Hydrogen Fuel Cell Market in Europe

 Nel Hydrogen, Ryse Hydrogen, Plug Power, Ballard Power Systems, Hexagon Composites, Faurecia, and Michelin are leading suppliers of hydrogen fuel cells in Europe. On the other hand, Hyundai Motor Company, Asda, Carrefour, BMW Group, and Wrightbus are customers of hydrogen fuel cells in Europe.

Suppliers of Hydrogen Fuel Cells in Europe

Nel Hydrogen

  • Founded in 1927, Nel is a dedicated hydrogen company that engages in the delivery of "optimal solutions to produce, store and distribute hydrogen from renewable energy." It is involved in the "entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations," offering standard fast fueling to all fuel cell electric vehicles.
  • The global company is headquartered in Oslo, Norway.

Ryse Hydrogen

  • Headquartered in Oxford, England, "Ryse operates affordable hydrogen distribution and dispensing assets as well as renewable-powered electrolyzers," with a focus on supplying buses with hydrogen fuel. The company, which was recently contracted by TfL to deliver hydrogen to 20 hydrogen-powered double-decker buses in London, intends to expand its supply contracts in the bus sector as well as hydrogen-suited modes of transport such as taxis, trains, trucks, and shipping.

Plug Power

  • Headquartered in New York, US, Plug Power offers clean hydrogen and zero-emission fuel cell solutions to its global customers, including customers in Europe, such as the UK-based supermarket, ASDA, and the France-based FM Logistic.
  • With over 20 years of innovative experience, the company has deployed over 35,000 fuel cell units.
  • Hydrogen Fuel Cell Testing | Protea Ltd

Ballard Power Systems

  • Ballard Power Systems Europe A/S, a wholly-owned subsidiary of Ballard Power Systems Inc., is one of the top players in the commercial application of fuel cell solutions. It was founded in January 2007 and is headquartered in Hobro, Denmark.
  • The company focuses on three key business areas, including supporting transit buses, providing technology solutions, and critical infrastructure to its customers.

Hexagon Composites

  • With its headquarters in Aalesund, Norway, Hexagon Composites ASA is one of the leading suppliers of composite pressure cylinders for gas applications in the world. Founded formally in 2000, It operates offices and specialized production units in Germany, Norway, the US, Canada, and Brazil. Hexagon has become a global leader in clean energy solutions through years of acquisitions and organic growth.
Other suppliers include Faurecia and Michelin.

Customers of Hydrogen Fuel Cells in Europe

Hyundai Motor Company

  • Hyundai is one of the world's fastest-growing car manufacturers globally. The company aims to be a leading manufacturer of future mobility vehicles and provider of mobility solutions. It currently offers a wide variety of electrified power trains, including hybrid and plug-in hybrid models, as well as "ground-breaking electric vehicles and fuel cell cars."
  • The company recently awarded Faurecia a four-year contract to supply fuel cell electric vehicle storage systems that will equip around 1,600 Hyundai heavy-duty fuel cell trucks. These trucks will be "delivered to Hyundai Hydrogen Mobility in Switzerland, a newly-created joint venture between Hyundai and H2 Energy to spearhead hydrogen mobility in Europe."

Asda

  • Founded in 1949, Asda, a wholly-owned subsidiary of Walmart Inc., is the third-largest supermarket retailer in the UK with over 15% market share.
  • On August 3, 2020, Asda announced its partnership with Plug Power, which would provide "Asda with hydrogen fuel cell solutions to power the lift truck fleet within the retail giant’s extensive supply chain network."

Carrefour

  • Carrefour Group, a French multinational company, is the world's largest hypermarket chain by size, second-largest retailer by revenue, and third-largest by profit after Wal-Mart and Tesco.
  • In addition to its existing fleet of 80 fuel-cell-powered lift trucks, the company deployed 137 new hydrogen fuel-cell powered electric forklifts in its new distribution center in France. The company's "fleet is the largest number of hydrogen forklifts in use in a single facility in Europe."
  • Carrefour is one of Plug Power's customers in Europe.

