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Author: Anela Dokso
The global hydrogen economy stands at a pivotal crossroads, highlighting the pressing issue of sluggish demand in the hydrogen sector. The challenge is clear: while the potential of hydrogen as a clean energy carrier is immense, current market demand remains insufficient to drive large-scale adoption without significant policy interventions. This analysis presents a critical perspective on the need for targeted policy support, particularly on the demand side, to elevate hydrogen consumption. These policies could stimulate initial market growth and pave the way for hydrogen’s competitiveness without governmental subsidies. It’s an economic balancing act that requires careful orchestration to transition from…
IEA Sees Low-Emissions Hydrogen Expanding to 2030 Despite Slowdown in Project Pipeline
Global hydrogen demand climbed to nearly 100 million tonnes in 2024, up 2% year on year, underscoring the fuel’s entrenched role in refining and heavy industry.
Peregrine and OCP Deal Targets Cheaper Decarbonization for Fertilizer and Heavy Industries
Peregrine Hydrogen has signed a Letter of Intent (LOI) with Morocco-based OCP Group to fund and scale its dual-output electrolyzer technology, positioning the startup to enter commercial deployment in the fertilizer sector.
Metso Outotec Launches Hydrogen-Based Iron Ore Pilot to Advance Fossil-Free Steelmaking
Finland’s Metso Outotec has inaugurated its Circored™ hydrogen pre-reduction pilot plant in Frankfurt, Germany, underscoring a growing push to decarbonize steel production through direct reduction technologies.
India’s recent green ammonia auctions, conducted by the Solar Energy Corporation of India Limited, have captured global attention with record-low bid prices, some dipping below $600 per ton. This unprecedented pricing milestone poses questions regarding the mechanisms that allowed such competitive bids. Critical to these low-cost bids were the grid fee waivers, which provided projects the flexibility to source power from the lowest-cost regions across India. This competitive pricing framework could potentially position India as a leading exporter of green ammonia, contingent upon the construction and completion of the winning projects. The implications for India’s green ammonia exports, particularly to…
The European Central Bank (ECB) is preparing to tighten collateral rules for loans tied to high-emitting activities, but early estimates suggest that the shift may barely register for the continent’s largest fossil fuel companies. From 2026, the ECB will introduce a “climate factor” into its collateral framework — the system that governs how banks pledge assets such as corporate bonds in exchange for central-bank liquidity. Bonds financing carbon-intensive projects will receive deeper discounts, or haircuts, than those backing lower-risk activities. ECB officials frame the measure as a safeguard against climate-related financial risks, not as an explicit environmental penalty. Christine Lagarde,…
Global hydrogen investments have surpassed $570 billion in announced projects through 2030, underscoring growing confidence in the sector’s decarbonization potential. Yet only $120 billion (21%) has reached final investment decision (FID), reflecting persistent uncertainty around offtake agreements, permitting, and infrastructure readiness.
A flagship clean-hydrogen venture in the Pacific Northwest is faltering after Portland General Electric (PGE) and Mitsubishi Power withdrew support for a $1 billion production facility planned near Boardman, Oregon.
As U.S. electricity demand rises and supply chains for critical minerals tighten, national laboratories are accelerating research on alternatives to lithium-ion batteries.
Premier Green Innovations Pvt Ltd (PGI) and technology developer Entity-1 have signed a three-year, Rs 500 crore agreement to build a refinery network that converts agricultural and industrial residues into hydrogen, methanol, and ethyl acetate.
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