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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

Hydrogen 473
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SunGas Renewables to build $2B green methanol production facility in Louisiana

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SunGas Renewables Inc. announced the formation of Beaver Lake Renewable Energy, LLC (BLRE), which will construct a new green methanol production facility in Central Louisiana. The BLRE project is SunGas Renewable’s first facility to produce green methanol for Maersk.

Louisiana 284
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Ørsted takes final investment decision on green hydrogen project H2RES

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Ørsted has taken final investment decision on the Danish demonstration project H2RES, which will use offshore wind energy to produce renewable hydrogen. The project is expected to produce its first hydrogen in late 2021 and will be Ørsted’s first renewable hydrogen project in operation. Earlier post.)

Hydrogen 293
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Phillips 66 and H2 Energy Europe form JV to build European network of hydrogen refueling stations: JET H2 Energy

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Phillips 66 and H2 Energy Europe have closed on a 50-50 joint venture to set up and operate a network of hydrogen refueling retail sites in Germany, Austria and Denmark. The new company plans to develop approximately 250 hydrogen refueling stations by 2026.

Hydrogen 186
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Air Liquide inaugurates HyBalance pilot site in Denmark for production of carbon-free hydrogen

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In Denmark, Air Liquide inaugurated HyBalance, a pilot site for the production of carbon-free hydrogen. The facility uses electrolysis technology to balance the electricity grid and to store surplus electricity in the form of hydrogen that will be used in industry and transportation. The electrolyzer, with a capacity of 1.2

Denmark 218
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Ørsted and partners secure funding for H2RES project; offshore wind power to produce renewable hydrogen for road transport

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Ørsted (formerly DONG Energy), Everfuel Europe A/S, NEL Hydrogen A/S, GreenHydrogen AS, DSV Panalpina A/S, Hydrogen Denmark and Energinet Elsystemansvar A/S have been awarded funding of DKK 34.6 The partners will build a 2MW electrolysis plant with appurtenant hydrogen storage.

Wind 259
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Everfuel signs MOU for hydrogen supply to new zero-emission ship concept

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Denmark-based Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero-emission shipping solution. Aktive Energi Anlæg (AEA) as EPC partner for the construction. million from the Danish Energy Agency.

Hydrogen 293