In January 2017, a group of 13 CEOs and executives gathered in Davos, Switzerland, to launch the Hydrogen Council, with an ambition to "position hydrogen among the key solutions for the energy transition." More than four years later, no one can argue that the initiative is anything but a resounding success. Whether you believe the frenzy is justified or overhyped, hydrogen is now top of mind for anyone with a stake in the global energy transition.
Using our news commentary feature, we have been tracking key developments in the hydrogen sector. These innovation-related events range from partnerships and investments to recent R&D and policies. Each news commentary includes information about the companies involved and our take on the development.
The news trend analysis is one of the main factors shaping the Lux Energy Team's hydrogen outlook for 2021 and beyond. In the below figure, we analyze the Q3 2021 activity in the hydrogen economy.
Here, in a series of six posts, we will take a look back at the "Truly Disruptive" and "Very Important" developments in the hydrogen economy over the past three months in addition to the most read and discussed innovation-related events. In this post, we focus on developments in industry:
ArcelorMittal plans to invest up to €1 billion in green steel plant in Spain. The company signed an MoU with the Spanish government to build a hydrogen-powered direct reduced iron (DRI) plant and a new electric arc furnace (EAF) unit at its existing Sestao plant in Spain – the converted plant will produce up to 1.6 million tonnes of zero-carbon steel by 2025.
Tata Steel to phase out coal for hydrogen at Dutch steel plant due to harmful emissions. Following a highly critical report by RIVM on the impact of emissions from its steel plant on the health of residents of IJmuiden, Netherlands, Tata Steel has announced that it will adopt DRI technology, phasing out coal in favor of natural gas in the near term and eventually hydrogen.
Haldor Topsoe and Sasol offer integrated solution for e-fuels. Building on their previous collaboration on gas-to-liquid technology, Haldor Topsoe and Sasol are entering the business of e-fuels. The end-to-end solution will combine Haldor Topsoe's e-syngas platform with Sasol's Fischer-Tropsch (F-T) technology to produce synthetic fuels and chemicals from sustainable carbon sources or CO2, green hydrogen, and renewable electricity.
Snam forms partnership to build hydrogen-powered ceramic plant in Italy. Through its MoU with Iris Ceramica, Snam will provide green hydrogen for the high-temperature thermal energy required for ceramic manufacturing. The company will start with a blend of hydrogen and natural gas and eventually increase the blend to 100% hydrogen.
British project trials hydrogen utilization in cement kiln. The project, led by Hanson UK, a subsidiary of HeidelbergCement, successfully tested the use of hydrogen and refuse-derived fuel (RDF) in lieu of coal in a cement kiln.
Did you miss the last post in the series? Check out the hydrogen economy updates in the heat and power space from Q3 2021 here. Stay tuned for the next post covering Q3 developments in mobility.