10. June 2024

Global Hydrogen Development Highlights for Week 24, 2024

Global Hydrogen Development Highlights for Week 24, 2024
New Fuel Cell Vehicle Honda CR-V e:FCEV Unveiled in Shanghai
Honda is exhibiting the new plug-in fuel cell vehicle CR-V e:FCEV at the 2024 International Hydrogen and Fuel Cell Vehicle Conference and Exhibition. CR-V e:FCEV is a plug-in fuel cell vehicle with external charging function, which not only has the advantages of long range and short hydrogen refueling time of a fuel cell vehicle, but also can be recharged both at home and on the go.
POSCO and Hazer Collaborate to Develop Clean Hydrogen Production Technology for Mild Steel
POSCO and Hazer recently signed a non-binding Memorandum of Understanding (MOU) aimed at collaborating on the development of clean hydrogen production technology for mild steel. According to the MOU signed by the two parties, it is reported that they have developed a program that includes the integration of Hazer's hydrogen production technology into POSCO's mild steel production. In addition, the MOU is for a period of two years, during which the two parties agreed to integrate Hazer's technology into POSCO's steel manufacturing processes and project development agreements.

Canada Plans Vast Network of Hydrogen Plants
Recently, the government of British Columbia, Canada, announced a hydrogen energy project, which is reported to cost C$900 million (about $650 million) to support the construction of 20 local hydrogen fueling stations for hydrogen-fueled vehicles.

Several Japanese companies to launch $1 billion hydrogen energy fund
Recently, a number of Japanese companies have made it clear that they will launch a hydrogen energy fund of 1 billion dollars in size. It is understood that, previously, the Japanese government publicly stated that it plans to invest 3 trillion yen (about 150 billion yuan) in 15 years to promote the popularization of hydrogen energy. It is worth mentioning that Japanese Prime Minister Fumio Kishida has previously committed, according to the bill the government will contribute 3 trillion yen (about 19.24 billion U.S. dollars) to support the promotion of clean hydrogen.

German Ministry of Transportation dismantles hydrogen department
Recently, the news that the German Ministry of Transportation dissolved Department 25, which is responsible for coordinating hydrogen transportation and fuel cell policy, has attracted much international attention. It was reported that German Transport Minister Volker Wissing dissolved the entire hydrogen department after freezing all funds related to hydrogen projects. In response, the German Ministry of Transport said that the reason for the reorganization was a 2023 ruling by the German Constitutional Court: the government is prohibited from spending 60 billion euros (about $65 billion) of the new crown epidemic on the climate transition.

Portuguese government opens first tender for gas pipeline network hydrogen blending project
Recently, the Portuguese government officially opened the first bidding for hydrogen blending projects in the natural gas pipeline network. It is reported that the Portuguese government has officially launched the first green hydrogen and biomethane blending into the national public natural gas network bidding applications, and will be used in the form of "reduced price bidding". According to information released by the Portuguese government, the winning bidder must ensure that the project is online within three years of approval to blend hydrogen into the natural gas pipeline network, which is scheduled for the end of 2025 at the latest.

HPCL has commissioned India's first solid oxide electrolyzer
Recently, Hindustan Petroleum Corporation Limited has commissioned India's first solid oxide electrolyzer. It is reported that HPCL has successfully commissioned India's first Solid Oxide Electrolyzer at its Green R&D Center, which in turn will be used for green hydrogen production. The biggest advantage of solid oxide (SOEC) electrolysis of water for hydrogen production technology is its low power consumption, which is nearly 30% less compared to alkaline tanks and PEMs, and is suitable for high temperature and high pressure steam application scenarios.

Japan and Europe to join forces to set international standards for hydrogen energy use
Reportedly, Japan's Minister of Economy, Trade and Industry, Ken Saito, and in charge of energy affairs of the European Union Commissioner Simson will be held in recent days, when the realization of the popularization of hydrogen energy by 2040 to develop a joint schedule, Japan and Europe are responsible for the research and development of support, safety management, and make up the difference between the price of the existing fuel in the field of counterparts will also be signed separately in the Memorandum of Understanding.