Monat: Februar 2023

Hamburg Sets the Pace: Banning Petrol-Powered Taxis and Promoting Electric and Hydrogen-Powered Vehicles

Hamburg Sets the Pace: Banning Petrol-Powered Taxis and Promoting Electric and Hydrogen-Powered Vehicles

Hamburg is set to become the first German state to ban petrol-powered taxis from 2025. 12% of Hamburg’s taxis are already electric or hydrogen-powered, and the city is aiming to save 25,000 tonnes of CO2 each year by electrifying its entire fleet. The ‚Zukunftstaxi‘ project has been a success, with positive feedback from both business owners and passengers.

In summary, Hamburg is leading the way in Germany for reducing emissions from transportation by banning petrol-powered taxis and promoting the use of electric and hydrogen-powered vehicles. The Zukunftstaxi project has been a success and has received positive feedback from all stakeholders.

Emissions Reduction Strategies

In order to reduce emissions, there are a number of strategies that can be employed. These include energy efficiency improvements, the use of renewable energy sources, and the implementation of carbon pricing. Energy efficiency improvements involve reducing the amount of energy used for a given task or increasing the efficiency of existing systems. Renewable energy sources such as wind and solar can replace fossil fuel sources, thus reducing emissions. Carbon pricing involves placing a cost on carbon dioxide emissions in order to incentivize businesses to reduce their emissions. By implementing these strategies, we can make strides towards reducing our overall emissions and helping to protect our environment.
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Picture source: Ronnie George

Brandenburg’s Push for Climate-Neutral Production: Minister of Economics Pushes for 1000 Kilometer Hydrogen Transport Network

Brandenburg’s Push for Climate-Neutral Production: Minister of Economics Pushes for 1000 Kilometer Hydrogen Transport Network

Brandenburg’s Minister of Economics, Jörg Steinbach, is pushing for the quick construction of a 1000 kilometer long hydrogen transport network in order to make the state a leader in climate-neutral production. The network would start in 2030 with 687 kilometers and expand to 1102 kilometers by 2045. It would cost 1.2 billion euros and be used to supply large steel, glass, cement and chemical industry sites with hydrogen as well as heating power plants with the climate-friendly energy source. The project will need to be completed by 2028 according to EU regulations and will be funded by both imports from Rostock and Lubmin ports as well as hydrogen electrolysis produced from wind and solar parks located in the Lausitz region and Northern Brandenburg.

In summary, Brandenburg’s Minister of Economics is pushing for the quick construction of a 1000 kilometer long hydrogen transport network that will cost 1.2 billion euros in order to make the state a leader in climate-neutral production. The project needs to be completed by 2028 according to EU regulations and will be funded by imports from Rostock and Lubmin ports as well as hydrogen electrolysis produced from wind and solar parks located in the Lausitz region and Northern Brandenburg.

The Benefits of Hydrogen

Hydrogen is a versatile and abundant element that has the potential to be an important part of our energy future. It can be used in fuel cells to generate electricity, and it can also be used as a clean burning fuel for cars, trucks, buses, and boats. Hydrogen is also a key component in the production of ammonia, which is essential for making fertilizer. Additionally, hydrogen can be used to store energy from renewable sources like solar and wind power. The benefits of using hydrogen are numerous: it’s clean burning, efficient, abundant, and cost-effective.
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Picture source: Ronnie George

Hamburg Takes Bold Step Towards Climate Protection with Ban on Combustion Engine Taxis

Hamburg Takes Bold Step Towards Climate Protection with Ban on Combustion Engine Taxis

Hamburg has introduced a new Climate Protection Law which bans combustion engine taxis from its streets. Verkehrssenator Anjes Tjarks unveiled plans to accelerate the electrification of taxi fleets in the city, where 25 Toyota Mirai cars powered by hydrogen will be granted a concession. The Senator also announced that from 2025 onwards, only emissions-free vehicles will be allowed for passenger transportation, including Sammeldienste, Uber and shuttle services.

