As the global race to decarbonise the aviation industry continues, Aviation H2 has launched in Sydney, Australia, with the ambition to become Australia’s first hydrogen-fuelled aviation company.
In an industry contributing a significant amount of CO2 to global emissions, green hydrogen-powered aircraft and associated technologies have seen increasing global demand.
Aviation H2 will focus on the rapidly expanding demand for hydrogen applications in the aviation industry.
Owned and funded by Liberty Energy Capital, Aviation H2 aims to create green hydrogen technology solutions to serve aviation applications.
Liberty Energy Capital and its nominees has investments in emerging green businesses including H2X Global, Sweetman Renewables Limited, Port Anthony Renewables Limited, Titan Hydrogen Limited, Infinite Blue Energy and Verdant Earth Technologies.
An international search is underway for a Chief Executive Officer along with numerous executive positions.
An Aviation H2 spokesman said as the world turns to green energy, the company is backing state-of-the-art technical solutions that will play a pivotal role in decarbonising the aviation industry.
Before the COVID-19 pandemic grounded most planes, commercial flights accounted for approximately 2.5% of global emissions of CO2.
The spokesman said hydrogen was the fuel of the future and could be used across commercial airlines, defence forces, cargo industry, and freight services.
As net-zero becomes the universal standard among western governments, the spokesman said hydrogen is estimated to grow into a global market worth US$201 billion by 2025.
While hydrogen is increasingly considered as one of the most promising zero-emissions fuels for future aircraft, there are still many challenges to overcome. Hydrogen has an energy-density-per-unit mass three times higher than traditional jet fuel.
Aeronautical engineers must work out how to bring the weight and cost of hydrogen down, while the best solution for storing the fuel on board also needs to be determined.
Today, liquid hydrogen storage is seen as the best solution with storing hydrogen as compressed gas presenting challenges with aircraft weight and volume requirements.
Aviation H2 may be just what the industry needs to achieve that reality.