Ballard Power Systems’ Post

https://lnkd.in/eSYTh95f Producing hydrogen remains vital to Australia’s prosperity through the net-zero transition, according to a major strategy that lays a national pathway to becoming a global leader in the low-emissions technology. The new National Hydrogen Strategy, released today by Federal Climate Change and Energy Minister Chris Bowen, aims to ensure Australia produces green hydrogen at a competitive cost. It’s also designed to guide investment and signal Australia’s bold ambitions to the world. The document updates the first national hydrogen strategy, released in 2019 by then Chief Scientist Alan Finkel. I helped devise that strategy in my previous job as a federal public servant. I was also part of a panel convened to advise the government on the strategy released today (although it was up to the government whether the advice was accepted). In my view, this new version of the hydrogen strategy improves on the old one, and responds to changing circumstances. But much remains unclear, including how the strategy interacts with existing policies, and whether taxpayer money will be used to fund hydrogen projects doomed to fail.

Earlier today we had the honour to be invited, together with other hydrogen associations, to discuss with European Commission Executive Vice-President for the Clean, Just and Competitive Transition Teresa Ribera, and Commissioner for Energy & Housing Dan Jørgensen about hydrogen's role in helping advance the #cleantransition and decarbonise our economy. Our tree key recommendations by the European #hydrogen industry during the meeting were: 1️⃣ Derisking off-takers (especially in the chemical, fertiliser and steel industry); 2️⃣ Make the production framework much more flexible to enable a more competitive #greenhydrogen; and 3️⃣ Develop a truly joint #energysystem infrastructure (not two separated ones for electricity and hydrogen). If the challenges ahead are not addressed with the above-mentioned recommendations, Europe will miss on #investment opportunities, #decarbonisation targets will be threatened as well as the EU reputation and #competitiveness will be at risk as other global regions might have better conditions. "We were aligned that the #CleanIndustrialDeal needs to be a success and that anything should be done to make it work under the current conditions. This needs effort, alignment and a partnership approach starting with lead markets first." said Jorgo Chatzimarkakis, CEO of #H2Europe, after the meeting. 📷 European Commission Hydrogen Council | IPHE (International Partnership for Hydrogen and Fuel Cells in the Economy) | Renewable Hydrogen Coalition

I hope everyone in clean hydrogen production in the US is wildly successful.   That’s what I told Bloomberg’s Martin Tengler and other industry leaders at #BNEFSummit2024, on a panel on the future of the green hydrogen economy in America.    We had a frank and honest conversation about the controversial draft #45V #taxcredit, and how the current “three pillars” approach is simply not workable for first movers like Fortescue.     Fortescue has two projects—one powered by solar, and one powered in part by surplus hydropower—and neither would meet the requirements of the current 45V draft guidance.    The current guidance will only create winners and losers, rather than a flourishing green hydrogen industry – and we only create a flourishing industry if the guidance recognizes the true intent of the IRA, which is to achieve our ambitious decarbonization goals and spur growth in the domestic green hydrogen industry.                   Check out my remarks beginning at the 8:28 minute mark of our panel, "Controversial Shifts in Americas Green Hydrogen Landscape” https://lnkd.in/eJ9-Q_pz   #BNEFSummit2024 #CleanEnergy  #Energytransition #GreenHydrogen  

🔑 Why Hydrogen Certification is Key to a Global Hydrogen Economy 🌍 In the rapidly growing hydrogen economy, robust certification schemes play a vital role in advancing global trade and sustainability. 🌱 Certification helps: Support government policies by administering targets and quotas Build trust between market players, enabling cross-border hydrogen trade Create transparency for consumers to make informed choices Provide evidence of sustainability, like carbon footprint, water use, and social impacts As hydrogen certification schemes remain mostly regional, overcoming barriers to global trade requires mutual recognition of these systems. The path forward? Governments must cooperate, using common certification standards to ensure consistency and reliability. 🔄 The updated Hydrogen Certification 101 paper by IPHE (International Partnership for Hydrogen and Fuel Cells in the Economy) in collaboration with the IEA Hydrogen TCP , UNIDO, International Renewable Energy Agency (IRENA) and United Nations Economic Commission for Europe in the frame of the Hydrogen Breakthrough Agenda dives deep into how hydrogen certification can shape the future of energy. ⚡ Find out more about hydrogen certification in our latest publication here: https://lnkd.in/dJ_6Ny9w #HydrogenCertification #CleanEnergy #GlobalTrade #HydrogenEconomy

