According to the International Energy Agency (IEA), the global power grid expansion is faltering as a result of escalating costs.
Author: Anela Dokso
A bold new step in the electric vehicle (EV) supply chain is being taken as a $500 million EV battery material plant is set to open in Waggaman, Louisiana. This facility represents a pivotal moment as it will be the first of its kind in the United States, signaling a shift in domestic production capabilities for high-demand battery components. The Waggaman plant underscores the increasing importance of localizing supply chains amid global disruptions. With EV demand accelerating—electric vehicle sales surged 40% globally in 2022—the necessity for a stable, accessible battery component supply is critical. Statistics reveal the U.S. ranks behind…
With small modular reactors (SMRs) gaining significant traction in the global nuclear industry, the recent agreement between Nordic countries marks a pivotal step towards scalable nuclear energy solutions.
The emphasis on green hydrogen as a cornerstone for a carbon-neutral society has never been more pronounced, particularly following the IPCC’s special report on global warming.
As Australia gears up for elections by mid-May, its burgeoning green hydrogen industry faces potential setbacks that could alter its trajectory.
HYBRIT project has demonstrated that large-scale storage of fossil-free hydrogen gas is not only technically feasible but also economically beneficial. Conducted by SSAB, LKAB, and Vattenfall, and supported by the Swedish Energy Agency, this initiative marks a significant step toward decarbonizing the iron and steel industry, which currently contributes to approximately 7% of global carbon dioxide emissions. By utilizing fossil-free electricity and hydrogen, HYBRIT aims to markedly reduce emissions in Sweden and Finland, potentially lowering them by 10% and 7% respectively. Central to HYBRIT’s success is the pilot facility in Luleå, Sweden, where a steel-lined rock cavern stores hydrogen gas,…
The shipping industry, responsible for transporting over 90% of global trade, contributes approximately 2.5% of global CO₂ emissions and significant air pollution.
As the global market for low-carbon solutions expands, understanding the dynamics of this technological evolution becomes crucial for stakeholders aiming to navigate the intricate pathway toward a sustainable future.
The collaboration between Oxylus Energy and Element 1 Corp marks a strategic move to harness green methanol for hydrogen production, a niche gaining traction amid the global shift towards cleaner energy.
The energy storage systems market is projected to grow at a CAGR of 9% over the next decade, reaching a substantial $379.29 billion by 2029.
