Diogenes of Sinope
14 hours ago
BLDP AI Overview
+20
Europe is actively pursuing hydrogen as a key component in its energy transition and decarbonization efforts. The EU aims to produce 10 million tonnes of renewable hydrogen by 2030, alongside importing an additional 10 million tonnes. This push is driven by the need to reduce greenhouse gas emissions, particularly in energy-intensive industries and the transport sector.
Key Aspects of Europe's Hydrogen Strategy:
Renewable Hydrogen Focus:
The EU prioritizes the development and deployment of renewable hydrogen, produced using renewable energy sources like solar and wind power.
Targets and Goals:
The REPowerEU plan sets ambitious targets for hydrogen production and import by 2030.
Policy Support:
The European Green Deal, Net-Zero Industry Act, and Critical Raw Materials Act provide frameworks and support for hydrogen technologies and infrastructure development.
Investment:
The European Hydrogen Bank and other initiatives aim to unlock private investment and create a renewable hydrogen market.
Key Sectors:
Hydrogen is expected to play a significant role in decarbonizing energy-intensive industries like steel, chemicals, and cement, as well as transport sectors, including heavy-duty vehicles and maritime transport.
Production and Import:
While renewable hydrogen is the priority, the EU also acknowledges the role of low-carbon hydrogen in the near- to medium-term.
Infrastructure Development:
The EU is working on building a hydrogen infrastructure, including pipelines and refueling stations, to facilitate the transportation and distribution of hydrogen.
International Cooperation:
The Clean Hydrogen mission of Mission Innovation supports the development of hydrogen valleys worldwide.
Challenges:
Despite progress, challenges remain, including the high cost of renewable hydrogen production and the need for large-scale infrastructure development.
Recent Developments:
EU Enforcement:
The European Commission is taking action against member states that have not fully implemented the RED III directive on renewable hydrogen.
France's Discovery:
A large natural hydrogen reserve was discovered in France, potentially revolutionizing the clean energy sector.
Hydrogen Week:
The European Hydrogen Week event in Brussels will bring together leaders and stakeholders to discuss the latest developments in the hydrogen sector.
Overall, Europe is actively working towards a hydrogen-based economy, but significant challenges and opportunities remain in the path towards achieving its ambitious goals.
BLDP-GLTA
BottomBounce
1 month ago
As of May 13, 2025, the United States imposes the following tariffs on Canadian goods:
25% tariff on most Canadian imports, including steel, aluminum, automobiles, and certain auto parts (e.g., engines, transmissions, powertrain parts, and electrical components). These tariffs were implemented starting March 4, 2025, with automobile tariffs effective from April 3, 2025, and specific auto parts tariffs effective from May 3, 2025.
10% tariff on Canadian energy exports, such as crude oil, natural gas, and other energy resources, also effective from March 4, 2025.
Goods compliant with the United States-Mexico-Canada Agreement (USMCA) are exempt from these tariffs, covering approximately 38% of Canadian imports to the U.S. For USMCA-compliant automobiles, only the non-U.S. content is subject to the 25% tariff.
On April 2, 2025, the U.S. introduced a 10% baseline tariff on all imports from countries that have not retaliated against U.S. tariffs, but Canada is excluded from this due to its retaliatory tariffs.
$BLDP
BottomBounce
2 months ago
$BLDP Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary power, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training services; and provision of engineering services, product and systems integration services, and related technology transfer for various PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Korea, Spain, Norway, Australia, Japan, and internationally.
BottomBounce
3 months ago
Ballard Power Systems Inc. $BLDP Total Cash (mrq) $606.05M engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.
BottomBounce
3 months ago
$BLDP a multi-year supply agreement from Manufacturing Commercial Vehicles ('MCV', www.mcv-eg.com), a leading commercial vehicle manufacturer based in Egypt, for fuel cell engines totaling approximately 5 MW.
