kiran gunale’s Post

The financial cost of the hydrogen industry can vary depending on several factors:- 1. Production method: Hydrogen can be produced through various methods, such as steam methane reforming, electrolysis, biomass gasification, or coal gasification. The cost of hydrogen production can vary significantly depending on the chosen method. Electrolysis, particularly using renewable energy sources, is generally considered a more expensive but environmentally friendly option compared to fossil fuel-based methods. 2. Scale of operations: The cost of hydrogen production is often influenced by economies of scale. Larger production facilities may benefit from lower production costs per unit of hydrogen compared to smaller or pilot-scale operations. As the hydrogen industry continues to develop and mature, economies of scale are expected to play a significant role in cost reduction. 3. Infrastructure: The development of a hydrogen industry requires the establishment of infrastructure for production, storage, transportation, and distribution. The cost of infrastructure development, including hydrogen production plants, pipelines, storage facilities, and refueling stations, can be substantial and can impact the overall cost of hydrogen. 4. Market demand and competition: The cost of hydrogen can also be influenced by market dynamics, including demand, supply, and competition. As the demand for hydrogen increases and the market becomes more competitive, it can drive innovation, technological advancements, and cost reduction in the industry. 5. Research and development: Ongoing research and development efforts aimed at improving hydrogen production technologies, storage methods, and transportation systems can contribute to cost reductions over time. Government support, incentives, and investment in research and development can play a crucial role in driving down the financial costs associated with the hydrogen industry. The cost of hydrogen is expected to decline as the industry scales up, technology advances, and renewable energy sources become more prevalent. Additionally, factors such as carbon pricing, government incentives, and the integration of hydrogen into various sectors (such as transportation and industrial processes) can influence the economic viability and competitiveness of the hydrogen industry. The financial cost of the hydrogen industry is currently a significant consideration, ongoing developments and advancements in technology, infrastructure, and market conditions are expected to contribute to cost reductions and increased affordability in the future. #keep_following_to_know 😊 #petrochemical_with_me #sustainability_way #sustainable_business

Hydrogen Production Technologies: A Comprehensive Review A recent comprehensive review by Habib et al. from the Interdisciplinary Research Center for Hydrogen and Energy Storage (IRC-HTCM) at King Fahd University of Petroleum & Minerals (KFUPM) has shed light on the burgeoning potential of hydrogen as a sustainable and low-carbon energy carrier. The study, titled "Hydrogen Production Technologies: A Review," delves into the various methods of hydrogen generation and their implications for a cleaner energy future. As the global energy landscape evolves, hydrogen emerges as a viable alternative to fossil fuels, particularly when produced through renewable sources. The study underscores hydrogen's potential to significantly mitigate greenhouse gas (GHG) emissions, making it a critical component of decarbonization efforts. The review explores a diverse array of hydrogen production techniques, including steam methane reforming, biomass gasification, pyrolysis, and bio-photolysis. While steam methane reforming currently dominates the market due to its cost-effectiveness, biomass gasification and pyrolysis offer promising renewable alternatives. A particularly noteworthy aspect of the study is the discussion of ammonia as a potential hydrogen carrier. Enriching ammonia with hydrogen can enable carbon-free combustion, contributing to carbon neutrality goals. However, the challenge of minimizing NOx emissions during combustion must be addressed to ensure the environmental benefits of this approach. The review also highlights the versatility of hydrogen as an energy carrier, with applications spanning transportation, power generation, and industrial processes. Its potential to transform the energy sector is undeniable. To fully realize the potential of hydrogen as a clean energy source, it is imperative to prioritize the development and implementation of innovative technologies. This includes advancements in electrolysis, hydrogen storage, transportation infrastructure, and novel production methods. By addressing the challenges associated with hydrogen production, storage, and distribution, we can pave the way for a more sustainable and resilient energy future. #Hydrogen #EnergySystem #CircularEnergy #SustainablFuture #EnergyCarrier

