Analysts at CERAWeek know 2023 oil market predictions didn’t pan out, look to 2024

HOUSTON — The oil market of the past 12 months is not one that analysts at the CERAWeek conference of 2023 would have predicted.

That it has been a surprise to numerous experts and analysts was a recurring theme at a key session at the giant CERAWeek 2024 conference. The panel was titled “Oil Markets in 2024-2025: Abundance or Scarcity?”

Panelists did not definitively answer the question. However, with a prevailing price of more than $80 a barrel for Brent crude, the world’s benchmark, the...

https://www.freightwaves.com/news/analysts-at-ceraweek-know-2023-oil-market-predictions-didnt-pan-out-look-to-2024

Hydrogen mania at key energy conference in ’23 more tempered in ’24

HOUSTON — At CERAWeek’s energy conference in 2023, hydrogen was all the rage. The fuel that is seen by many as eventually the only real pathway for the Class 8 trucking sector to join the energy transition away from petroleum was coming off a legislative victory in Washington with the passage of the Inflation Reduction Act (IRA) and its generous incentives for producing hydrogen from renewable fuels, so-called green hydrogen.

A year later, at CERAWeek 2024, a parade of presenters at the...

https://www.freightwaves.com/news/hydrogen-mania-at-key-energy-conference-in-23-more-tempered-in-24

Amogy: Don’t burn hydrogen, split ammonia instead

The future of hydrogen as a transportation fuel has numerous hurdles to climb, but one of the most basic is just how it gets used in an engine.

Most of the focus has been on the debate between combustion — using hydrogen in an internal combustion engine engineered for it — or injecting it into an onboard storage tank where it is then fed into a fuel cell. The fuel cell generates electricity and the waste product is water.

Both have environmental issues. Combustion of hydrogen creates problematic...

https://www.freightwaves.com/news/amogy-dont-burn-hydrogen-split-ammonia-instead

Environmental group raises caution flag on hydrogen’s impact as fuel

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HOUSTON — In the five days of CERAWeek by S&P Global, participants raised questions about hydrogen...

Amazon-funded startup tackles storage issue as key in hydrogen trucking

HOUSTON — Consensus in the hydrogen transportation ecosystem — is it too early to call it an industry? — can be hard to come by.

When it comes to talking about hydrogen fueling trucks, the one widely held belief is the infrastructure challenges remain immense to allow it to be a reliable and extensively available fuel for heavy-duty trucking. 

But there are many questions that first need to be answered about how hydrogen in the truck will work. Will it be injected as a gas or a liquid? Will it go...

Hydrogen fuel cell maker Hyzon eyes small-scale projects to advance

HOUSTON — The new CEO of hydrogen fuel cell maker Hyzon didn’t sound like a man running a company whose future is in doubt. 

In an interview with FreightWaves at the CERAWeek by S&P Global conference here, Parker Meeks deferred questions about current issues Hyzon (NASDAQ: HYZN) is facing over its low stock price and its Nasdaq listing, saying the company was in a blackout period. With the Securities and Exchange Commission having launched an investigation into Hyzon last year, Meeks, who...

https://www.freightwaves.com/news/hydrogen-fuel-cell-maker-hyzon-eyes-small-scale-projects-to-advance

Hydrogen and trucking at CERAWeek: Huge opportunity, enormous costs

At S&P Global by CERAWeek, a festival of everything hydrogen, trucking and the H element was a frequent topic of both general and highly focused presentations on companies’ specific hydrogen-based solutions.

But at a panel covering three major parts of the hydrogen supply chain and featuring providers of the fuel (Chevron), builders of applications (Toyota) and a manufacturer of fuel cells that are key to making hydrogen a reality in trucking (Ballard), presenters said collaboration along the...

What will power ocean vessels under IMO 2050?

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Houston–Four years ago at CERAWeek, discussion of marine fuels focused on IMO 2020, which at that...

Refrigerated trailers California’s next emissions target; Ndustrial gets ready

HOUSTON — While the focus in California regulations might be on the Clean Fleets rule that will start to kick in at the end of the year, a smaller part of the state’s overall emissions regulations of trucking is spurring some new entrepreneurial activity.

What is driving an Ndustrial initiative launched in the past year is a set of new rules regarding trailer refrigeration units (TRUs), according to Jason Massey, the company’s founder and CEO,  who spoke about Ndustrial’s “value proposition” at...

It’s all hydrogen: CERAWeek focuses on potential fuel of the future

HOUSTON — As the topic of hydrogen came up yet again during one of the larger sessions on the first day of CERAWeek, a panelist quipped that the conference perhaps should be renamed Hydrogen Week.

And if the energy transition ever makes it to heavy-duty trucking, that rising focus of the energy industry on hydrogen would be good news, given that hydrogen appears to be the consensus energy source that could power a truck as big as those in the Class 8 category.

The first day of the CERAWeek by S&P...

https://www.freightwaves.com/news/its-all-hydrogen-ceraweek-focuses-on-potential-fuel-of-the-future

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