News

Data about the Activity of Moldovan Commercial Banks on July 31, 2025Dr. Sándor Csány: Being the 4th largest, OTP in Moldova will grow both organically as well as through possible mergers and acquisitions It seems to be a place, but it is notScott HOCKLANDER: For me, the persistence of Moldovan citizens is not only a learned lesson, but also a great exampleSorin MASLO: "The year 2022 was a turning point for the "Cricova" Wine Combine, the turnover increased by almost 25%"Deposit rates are at their peak. Market conjuncture or Why banks need individuals’ depositsValeriu LAZĂR: "If the state does not support business today, tomorrow it will have no one to collect taxes from.Chisinau Airport as a reflection of statehoodMonetary measures against non-monetary inflationBanks as the fulcrum of the economy: they have increased profits and are preparing for the challenges of the 2H 2022The Ministry of Finance and investors in the State Securities market at the peak of placement volumesThe banking market: turmoil and increased demand. No panicIs Moldova ready for the economic consequences of the war in the neighboring country?Are we heading for hyperinflation? It all depends on the correct diagnosis and the prescribed treatmentWhat is happening in the Government Securities Market and what does the National Bank have to do with it?The wine industry is on the verge of a revolution: Is the industry-specific law bankrupting enterprises? The trap for the oil products marketLászló DIÓSI: Foreign investments come to Moldova due to banking system stabilityWhen there is no program with the IMF, we issue are government securities ...Nikolay BORISSOV: “Acquisition of Moldindconbank is the best procurement in the Moldovan market, albeit the most risky one”Oil Ping Pong GamesBanking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationPeople and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

Could a truck that's powered by hydrogen and only emits water help in the climate change fight?

Could a truck that's powered by hydrogen and only emits water help in the climate change fight?

The vehicle can be fuelled up with hydrogen in just 15 minutes and gives drivers 600 kilometres of range, the company behind it says, with the gas being stored in high pressure tanks designed to withstand impact.
British trials have started of a heavyweight truck powered by a gas that's lighter than air - and emits nothing but water.

Sky News was given exclusive access to the first British designed and built heavy goods vehicle (HGV) to be fuelled by hydrogen as it was driven around the Horiba Mira test track in Warwickshire.
The Scottish manufacturers, HVS, say the truck could help decarbonise the road freight industry, which produces more than 21 million tonnes of carbon dioxide each year in the UK alone.

Jawad Khursheed, the entrepreneur who started the company, said: "It has the exact same feel of a diesel.

"HGV drivers generally drive up to four hours and then take a break.

"In 15-20 minutes they can refuel with hydrogen, and it's good to go for another 600km."

The truck stores hydrogen under high pressure in tanks that are designed to withstand impact. The gas is converted by a fuel cell into electricity, which then drives the wheels.
A battery that delivers similar range would weigh several tonnes, reducing the amount of freight that can be carried. And it would currently take several hours to recharge, significant downtime for fleet operators.

Macky Arthur, the prototype's test driver, told Sky News: "You don't have the roar of a diesel vehicle, you don't have the fumes of a diesel
"It's a nice place to live and work."
But hydrogen still has problems as a power source. Making it from green electricity is currently expensive and far less energy efficient than plugging a battery into a charging point.

The Centre for Sustainable Road Freight has calculated that switching all diesel trucks to batteries would need 10.6 GW of electricity - roughly the output of 900 large offshore wind turbines.

But a switch to hydrogen would need 35.6GW of electricity to make it - requiring more than three times as many turbines.

Advocates of hydrogen insist that the technology will improve, allowing the gas to be made cheaply at scale.

Finding a way of decarbonising heavy goods vehicles is critical to reaching net-zero.
HGVs make up 1.5% of all the vehicles on the UK's roads, but produce almost 20% of all transport emissions.

But because of their weight and the intensity of their driving schedules, they are hard to decarbonise.
The government has banned sales of diesel trucks weighing up to 26 tonnes from 2035 and heavier vehicles from 2040.

It's a timeline almost as tight as the deadline for sales of petrol and diesel cars.

But there is no consensus on whether lorries should be powered by batteries or hydrogen. And there isn't a single recharging or refuelling station anywhere on the road network.

The haulage industry is holding back from making big investment decisions on decarbonising their fleets for fear that they opt for the wrong technology.
Michelle Gardner, from Logistics UK, told Sky News: "If you're a fleet manager, you need to plan ahead for what vehicles you are going to be adopting.

"We need the government to be moving quicker with trials of vehicles.

"And we need a plan for how infrastructure is going to be put in place to reassure operators that their future vehicles are going to be supported."

The government will shortly announce road trials of zero emission HGVs. And there could also be tests of overhead electric cables on motorways, a system already being looked at in Germany.

A spokesperson said the government's approach to delivering decarbonisation was technology neutral, but "hydrogen technology may have a role in helping to decarbonise some areas of transport, such as heavy goods vehicles".

news.sky.com

News on the subject