By Michael Liebreich, Senior Contributor, BloombergNEF My last column was the first half of a two-parter on how the net zero transition would be both harder and easier than we might think. The second part will appear early next year. In the interim, however, the sixth Hydrogen Energy Ministerial in Japan announced a target of 150 million tons of hydrogen demand by 2030, of which 90 million metric tons...
The Commission is awarding nearly €720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank.The funds for this auction come from the revenues of the EU Emissions Trading System.The winning bidders will produce renewable hydrogen in Europe and will receive a subsidy to bridge the price difference...
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Hyfluence Systems will deliver hydrogen refuelling infrastructure to Lewis County Transit to support the initial deployment of hydrogen-powered buses.The vehicles will be deployed throughout Lewis County in Washington, US, and be refuelled by Hyfluence’s FleetPilot self-contained hydrogen station.The equipment encompasses compression, storage and dispensing hydrogen and it has been developed in...
Norway-based cleantech company TECO 2030, compatriot engineering company BLOM Maritime and Dutch logistics company Samskip have received a grant for a pre-project aiming to retrofit Samskip’s vessel Kvitnos with TECO 2030 fuel cells and hydrogen fuel. Courtesy of Samskip This innovative project aims to significantly reduce emissions from the LNG-fueled vessel, which currently operates on a...
ContentsKey Takeaways. 1Executive Summary. 2Policy Recommendations for the United States. 5Hydrogen Production. 7Blue Hydrogen. 8Green Hydrogen. 11Transporting and Storing Hydrogen. 18Transportation by Pipeline. 19Trucking Hydrogen. 20Seaborne Transportation. 20Storage. 21Solving for Hydrogen: A Different Approach to Transportation and Storage. 22Markets and End Users. 23Existing Markets for Hydrogen....
Belgium has said it is committed to pushing the international trade of hydrogen and its derivatives, having assumed the rotating presidency of the European Council on Monday (January 1). Now responsible for the functioning of the Council, the Belgian presidency said it will focus on promoting a “credible certification system and market platforms” to ensure transparency and trigger investments in...
For months, MDN has told you about a problem brewing that will block new hydrogen projects from getting built in the Marcellus/Utica. It’s an obscure tax rule known as the 45V tax credit, part of the misnamed Inflation Reduction Act (IRA). The Bidenistas at the White House, Treasury Department, and Dept. of Energy proposed a new IRS rule in late December that the 45V tax credits (as provided for in the...
Everfuel has submitted a project proposal for the phased development of a green hydrogen production plant, which could reach up to 2GW in capacity.Located at the Revising Energy Park in Denmark, the station will be strategically located within the hydrogen backbone, with a potential direct connection to greenfield local renewable energy production from solar and wind developed by Everfuel’s...