Elekore Energy’s Post

Hydrogen, hydrogen and again hydrogen ⚠️ There are much expectation about #hydrogen especially that based on #renewables… but reality check returns a quite different picture The finding of IEA report - looking project by project is quite telling: of all announced projects to use renewables to produce hydrogen this decade, only 7% of planned capacity is forecast to come online by 2030 The bleak outlook represents a significant worsening toward previous expectations for hydrogen but proper demand policies can change this .. Yet, the road for hydrogen #economy appears still challenging #energy #sustainability #innovation #data #future #technology

Investment in clean #hydrogen has tripled last year to over $10 billion, according to BloombergNEF's Energy Transition Investment Trends 2024 report published today. If you count all the hydrogen-related projects, like #steel, #ammonia, #CCS, #solar, #wind, #fuelcell vehicles, more than $30 billion was invested in hydrogen last year. That's a very encouraging growth for the industry, but it's good to put things into perspective. The total energy transition #investment in 2023 was $1.77 trillion, so hydrogen accounted for a mere 0.6% of that total. Electrified transport, #renewable energy and #power #grids accounted for the vast majority of those $1.77 trillion. Our modeling suggests we would need to see $3.4 trillion invested into hydrogen by 2050 to reach net zero. So 2023 got us 0.3% of the way. We'll need to see a lot faster growth to reach the net zero ambition by 2050. Thank you Sami Alisawi for compiling the hydrogen data for this report! Check out the press release here: https://lnkd.in/dqiPFciJ Free version of the report here: https://lnkd.in/dhazmdnW Full version for our clients here: https://lnkd.in/ehZ25-hF

Interesting to see that there are quite some hurdles to realize these projects but these hurdles do not stop projects from being announced.

India’s Milestone: First Hydrogen Bus Reaches Leh in Landmark Green Mobility Project • On August 17, 2023, the #first hydrogen bus reached #Leh for field trials and tests. • India’s inaugural use of hydrogen #buses on public roads. • #NTPC is establishing a Hydrogen #FuellingStation, #SolarPlant, and providing 5 #FuelCell buses for Leh. • The Green Hydrogen #Mobility Project is located at 11,562 ft with a 1.7 MW Solar plant. • Buses are designed for sub-zero temperatures and high altitudes. • NTPC aims for 60 GW of Renewable Energy by 2032, focusing on Green Hydrogen and Energy Storage. #greenhydrogen #cleantransport #ntpc

Our current project deals with the production of Hydrocarbons out of Water, Air and electricity and H2 Electrolysis is part and parcel of the Process stream combined with CO2 Electrolysis.

Is Hydrogen a viable solution for decarbonisation and climate change?

We consume 100-120 million tonnes of very dirty hydrogen annually, mainly for ammonia production. When we have replaced the last molecule for this purpose with green hydrogen, and thrown in a few tens of millions of tonnes for the steel industry or for chemical processes, for example, then it will be time to start thinking about hydrogen as an energy carrier. #hydrogen #renewable #green #energy

India has established itself as a leading force in the global solar revolution. It has transcended the role of a mere spectator, emerging as a prominent player in shaping the future of renewable energy. #SolarSymphony #GreenIndia2030 #RenewableRevolution #SustainableIndia #SolarPowerLeadership #CleanEnergyFuture #Cellex #CellexIndia 

A ground breaking study reveals a promising path for hydrogen to revolutionise the way we power our SA homes and industries. 🏠⚡ The Australian Hydrogen Centre's research highlights the potential and feasibility of incorporating hydrogen into the state's distribution networks, paving the way to achieve net-zero emissions by 2050. 🌱 The results are nothing short of remarkable: ✅ Transitioning to 100% hydrogen in our gas network is not only feasible but a game-changer. ✅ Optimise underutilised renewable infrastructure offering 3230 MW of electrolyser capacity and 6 petajoules of long-term hydrogen storage by 2050. ✅ Hydrogen production could soar from 550 terajoules per year in 2030 to a whopping 34.95 petajoules per year in 2050 – That’s an incredible 6400% increase! ✅ Potential generation of 2204 SA jobs during construction, with 875 ongoing jobs. As hydrogen gains global importance, this study reaffirms its pivotal role in rapidly decarbonising the world's economy. 🌏 Read more here ➡️ https://bit.ly/3QIuGq6 SA Government | Australian Gas Infrastructure Group (AGIG) #Hydrogen #RenewableEnergy #GreenFuture #Sustainable #Innovation #CleanEnergy #SouthAustralia #Gas #NewJobs #NetZero #AustralianHydrogenCentre #Decarbonisation