Hydrogen buses, planes and fertilizers

Hydrogen
10 April, 2021

Hydrogen fuel cell electric cars are already on the road. Toyota launched the Mirai sedan, the world’s first mass-market hydrogen fuel-cell vehicle, in late 2014 while Hyundai unveiled its Nexo SUV in 2018. US start-up Nikola created a short-lived buzz with its promise of a hydrogen-fuelled truck before acknowledging it still had a long way to go. The air transport sector is betting on hydrogen to cut 2005 pollution emission levels in half by 2050. Two main paths are being explored at present, the first being directly as a fuel for jet engines, which will mean overcoming serious technical obstacles and modifying the design of aircraft. Even at -253 degrees C (-423 F), hydrogen takes up four times as much space as kerosene, which is what planes use at present. A second possibility is to combine hydrogen with carbon dioxide (CO2) to produce a synthetic fuel that can be used by itself or with kerosene without major engine modifications. The European aircraft manufacturer Airbus has made hydrogen-fuelled planes a strategic priority, and is targeting 2035 as the date for at least one of three concepts to come to fruition. (H2 Planes, 2021)

In India, while Toyota and Hyundai have shown interest in the hydrogen fuel cell-powered car segment, commercial vehicle manufacturers like Tata Motors and Ashok Leyland have shown their interest in the CV segment. Both Tata Motors and Ashok Leyland, two of the major CV manufacturers in India, have been working on developing hydrogen fuel cell vehicles. (NTPC fuel cell project, 2021)

Hydrogen is already widely used in the process of making fertilizer. French industrial gas group Air Liquide estimates that between 2030 and 2040, more than half its hydrogen sales will be to the industrial sector, with another 40 percent going to transportation and 10 percent used for “diverse activities”. In La Mede, southern France, energy companies Total and Engie are working on a solar-powered bio-refinery that is projected to produce five tonnes of green hydrogen a day to be used to make agro fuels. (H2 Planes, 2021)

References:

H2 Planes. (2021, April 3). Retrieved from MoneyControl: https://www.moneycontrol.com/news/business/a-hydrogen-future-for-planes-trains-and-factories-6727041.html

NTPC fuel cell project. (2021, Apr 01). Retrieved from Hindustan Times: https://auto.hindustantimes.com/auto/news/hyundai-tata-motors-toyota-eyeing-ntpc-s-hydrogen-fuel-cell-vehicle-project-41617272421271.html

Startup
24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

Energy
10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches