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.

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Women’s World T20, Asia Qualifier

UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs

Standings (P, W, l, NR, points)

1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0

Final
Thailand v UAE, Monday, 7am

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Updated: January 10, 2023, 10:25 AM`