor product line. This collaboration will help realize the decarbonization goals of industrial steel, wood products, concrete, oil and gas, and port operations markets.

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

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This agreement includes additional collaboration on the advancement of hydrogen technology for infrastructure and truck on-board fuel systems. 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.

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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage). The Monolith process.

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Siemens Energy, FFI and GeoPura developing prototype ammonia cracker to produce hydrogen

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million) ammonia cracker prototype designed to produce green hydrogen at industrial scale. The prototype will use ammonia to deliver 200kg of hydrogen a day—enough to power around 5-10 hydrogen fuel cell-electric buses. We have just 13 years to deliver a net-zero electricity grid for the UK. million (US$4.24

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Cummins unveils 15L hydrogen engine

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At the recent ACT Expo in Long Beach, California, Cummins debuted its 15-liter hydrogen engine. This version, with expected full production in 2027, pairs with clean, zero-carbon hydrogen fuel, a key enabler of Cummins’ strategy to go further faster to help customers reduce greenhouse gas (GHG) emissions.

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