Fuel cell vehicle player First Hydrogen has set up a new division, First Hydrogen Energy, to consolidate and lead the group’s business in the production and distribution of green hydrogen. The unit, which is being advised by non-executive directors Rob Campbell from Ballard Power and Peter Williams from Ineos, is progressing green hydrogen production projects […]
Hydrogen
For hydrogen to be a climate solution, leaks must be tackled – EQ Mag Pro
Oil and gas companies and governments worldwide are increasingly looking to hydrogen as their pathway to decarbonization. Over 350 new projects worth $500 billion have been recently announced, according to the Hydrogen Council. The International Energy Agency says demand could increase sixfold by 2050. Before committing to this vast buildout, it is essential to understand […]
Green hydrogen ‘now cheaper than grey in Europe, Middle East and China’: BNEF – EQ Mag Pro
The invasion by Russia and the subsequent moves to reduce reliance on its gas means that renewable H2 could already be seen as a viable option over the long term, says analyst. The Ukraine war has pushed up natural gas prices to the point where green hydrogen is now cheaper than highly polluting grey H2 […]
The pasture becomes greener for Green Hydrogen industry in India – EQ Mag Pro
On India’s 75th Independence Day (15th August 2021), the Prime Minister of India had launched the National Hydrogen Mission. The two goals of the National Hydrogen Mission are – To make India a Green Hydrogen Hub and to help India meet its climate targets. On 17th February 2022, the Ministry of Power (MoP) announced the […]
Hydrogen On Track To Become A $1 Trillion Per Year Industry – EQ Mag Pro
As the world races towards cleaner energy, hydrogen is emerging as a potential winner. Some analysts are predicting that the hydrogen market could be worth $1 trillion per year by 2050. To reach this $1 trillion a year estimate, hydrogen would have to occupy around 15 percent of the global energy market. New reports suggest […]
Exxon To Mount A Major Hydrogen, CCS Project At Its Baytown Complex – EQ Mag Pro
As part of its expanding Low Carbon Solutions business unit, ExxonMobil announced plans on Tuesday to mount a major new “blue” hydrogen production and carbon capture and storage (CCS) project at its venerable Baytown Refining and Petrochemical Complex. When completed, the company says it will be one of the largest CCS projects in the world. […]
We are aiming for Green Hydrogen cost of $1 per Kg by 2030: Amitabh Kant – EQ Mag Pro
New Delhi : Niti Aayog Chief Executive Officer Amitabh Kant has said the government is aiming to bring down the cost of Green Hydrogen to as low as $1 per Kilogram by the end of this decade in 2030 and this is made possible by the low cost of generation of renewable energy in the […]
What India should do to become a leader in green hydrogen – EQ Mag Pro
For India, addressing developmental challenges related to cost, efficiencies and infrastructure will be crucial. This will also help curb import dependency for crucial components such as electrolysers and fuel cells. In this context, it is critical to learn from the National Solar Mission. The Green Hydrogen Policy notified on February 17 is another step by […]
Hydra-Headed Hydrogen-Business Journal – EQ Mag Pro
The International Energy Agency (IEA) has identified four near-term opportunities to boost hydrogen on the path towards its clean, widespread use. Focusing on these real-world springboards could help hydrogen achieve the necessary scale to bring down costs and reduce risks for governments and the private sector. While each opportunity has a distinct purpose, all four […]
Stepping On The Gas With Hydrogen Policy – EQ Mag Pro
In the last five-six years, we have seen a massive surge in renewable energy installations across the world, to the extent that it has evolved as the mainstream energy option. It seems now as far as climate change is concerned, it is all about gasses. On the one hand, we have greenhouse gasses (GHG) such […]