business plan for a hydrogen energy

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A surprising number of photographers never write a photography business plan. If you plan to embark on a career as a freelancer, you need a plan. A business plan is a road map to success. It outlines your business-related goals and how you intend to achieve them. There is no need to have a very formal business plan. But the components of a traditional business plan can help you be more specific about your goals. This way, you are more likely to achieve them.

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Business plan for a hydrogen energy

Our technology allows people and businesses to make everyday use of hydrogen, the most abundant element in the universe. We believe simplicity is key. This can be a real challenge when dealing with complex technologies, but we believe being a customer of Nel should be simple, with a complete solution that meets your requirements.

We value technology that is easy to operate, has a long lifetime, low cost of ownership, and is hassle-free for the end user. Simplicity is the guiding star in our business and values:. We put our hearts into what we do and are uncompromising when it comes to safety and product excellence. We lead the way in our industry, accelerating the energy transition; turning what used to be impossible into reality. Our Code of Conduct is based on principles of business ethics which are fundamental to Nel.

The Code of Conduct includes mandatory requirements for everyone who works in Nel or acts on behalf of Nel. Compliance with applicable national and international laws and regulation is mandatory for all our activities. Further, we must ensure that we conduct our business with the highest integrity, respecting the cultures, dignity, and rights of individuals in all the regions where we operate.

The Code of Conduct is our guide to ethical business practice. If anything is unclear or you have any questions about the Code of Conduct, you should seek guidance from your manager or other internal resources. Any report of concern can be done through one of our reporting channels. Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. We serve industries, energy and gas companies with leading hydrogen technology.

Our roots date back to , and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Today, our hydrogen solutions cover the entire value chain from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing all fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles — without the emissions.

The first small electrolyser installation at Norsk Hydro, Notodden, Norway. Testing for pure hydrogen to fertilizer production. The largest installation in the world of water electrolysers at Rjukan, Norway, with a total hydrogen production capacity exceeding Starts up a second large scale hydropowered electrolyser plant for supplying hydrogen to ammonia production, in Glomfjord, Norway.

Our renowned electrolyser technology made available for other companies and other industries. Nel acquires H2 Logic, adding world leading hydrogen fueling technology to the product portfolio. He has a background of 15 years in senior management positions on operations and supply chain management in EagleBurgmann and Danfoss with several years working in Denmark , USA, Canada , and Germany. Duyckaerts comes from the position as head of HR for one of Hydro's business area.

Hans H. Hide joined Nel in March Hide has since held management positions in some of Kvaerner's largest projects within the oil and gas sector. He also has experience from working as a lawyer in the oil and gas division of Arntzen de Besche, as a deputy judge and as a defence counsel. Erdal holds a Cand. Qualifying law degree from the University of Oslo. Smeets has been in the electrolyser industry for more than 10 years and comes from a position as Managing Director for Hydrogenics in Belgium where he was responsible for all Hydrogenics electrolyser activities.

Prior to that he held senior positions in several global industrial companies such as Cabot Corporation and Cytec Industries. He has board experience as both chairman and board member of a number of private and listed companies. Enger is a Norwegian citizen and lives in Oslo. Jebsen born has worked for Mars Inc. From he has been working as a professional board member and chairman of several private and listed companies.

Jebsen is a Norwegian citizen and lives in Oslo. She graduated from Georgetown University in Washington D. Ms Malo de Molina has board experience from listed and private companies both in Norway and internationally, including chairmanship positions. She has management and board experience from both listed and private companies. Blume is a Danish citizen and resides in Juelsminde in Denmark. Falvin born has held various management positions in the tech industry, including e. Since , she works as a professional board member in primarily public companies in the tech sector of the Swedish stock exchange, but also in academia, banking and regional incubators for startups.

She is a Swedish citizen, residing in southern Sweden. Qatar, and Green Energy Geothermal Ltd. He is a Norwegian citizen and resides in Oslo. Developments will enable decarbonization of hard-to-abate sectors such as transport and heavy industry. The Franco-German cooperation will initiate a European ecosystem for electrolysis and hydrogen technology and are supported by the French and German Governments. The partners already identified large scale hydrogen projects to lay the ground for industrial scale electrolyzer systems.

Hydrogen is added to natural gas for a malthouse, which uses it as fuel in its block central cogeneration station. Hydrogen chemical symbol H is a gas. As a molecule H 2 , it occurs only in small amounts in nature and it is mainly chemically bound, such as H 2 O.

Hydrogen is the most abundant element in the universe. They add up to three quarters of the total mass in the universe. Hydrogen has the highest energy density of all conventional fuels by mass: almost three times as high as that of gasoline or diesel.

That is one of the reasons why hydrogen is used as fuel for space travel. By combusting hydrogen, it delivers heat. Used in fuel cells, hydrogen is converted electrochemically to electrical energy. Hydrogen has been produced and used for more than years.

Experience shows that hydrogen can be stored, distributed and converted safely. As early as , the first large-scale use of hydrogen was established for the street lighting system in London. Hydrogen H 2 can be produced in different ways. A more modern and ecofriendly technology for CO 2 neutral production of hydrogen can be offered by electrolysis of water. Hydrogen can be produced from hydrocarbons by steam reforming of natural gas - often referred to as steam methane reforming SMR , coal gasification and from an electrolysis process of water H 2 O.

