The Biden administration on Friday made final its long-awaited plan to offer billions of dollars in tax credits to companies that make hydrogen, in the hopes of building up a new industry that might help fight climate change.When burned, hydrogen mainly emits water vapor, and it could be used instead of fossil fuels to make steel or fertilizer or to power large trucks or ships.But whether or not...
Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. getty Clean hydrogen is vital to help curb carbon emissions from dirty industrial processes like making steel and fertilizer. So in 2022, the Biden Administration created a valuable new credit for hydrogen that’s made without generating lots of additional greenhouse gases,...
Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source...
That would require four times more government support than promised to date, although carbon pricing and demand-side quotas could reduce that spend, says peer-reviewed paperHydrogen storage tanks at Sinopec's operational Kuqa green H2 project in Xinjiang, ChinaPhoto: VCG/VCG via Getty Images Source link...
The 2023 green hydrogen implementation gap. Credit: Nature Energy (2025). DOI: 10.1038/s41560-024-01684-7 In recent years, more than 60 countries have developed strategies to stimulate the market ramp-up of hydrogen, particularly in the industrial sector. However, in 2023, less than 10% of the originally...
Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! Last Updated on: 17th January 2025, 03:02 pm Green hydrogen stakeholders were forced to undergo yet another round of reality checks last year. Costs remained stubbornly high with no sign of a quick turnaround, and buyers...
Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! Last Updated on: 8th May 2025, 10:52 am It’s always fascinating to watch public officials eagerly line up for ribbon-cutting ceremonies, gleaming scissors poised, ready to announce another shiny new clean-transportation...
OverviewOur approach was split into three parts. First, we tracked green hydrogen project announcements to quantify the green hydrogen implementation gap in 2022 and 2023. Second, we compared project announcements with 1.5 °C scenarios to show the 2030 green hydrogen ambition gap. Third, we modelled the pay-as-bid market premium and estimated required subsidies using a competitiveness analysis of...
Policymakers urged to change their approach to green hydrogen production following ‘high failure rates’ of projects There are significant gaps between the ambitions around green hydrogen production and implementation as projects face delays or abandonment, according to a paper by the Potsdam Institute for Climate Impact Research. Source link...
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