WeTheMarket
17 hours ago
The Hydrogen Podcast Interview: Insights from OPW Clean Energy Solutions' Felipe Sperduti Machado
The Hydrogen Podcast
1.25K subscribers
Posted Jul 22, 2024
Join us on this episode of the Hydrogen Podcast as we delve into the future of hydrogen with Felipe Sperduti Machado, Senior Director of Hydrogen and Cryogenics at OPW Clean Energy Solutions. Felipe shares his extensive knowledge and experience in the hydrogen industry, discussing key accomplishments, challenges, and innovative solutions in hydrogen refueling and distribution.
Learn how OPW CES is paving the way for a cleaner energy future, and discover the exciting advancements in liquid hydrogen technology and infrastructure. Don't miss this insightful conversation that highlights the potential of hydrogen as a mainstream energy source and OPW CES's role in driving this transformation.
Key Moments:
0:00 - Introduction by Paul Rodden
1:08 - Felipe Sperduti Machado joins the podcast
1:20 - Felipe discusses his journey in the hydrogen industry
2:11 - Key accomplishments at OPW Clean Energy Solutions
2:58 - Overview of OPW CES and its mission
3:33 - Introduction to Acme Cryogenics and Rigo
4:37 - Challenges in liquid hydrogen distribution
6:03 - Addressing safety concerns in liquid hydrogen
7:20 - Importance of standardization in hydrogen refueling
9:13 - Technological advancements in hydrogen distribution
10:09 - Innovative solutions for liquid hydrogen refueling
11:50 - Enhancing capabilities with Acme Cryogenics and Rigo
12:43 - Ensuring reliability and efficiency in hydrogen infrastructure
14:00 - Success stories and significant impacts of OPW CES solutions
15:00 - Future trends and opportunities in heavy-duty transportation
15:54 - Preparing for the demands of a growing hydrogen economy
16:39 - Exciting collaborations and partnerships
17:27 - Key factors for hydrogen's success as a mainstream energy source
18:05 - Predictions for the hydrogen industry over the next decade
19:00 - Closing thoughts and where to find more information about OPW CES
WeTheMarket
5 days ago
Repost from PLUG board, courtesy of B_B!
California receives first $30m tranche of DOE hydrogen hub funding
By Charlie Currie on Jul 18, 2024
California has received the first $30m instalment of federal funding from the US Department of Energy (DOE) to develop its regional clean hydrogen hub (H2Hub).
Having been selected for a total of $1.2bn of H2Hub funding last October, the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) hub has signed a $12.6bn agreement with the DOE to build the hub.
Made up of the $1.2bn from the DOE, ARCHES said $11.4bn of public and private funding funds have been committed to build and expand clean energy infrastructure across the state.
Senior Advisor to Governor Gavin Newsom, Dee Dee Myers, said formally signing the DOE cooperative agreement was a “pivotal milestone” for the state’s drive to carbon neutrality.
“We are eager to put Californians to work building the future – a future powered by clean, renewable hydrogen that benefits all California’s residents,” she added.
One of the seven selected DOE H2Hubs, ARCHES plans to leverage California’s 16 green hydrogen projects, two blue hydrogen schemes, two existing hydrogen pipelines and vehicle refuelling infrastructure to establish 220,000 direct jobs.
https://www.h2-view.com/story/california-receives-first-30m-tranche-of-doe-hydrogen-hub-funding/2112503.article/
WeTheMarket
6 days ago
$47 billion in charging infrastructure needed by 2040 as Canada pushes for greener trucks
July 5, 2024
https://www.trucknews.com/sustainability/47-billion-in-charging-infrastructure-needed-by-2040-as-canada-pushes-for-greener-trucks/1003186895/
The number of zero-emission medium- and heavy-duty vehicles (MHDVs) is projected to reach 414,000 by 2030 and 2.4 million by 2040 to meet the federal target of 100% zero-emission MHDVs by 2040, according to the study on the country’s EV charging infrastructure, recently released by Natural Resources Canada. While the adoption of zero-emission MHDVs in Canada is currently in its early stages, it is expected to grow rapidly over the next decade.
Public MHDV charging demand is expected to grow from nearly zero today to 41,000 ports by 2030, 120,000 by 2035, and 275,000 by 2040, the study reads, adding that battery EVs are expected to dominate the zero-emission MHDV market, with numbers reaching 414,000 in 2030 and 2.4 million by 2040.
. . .
WeTheMarket
7 days ago
DNU, a great question, one that I've been tempted to post myself, but hesitated because I want to stay out of political issues. Many green energy (including hydrogen) stocks I invested in, experienced a tremendous boost when Biden was elected, but have since lost all the gains and are now actually significantly lower, some went bankrupt, others are on the verge. That's the reason why I'm not sure who would be better, or if it would make any difference at all.
WeTheMarket
7 days ago
DNU, the post was referring to the following quote:
"For a limited time, Odin is offering no out of pocket cost conversions when qualifying customers sign up for fuel subscription programs. With over 100,000 trucks already enrolled, you can learn more and make your reservation at www.odinenergygroup.com."
Source https://hydrogen-central.com/odin-energy-solutions-partners-with-locatorx-to-provide-real-time-visibility-for-its-new-hydrogen-fueling-network/
Definitely, it's companies/customers making projections, how long it's going to take to get there, I don't know.
WeTheMarket
1 week ago
Another post from PLUG board courtesy of B_B!
The Hydrogen Tax Credit Rules Are Effectively Dead
The “three pillars” are crumbling.