𝗚𝗿𝗲𝗲𝗻 𝗛𝘆𝗱𝗿𝗼𝗴𝗲𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟰. 𝗟𝗮𝘁𝗲𝘀𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dHhvgaMZ This comprehensive report provides an in-depth analysis of the global Green Hydrogen market, presenting both quantitative and qualitative insights by manufacturers, regions and countries, as well as by type and application. Recognizing the dynamic nature of the market, the report examines competition, supply and demand trends, and key factors influencing changing demands across various markets. It includes company profiles and product examples of selected competitors, alongside market share estimates of leading players for 2024. The Green Hydrogen market is segmented by type and application, with precise calculations and forecasts for consumption value from 2019 to 2034. This analysis aims to assist in business expansion by targeting qualified niche markets. *𝗕𝘆 𝗧𝘆𝗽𝗲: Alkaline (ALK) Electrolyzer, Proton Exchange Membrane (PEM) Electrolyzer, Others *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Solar Energy, Wind Energy, Biomass, Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Plug Power, Nel Hydrogen, Sungrow Power Supply Co., Ltd., thyssenkrupp, Siemens, Shandong Saikesaisi Hydrogen Energy Co.,ltd, HydrogenPro, Cummins Inc., Tianjin Mainland Hydrogen Equipment Co., Ltd., H2B2 Electrolysis Technologies, McPhy, Teledyne Energy Systems, Inc., Toshiba #GreenHydrogen #CleanEnergy #RenewableEnergy #SustainableFuel #HydrogenEconomy #Electrolysis #ZeroEmissions #Decarbonization #HydrogenProduction #GreenTechnology #EnergyTransition #HydrogenStorage #HydrogenInfrastructure #RenewableHydrogen #HydrogenFuelCells #HydrogenVehicles #GreenEnergySolutions #HydrogenInnovation #SustainableHydrogen #HydrogenMarket

The hydrogen market is set to skyrocket to $204B by 2031 with a CAGR of 8.4%! Key Highlights: Diverse Production: Hydrogen from fossil fuels, water, solar, and biomass using methods like electrolysis and thermochemical reactions. Green Hydrogen: Fastest-growing segment, driven by falling renewable energy costs and advancing electrolysis tech. Wide Applications: From ammonia production to e-mobility and power generation. Regional Power: Asia-Pacific leads with the largest share and fastest growth, spearheading global hydrogen initiatives. While high storage costs and infrastructure gaps exist, the push for green hydrogen and FCEVs opens new avenues. #hydrogeneconomy #greenenergy #cleantech #sustainablefuture #hydrogen #climateaction #renewableenergy #aecouncil

Extra requirements for electrolytic hydrogen 'risks delaying investments': IEA Quantum Commodity Intelligence – Extra requirements for the production of green hydrogen via the electrolysis process "risks delaying investments" in early stages but should fade as grids decarbonise, the International Energy Agency (IEA) said in a report released Wednesday. In the IEA's "Towards Common Criteria for Sustainable Fuels" report, the agency recommends that extra requirements on electrolytic hydrogen production other than cradle-to-grave greenhouse gas (GHG) emissions should be "applied cautiously." The report specifically cites such extra requirements as additionality, temporal correlation, and grid proximity (spatial correlation), which are in the European Union (EU) regulations for renewable fuels of non-biological origin (RFNBO) production under the Renewable Energy Directive (RED) and are planned to be introduced in the US. Many industry participants and governments have requested that these extra requirements are changed, delayed, or scrapped altogether, as they add both cost and complexity to the production of green hydrogen that is central to decarbonisation plans of many hard-to-abate sectors. "Setting very strict criteria during the early stages of technology scale-up risks delaying investments, impeding the development of supply chains and infrastructure, and hindering potential benefits in terms of creating new electricity demand and new flexibility resources for integrating variable renewables," the IEA report said. The report added that "power grids are decarbonising rapidly worldwide, independent of hydrogen deployment" which suggests that a GHG emissions policy only taking into account the GHG intensity of the grid would be a more suitable approach and using this metric only to aid investment and operation of electrolytic hydrogen production assets. Furthermore, the IEA said in the report that "in the long term, possible indirect system impacts will fade as the role of fossil fuels in power systems diminishes" with the IEA forecasting that power systems will be "fully decarbonised globally by 2045" under its NZE Scenario. The EU does allow for electrolytic hydrogen production from a grid connection to be classed as renewable hydrogen, but only if the specific bidding zone has an average renewable electricity share exceeding 90% in the previous calendar year if it does not exceed the proportion of renewable electricity in the bidding zone. If this requirement is not met, the electrolytic hydrogen production asset must satisfy one or more of the extra requirements.

