The Biden administration raised the stakes on its politically fraught bet on massive subsidies for nascent clean-energy technologies Friday, rolling out a plan for awarding billions of dollars in tax credits to the makers of ultrapowerful “green” hydrogen fuel.The fuel is made by splitting water molecules and may eventually power shipping vessels and factories. Under the proposal, which will be...
The EU’s Hydrogen Bank has begun operations and is offering €800 million to hydrogen producers to kickstart demand for the fuel crucial to industrial decarbonisation. By 2030, Europe wants to produce 10 million tonnes of renewable hydrogen annually. To get companies to switch, Brussels is footing the difference between their ability to pay and the high prices charged by producers of clean-burning...
Nanaimo, Burnaby, Prince George, North Vancouver tabbed for HTEC’s H2 Gateway project facilities The province is partnering on a hydrogen fuel production and distribution network that could provide hundreds of jobs across B.C. and cut greenhouse gas emissions by more than 130,000 tonnes a year. HTEC, a Vancouver-based firm specializing in clean fuels production, distribution and zero-emissions...
Marking a major step towards foraying into new and alternate energy and in line with the National Green Hydrogen Mission, GAIL (India) Limited has installed its first Green Hydrogen Plant at GAIL Vijaipur in Madhya Pradesh. It was inaugurated by Secretary, Ministry of Petroleum & Natural Gas, Pankaj Jain, in an event organized today, wherein GAIL Chairman and Managing Director Sandeep Gupta,...
The Asia Society Policy Institute says that the electrolyzer market in India to supply green hydrogen for the steel, ammonia, and methanol industries could soar from $4 billion in 2030 to $78 billion by 2050 if the nation stays on track to achieve its declared net zero target. April 15, 2024 Uma GuptaFrom pv magazine IndiaIf India stays on track to achieve its declared net zero target, the electrolyzer...
Argonne National Laboratory is spending the money needed for a new research and development facilityWith the assistance of US Department of Energy (DoE) funding, the Argonne National Library intends to build a new research and development facility for the independent testing of heavy-duty hydrogen vehicles. It will be used for testing large-scale H2 systems for both heavy-duty and off-road...
But existing policies in the U.S. focus not on the end uses of clean hydrogen, but rather on making the fuel cheaper. This is a problem because these policies don’t account for all the other costs associated with using hydrogen, he said. “You’ve got to move it to somewhere useful. You’ve probably got to store it, buffer it, compress it,” he said. “All of these things are expensive, and...
The European Union has launched its first green hydrogen auction with a maximum price of €4.50 ($4.91)/kg. The approved projects will receive subsidies for a decade, alongside revenue from hydrogen sales, and must start production within the next five years. November 24, 2023 Pilar Sánchez Molina The European Commission has launched the first hydrogen auction supported by the European Hydrogen...
Backers of a planned “hydrogen hub”’ in the Appalachian region have issued a document responding to criticism by environmentalists, saying that carbon capture and sequestration technology would mitigate greenhouse gas emissions from the project and that the hydrogen it produced would ultimately protect “environmental justice” communities from pollution currently emitted by heavy...
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), embarked on a promotional tour to entice Dutch investments in the green hydrogen sector. Heiba actively participated in the World Hydrogen Summit held in Rotterdam, the Netherlands—an influential event in Europe’s green energy landscape. During the summit, attendees explored strategies to support the global transition...