At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
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According to a study conducted by the Potsdam Institute for Climate Impact Research (PIK), hydrogen-based fuel is ideally suited for use in non-electrified sectors such as aviation and certain industrial processes.
The UK and Europe have set challenging targets for Net Zero emissions by 2050, involving switching energy consumption across the whole economy to zero-carbon sources.
Hydrogen that is not renewable includes hydrogen extracted from fossil fuels. It becomes “low carbon hydrogen” with a carbon dioxide capture process.
There has been much discussion over which of these approaches Europe should pursue, but a new study released today shows that both should be used if Europe is to meet its zero-emissions targets.
In its “Heat2Comfort” project funded by the BMWI, the Fraunhofer Institute for Manufacturing Technology and Applied Materials Research IFAM in Dresden is making its contribution to this type of emission-free and low-noise mode of transport.
The oil and gas industry, including Equinor and Norwegian Oil and Gas, is funding the majority of the research.
The main technologies needed are small, powerful rotors and safe tanks, which are currently being developed by experts at the Fraunhofer Institute for Applied Polymer Research IAP, BTU Cottbus, and an industrial partner.
NanoSUN was able to design, construct, and now run the Pioneer HRS thanks to its collaboration with Shell.
Hydrogen can be derived from nuclear power in two ways that are both scalable.