Pure Hydrogen unlocks value with strategic asset sale to accelerate development of its hydrogen business. Pure Hydrogen is divesting its 30% interest in the Serowe coalbed methane project in Botswana to operator Botala Energy for $750,000 in cash and 14.5 million Botala shares to focus on its hydrogen initiatives. Serowe sits within a high-grade CBM region and hosts Project...
Hydrogen Projects
H2-DRI-EAF uses hydrogen (H2) to produce direct reduced iron (DRI), which is then processed in an electric arc furnace (EAF) to produce steel. The two main challenges are ensuring an adequate supply of DR-grade iron ore, and cutting the end-to-end cost of making hydrogen. But right now, clean green hydrogen production is in its infancy, and therefore so are green steel plans. Soroush Basirat at IEEFA...
Excluding conventional hydrogen in an energy transition context is challenging, but there’s a water-powered engine that has achieved it (at least partially). It sets power records. The car with two hydrogen engines was surprising, but what’s coming next is equally remarkable. In the context of decarbonizing the economy we’re going through, hydrogen has become a resounding protagonist. The...
Turn back the clock six years ago. Only one nation in the world had a hydrogen strategy: Japan. Since then, more than 50 other countries have developed strategies targeting the low-carbon fuel with decarbonization potential, pledging investments of over $300 billion with more than 1,000 projects announced. The bad news is that only 4% of these projects have made it past the final investment decision...
VALLOUREC Press releaseNEXTCHEM (MAIRE) and Vallourec sign partnership agreementfor hydrogen storageMeudon, 3 April 2024 – Vallourec, a world leader in premium tubular solutions, and NextChem Tech, NEXTCHEM’s (Sustainable Technology Solutions) subsidiary dedicated to decarbonization technologies, have signed a partnership agreement aimed at integrating Delphy hydrogen...
Gandhinagar: A high-powered state govt committee has in-principle approved allotting 63,000 hectares for production of green hydrogen from solar, wind and wind-solar hybrid energy sources. These land parcels are located in Kutch, Banaskantha and Patan districts. This land is in addition to the 1.99 lakh hectares already allotted for production of green hydrogen.According to top govt sources, this...
The IssueChevron's low-carbon spending is the lowest of its integrated major peers in both absolute and percentage terms. But Chevron can't be accused of strategic inconsistency. The company has stood by the targets for the three main pillars of its low-carbon strategy — biofuels, carbon capture and hydrogen — first unveiled in...
The hydrogen industry has continued steady growth despite macroeconomic headwinds. Some 860 kilotonnes (kt) per annum of clean hydrogen supply is operational globally today, out of which about 710kt is low-carbon hydrogen primarily in North America, and the remainder is renewable hydrogen.The pipeline of mature hydrogen project proposals continues to grow, with over 1,400 projects now announced across...
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....
Summary: AtkinsRéalis has been selected to pioneer the engineering and design efforts for Projet Mauricie, a groundbreaking green hydrogen hub in Quebec, aimed at emissions reduction and industrial decarbonization. This initiative marks a significant stride towards Quebec’s clean energy aspirations, offering an emission-reducing alternative for sectors difficult to electrify.AtkinsRéalis, a...