H2 Green Steel secures another seven-year offtake, as lenders hint at what makes these short-term deals bankable Hydrogen Insight Source link...
Green Hydrogen
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Sanjiv Lamba, CEO of industrial gas producer Linde, serves both environmentalists and investors. Neither group has cause to complain. By William Baldwin, Senior Contributor Linde PLC puts the heavy in heavy industry. It furnishes industrial gases to the world’s smokestacks: fertilizer plants, steel mills, glassworks, oil refineries. It spews 38 million tons a year of carbon dioxide into the...
Countrywide Hydrogen has secured an $8 million funding deal in green hydrogen production and supply with the Tasmanian Government. The Tasmanian Government said in a statement that this deal makes Countrywide Hydrogen the first major green hydrogen producer in the state. The funding is part of the Tasmanian Government’s Green Hydrogen Price Reduction Scheme, aimed at stimulating the hydrogen...
The Australian Government will spend AU$566m (US$378m) in new offshore mapping programmes that will also help identify new carbon capture and storage (CCS) locations and possible sites for clean hydrogen projects.Announced a day before last Thursday’s (16th May) announcement by Resources Minister Madeleine King of Australia’s new Future Gas Strategy, the investment aligns with King’s plan to...
This article is part of our exclusive IEEE Journal Watch series in partnership with IEEE Xplore.As countries around the world increasingly tap into renewable energy, scientists are exploring the best ways to manage excess energy efficiently for all times of the day and night—including at times of peak usage, on cloudy days, or when the wind isn’t blowing. In a recent study, a group of Turkish...
Finland with high potential to produce green hydrogen for central Europe – report. There is a significant potential in the northern Baltic states, especially in Finland, to produce green hydrogen for export to central Europe, said a report by certifier and consultancy DNV, which was commissioned by gas grid operator Gascade. In Finland, the export potential is 70 TWh of...
I’m all in favor of hydrogen-powered plants to produce electricity if only we had cheap hydrogen. But we don’t and likely won’t.A Bad Bet on Hydrogen HypeBloomberg cautions Europe’s Spending Billions on Green Hydrogen. It’s a Risky Gamble Today, the bright yellow power plant tucked behind a graffiti-covered fence burns planet-warming gas to produce electricity. But if all goes to plan, it will...
New and Renewable Energy Secretary Bhupinder Singh Bhalla has underscored the country’s determination to play a pivotal role in the global hydrogen economy. Addressing the World Hydrogen Summit 2024 in Rotterdam, Netherlands,he assured the delegates of India’s capability to meet any scale of production demand for green hydrogen, provided there is sufficient market demand and...
The Inflation Reduction Act of 2022 was signed on August 16, 2022, and included financial incentives that were intended to drive more investment and deployment of clean hydrogen and fuel cell technologies. This bill has sparked a significant amount of conversation surrounding the production and deployment of hydrogen. However, as we see more and more discussion, it is important to understand...