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Author: Anela Dokso
Provaris Energy, an emerging player in the hydrogen shipping market, has unveiled a potentially transformative early cash flow revenue model focusing on hydrogen transportation. The company’s strategy revolves around a critical industry metric: the global hydrogen market is projected to grow from approximately $120 billion in 2020 to about $201 billion by 2025. This expansion underscores the increasing importance of finding efficient methods to transport hydrogen, a notoriously challenging element due to its low energy density and the current high costs associated with its shipment. Provaris Energy is strategically placing itself within this context by prioritizing the development of integrated…
The increasing focus on hydrogen as a pivotal component in global energy transitions requires a nuanced examination of how it is integrated into energy system models. With the international energy landscape evolving at a swift pace, hydrogen’s role is no longer speculative but rather an active element in national energy strategies. This article endeavors to dissect and critique the methodologies employed by predominant energy system models in representing hydrogen, underscoring their implications for policy formulation. Statistical data reveals that global hydrogen production currently surpasses 70 million tons annually, emphasizing its growing prominence (International Energy Agency, 2023). The integration of hydrogen…
In the volatile landscape of the hydrogen industry, recent discussions highlight a disconcerting trend: an increase in bankruptcies, restructuring, and industry challenges, particularly within the last few months.
Czech stakeholders are urging the European Union to reconsider its current hydrogen production regulations, arguing that the existing framework is predicated on overly ambitious and unrealistic expectations. The Czech Hydrogen Technology Platform (HYTEP) has released a policy paper critiquing these stringent rules, noting that the anticipated rapid roll-out of hydrogen technologies has not materialized as planned, an assertion echoed by the Czech Industry and Trade Ministry. According to Veronika Vohlídková of HYTEP, the regulations established two years prior assumed mass adoption of hydrogen technology by now, a projection that remains far from reality. Presently, HYTEP identifies three critical obstacles hindering…
Advait Energy Transitions Limited (AETL) has formalized a Memorandum of Understanding (MoU) with Haryana City Gas Distribution Limited for the development of a 2000 metric tonnes per annum (MTPA) green hydrogen plant. The initiative signals a push towards establishing a sustainable energy framework and could bolster the industrial adoption of green hydrogen applications. Data from the International Energy Agency (IEA) underscores the promising trajectory of green hydrogen. Globally, green hydrogen production, through methods such as electrolysis powered by renewable energy, is set to reach approximately 29 million tonnes annually by 2030. However, it must combat challenges, notably scalability and cost-efficiency.…
Danish developer has reportedly secured land for what is projected to be one of Africa’s largest green hydrogen projects, located in Mauritania.
H2Terminals has inked a Memorandum of Understanding (MOU) with Cadent to facilitate the supply of hydrogen through a strategic pipeline located in East London.
In the unfolding narrative of Europe’s hydrogen economy, a stark statistic reveals that 20% of hydrogen projects within major EU economies face cancellation or stalling.
Norsk e-Fuel, in collaboration with Prime Capital and RES, has embarked on a significant venture to produce sustainable aviation fuel (SAF) in North Sweden.
The Chinese government has intensified focus on strengthening its support for strategic metals integral to electric vehicles (EVs) and energy storage technologies.
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