The topic of hydrogen and fuel cells is also becoming increasingly hotly debated on the stock exchange. The takeover of Hydrogenics, the Canadian frontrunner in fuel cell systems for trucks and rail vehicles as well as for electrolysers, by the US company Cummins Engine, should make people sit up and even trigger a wave of further takeovers or participations of listed companies in the industry.
In January, Eui-sun Chung, the executive vice chairman of Hyundai Motor Company, was named co-chair of the Hydrogen Council. He now heads the organization together with Benoît Potier, Air Liquide’s chief executive and chairman of the council since its founding in 2017. Both stressed the import of creating a zero-carbon hydrogen society.
The Hydrogen Council used the COP23 climate change conference to present a new report titled “Hydrogen, Scaling up.” Featuring contributions by consulting firm McKinsey, it describes a roadmap for advancing the large-scale introduction of hydrogen and assessing its impact on transforming the energy sector. According to the study, the gas could help cut carbon dioxide emissions by nearly 20 percent of the 2050 targets, or around 6 gigatons. (more…)
After one hydrogen filling station had each been installed in Wuppertal and Ulm in summer 2016, another three went into operation last fall. As reported previously (see Three New Hydrogen Filling Stations), the H2 pump at the Metzingen gas station south of Stuttgart came online on Sept. 23. Five days later, however, it had to be shut down again when a truck hit it. Its trailer had been caught in the pump, resulting in at least EUR 60,000 in damage. (more…)
In the 1960s and 1970s, France’s industry and research departments used to be very proactive in fuel cell development. Then, 1974 came to pass and with it the slogan of “all-electric, all-nuclear” (tout-éléctrique, tout-nucléaire). The number of fuel cell projects fell drastically and remained at its low level until about the end of the 1990s. In the meantime, a great many subsidies have gone into nuclear industry developments: Billions were and are being spent through CEA (Commissariat à l’Énergie Atomique) in this field. (more…)
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