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

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—Andres Angulo, Energy Analyst at GlobalData Despite the high number of partnerships formed between companies as compared to government agencies, investing and raising capital were of the utmost importance to developing the hydrogen economy in 2022. Last year, mergers and acquisitions (M&A) deals reached $24.4 million to over $3,001.1

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LG Energy Solution hosting 3rd round of international competition to identify promising battery start-ups

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LG Energy Solution will host the LGES Battery Challenge 2022, an international competition to identify start-ups for potential investment and collaboration. Through the program, LGES is bringing together battery start-ups to keep pace with the fast-developing industry, as growing number of economies transition to renewable energy.

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Carbon Recycling International and Johnson Matthey collaborate on sustainable methanol

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Carbon Recycling International (CRI) and Johnson Matthey (JM) have agreed on a long-term exclusive catalyst supply agreement for the use of JM’s KATALCO methanol catalysts in CRI’s Emissions-To-Liquids (ETL) CO 2 -to-methanol plants. Conventional methanol production involves fossil feedstocks such as natural gas or coal.

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ICAO establishes 2050 net-zero CO2 emission goal for international aviation

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The International Civil Aviation Organization (ICAO) has established a 2050 net-zero carbon dioxide emission goal for international aviation. —Dan Rutherford, Aviation Director of the International Council on Clean Transportation (ICCT). Countries will develop national measures to cut emissions consistent with ICAO’s goal.

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Ford, U Mich study finds greater greenhouse gas reductions for pickup truck electrification than for other light-duty vehicles

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Cumulative greenhouse gas emissions versus vehicle mileage for (a) internal combustion engine and battery electric sedans, SUVs, and pickup trucks, and (b) hybrid electric and battery electric sedans, SUVs, and pickup trucks. For battery-electric vehicles and internal-combustion-engine vehicles, the breakeven time is 1.2 Woody et al.

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Stellantis Hurricane twin-turbo I-6 cuts emissions, increases fuel economy and is more powerful

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liter, twin-turbo, inline, six-cylinder engine, named Hurricane, that delivers better fuel economy and fewer emissions than larger engines while at the same time generates more horsepower and torque than many competitors’ naturally aspirated V-8 and boosted six-cylinder power plants. Stellantis revealed its new, 3.0-liter, of torque).

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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

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Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus.

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