Climate Protection Through Renewable Energy

Climate protection is a critical issue facing our planet today. To help reduce the effects of climate change, it is important to transition away from fossil fuels and towards renewable energy sources such as solar, wind, and geothermal power. These renewable energy sources are not only better for the environment, but they can also be cost effective when implemented in the right way. By investing in renewable energy sources now, we can make sure that future generations have access to clean and affordable energy while helping to protect the planet from further damage caused by climate change.
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Picture source: Sharon Pittaway

The European Parliament’s Proposal to Phase Out Wood as an Energy Source by 2030: An Interview with Dominik Bigge

The European Parliament’s Proposal to Phase Out Wood as an Energy Source by 2030: An Interview with Dominik Bigge

The European Parliament has proposed that wood loses its status as a renewable energy source by 2030. This could have implications for municipalities, industry and private households. We spoke to Dominik Bigge, Climate Protection Manager at the Forchheim District Office, to find out more about this potential shift from wood to hydrogen as an energy source.

Harnessing Renewable Energy

Renewable energy is energy that is generated from natural sources, such as the sun, wind, water, and geothermal heat. These sources are naturally replenished and can be used to generate electricity or to provide heating and cooling for homes and businesses. Renewable energy sources have many advantages over traditional fossil fuels, including reduced air pollution, lower greenhouse gas emissions, and greater energy security. Additionally, renewable energy technologies can create jobs in the clean energy sector while helping to reduce our dependence on non-renewable resources. Renewables are becoming increasingly cost-competitive with conventional forms of power generation, making it an attractive option for many countries around the world.
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Picture source: Ronnie George

Green Hydrogen: The Key to Decarbonizing the Economy and Securing Global Security

Green Hydrogen: The Key to Decarbonizing the Economy and Securing Global Security

Climate change is the biggest global security threat of our time and green hydrogen will play a key role in decarbonizing the economy. According to a recent study by Deloitte, the US will remain the most influential nation, only challenged by China, while Russia and the Middle East will lose importance for energy security. This will give the EU more opportunities to secure its energy base in the future. The US will be able to supply itself with green hydrogen and provide its allies with energy, while China is expected to become the largest producer of green hydrogen but won’t be self-sufficient until 2050. Europe’s main dilemma lies in its dependence on imports from North Africa, which could become a key factor for its political and economic security if partnerships are formed between Europe and its neighbors.

The Impact of Climate Change

Climate change is a global issue that has been impacting the planet for decades. Rising temperatures, melting ice caps, and extreme weather events are just some of the effects that climate change is having on the environment. Human activities such as burning fossil fuels and deforestation are contributing to an increase in greenhouse gases which trap heat in the atmosphere and cause global temperatures to rise. This can lead to more frequent and severe storms, droughts, floods, heat waves, and other extreme weather events. It is important for everyone to take action now to reduce emissions and mitigate the effects of climate change before it’s too late.
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Picture source: Karsten Würth

Successful Testing of Hydrogen Gas Storage in Underground Caverns in Etzel, Germany

Successful Testing of Hydrogen Gas Storage in Underground Caverns in Etzel, Germany

In Etzel (Landkreis Wittmund), Germany, a research project called H2CAST Etzel has been conducted to test the storage of hydrogen gas in underground caverns. For two months, several thousand normal cubic meters of hydrogen were stored in an underground test cavern to check its tightness. According to the operator Storag, the process was successful and there were no problems. The next step is to test the loading and unloading of hydrogen between two caverns. This project is funded by the state of Niedersachsen with 8 million euros and is expected to be completed by 2026. It is the first project of this kind for hydrogen storage in Niedersachsen.

In summary, this article discusses a research project in Etzel, Germany that tests the storage of hydrogen gas in underground caverns. The process was successful and further testing on loading and unloading between two caverns will be conducted. The project is funded by Niedersachsen with 8 million euros and is expected to be completed by 2026.

Hydrogen is a Vital Component of the Environment

Hydrogen is the most abundant element in the universe and plays an important role in our environment. It is present in all organic molecules, making it essential for life on Earth. Hydrogen can be used as a clean-burning fuel, helping to reduce greenhouse gas emissions, and as a source of energy for many industrial processes. Additionally, hydrogen can be used to produce electricity and heat through fuel cells, making it an important tool in the fight against climate change. Hydrogen’s versatility makes it one of the most important elements on Earth today.
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SFC Energy Reports Record Growth for 2022 and Expects Further Expansion in 2023

