Bloom Energy introduced the Bloom Electrolyzer, the most energy-efficient electrolyzer to date for producing pure hydrogen, and 15 to 45 percent more efficient than any other product on the market today.
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This comes after the Department of Energy issued a Request for Information on potential initiatives the US could take to develop its hydrogen market and decarbonize diverse businesses.
The New York Power Authority (NYPA) is initiating a first-of-its-kind $8.5 million green hydrogen demonstration project to study the possibility of replacing some of the natural gas used to generate electricity at NYPA’s Brentwood Power Station with renewable hydrogen.
The worldwide green hydrogen business earned $0.3 billion in 2020, according to the report, and is expected to reach $9.8 billion by 2028, rising at a CAGR of 54.7 percent from 2021 to 2028.
Alfred founded Ally Power in 2019, and the company is currently participating in the Bethesda Green and Maryland Energy Innovation Accelerator programs.
This is part of a larger investment in hydrogen-based transportation technology such as hydrogen engines, fuel cells, electrolysers, and storage tanks.
Toyota’s fuel cell technology has been used in the H2.City Gold fuel cell electric bus from 2019. The city bus has a range of around 250 miles (400 kilometers) and can be refueled in less than nine minutes.
Governor Andrew Cuomo said on Thursday (July 8) that the state will provide $12.5 million in funding for long-term energy storage technologies and demonstration projects, which might include green hydrogen.
The miner is investing in technologies that have the potential to reduce carbon intensity in steelmaking by at least 30% by 2030, or to deliver carbon-neutral steelmaking pathways by 2050, as well as zero-carbon aluminum.
Clean hydrogen is a type of renewable energy that, if made cheaper and easier to produce, could help President Biden achieve his goal of addressing the climate crisis.