Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
Search
Related Articles
China mulls hydrogen policy support
Delegates to the country’s ‘two sessions’ raise potential bottlenecks to large-scale deployment without strengthened policy support
Nel takes FID on US electrolyser plant expansion
The manufacturer pushes further into the US with expansion and planned gigafactory, despite heavy losses over 2022
Hydrogen an opportunity for China’s renewables hubs
Wind and solar hubs in the north of the country are planning integrated hydrogen projects amid changing demand from traditional coastal industrial customers
Sinopec launches Inner Mongolia green hydrogen project
Chinese NOC to invest $828mn in project with production capacity of 30,000t/yr
Sinopec opens first methanol-to-hydrogen refuelling stations
Chinese oil firm claims a 20pc cost saving compared to production, storage and transportation of pure hydrogen
GenH2 and HYDS partner on Norwegian liquid hydrogen supply
The US firm will support the Norwegian developer in its plans to supply green hydrogen throughout the Nordic market
Hycc signs 40MW electrolyser order with Nel
Dutch developer aims to take FID on 6,000t/yr green hydrogen project by 2024
Equinor awards H2H Saltend Feed to Linde
The Norwegian energy firm has also tapped BOC for operation and maintenance
John Cockerill eyes regional manufacturing bases
Firm is looking to manufacture electrolysers in the EU, the Middle East, Morocco, China and North America
Hystar secures $26mn in series B
Norwegian PEM electrolyser manufacturer plans to have gigawatt-scale production capacity in place by 2025
Norway China
Paul Golden
25 January 2021
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Ballard: Fresh capital is critical for green H<sub>2</sub>

Ballard Power Systems is looking to ramp up investments in key product areas, while acknowledging that cost reduction is going to be crucial to getting investors onboard for future development

The hydrogen market has beaten all industry forecasts for market adoption over the last 12 months—and this has changed the dynamic between producers and the markets as well as the conversations companies are having with investors, according to Ballard Power Systems CFO Tony Guglielmin. During an analyst call, Guglielmin said this trend is putting stress on providers to find more capital as they try to keep feeding growth and meet forecast demand. “Three or four years ago the conversations with investors would have been about getting to breakeven and growing from there,” says Guglielmin. “Now adding capital has become critical.” He estimates the industry needs to reduce costs by more than two

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Larsen & Toubro licenses Mcphy electrolyser tech for Indian gigafactory
23 March 2023
International electrolyser firms are increasingly partnering with Indian firms to gain foothold in the market
Ammonia cracking could unlock global hydrogen market
23 March 2023
Air Liquide has announced a pilot project at the port of Antwerp, while ammonia cracking technology startup Amogy has secured $139mn from investors including SK and Aramco
Some US projects will meet $1/kg target by 2031 – DoE
23 March 2023
Green hydrogen production costs could fall from $3–6/kg to $1.50–2/kg by 2035, excluding the production tax credit
Net-zero focus critical for hydrogen take-off – Shell
22 March 2023
While hydrogen is expected to play a significant role in energy systems from mid-century, Shell’s latest long-term scenarios anticipate a decade of delay if net zero is deprioritised amid deepening geopolitical tensions

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Hydrogen Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search