Green entrepreneur Jo Bamford has joined forces with multi-family office Vedra Partners to launch HYCAP, a hydrogen investment fund which has set its sights on raising £1bn. The capital, which already stands at more than £200m after the first round of investment, will be injected largely into UK businesses, with the focus on speeding-up green hydrogen production and supply, creating … [Read more...]
Governments must invest to reach zero target
Car makers have called on Governments to invest in electric vehicle charging points and hydrogen stations to ensure zero emission targets are met over coming decades. The EU automobile industry is open to higher CO2 reduction targets for cars in 2030, provided that they are directly linked to binding commitments from member states to roll out the required charging points and hydrogen … [Read more...]
Weeds need removing from our green drive
There are a few weeds to be taken care of as the motor industry, energy providers, related suppliers and authorities take us down the green road towards 2030 and onwards, writes Robin Roberts. The haste and race to have low emission cars and other vehicles on our roads is tripping over some serious issues, notably cost, and not just for vehicles and infrastructure but the expense of losing … [Read more...]
Continuing disagreement over evs “green” credentials
While more and more companies are focusing on electromobility in order to meet climate targets, the scientific community has by no means reached a consensus on what the propulsion system of the future will look like. This is shown in a new infographic from Block-Builders.net (right). The CO2 balance of an electric car looks much less attractive than that of a conventional combustion engine when … [Read more...]
Ineos Grenadier to get fuel cell version
A hydrogen-powered Ineos Grenadier will be introduced after the new 4x4 is launched. Hyundai Motor Company and INEOS announced the signing of a memorandum of understanding to explore new opportunities to accelerate the global hydrogen economy after the Korean company has successfully introduced their own Nexo SUV fuel cell car (above). Hyundai and INEOS will jointly investigate opportunities for … [Read more...]
Clean hydrogen fuel will unlock investments
The future of hydrogen fuels in Europe and how they can boost economies while overcoming coronavirus losses has been mapped out. The European Commission published its hydrogen strategy for a climate-neutral Europe. This strategy brings different strands of policy action together, covering the entire value chain, as well as the industrial, market and infrastructure angles together with the … [Read more...]
Newslines 8 July
Audi is ramping up its ev range with a coupe performance version of the Q4 e-tron. The Sportback will join the new comer next year when the range goes on sale in the UK. About 70,000 drivers a month search for when their MoT test is due, say comparethemarket. It’s the most searched term on their web portal, ahead of a price check on their model’s value and cost of car tax. Environmentalists … [Read more...]
EU adopts hydrogen strategy plan for future
Today, the college of European Commissioners will formally adopt its EU Hydrogen Strategy to help decarbonise the EU economy. This strategy will be launched together with its Strategy on Smart Sector Integration. The hydrogen strategy will outline concrete steps the EU can take to support all aspects of hydrogen production. The integration strategy will aim to better incorporate different … [Read more...]
Hydrogren economy moves nearer realisation
Bosses from leading businesses looking to build a green recovery today vowed to invest £1.5bn in hydrogen technologies as they called on Chancellor Rishi Sunak to lay the foundations for a UK-wide hydrogen strategy. In a letter to the Chancellor the campaign group, Hydrogen Strategy Now, set out a commitment to unlocking investment, creating jobs and slashing emissions. They argue that developing … [Read more...]
EC green energy plan risk to UK economy
Britain will miss opportunities for a greener and more econoically stable future as a result of the European Commission’s €750 billion euro package unveiled this week to put climate change at the heart of the bloc’s recovery from the coronavirus pandemic, according to critics. Billed as the world’s biggest “green” stimulus, it aims to tackle the economic slump, while fulfilling the Commission’s … [Read more...]