BMW Group

Wrightbus

  • Headquartered in Northern Ireland, UK, Wrightbus designs and manufactures buses of all ranges for the European market, including small and mid-sized buses, full-size single deckers, double-deckers, and articulated buses, as well as Bus Rapid Transit. The company can manufacture all its "vehicles with either Euro 6 diesel or alternative drivelines, including hybrid-electric, plug-in electric and induction power transfer."
  • Wrightbus plans to introduce 3,000 hydrogen fuel cell electric buses in the UK by 2024, to be produced in its factory in Ballymena, Northern Ireland.
  • Wrightbus has worked with suppliers such as Ballard Power Systems and Hexagon, to expand its offering of fuel cell buses in Europe.

Important Players in the Hydrogen Fuel Cell Market in Europe

Hydrogen Council, Hydrogen Europe, The European Clean Hydrogen Alliance, and H2Bus Consortium are the players identified as important in the hydrogen fuel cell market in Europe. No specific regulations or regulatory boards were identified. However, the EU-funded flagship project, HyLAW, was created to identify and remove legal barriers to the deployment of fuel cells and hydrogen applications in Europe.

Hydrogen Council

  • Headquartered in Brussels, Belgium, the Hydrogen Council is a global CEO coalition for hydrogen and fuel cell technologies, that brings together governments, large multinationals, innovative SMEs, and investors. Collectively, it represents total revenues of over €18.9 trillion and over 6.5 million jobs globally. Since its establishment in 2017, the coalition has expanded rapidly to include 92 members, up from 53 members in 2018, indicating a surging interest in global hydrogen and fuel cell deployment.
  • Through its global reach, the Hydrogen Council promotes collaboration between stakeholders and guides the accelerated deployment of hydrogen solutions globally. It "acts as a business marketplace, building a comprehensive hydrogen economy and shifting the perception of hydrogen globally."
  • It also "serves as a resource for safety standards and an interlocutor for the investment community, while identifying opportunities for regulatory advocacy in key geographies."

Hydrogen Europe

  • Hydrogen Europe is an umbrella association that represents the European hydrogen and fuel cell sector, including 134 industry companies across the entire value chain, 73 research organizations, and 19 national associations.
  • It engages in the promotion of "hydrogen as the enabler of a zero-emission society."
  • Hydrogen Europe "partners with the European Commission in the innovation program, Fuel Cells and Hydrogen Joint Undertaking (FCH JU)," and supports the Hydrogen Council.
  • It also coordinates HyLAW (Hydrogen Law), an EU-funded flagship project with 23 partners, including 18 European countries, aimed at identifying and removing legal barriers to the deployment of fuel cells and hydrogen applications.

The European Clean Hydrogen Alliance

  • Announced by the European Commission as part of Europe's new industrial strategy in March 2020, the "alliance aims at an ambitious deployment of hydrogen technologies by 2030, bringing together renewable and low-carbon hydrogen production, demand in industry, mobility and other sectors, and hydrogen transmission and distribution." The alliance, which is open to stakeholders from the public and private sectors, will serve as a tool for the EU to build its global leadership in this domain, in tandem with its commitment to reach carbon neutrality by 2050.
  • Following the announcement, Jesper Themsen, president and CEO of Ballard Europe, said that the alliance "represents a bold step by the European Commission to move aggressively forward toward deployment of substantial hydrogen production and distribution capability, together with the deployment of Fuel Cell Electric Vehicles, which we see as an important part of the carbon-neutral solution for Europe and globally."

H2Bus Consortium

  • Formed by key players in hydrogen fuel cell electric value chain, including Everfuel, Wrightbus, Ballard Power Systems, Hexagon Composites, Nel Hydrogen, and Ryse Hydrogen, the H2Bus Consortium aims to deploy "1,000 hydrogen fuel cell electric buses, along with supporting infrastructure, in European cities at commercially competitive rates."
  • It "provides the complete package, including fuel cell buses and hydrogen fuel, "and aims "to offer the most affordable zero-emission bus to meet the increasing demand in the largest cities in Europe."

Post a Comment