The Anonymous Widower

JCB Signs Green Hydrogen Deal Worth Billions

The title of this post, is the same as that of this article on the BBC.

This is the first two paragraphs.

Construction equipment maker JCB has signed a deal to buy billions of pounds of green hydrogen, defined as hydrogen produced using renewable energy.

The deal means JCB will take 10% of the green hydrogen made by the Australian firm Fortescue Future Industries (FFI).

JCB are certainly going into hydrogen in a big way.

• They have demonstrated hydrogen-powered construction equipment.
• They have developed technology, so that internal combustion engines can run on hydrogen.
• Lord Bamford’s son; Jo bought Wrightbus and company supplied London’s hydrogen buses.
• Ryze, which is mentioned in the article was founded by Jo Bamford.
• JCB have made a strategic investment in electrolyser company; ITM Power.

I can see JCB making more investments in hydrogen.

In terms of green hydrogen production from renewable energy, I can see three areas providing substantial amounts of green hydrogen.

• Australia from solar and electrolysers. Australia has space and sun.
• Africa from solar and electrolysers. Africa has space and sun.
• Waters around the UK from wind and electrolysers.

As ITM Power have the world’s largest electrolyser factory in Sheffield and have recently raised money to build a second one, they could be the big winner in green hydrogen production.

But I can see JCB making hydrogen-powered equipment all over the world and supplying the hydrogen to run it.l

It should also be born in mind, that JCB know how to dominate a market.

October 31, 2021 - Posted by AnonW | Hydrogen, Transport/Travel | Buses, Fortescue Future Industries, Green Hydrogen, iTM Power, JCB, Jo Bamford, Ryze Hydrogen, Wrightbus