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Hi everyone I'm Steve Hill CEO of new hydrogen today we're getting into the latest hydrogen news including mobile hydrogen storage hydrogen's future in steel making hydrogen for data backup and more so let's get into it
First up Universal hydrogen has successfully demonstrated a mobile hydrogen storage system that can refuel ground equipment at airports without needing dedicated hydrogen infrastr structure this has been a major hurdle for wider adoption of hydrogen and Aviation and the company aims for operational deployment by the end of this year
Next up Politico reports that steel the backbone of our infrastructure poses environmental challenges in its production due to significant carbon emissions during the manufacturing process green steel made using hydrogen is a clean solution with upside as the global green steel Market looks to hit $ 100 billion do by 2030 while European leaders make strides towards zero emission steel us companies are still experimenting with coal-based hydrogen trials raising sustainability concerns the future of American Steel rides on
Expediting cheap green hydrogen production and with increasing demand driven by climate action clean steel production presents both an environmental imperative and a lucrative business opportunity at new hydrogen we believe there's only one way to make truly cheap green hydrogen and we're investing heavily in a radical solution if you want to know more about that stay with me to the end of the segment and I'll explain staying with steel Stanford energy just announced a promising new project
Aimed at decarbonizing steel making their method uses green hydrogen and a special chamber to convert captured CO2 back into fuel for steel production this project could significantly reduce emissions from steel making a major contributor to Global greenhouse gases the project is still in its early stages but it does have the potential to revolutionize the industry speaking of Stanford don't miss our recent podcast featuring Dr Naomi bonis in which she brilliantly dismantles the notion of describing hydrogen
With colors you don't want to miss it check it out at new hydrogen. Next up what does hydrogen have to do with Big Data Centers Honda's answer fuel cell backup systems designed for California data hubs with a secret mission to drive hydrogen car sales with tech giants like Amazon and Microsoft demanding clean backup power Honda's Innovation will use data center demand as leverage to make its hydrogen cars competitive this idea makes sense data centers need clean reliable power and Honda plans on delivering last thing for today Yamaha just showcased
The world's first hydrogen-powered outboard engine at the Miami International Boat Show making a significant stride towards Marine sustainability this aligns with yamaha's goals for carbon neutrality by 2035 Yamaha is set to test the Prototype later this year hoping to deliver a cleaner and more efficient boating experience we see this breakthrough as a positive shift towards a Greener future for marine enthusias worldwide
That's it for this week's news the world does need ridiculously cheap green hydrogen for all kinds of applications and today's hydrogen electrolyzers just aren't going to get us there so what's our solution we call it ThermoLoop using only water and lowgrade heat we're developing an allnew totally sustainable way to make hydrogen learn more at new hydrogen.
Comom and if you like this update please like share and subscribe for more hydrogen news thanks for watching and we'll see you again next time