𝗚𝗿𝗲𝗲𝗻 𝗛𝘆𝗱𝗿𝗼𝗴𝗲𝗻: A Key Investment for the Energy Transition .. ➤ 𝗚𝗿𝗮𝗯 𝗣𝗗𝗙 𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 @ https://lnkd.in/dg9UCtQY #Greenhydrogen is a type of hydrogen generated by #renewableenergy or low-carbon power. Green hydrogen is obtained from electrolysis, where electricity is used to split water into hydrogen molecules. It is also produced from renewable energy sources, such as wind, solar, and hydropower, that generate no polluting emissions into the atmosphere, making it the cleanest and most sustainable hydrogen. It is commonly used as fuel, in feedstock, and for heat processing in industrial processes. 𝗚𝗿𝗼𝘄𝘁𝗵 𝗙𝗮𝗰𝘁𝗼𝗿: ➣  Increasing Demand for Green Hydrogen in Fuel Cell Electric Vehicles (FCEVs) ➣  Growing Demand for Green Hydrogen in Chemical Production ➣  Rising Government Initiatives for Net Zero-emission 𝗠𝗮𝗿𝗸𝗲𝘁 𝗟𝗲𝗮𝗱𝗲𝗿𝘀: FuelCell Energy, Inc. (U.S.), Bloom Energy Corporation (U.S.), Plug Power Inc. (U.S.), Air Products and Chemicals, Inc. (U.S.), China Petrochemical Corporation. (China), L’AIR LIQUIDE S.A. (France), Linde plc (Ireland), Green Hydrogen Systems A/S (Denmark), McPhy Energy (France), ITM Power PLC (U.K.), Nel ASA (Norway), Ballard Power Systems Inc. (Canada), etc. #greentechnology #greenfuture #greeneconomy #economy #automotiveindustry #automotiveaftermarket #china #petroleum #hydrogenstorage #hydrogenstrategy #power #chemicals #fuelcell #fuelcells #hydrogenmobility #mobility #automotive #carbonreduction #zerocarbon

Innovation in Green Ammonia is moving forward with Project Catalina PTX. This project comes at a total cost of €2.35 billion. It will feature the first-ever 500MW electrolyzer, a groundbreaking achievement in renewable energy. The electrolyzer will be powered by 1.1 GW of solar and wind energy, creating a significant step towards decarbonization. It will produce 800 tons of green ammonia per day. Operations are expected to begin in 2028, with a forecast to avoid 3.1 million tonnes of CO₂ emissions over its lifetime. A game changer for fertilizer production, the ammonia will also be injected into local natural gas pipelines. This project raises questions for the future: Could green ammonia revolutionize industries beyond fertilizers? How will its integration into natural gas impact energy markets? https://lnkd.in/ejAY54XU #GreenAmmonia #RenewableEnergy #Decarbonization #Innovation #Sustainability

𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐓𝐨𝐦𝐨𝐫𝐫𝐨𝐰: 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞, 𝐓𝐨 𝐆𝐞𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://lnkd.in/dwnnS36h #Hydrogen has garnered significant attention as a potential clean and versatile energy carrier. It can be produced through various methods, such as electrolysis of water using renewable electricity, steam methane reforming, and gasification of biomass. One of the major applications of hydrogen is in fuel cells, where it can be combined with oxygen to produce electricity, emitting only water and heat as byproducts. This has led to a growing interest in using hydrogen as a means to decarbonize sectors such as transportation, industrial processes, and power generation. Governments, industries, and researchers are investing in research and infrastructure development to unlock the potential of hydrogen as a sustainable energy source, aiming to reduce greenhouse gas emissions and achieve ambitious climate goals. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 Hydrogen's potential to provide clean energy drives its adoption for decarbonization Governments' commitments to reduce emissions propel hydrogen's role in sustainable energy solutions Industries like transportation and manufacturing seek hydrogen to transition to greener processes Hydrogen offers a means to store excess renewable energy for later use Growing fuel cell technology enhances hydrogen's applicability in various sectors 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬 High production costs hinder widespread hydrogen adoption Limited infrastructure for production, storage, and distribution restricts market growth 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 Favorable policies and incentives boost hydrogen investments and adoption Increased funding supports the development of hydrogen production and distribution networks 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐲 𝐓𝐲𝐩𝐞 Grey Green Blue 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 Chemicals Petroleum Refining Others 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 has emerged as a dominating region in the hydrogen market due to a combination of factors that have positioned it at the forefront of hydrogen production, technology development, and market adoption. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫: Air Liquide Linde Toyota Industries Corporation Hyundai Motor Company (현대자동차) Ballard Power Systems Plug Power Nel Hydrogen ITM Power MCPHY ENERGY SINOPEC Mitsubishi Power FuelCell Energy Inc., 750 Kilowatt Power Plant #acumen #acumenresearchandconsulting #hydrogen #future #power #energy #renewableenergy

