This story by MIT Environmental Solutions Journalism Fellow Reid Frazier was originally published in the Allegheny Front, where it appears with additional photos and resources.The Biden administration is pursuing “clean hydrogen” as one potential climate solution for heavy industry. It funded the creation of several “hydrogen hubs,” including two in Pennsylvania. But what happens to these plans...
The global energy transition is a high-stakes race, and right now, one Australian joint venture is pulling ahead with a breakthrough that could redefine the green hydrogen game. Sparc Hydrogen—a collaboration between Sparc Technologies, Fortescue Limited, and the University of Adelaide—is leveraging government grants and innovative technology to turn sunlight into "ultra-green" hydrogen. In an...
Written by Cláudio Afonso | LinkedIn | X The Biden administration released final rules on Friday detailing tax credits for clean hydrogen energy under the Inflation Reduction Act (IRA) lifting shares of industry players such as Nikola, Plug Power, and Constellation. The Treasury Department’s final rules include a provision under the Inflation Reduction Act (IRA) extending tax...
The Biden administration loosened some stringent safeguards on a tax credit worth billions of dollars for hydrogen production, after companies argued the rules would stifle domestic manufacturing of the fuel. The tax credit created by President Joe Biden’s signature climate law now includes a carve-out, sought by companies including Constellation Energy Corp., that will benefit some existing nuclear...
Former Octopus Hydrogen CEO Will Rowe tells conference that he now believes green H2 will only play a limited role in the energy transition — or maybe not at allWilliam Rowe speaking at the FT Hydrogen Summit in London last week.Photo: Financial Times Live Source link...
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...
Even with hefty subsidies to produce hydrogen, it’s not clear that enough buyers will emerge. Around the world, hydrogen companies have canceled several major projects over the last few years because of lack of demand. Steel makers and electric utilities that might have interest in the fuel often balk at the costly equipment required to use it.“These new rules will probably help, even if they...
The German state of Saxony-Anhalt has announced €87 million ($102m) in new green hydrogen subsidies, targeting the central German mining area. The state’s energy ministry on Thursday launched two separate funding calls, with funds made available from the European Just Transition Fund (JTF). The first, “Green Hydrogen: Electrolysers” funding pot, has earmarked €58m to support the...
Europe Must Take Risks to Stay in the Hydrogen Race, Says Nel CEO at FT Summit Fuel Cells Works Source link...
Legislators looking for a bipartisan issue should focus on blue hydrogen. IEEFA’s latest analysis shows that the process, which uses methane gas with carbon capture to produce a supposedly cleaner fuel, is a lose-lose proposition that would cost billions of dollars in subsidies for essentially zero environmental benefit. It is an...
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