Creating a hydrogen market from scratch
“Price is price is price. The only way to produce hydrogen very cheaply is if you have baseload power 24/7,” Mussat said.
“Price is price is price. The only way to produce hydrogen very cheaply is if you have baseload power 24/7,” Mussat said.
Shell Ventures principal Bilal Ahmad said he saw more opportunity in “clean energy than I see in oil and gas. As a venture fund, we’ve ceased investing in oil and gas. It doesn’t make sense, from a returns perspective.”
Renewables software developer ENIAN has been awarded half a million pounds to develop a new cost predicting algorithm.
Scottish start-up Mocean Energy has raised £850,000 for a new technology to bring wave power to subsea oil and gas.
A new robotic solution for marine energy biofouling is to be tested at the European Marine Energy Centre (Emec) in Orkney.
Fuel cell technology company Ceres Power has completed a manufacturing scale-up project which will enable high volume production capability as it moves towards mass market commercialisation.
Millions of pounds of funding is available to support innovations which offer cleaner, low-cost and more efficient conventional fuels. Innovate UK is offering £6million to new technologies that increase efficiency, reduce the cost and minimise the environmental impact of coal, natural gas and oil.