Steel major ArcelorMittal is under scrutiny for allegedly misusing subsidies intended for green hydrogen and decarbonisation pledges while simultaneously delivering record returns to shareholders.A report by steel advocacy group, SteelWatch, has alleged ArcelorMittal is “failing in its claim” to be a climate change leader by spending just one-third ($500m) of the $1.5bn it pledged to invest into...
The BALIS 2.0 Project, led by H2FLY and supported by the German Aerospace Centre (DLR) and Diehl Aerospace, aims to develop and test a high-performance fuel cell system with an output of 350 kW designed for commercial aircraft applications. The 350 kW fuel cell system serves as a basic module to develop hydrogen-electric powertrain systems in the MW-class range, which could power regional aircraft with...
Two CIP projects successful in the first European Hydrogen Bank auction. The two projects are cornerstones in the future decarbonisation of European hard-to-abate energy sectors like shipping and heavy industries. Together, they represent a combined electrolyser capacity of 1,000 MW. Catalina is a hydrogen project with an electrolyser capacity of 500 MW located in Aragon in...
Fortescue officially launches its first US green hydrogen production facility, Arizona Hydrogen, with soil turn ceremony in Buckeye, Arizona. Today, Fortescue marked a new phase in the development of the company’s $550 million venture into green hydrogen production in the United States, the first of Fortescue’s planned green energy investments in North America with a soil...
New Study Looks to Strengthen Global Hydrogen Supply Chain. Researchers from the University of Technology Sydney (UTS) have developed a new supply chain model with the potential to make hydrogen a viable global player in the future of renewable energy. International demand for hydrogen is set to grow sixfold by 2050 to help achieve net-zero climate targets. Yet, hydrogen...
The Ripple Effect of Delays in the UK’s Green Projects on Achieving Net Zero and Environmental ImpactDelays to UK’s green projects not only impact on the feasibility of achieving the UK Government’s goal of net zero by 2050, but have a real world and measurable impact on the environment. Fossil-fuel-intensive megawatts of energy are only displaced as net zero alternatives come on-line, serving to...
Germany’s Federal Ministry for Digital and Transport (BMDV) today announced the launch of the BALIS 2.0 Project. Dr Volker Wissing, Federal Minister for Digital and Transport, awarded the funding document for the further development of fuel cell systems for regional aircraft to the consortium during the project kick-off at Stuttgart Airport. The BALIS 2.0 Project, led by H2FLY and supported by the...
European Hydrogen Bank auction provides €720 million for renewable hydrogen production in Europe European Commission Source link...