The hydrogen 45V tax credit intended to catalyze the electrolysis sector has inadvertently opened a loophole with significant implications for renewable natural gas (RNG). With an allocation structure that potentially redirects subsidies away from critical electrolysis innovation towards RNG producers, this oversight could allow subsidies to cover nearly all the capital and operational expenditures of carbon capture, utilization, and storage (CCUS) power plants. While this might offer a competitive advantage for hydrogen production, it triggers a complex debate over appropriate subsidy allocation, risking the focus on developing a robust electrolysis manufacturing base—a vital industry goal, particularly in light of maintaining…
Author: Anela Dokso
Expanding the Global Energy Battlefield Greenland is emerging as a formidable player in the global energy landscape, partially due to its considerable reserves of rare earth elements (REEs). Greenland is ranked eighth globally and boasts approximately 1.5 million metric tons of rare earth oxide reserves. This impressive figure closely rivals the United States’ reserves of 1.8 million metric tons, positioning the island nation as a significant potential contributor to the clean energy sector. In the race towards a sustainable future, the demand for critical minerals such as lithium, cobalt, and rare earths is projected to quadruple by 2040. This surge…
The landscape for hydrogen is poised for a transformational year, likened to a natural selection process within a volatile market. The hydrogen industry is grappling with existential questions that have left it at a crossroads. Yet, this disruption—or refining process—presents both formidable challenges and compelling opportunities. With anticipated auctions projected to allocate as much as $28 billion to clean hydrogen producers, a critical dynamic unfolds: which players will endure and thrive amidst economic pressures, and which will falter due to a saturated and uncertain market? The past year revealed a stark reality of the hydrogen market, driven heavily by demand…
In a world increasingly focused on reducing emissions, hydrogen internal combustion engines (H2ICE) offer a unique blend of efficiency and environmental considerations.
An interesting innovation in the field of hydrogen production is highlighted by the patent titled “Ammonia Cracker Reactor Module.”
Spanish company H2SITE recently secured €36 million to revolutionize the hydrogen supply chain. Backed by prominent investors like Hy24 and SC Net Zero Ventures, this funding marks a significant step for the deep-tech hydrogen separation pioneer.
GridStor, a company dedicated to large-scale battery energy storage, has acquired a substantial 200 MW / 800 MWh battery storage project from Black Mountain Energy Storage in Oklahoma.
Constellation Energy Corporation is taking a significant step in the field of nuclear energy by applying for a permit to construct a small modular reactor (SMR) at its Nine Mile Point Nuclear Station, located in New York.
Hundreds of people were ordered to evacuate after a significant fire broke out at a large battery storage facility in California.
Ukraine’s GTSOU, along with several major organizations, has signed a Memorandum of Understanding to pave the way for the Ukraine-EU Hydrogen Corridor.