Green Hydrogen Essential for Sustainable Shipping and Aviation Fuels, Says SASHA Coalition
A report by the SASHA Coalition asserts that all pathways to sustainable fuels for shipping and aviation sectors will require green hydrogen produced from renewables, with some also needing carbon dioxide from sustainable sources like direct air capture (DAC). The report, launched during London International Shipping Week, urges governments to prioritize hydrogen and DAC in these sectors due to a lack of decent alternatives, calling for policies to facilitate their rollout at scale. It highlights a “Green Hydrogen Gap” due to insufficient policy support hindering demand and investment. Without clearer policies, aviation and shipping risk missing out on fuels vital for sustainable decarbonization.
Indian Hydrogen Generation Market Poised to Reach $21.9 Billion by 2030
A recent report indicates that India’s hydrogen generation market is set to grow at a CAGR of 11.1% between 2023 and 2030, reaching $21.9 billion by 2030. Globally, the hydrogen generation market is projected to hit $295.8 billion by 2030, with a CAGR of 9.3% in the same period. The report, by MarketsandMarkets Research, noted that India accounted for 7% of the global hydrogen demand in 2022, driven primarily by ammonia and refineries applications. India’s National Green Hydrogen Mission aims to produce five million metric tons per year of green hydrogen and reduce its cost to $1 per kg by 2030, with significant private sector investments from companies like Reliance Industries and the Adani Group.
Quantron AG Reinforces Hydrogen Strategy with Key Developments
Quantron AG, a pioneer in sustainable transport, is making significant strides in the hydrogen fuel sector. The company’s Supervisory Board expressed satisfaction with its performance, citing over €20 million in incoming orders in the first seven months of the year and a backlog exceeding €100 million. Quantron also recently welcomed its strategic partner, Ballard Power Systems, to celebrate the delivery of the first five light trucks powered by hydrogen fuel cells. These vehicles are part of the QUANTRON QLI FCEV line, establishing Quantron as a leader in fuel cell technology. Additionally, the company introduced a digital transaction platform, ROQIT, through a joint venture with Goldstone Technologies. Looking ahead, Quantron aims for robust growth in 2024 and plans to expand its international presence while advancing hydrogen technologies.
Solar-Powered Green Hydrogen and Syngas Production
Researchers at the University of Colorado have achieved a breakthrough in green hydrogen and syngas production using solar energy. Unlike traditional electrolysis, their “thermochemical” approach utilizes sunlight-generated heat to drive chemical reactions, resulting in over double the hydrogen production when performed at elevated pressures. This method, employing cost-effective iron aluminates materials and carbon dioxide from the atmosphere, has the potential to rival fossil fuels in terms of cost. Professor Al Weimer, leading the team, envisions a future where solar renewable fuels are readily available, reducing greenhouse gas emissions and advancing renewable energy adoption.
Port of Long Beach and Sinaloa Partner for Green Hydrogen Exchange
The Port of Long Beach, California, and ports in Topolobampo and Mazatlan, Mexico, have formalized their commercial exchange through a Memorandum of Understanding. This agreement encompasses knowledge sharing in environmental, security, technology, and community-related practices. Notably, green hydrogen plays a crucial role in this partnership, as Sinaloa aims to become a significant supplier of this sustainable fuel. Plans include knowledge exchange on sustainability programs and the establishment of a green hydrogen production plant in Sinaloa. The Port of Long Beach sees green hydrogen as a key driver in its sustainability efforts, aiming for zero emissions in port operations by 2030 and in truck transportation by 2035.
Singapore Welcomes World’s First Liquefied Hydrogen Carrier
Singapore hosted the world’s first bulk liquefied hydrogen carrier, Suiso Frontier, designed by Japan’s Kawasaki Heavy Industries and operated by Shell Japan. The vessel, berthed at the Shell Energy and Chemicals Park Singapore, marked a significant step in exploring hydrogen as a future fuel. Singapore’s Maritime and Port Authority, along with government officials and industry representatives, visited the vessel to learn about its design and safety features. The carrier, which completed its maiden voyage between Australia and Japan in 2022, can transport up to 1,250 cubic meters of liquefied hydrogen, furthering the development of a global liquefied hydrogen supply chain.