Published by Todd Bush on September 18, 2024
America and Europe have been strong trade partners for hundreds of years. A new venture to ship clean hydrogen across the Atlantic Ocean is set to bring the relationship into a greener and more environmentally friendly era. World and industry leaders are realizing that hydrogen holds the key to averting major climate disasters, and Europe wants 10 million metric tons of it every year by 2030. America’s Gulf Coast states are ready to provide it.
>> In Other News: AFC Energy launches Hyamtec Limited (“Hyamtec”) to Unlock the Global Hydrogen Value Chain
20 corporations have come together to form the H2TC, the Hydrogen Trade Coalition. Major players such as Shell and Apex Clean Energy joined the coalition to demonstrate their commitment to a cleaner planet with a shift away from fossil fuels. These corporations will work with the respective governments of America and Europe to streamline the transportation of hydrogen from America’s Gulf Coast to Northwestern Europe.
The H2TC has ambitious goals. The coalition wants to start shipping hydrogen by 2026. To do that, the corporations involved will need to scale up production on America’s Gulf Coast and ensure that proper infrastructure is in place for transporting the valuable fuel. Participating companies receive benefits from the H2TC, including:
The mission of shipping hydrogen to Europe aims to help American companies scale up production of hydrogen. The demand for hydrogen is booming in Europe, and this collaboration may help keep costs manageable for European entities.
Europe is struggling to increase hydrogen production in the region. Because the continent is relatively more crowded, it’s been difficult to develop the necessary infrastructure. Fortunately, America’s Gulf Coast states already have pipelines in place from the oil trade, and the region has access to low-cost renewable energy such as solar, wind, and hydropower. With these building blocks in place, The Gulf Coast states are ready to power up green hydrogen production to fill Europe’s quota of 10 million metric tons by 2030.
The Biden Administration invested heavily in renewable energy. Considering that the climate crisis is only getting worse, many Americans are keen to transition to green power. With tax incentives from the Inflation Reduction Act, Gulf Coast power companies are looking forward to pursuing clean hydrogen production.
To the casual observer, it may seem as if the world is suddenly obsessed with hydrogen. However, scientists have pointed to this element as a powerful clean energy source for more than a hundred years. The problem is that most hydrogen production is not 100% clean right now because the cheapest way to make it is by reforming natural gas (methane), and the byproduct is CO2.
For the Transatlantic shipping highway to work, Europe will require the production of hydrogen in the U.S. to be cleaner, either low-carbon or zero-carbon emissions. The plan in America is for Gulf Coast states to capitalize on renewable energy sources such as solar and wind to generate electricity for a process called electrolysis, splitting water molecules into hydrogen and oxygen. Embracing clean hydrogen production will help the world avoid a climate catastrophe.
Many industries in the world cannot rely on variable solar and wind energy to keep up with business. That’s why so many companies are shifting their focus to hydrogen, which offers the high combustion temperatures needed in manufacturing and transportation. The H2TC is an innovative collaboration between traditional corporations and green businesses that shows the world is ready to embrace a green future.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside the Issue 🌎 Global Leaders Converge in Edmonton September 23-25 for Carbon Capture Canada as Federal Government Expected to Boost Industrial Carbon Pricing in Fall 2025 ✈️ Delta Partners Wi...
Inside This Issue 📉 EPA Releases Proposal to End the Burdensome, Costly Greenhouse Gas Reporting Program, Saving up to $2.4 Billion 📊 California to Extend Cap-and-trade Program Aimed at Advancing ...
Inside this Issue ✈️ CORSIA Transforms Aviation Compliance Into Market Gold Rush 📉 IEA Cuts 2030 Low-emissions Hydrogen Production Outlook by Nearly a Quarter 🎤 GenH2 Executive Chairman Josh McMor...
More than 5,000 attendees are expected at Canada’s national Carbon Capture, Utilization and Storage (CCUS) convention to address industry opportunities in the sector from geopolitical advantage to ...
1PointFive and NYK Announce Carbon Removal Agreement
Second NYK transaction continues to build momentum for Direct Air Capture as a solution for the maritime sector HOUSTON, Sept. 17, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilizatio...
Led by cornerstone investors Alaska Airlines, American Airlines, with International Airlines Group (IAG), Cathay Pacific, and Japan Airlines from oneworld alliance, and Singapore Airlines as part o...
Eaton to Showcase Technologies for Hydrogen-Powered Commercial Vehicles at IAA Transportation 2024
HANOVER, Germany--(BUSINESS WIRE)--Intelligent power management company Eaton announced it will showcase a broad range of innovative solutions for hydrogen-powered commercial vehicles September 17–...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.