Anthony Ku, Chris Greig, and Eric Larson at Princeton University's Andlinger Center for Energy and the Environment highlight why "creating new markets is not easy". If we are to avoid the possibility that clean hydrogen doesn't just end up as a substitute for current higher carbon intensive H2, rather than becoming a critical pillar in a transformed global clean energy economy, we would be well served to act on the practical, actionable guidance they offer. They argue three systemic issues must be addressed for clean hydrogen to have "commercial liftoff" and grow 10x over the next 20 years: 1) Clarify how hydrogen fits in the future clean energy system; 2) Crack "chicken and egg" sequencing barriers"; and, 3) Harness incumbency without being captured by it. The specific ideas and actions they propose to resolve each of these issues illuminate a path forward to bring the promise of forming a major global clean H2 economy to fruition. Strongly encourage systems change proponents to read this article and leverage/synthesize relevant findings for their specific systems efforts. https://lnkd.in/e7XwQTPT. #sustainability #systemschange #climatechange #equity

🌍💡 Insights from the Global Hydrogen Offtake Trends Report 🚀🔍 The clean hydrogen industry is at a pivotal juncture, with enthusiasm from governments and developers tempered by cautious offtakers. Key takeaways from the report include: 🌱 Nascent Industry: Only 10% of planned capacity by 2030 has secured buyers due to high green premiums and insufficient subsidies. 🏭✈️🚢 Rising Demand: Decarbonisation efforts in steel, aviation, and shipping are expected to drive hydrogen demand. 💰🔧 Incentives: Initiatives like the US Inflation Reduction Act and European Hydrogen Bank are crucial but need complementary demand-side incentives. 🛤️🏗️ Infrastructure: Germany’s 9,700 km hydrogen pipeline network exemplifies the critical need for robust infrastructure. 📉🤝 Major Deals: Binding offtake agreements are limited, with significant deals in the fertiliser, refining, and steel sectors. The report underscores the need for enhanced infrastructure and effective incentives to balance the enthusiasm and practical challenges in the hydrogen market. 🌐📊 #HydrogenEconomy #CleanEnergy #Decarbonisation #InfrastructureDevelopment #SustainableFuture

📜Regarding the release of the updated Hydrogen Certification 101 paper, our expert Jan Stelter, Team Lead for Global Partnerships, stated: “Using a common terminology remains a key challenge in hydrogen certification. We are proud to have contributed to establishing crucial terminology and key concepts as part of a cooperative effort involving IPHE members, the IEA H2 TCP, and experts from other organizations. The Hydrogen Certification 101 paper will hopefully help us all use a common language in the future, providing the clarity needed to address the remaining challenges.”

2025 is shaping up to be a game-changer for #lowcarbon #hydrogen and #ammonia! According to Wood Mackenzie, we’re set to see #bluehydrogen projects in the US surge, thanks to #policy support and a strong push from the #oilandgas lobby. Meanwhile, the #greenhydrogen race continues, with mega #projects on the horizon, but facing some headwinds. Will Chinese #electrolyzers outcompete their Western counterparts in global markets? And can the #ammonia sector’s $8B #investment wave keep the momentum going? The #energytransition is accelerating – but are we ready for the challenges ahead? What do you think: Is blue hydrogen here to stay, or will green win in the long run? #EnergyTransition #HydrogenEconomy #Sustainability #CleanEnergy

The European Union’s (EU) Hydrogen Revolution is a bold initiative aimed at transforming the energy landscape of the continent. Recognizing the critical role of hydrogen in achieving a climate-neutral Europe, the EU has adopted a comprehensive strategy to promote the development and use of renewable and low-carbon hydrogen. This strategy is part of the broader EU Green Deal and REPowerEU plan, which seek to decarbonize the EU’s economy in a cost-effective manner while reducing reliance on imported fossil fuels. https://lnkd.in/eqFDBmnU