EMILY PONTECORVO JULY 15, 2024
Few aspects of Biden’s climate law have spurred more controversy than the “three pillars” — a set of rules proposed by the Treasury Department for how to claim a lucrative new tax credit for producing clean hydrogen. Now, it appears, the pillars may be poised to fall.
…..
But lately, the campaign to dismantle the pillars has gotten both more forceful and more threatening. There’s the politically challenging hurdle that leaders of another federally-funded hydrogen program — the regional clean hydrogen hubs — have spoken out against the rules, arguing they threaten investment in hub projects and therefore job creation and economic development around the country. Then there’s the recent Supreme Court decision to overturn the precedent known as Chevron deference, which weakened agencies’ ability to defend their own rules and thereby emboldens any aggrieved parties to sue the Treasury if it keeps the pillars in place. Last week, 13 Democratic Senators, 11 of whom hail from states involved in the hubs, sent a letter calling on Treasury Secretary Janet Yellen to dramatically revise the rules or risk having them challenged in court.
…..
“They're losing advantage over other parts of the world,” Hector Arreola, a principal analyst for hydrogen and emerging technologies at Wood Mackenzie told me. Momentum to develop hydrogen projects has started to shift back to Europe, which has already finalized its own definition of what constitutes clean hydrogen, he said.
…..
It’s hard to imagine a path forward for the Treasury to keep the three pillars intact. Last week’s letter outlined the current state of play in stark terms. “Without significant changes to the draft guidance,” it said, “one of the most powerful job creation and emission reduction tools in the IRA will likely be hamstrung by future court challenges, Congressional opposition, and unfulfilled private sector investment.”
…..
“People can always sue today to challenge regulations,” Keith Martin, a renewable energy tax lawyer at the firm Norton Rose Fulbright told me. “It's just that the odds of success have increased.” The Supreme Court’s ruling undermines regulatory agencies’ authority to interpret federal statute.
Another hydrogen company that has been fighting the three pillars, Plug Power, has already claimed victory: It put out a press release last month declaring that it anticipates receiving the tax credit, despite the fact that the rules are still not final and its projects would likely not qualify under Treasury’s proposal. The CEO, Andy Marsh, told a hydrogen trade publication that he’s “certain” the rules will be loosened. (Plug Power didn’t respond to a request for clarification by press time.)
…..
There’s also a realpolitik argument here that the industry might want this all to be over more than it wants to kill the three pillars. “The number one thing people want is business certainty,” Esposito told me. “I don't think people want this to drag on for another two years.”
https://heatmap.news/economy/hydrogen-tax-credit-rules
WeTheMarket
1 week ago
Repost from PLUG board, courtesy of B_B!
With over 100,000 trucks already enrolled
Odin Energy Solutions Partners with LocatorX to Provide Real-Time Visibility for Its New Hydrogen Fueling Network
July 15, 2024
Odin Energy Solutions Partners with LocatorX to Provide Real-Time Visibility for Its New Hydrogen Fueling Network.
LocatorX, the trusted supply chain intelligence provider, today announced an exclusive agreement with Odin Energy Solutions to ensure real-time visibility for all of Odin’s hydrogen fueling stations throughout North America. Odin, providing America’s Leading Energy Solutions, is building a North American hydrogen fueling network to bring easy access to hydrogen everywhere in the United States and Canada at a price point less than diesel solutions over lifetime.
…..
Odin’s hydrogen conversion program supports the company’s mission to ‘make it easy to convert to a beautiful, clean future.’ By signing up for hydrogen fuel subscriptions at a cost less than diesel, Odin will convert diesel trucks to hydrogen or subsidize purchase of new purpose-built hydrogen trucks at little or no cost to carriers and qualifying independent truckers.
…..
Steven Minard, CEO of Odin Energy Solutions, commented:
Hauling up to 25% more freight, cheaper operation and maintenance, no more DEF, no vapor lock, no issues with cold weather start – hydrogen is just better.
…..
For a limited time, Odin is offering no out of pocket cost conversions when qualifying customers sign up for fuel subscription programs. With over 100,000 trucks already enrolled,
…..
https://hydrogen-central.com/odin-energy-solutions-partners-with-locatorx-to-provide-real-time-visibility-for-its-new-hydrogen-fueling-network/
Donotunderstand
1 week ago
oops
so Phase Two is finished and paid for (cash flow -- with likely some debt but done)
?
I still had the Phase 1 2,500 in my head --- not 10,000 a shift
If NKLA can build 10,000 in one shift --- then it will be a long while until they need to pay for two shifts
Simple - wild guess math --- 1,200 built a year (inside 10,000 capacity) sold at 400,000 each
That is GROSS revenue of 480,000,000
If I use instead 1,000 built in a year - and at 300,000 each - that is GROSS revenue - SALES revenue of 300 Million
I wonder how far away they are ?? from ability (for real?) and demand
Do you have a guess - yes a guess - of how many trucks NKLA can produce and sell in Q3 - maybe 150 to 200 or ?
I still suspect there will be one more round of equity sales but that may be the last?
WeTheMarket
1 week ago
DNU, 20,000 trucks per year on two shifts. Source https://www.nikolamotor.com/nikola-corporation-celebrates-the-customer-launch-of-serial-production-in-coolidge-arizona-163, Published April 27, 2022
"Phase 1 of the Coolidge, Arizona manufacturing facility provides Nikola with a production capacity of 2,500 trucks. Construction of the Phase 2 assembly expansion area has begun and is expected to be completed in 2023 with a production capacity of up to 20,000-trucks per year on two shifts."