Publish Driving Forces Learn Hydrogen [New] The gas industry's vision for hydrogen is getting pushback from some environmentalists who advocate for the development of green hydrogen but caution against proposals that could cost consumers a lot of money and fail to meet an urgent agenda of reducing global greenhouse gases. [New] Many countries with vast territories and abundant renewable resources such as Australia and Saudi Arabia could have a surplus of green hydrogen, which could help to meet the demand in other countries. [New] Countries across the globe vary greatly in terms of availability of renewable energy resources needed to meet the expected demand for green hydrogen. [New] Nikola will lead the installation of hydrogen fueling locations for all OEM FCEVs at key locations supported by OGE's hydrogen delivery systems. [New] Gas network operators from 11 countries have joined the European hydrogen backbone initiative, presenting an updated vision for a pure hydrogen network of nearly 40,000 kilometres by 2040. [New] Output-based rebates for U.S. hydrogen producers that produce low-carbon hydrogen could push blue and green hydrogen toward cost-competitiveness with traditional fuels. [New] A 2020 study commissioned by the International Council on Clean Transportation determined that the cost of producing green hydrogen from renewable electricity in the United States and Europe could be halved by 2050 with financial incentives to promote R&D. [New] While fossil hydrogen is currently cheaper than green hydrogen, it seems clear enough that green hydrogen will be the winner on cost, eventually. [New] Green hydrogen will soon dip in cost, becoming cheaper than natural gas in many areas. [New] In order to maintain its global lead in hydrogen technology, and to truly leverage the benefits of the hydrogen application, Japan will need to overcome its geographic limitations and its current limited ability to produce green hydrogen on a large scale. [New] Advanced nuclear could play a critical role in getting the domestic and global electricity sector to net-zero emissions by 2050, decarbonizing industrial processes, and producing green hydrogen. [New] Green hydrogen costs could fall 85% by 2050, pushing renewable hydrogen under the $ 1/kg threshold and undercutting natural gas as well as blue and gray hydrogen production. [New] So far, there are no projects to produce hydrogen from natural gas in Latin America, but opportunities abound. [New] Volvo plans to start production in 2021 of prototype vehicles and components from steel made by SSAB using hydrogen produced from renewable energy. [New] Forrest has almost absurdly ambitious plans to build 1,000 gigawatts of renewable capacity around the world - including 40 GW in Australia - most of which will be used to manufacture green hydrogen. [New] The cost to produce one kilogram of green hydrogen will fall to well below $US2 by 2030, and well below $US1 by 2050 in most markets. [New] In the short term, blue hydrogen will be vital to accelerate the use of clean hydrogen. [New] A transition to a low carbon future in Wales could help support local communities, create new jobs and contribute to local economic growth. [New] Hydrogen production equipment has the potential to cover a market of approximately £4 billion annually by 2050 and stationary fuel cells used for vehicles could make up a traded market of £15 billion annually (Vivid Economics, Energy Innovations Needs Assessment: Hydrogen and fuel cells, 2019). In the UK, the National Grid is currently testing the conversion of the gas network to hydrogen, possibly completing the transition by 2035. ESB plans to invest in a green hydrogen production, storage and generation facility at the Co Clare site towards the end of the decade. Volvo will start manufacturing the first concept vehicles and machines with steel from SSAB using hydrogen already in 2021. Last updated: 18 April 2021 Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No Hi, Would you like a quick online demo of our service from an experienced member of our team? Yes No