Hydrogen can be stored in tanks as a compressed gas or as a liquid. Hydrogen can also be stored in caverns or in the natural gas grid for different applications and if the grid fulfils all technological requirements. The volumetric energy density of hydrogen at atmospheric pressure is approximately one third of traditional fuels.

The volumetric energy density can be increased by compression or liquefaction of the hydrogen gas to store and transport a greater amount of hydrogen. For hydrogen-powered vehicles, an industry standard of to bar has been established. Hydrogen can be transported as a compressed gas or a cryogenic liquid. Today, the two main methods for transporting hydrogen primarily in a gaseous state are via tanker e.

Hydrogen is a non-toxic clear gas. It is not poisonous, has no taste or odor. Using hydrogen as a fuel source with fuel cells does not create fumes, pollute the atmosphere with carbon dioxide or emit nitrogen oxides. It is not inherently more dangerous than other fuel sources. Hydrogen is flammable and must be handled with care, just like other flammable fuels.

To ignite, the hydrogen must be combined with an additional oxidizing agent air, pure oxygen, chlorine, etc. If, in a worst-case scenario, the hydrogen ignites, it burns upwards very quickly. It creates no dangerous heat radiation above the accident site, as petrol or kerosene do. The facilities are designed to be permanently leak proof. Flange connections are designed especially for hydrogen and the number of detachable connections are minimized.

Furthermore, in buildings a steady air exchange is ensured and the facilities are equipped with safety valves and pressure reliefs. Additionally explosion prevention zones are designated. Hydrogen can be safely handled and stored as well as transported. The industrial gas industry has done so for over a century.

In contrast to gasoline and natural gas, hydrogen gas has significant buoyancy in atmospheric conditions due to its low density, any leaking hydrogen gas ascends immediately and disperses, which reduces the risk of an ignition in open air. Electrolysis processes can be categorized as follows: alkaline electrolysis with liquid alkaline electrolytes, acidic electrolysis with a solid polymer electrolyte as PEM and high temperature electrolysis with a solid oxide as electrolyte. PEM electrolysis and alkaline electrolysis systems are available at an industrial scale.

The solid oxide electrolysis technology is in an early development phase. PEM is the abbreviation for proton exchange membrane. This membrane is a crucial part of the electrolytic cell in a PEM-electrolyzer. The membrane separates the anode, where the oxygen is collected, and the cathode, where the hydrogen gas is generated.

On average 50kWh are necessary to produce 1kg of hydrogen, depending on the efficiency of the electrolyzer and operation mode. The hydrogen market is divided in three sectors. In the future a redistribution towards the mobility and energy sector is expected. Today, hydrogen is an important industrial gas, i. Hydrogen enables the long-term storage of large quantities of surplus renewable energy. It is allows new ways to use green electricity, i. In the future, hydrogen will be produced to a greater extent using electricity from renewable energy sources.

Furthermore, biogas and various fuels like solid biomass will help to produce green hydrogen in the future. That means that the needed energy to produce hydrogen by electrolysis has emitted zero emissions. Forward-thinking power generation. Utilizing conventional and renewable energy sources efficiently. Haru Oni: Fuel from wind and water. Hydrogen Solutions. Your partner for sustainable hydrogen generation. Explore the Silyzer solution. The power of Hydrogen. Hydrogen — fuel of the future.

Register fo free. Power-to-X What is Power-to-X? Mobility: Power-to-X produces synthetic fuels for immediate application: e-Methane, e-Methanol, e-Diesel, e-Gasoline or e-Jet fuel — ready for instant use. They can be blended gradually with fossil fuels until they fully replace fossil fuels as a primary energy source.

Existing infrastructure such as gas pipelines, gas stations, or storage facilities can be used as well as existing and low-cost consumer applications, powered by e-Fuels. Hydrogen can be cached, transported in gas grids and re-electrified in gas turbines, combined cycles or fuel cell power plants. White papers Good to know Benefit from our know-how by the download of technical papers from Siemens Energy.

The opportunities of hydrogen economy. These chemicals can be transformed, stored, transported and used in various sectors. This sector coupling approach allows to decarbonize applications whose electrification will come to its limits. PEM-Electrolysis — dynamic, efficient, clean. PEM electrolysis also has the following characteristics: High efficiency at high power density High product gas quality, even at partial load Low maintenance and reliable operation No chemicals or impurities.

Portfolio Our Silyzer portfolio: the optimized solution for your requirements Generating sufficient amounts of hydrogen requires innovative solutions — like the Silyzer product family from Siemens, an innovative PEM electrolysis system that uses wind and solar energy to produce hydrogen and is totally CO2-free.

That makes Silyzer twice as useful — and twice as clean. The next paradigm in PEM electrolysis. Silyzer Decarbonize your industry with a system that offers the highest level of efficiency and extraordinary dynamics at a competitive price and with low maintenance requirements, is free of hazardous substances, delivers nothing but pure hydrogen of the highest quality. Download Silyzer data sheet. References Our System in the field.

A step towards making Dubai the city with the lowest carbon footprint in the world by Learn more. Supply grid services via a highly dynamic power consumption. Haru Oni. Energiepark Mainz. Provision of highest-quality hydrogen to regional hydrogen filling stations. Feeding of green hydrogen into the local natural gas grid. Green hydrogen is fed into the local gas network. Further information Information for our customers.

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