Morocco is set to embrace green hydrogen in a big way, allocating about 2.5 million acres (1 million hectares) of land to new projects to deliver the clean power source. Green hydrogen, produced when electrolysis converts water into hydrogen and oxygen, has the potential to power trucks, ships, or planes. The only byproduct is water, which is much better than planet-warming gases like carbon...
Pairing cryptocurrency mining with green hydrogen could boost deployment of renewable energy – study
The analysis involved the idea of supplying the available power from solar and wind energy systems to a green hydrogen and cryptocurrency mining infrastructure with the economic potential used for the expansion of renewable power installations. “Since current cryptocurrency operations now contribute heavily to worldwide carbon emissions, it becomes vital to explore opportunities for harnessing the...
Front, from left, Gov. Maura Healey, Lt. Gov. Kim Driscoll, Secretary Rebecca Tepper of the Office of Energy and Environmental Affairs and U.S. Rep. Lori Trahan during a tour of the fabricating floor of Nuvera Fuel Cells, a Billerica-based company that received $30 million in federal grant funding for its clean hydrogen technology. (Melanie Gilbert/Lowell Sun) BILLERICA —...
Exxon should be eligible for IRA incentives for a low-carbon hydrogen project expected to be the largest in the world. If it isn't, the company will probably scrap it, chief executive Darren Woods told Bloomberg.The current IRA distribution eligibility criteria single out only green hydrogen as eligible for federal financial support. Exxon's project will produce so-called blue hydrogen, which is...
The European Commission‘s pilot European Hydrogen Bank auction has received 132 bids from projects across 17 European nations, which far exceeds the available €800 million (~$865 million) budget. Collectively, the bids propose an electrolyzer capacity of 8.5 GW. This capacity is expected to generate 8.8 million tons of renewable hydrogen over a decade, covering nearly 10% of the European Union’s...
The Energy Infrastructure Incentives for Zero-Emission Commercial Vehicles (EnergIIZE) Hydrogen funding lane will open for two weeks beginning at 9 a.m. PDT on April 17, lasting through 5 p.m. PDT on May 1. This lane, funded by the California Energy Commission (CEC) and administered by CALSTART, followed the Electric Vehicle (EV) Fast Track funding lane application window, which is now closed....
Chile and The Netherlands tightening green h... BNamericas English Source link...
To be clear, the scorecard is not a measure of clean energy deployment. That’s why Texas has a failing grade despite being a solar and wind giant, for example. “Texas does have a lot of renewable energy, but it really comes down to who’s owning and controlling it. In Texas, it’s all being done by the utilities,” said Maria McCoy, a researcher with the Energy Democracy Initiative and...
The US Department of Energy has allocated nearly $1.7bn in government funding for six industrial projects using or producing clean hydrogen to reduce emissions, as part of a wider $6bn package. More than half of this announced funding — still subject to negotiation — will go toward making hydrogen-based direct-reduced iron (DRI) for green steelmaking. The Industrial Demonstrations Program, which...
Japanese oil & gas firms Eneos and Idemitsu Kosan have signed a memorandum of understanding with utility Hokkaido Electric Power Company (Hokuden) to develop a green hydrogen project with at least 100MW of electrolysis capacity within the country by 2030. This plant, capable of producing 10,000 tonnes of H2 a year, is the largest yet proposed to be built in Japan, which has predominantly focused its...