A hydrogen electrolysis plant in Cologne. Germany accounts for 11 per cent of hydrogen tech patents issued between 2011 and 2020. Reuters
A hydrogen electrolysis plant in Cologne. Germany accounts for 11 per cent of hydrogen tech patents issued between 2011 and 2020. Reuters
A hydrogen electrolysis plant in Cologne. Germany accounts for 11 per cent of hydrogen tech patents issued between 2011 and 2020. Reuters
A hydrogen electrolysis plant in Cologne. Germany accounts for 11 per cent of hydrogen tech patents issued between 2011 and 2020. Reuters

EU leads in hydrogen technology patents as energy transition gathers pace


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The EU, currently facing an energy crisis, has become a global leader in technology patents related to hydrogen, a report by the European Patent Office and the International Energy Agency has said.

Hydrogen is considered to be a low-carbon alternative to oil and natural gas.

Global patenting of the fuel is led by the EU and Japan, which accounted for 28 per cent and 24 per cent, respectively, of all international patent families from 2011 to 2020, the report said.

Germany leads Europe with 11 per cent of the global total, followed by France (6 per cent) and the Netherlands (3 per cent).

“Hydrogen from low-emissions sources can play an important role in clean energy transitions, with [the] potential to replace fossil fuels in industries where few clean alternatives exist, like long-haul transport and fertiliser production,” said IEA executive director Fatih Birol.

“This study shows that innovators are responding to the need for competitive hydrogen supply chains, but also identifies areas — particularly among end users — where more effort is required.

“We will continue to help governments spur innovation for secure, resilient and sustainable clean energy technologies.”

The US, with 20 per cent of all hydrogen-related patents, is the only major innovation centre where international hydrogen patent applications declined over the past decade.

While international patent activity in hydrogen technology remained “modest” in South Korea and China, it is on the rise, the report said.

The study revealed that the UK, Switzerland and Canada are also generating “significant volumes” of hydrogen patents.

Hydrogen, which can be produced from both renewable energy and natural gas, is expected to play a key role in the coming years as economies and industries transition to a low-carbon world to mitigate climate change.

The fuel comes in various forms, including blue, green and grey. Blue and grey hydrogen are produced from natural gas while green is derived from splitting water by electrolysis.

Global hydrogen demand reached 94 metric tonnes in 2021, a 5 per cent increase on demand in 2020, driven mainly by a recovery of activity in the chemical sector and refining, according to an IEA report.

Low-carbon ammonia, which is made from nitrogen and clean hydrogen, is the most promising hydrogen carrier and potential clean fuel for a wide range of applications, including transport, power generation and fertiliser production.

The IEA and EPO report found that low-emission innovation generated more than twice the number of international patents across the hydrogen value chain than established technology.

“Harnessing the potential of hydrogen is a key part of Europe’s strategy to achieve climate neutrality by 2050,” said EPO president Antonio Campinos.

“But if hydrogen is to play a major role in reducing carbon dioxide emissions, innovation is urgently needed across a range of technologies.”

Start-ups with patents attracted more than half of the $10 billion in venture capital funds invested in hydrogen companies from 2011 to 2020, the report said.

More than 80 per cent of late-stage investment in hydrogen start-ups went to companies that had already filed a patent application in areas such as electrolysis, fuel cells or low-emission methods for producing hydrogen from gas, the study said.

Results:

CSIL 2-star 145cm One Round with Jump-Off

1.           Alice Debany Clero (USA) on Amareusa S 38.83 seconds

2.           Anikka Sande (NOR) For Cash 2 39.09

3.           Georgia Tame (GBR) Cash Up 39.42

4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

 

 

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%3Cp%3EYears%3A%20October%202015%20-%20June%202024%3Cbr%3ETotal%20games%3A%20491%3Cbr%3EWin%20percentage%3A%2060.9%25%3Cbr%3EMajor%20trophies%3A%206%20(Premier%20League%20x%201%2C%20Champions%20League%20x%201%2C%20FA%20Cup%20x%201%2C%20League%20Cup%20x%202%2C%20Fifa%20Club%20World%20Cup%20x1)%3C%2Fp%3E%0A
The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

UAE currency: the story behind the money in your pockets
How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

The past Palme d'Or winners

2018 Shoplifters, Hirokazu Kore-eda

2017 The Square, Ruben Ostlund

2016 I, Daniel Blake, Ken Loach

2015 DheepanJacques Audiard

2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan

2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux

2012 Amour, Michael Haneke

2011 The Tree of LifeTerrence Malick

2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul

2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke

2008 The Class (Entre les murs), Laurent Cantet

Updated: January 10, 2023, 10:25 AM