The supply agreement for 50 FCmove®-HD+ engines, and initial order of 35 units, represents the continued growth of the relationship with MCV which started in 2022 with fuel cell engine integration support and the first fuel cell engine order placed in 2023. Deliveries of the 50 engines are expected between 2025 and 2026 and will initially support projects in the EU.
"We are delighted with this order and the continued engagement with MCV," said Oben Uluc, Vice President, Europe Sales & Marketing at Ballard. "In 2024 we took in 1,600 bus engines orders across 7 OEMs, and this agreement continues the momentum into 2025. As the fuel cell bus market continues to mature, we look forward to the use of Ballard fuel cell engines to decarbonize public transit across the globe."
Today, Ballard powers more than 1,800 fuel cell buses worldwide, which have collectively logged over 200 million miles of operational service. Ballard's fuel cell engines have demonstrated a 99% availability rate and zero reported safety incidents and offer an alternative to diesel engines without compromising on routes, capacity, availability, or refueling times. https://www.prnewswire.com/news-releases/ballard-announces-fuel-cell-engine-order-totaling-approximately-5-mw-for-bus-market-302391020.html
BottomBounce
3 months ago
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. $BLDP
Jack_Bolander
3 months ago
DOS - You are welcome (great handle btw).
It looks like all of the hype and air is exiting the hydrogen balloon. And rightly so.
My firm recently did a "State of the Industry" Client Study on Hydrogen, Here are some of our findings :
- Legacy Hydrogen ; Grey Hydrogen for the petrochemical sector, is the only commercially viable use of hydrogen at scale
- No on-road use of hydrogen has been financially sustainable (cars, trucks, busses, stations)
- No off-road use of hydrogen has been financially sustainable (marine, GSE's, aircraft )
- Hydrogen for Power Generation (Primary, Secondary, Back-Up) is not financially sustainable
- All Four Legacy hydrogen producers have scaled back or cancelled major capital projects involving hydrogen
- Of the 100+ Major Capital Projects involving hydrogen that have been announced to the public, LESS than 10 will be built , with no guarantee of success.
- There are hundreds of new concepts and technologies involving Hydrogen, but NONE are commercially viable at this time
- There are hundreds of new concepts and technologies involving hydrogen which work, but NONE are economic or commercially sustainable
Jack_Bolander
3 months ago
Banger - Yes. This was a comprehensive study.
It is also a confidential client study, so my findings and posts can't go into great detail here.
As to WHEN some hydrogen applications become viable, how high is up ?
There are so many internal and external factors which will determine "when" , that no one really knows for sure.
In an earlier post I did provide the metrics so that anyone here can make their own calculations for Grey/Green Hydrogen Breakeven and ROI's.
The biggest limiting factor for Hydrogen applications are the Laws of Physics and Thermodynamics.
It will always takes more energy to manufacture Hydrogen than the yields produce. Finding raw hydrogen underground, circumvents the manufacturing process, but we have yet to see any meaningful raw hydrogen production.
Jack_Bolander
3 months ago
Hydrogen has a place :
My firm recently did a "State of the Industry" Client Study on Hydrogen, Here are some of our findings :
- Legacy Hydrogen ; Grey Hydrogen for the petrochemical sector, is the only commercially viable use of hydrogen at scale
- No on-road use of hydrogen has been financially sustainable (cars, trucks, busses, stations)
- No off-road use of hydrogen has been financially sustainable (marine, GSE's, aircraft )
- Hydrogen for Power Generation (Primary, Secondary, Back-Up) is not financially sustainable
- All Four Legacy hydrogen producers have scaled back or cancelled major capital projects involving hydrogen
- Of the 100+ Major Capital Projects involving hydrogen that have been announced to the public, LESS than 10 will be built , with no guarantee of success.
- There are hundreds of new concepts and technologies involving Hydrogen, but NONE are commercially viable at this time
- There are hundreds of new concepts and technologies involving hydrogen which work, but NONE are economic or commercially sustainable
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