SFC Energy Reports Record Growth for 2022 and Expects Further Expansion in 2023

SFC Energy, a company based in Brunnthal, Germany has reported an increase in revenue from 64.3 million euros to 85.2 million euros for the year 2022. Additionally, their profits have increased from 6.2 million euros to 8.2 million euros on an adjusted basis and the order intake has risen from 89 million euros to 127 million euros. This growth reflects the high demand for EFOY hydrogen and methanol fuel cells as well as an improved market environment in their core target industries of clean power management. The company is expecting further strong growth in 2023 with revenues between 103 and 111 million euro, adjusted EBITDA between 8.9 and 14.1 million euro, and adjusted profit before taxes between 3.4 and 8.6 million euro.

Growth is Essential for Success

Growth is an important part of success, both in business and in life. Whether it’s a business growing its customer base or an individual striving to reach their goals, growth is essential for progress. Growth can be physical, such as expanding a business or improving fitness levels, or it can be mental, such as gaining knowledge or developing new skills. Whatever form it takes, growth is necessary to move forward and reach success. Investing time and effort into growth helps ensure that the future will be brighter than the past.
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Picture source: Richard Horvath

Nel ASA Stock Sees Drop After Goldman Sachs Adjustment of Rating and Target Price

Nel ASA Stock Sees Drop After Goldman Sachs Adjustment of Rating and Target Price

Nel ASA is a Norwegian company whose stock has seen significant growth since mid-October. Goldman Sachs analysts have now adjusted their rating for the stock from „buy“ to „neutral“ and raised their target price from 15 NOK to 20 NOK. In response, the stock has dropped 2.4% in Euro terms and 1.3% in NOK terms.

Growth in the 21st Century

In the 21st century, growth is an essential part of any successful business. Companies need to continually adapt and innovate in order to stay competitive. This means investing in technology, research and development, and human capital. Growth also requires having a clear vision for the future and developing strategies to reach those goals. By leveraging data-driven insights, businesses can identify opportunities for growth and develop plans to capitalize on them. With the right approach, companies can ensure continued success in an ever-evolving market.
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EU Commission Proposal to Relax Criteria for Green Hydrogen Production Sparks Controversy

EU Commission Proposal to Relax Criteria for Green Hydrogen Production Sparks Controversy

The EU Commission has proposed new criteria to classify nuclear hydrogen as green. This proposal has been met with criticism from the EU Parliament. The Commission’s proposal relaxes the criteria for green hydrogen production, much to the dismay of some critics. They argue that it could be seen as a free pass for nuclear power.

Green Hydrogen: A Cleaner Alternative

Green hydrogen is a form of clean energy produced through the electrolysis of water. It is an environmentally friendly alternative to traditional fossil fuels, as it does not produce any carbon dioxide emissions. Green hydrogen can be used in many different applications, including transportation and electricity generation. Additionally, green hydrogen can be stored for long periods of time, making it a viable option for renewable energy storage. With its ability to reduce emissions and provide reliable energy storage, green hydrogen is becoming increasingly popular as a cleaner alternative to traditional fossil fuels.
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EU Proposal to Classify Nuclear Hydrogen as ‚Green‘ Sparks Controversy

EU Proposal to Classify Nuclear Hydrogen as ‚Green‘ Sparks Controversy

The European Union has proposed to classify hydrogen produced from nuclear energy as ‚green‘ under certain conditions. This is part of their plan to produce 10 million tons of ‚green‘ hydrogen by 2030. The proposal has caused tension between Germany and France, as Paris wants to use ‚red‘ hydrogen produced from nuclear energy and Berlin prefers ‚green‘ hydrogen from renewable sources. Critics argue that this proposal will impede the energy transition and increase the risk of nuclear power. The EU Parliament and Member States have two months to review the proposal, however it is unlikely that it will be rejected.

Green Hydrogen and Renewable Energy

Green hydrogen is a type of clean energy that is generated through the electrolysis of water using renewable energy sources such as solar, wind, or hydroelectric power. This process produces zero emissions and no waste, making it an attractive option for those looking to reduce their carbon footprint. Green hydrogen can be used in a variety of applications from powering vehicles to providing fuel for industrial processes. Its versatility and environmental benefits make it an increasingly popular choice for those looking to invest in renewable energy sources.
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Picture source: Richard Horvath