Major Energy Companies Bet Big on Hydrogen Oct. 22, 2020 2:42 pm ET As the oil-and-gas industry struggles to secure its place in a world shifting away from fossil fuels, major energy companies are making a grab for the rising hydrogen market. Hydrogen is expected to play a vital role in slashing emissions in a number of highly polluting industries that now face strict climate targets. The fuel, which burns clean when mixed with oxygen in a fuel cell, can power households, factories, cars, ships and planes. There are still significant hurdles facing hydrogen, but major oil companies in Europe, including Royal Dutch Shell PLC, BP PLC and Repsol SA, are ramping up their investments. They’re betting that their expertise and infrastructure can give them an edge in this growing market, and they see government aid and profits down the road. “Large-scale usage of hydrogen requires build out and operation of not just production facilities, but also compression, transportation, distribution and conversion facilities,” says Olav Junttila, managing director at investment firm Nomura Greentech Capital Advisors. “Oil-and-gas companies generally excel in one or more of these areas, and can translate that expertise into leadership positions within hydrogen.” https://www.wsj.com/articles/major-energy-companies-bet-big-on-hydrogen-11603392160#:~:text=There%20are%20still%20significant%20hurdles%20facing%20hydrogen%2C%20but,see%20government%20aid%20and%20profits%20down%20the%20road.
FCEV future: Every brand working on hydrogen fuel cell tech July 13, 2021 The hydrogen economy is something that has long been talked about but is finally starting to gain momentum. In the quest to lower CO2 emissions hydrogen is increasingly being viewed as a very useful fuel to add to the artillery. And some forms of transport could play a key role in the shift to utilising the clean gas (which can also be stored as a liquid) that emits only water when passed through a fuel cell. While many see traditional battery electric vehicles (BEVs) as the answer for many everyday EV journeys, it’s fuel cell electric vehicles (FCEV) that are arguably better suited to commercial applications or for heavy duty work such as towing and long distance trucking. https://evcentral.com.au/fcev-future-every-brand-working-on-hydrogen-fuel-cell-tech/