P2X and Technologies to Combining the Hydrogen 🔶 Q: What Chemicals are recently produced through P2X? 🔷 A: Projects to combine Hydrogen with CO2 and Nitrogen (N2) separated from air to generate renewable chemicals which listed below are being explored worldwide: 1️⃣ Methane (CH4, TRL 8~9) 2️⃣ Methanol (CH3OH, TRL 5~7) 3️⃣ Ammonia (NH3, TRL 5~7) Moreover, 'emerging P2X pathways' are also being developed such as:  ➡ Direct Ammonia Synthesis ➡ Hydrogen Peroxide (H2O2) ➡ Oxy-Hydrocarbon  production by using electrolysis which their current readiness levels are 3 to 5. P.S. To see definitions of Technology readiness levels, refer to the link: https://lnkd.in/dm_D4yHu. #Ammonia #CleanEnergy #CleanSteelProduction #Efuel #ElectroFuel #Energy #EnergyCarrier #EnergyTransition #ExergyAnalysis #FuelCell #FutureofSteel #GreenAmmonia #GreenEnergy #GreenFertilisers #GreenFuel #GreenMethanol #GreenSteel #HydrogenEconomy #HydrogenEnergy #HydrogenMetallurgy #IndustrialSustainability #LowCarbonSteel #Methane #P2X #PowertoX #PowerX #PtX #RenewableEnergy #RenewableEnergyZone #RenewableHydrogen #Rez #SeawaterElectrolysis #SteelIndustry #SustainableSteel #SynFuel #SynGas #SyntheticFuel

🌍 Energy Institute has published new guidance on green hydrogen production. The potential for low carbon hydrogen — produced through electrolysis using renewable energy or biomass gasification is increasingly recognised for its potential role in decarbonising our economy. Green hydrogen can be utilised in various ways: - 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥 𝐟𝐞𝐞𝐝𝐬𝐭𝐨𝐜𝐤: Conversion to ammonia for agriculture or as a marine fuel. - 𝐅𝐮𝐞𝐥: For hard-to-decarbonize sectors like transport and heating. - 𝐄𝐧𝐞𝐫𝐠𝐲 𝐬𝐭𝐨𝐫𝐚𝐠𝐞: For power generation. Scaling up green hydrogen production will require the development of production plants, either co-located with renewable power sources such as onshore and offshore wind farms or with hydrogen users. The Energy Institute’s publication offers high-level guidance for developers and operators of green hydrogen production plants, addressing key topics including: - Certification schemes for green hydrogen. - Design considerations for electrolysis and bio gasification. - Co-location with power-generating plants or end users. - Business models, including power-purchase agreements. - Construction and operational requirements. - Relevant standards and regulations from the UK, US, and EU. - Managing fugitive emissions. This guide is an essential resource for business planners, project managers, engineers, HSE managers, and designers - providing an in-depth introduction to green hydrogen production. ‘Guidance on green and low carbon hydrogen production’ is available here: https://lnkd.in/e6FKt_vs Watch our pre-launch webinar where authors DNV discuss the publication: https://lnkd.in/eZhA-JSZ #HydrogenEconomy #GreenHydrogen #RenewableEnergy #Sustainability #Decarbonisation #EnergyTransition #CleanEnergy