The World Business Council for Sustainable Development and the Sustainable Markets Initiative have confirmed that 28 organisations have pledged to grow the hydrogen market.
Announced at COP26, this new initiative, comprising of these companies – H2Zero – will accelerate the use and production of hydrogen as an essential part of the future net-zero energy system.
The Hydrogen Council estimates that in 2030, the decarbonisation potential for hydrogen could equate approximately 800 million tonnes per annum (mtpa) of CO2 emissions avoided. The pledges announced equate to nearly one quarter of this total.
The US Department of Energy (DOE) has revealed a new H2 Twin Cities initiative at COP26 that aims to accelerate hydrogen’s deployment by pairing with international communities.
Under the H2 Twin Cities initiative, any city in any country with a demonstrated commitment to advancing hydrogen and fuel cell technology can express interest to partner and connect with another city.
A five-year plan to build Scotland’s hydrogen economy has been published. Backed by more than £100m of funding, the draft Hydrogen Action Plan sets out the strategic approach the Scottish Government will take.
The first tranche of investment will be a £10m Hydrogen Innovation Fund, to be launched next year to drive technological progress and advance innovation and cost reduction within the emerging sector. Separately, the Scottish Government’s Energy Transition Fund is being expanded to up to £75m to deliver £15m of investment in an Aberdeen Hydrogen Hub.
Additional investment will be made to support the continuing advancement of the technology, including £100,000 to support collaborative industry-academia projects through the Energy Technology Partnership, £150,000 for German-Scottish hydrogen research collaboration, and public and private sector joint funding for a study to explore options for the export of hydrogen from Scotland to Germany.
Chinese largest oil refiner state-controlled Sinopec is on track to launch a production facility for hydrogen used in hydrogen fuel cells at the end of December, in Qingdao city, north China's Shandong province.
Sinopec began construction of the facility, with a 2,250 t/yr output capacity, in July and completed it this month. It also plans to build the second phase of this project, with total capacity projected to rise to 4,500 t/yr by the end of 2023.
The government of Alberta has developed a roadmap to scale up hydrogen production in the Canadian province. The region said it has the capacity to produce 45 million tonnes of hydrogen per year by 2050.
By 2030, the province wants to have US$24 billion of new investments allocated to clean hydrogen production and tens of thousands of jobs generated from construction and operation of hydrogen facilities.
Also, Ottawa is putting $1.35 million into helping Alberta companies engineer and test hydrogen fuel infrastructure, equipment and technologies.