$2.5 TRILLION IN REVENUES BY 2030
30 MILLION JOBS BY 2030 with new infrastructure and energy transition projects
12% of GLOBAL ENERGY BASED on clean hydrogen by 2050
The European Union is to launch a so-called “European Hydrogen Bank” capitalised with at least €3bn ($3bn) — potentially a game-changing development for the bloc’s H2 sector.
Hy24 is a €2bn euro fund closed throgha joint venture between Ardian, Europe’s largest private investment house exclusively dedicated to the clean-hydrogen industry.
A key provision of the Inflation Reduction Act gives a a $3 per kilogram tax credit to hydrogen produced with renewable energy and nuclear energy. The law will incentivize energy products to offer cleaner ways to make hydrogen, and end users to switch to hydrogen as a replacement for fossil fuels.
An energy economy based on clean hydrogen could resolve much of the worlds climate change and energy challenges including energy supply, security, air pollution, and greenhouse gas emissions. Hydrogen offers the long-term potential for an energy system that produces near-zero emissions and is based on domestically available resources.
2023 will transform the global green hydrogen industry from a much-discussed idea to large-scale reality, with a wave of government subsidy schemes entering into force that will virtually guarantee profitability for renewable H2 projects which will in turn need huge amounts of clean power to operate.
In addition to major infrastructure investments through public tax credits and incentives, clean hydrogen needs venture funding to develop exponentially more effective and efficient innovations and technology break throughs for the transition. Existing grey hydrogen technologies were primarily developed over thirty years ago and have remained relatively static since then.
LUVH2 is a fund dedicated to identifying and partnering with emerging clean hydrogen innovations and solutions that have world wide implications for cost effective and efficient carbon emission reductions through university research programs, pre-seed and seed clean technology companies and major energy producers transitioning to clean hydrogen.
LUVH2 Inc. is a Quebec based Canadian Limited Partnership with offices in Florida, Beer Sheva, and the Netherlands, comprised of technology entrepreneurs, energy engineers, university researchers, energy analysts and financial analysts specialised in clean hydrogen technologies, funding and research.
LUVH2 Inc. is currently in the process of closing its first dedicated clean hydrogen technology fund of $100M USD focused on pre-seed and seed technologies that will focus on enabling growth of the next week of clean technology unicorns.
Ari is co-founder and General Partner.
Derek is co-founder and Partner
Menny is Scientific Advisor and Partner
Stefanie is Analyst and Partner
Paul spent a career as an aviation engineer in the Dutch Air force and is specialized in aviation and engines.
Samy is a partner with KPMG and also manages the companys' fianances.
Analyst
Analyst
Clean hydrogen technologies across the value chain including renewable sources, production, delivery, storage, conversion and end uses
10-20% equity with active board and research funding and ecosystem creation roles
Multi-stage from Pre-Seed research to Seed and through to Series B with some 60% follow on reserves
North American and European technologies with global applicability.
Identify and partner with universities and private sector leading edge technologies and innovations.
Actively enable acceleration through partnerships and projects and proof of concepts
Accelerate growth and expansion into larger projects and facilitate growth capital.
The report "Green Hydrogen Market by Technology (Alkaline and PEM), Renewable Source (Wind, Solar, Geothermal, Hydropower, and Hybrid of Wind & Solar), End-Use Industry (Mobility, Power, Chemical, Industrial, Grid Injection), and Region - Global Forecast to 2027", is projected to grow from USD 676 million in 2022 to USD 7,314 million by 2027, at a CAGR of 61.0% during the forecasted period. Factors such as lowering cost of producing renewable energy by all sources, development of electrolysis technologies and high demand from FCEVs and power industry are expected to drive the markets growth during the forecast period.
Ari Kugler is the founder and CEO of LUVH2 Inc. Ari is a native Montrealer and a lawyer by trade who co-founded his first company, Systemcorp which he subsequently sold to IBM After working in M&A at IBM corporation he was then name WW General Manager of the IBMi Business Unit where he worked until he left IBM in 2014. He then worked as a co-founder of BUSPAS INC., a transport mobility app and then went on to work as a real estate developer until more recently committing to clean technology solutions.
Derek Green is the CTO and a dedicated environmentalist. Derek is a mechanical engineer having graduated from Concorida University in Montreal and has extensive experience in transportation. Derek worked initially in aviation and then in rail transportation. Derek oversees the research and development of our clean hydrogen systems.
Stefanie Kugler is the COO and also an environmental activist. Stefanie is a graduate of McGill business and graduated University of Montreal Civil Law and then Common Law. Stefanie worked in telecommunications, banking and logistics before joining LUVH2. She is responsible for the operations, licensing, alliances and joint ventures.
An electrolyzer is a system that uses electricity to break water into hydrogen and oxygen in a process called electrolysis. Through electrolysis, the electrolyzer system creates hydrogen gas. The oxygen that’s left over is released into the atmosphere or can be captured or stored to supply other industrial processes or even medical gases in some cases. The hydrogen gas can either be stored as a compressed gas or liquefied, and since hydrogen is an energy carrier it can be used to power any hydrogen fuel cell electric application — whether it’s trains, buses, trucks, or data centers. In its most basic form, an electrolyzer contains a cathode (negative charge), an anode (positive charge) and a membrane. The entire system also contains pumps, vents, storage tanks, a power supply, separator and other components. Water electrolysis is an electrochemical reaction which takes place within the cell stacks. Electricity is applied to the anode and cathode across the proton exchange membrane (PEM) and causes the water (H20) to split into its component molecules, hydrogen (H2) and oxygen (O2).
The first of 5000 green hydrogen trucks will hit the roads this year in 2023. Germany continues to invest heavily in clean hydrogen as a key component of its energy security and climate commitments. https://hydrogen-central.com/about-us/
Subsidy schemes kicking in this year in key economies will all but guarantee profitability for projects that will need huge new sources of renewable power, writes Leigh Collins.
Low-carbon hydrogen—‘green’ if made via electrolysis with renewable electricity or ‘blue’ from steam methane reforming with carbon capture and storage—is on the rise. As of November 2022, the low-carbon or
clean hydrogen sector was expected to generate $2.5 trillion in revenues by 2030, creating 30 million jobs. By 2050, the world is forecast to be using 450 million tonnes of green hydrogen.i
VW just applied for a patent that would allow its fuel cell hydrogen car to run up to 2000km on a single tank at much lower costs.
German chancellor Olaf Scholz has already cleared a total of €4bn of funding for H2Global, but the EU has so far only given the green light to the first tranche of €900m. .
India has approved an incentive plan of 174.9 billion rupees ($2.11 billion) to promote green hydrogen in a bid to cut emissions and become a major exporter in the field, the information minister said on Wednesday.
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