The global power landscape is at a pivotal moment as electricity consumption continues to soar. This demand is primarily driven by the increasing reliance on industrial operations, the pervasive integration of air conditioning, appliances, electric vehicles, heat pumps, and the monumental rise in artificial intelligence applications. Presently, global electricity grids extend approximately 80 million kilometers, enough to circle the Earth over 2,000 times or reach the moon and back a hundred times. However, with projections indicating that by 2040, an additional 50 million kilometers of grids will be required, the pressure to modernize and expand these crucial infrastructures becomes ever…
Author: Anela Dokso
Plug Power, is on the precipice of a significant expansion into India with plans to build multi-gigawatt electrolyzer manufacturing facilities by 2030. This ambitious timeline echoes the growing global interest in green hydrogen as a cleaner alternative to traditional fossil fuels. The realization of these plans, however, rests on the complex interplay of demand and cost dynamics within the Indian market, particularly as influenced by government policies and incentives. In a strategic move, Plug Power is prioritizing collaboration with a key local partner in India, a decision highlighted by the company’s President, Sanjay Shrestha. This partnership aims not only to…
The burgeoning green hydrogen sector has taken a significant stride, with French developer Verso Energy announcing its €1.4 billion investment plan in Oulu, Finland. This ambitious project aims to produce 80,000 tonnes of synthetic aviation fuel (e-SAF) annually, utilizing green hydrogen. This move aligns strategically with the European Union’s stringent environmental mandates. Verso Energy’s partnership with the Finnish city of Oulu underscores a dynamic approach to urban planning and industrial collaboration. Marko Kilpeläinen, director of urban environment services in Oulu, highlights Finland’s unique zoning processes that allow for parallel advances in city planning and corporate project development. This flexibility is…
With a sharp decrease in the cost of electrolyzers (averaging three to five times less than the global average), China’s push for hydrogen echoes its past dominance in photovoltaic solar technology. Yet, the journey from solar triumph to hydrogen leadership stands on a more complex terrain, as the distinct paths of these industries unfold. Whereas solar photovoltaic modules rapidly became cost-competitive and dominated global markets, the intricacies of electrolyzer technology and differing policy environments indicate a more challenging road for hydrogen. Manufacturing Innovation and Government Support China’s manufacturing prowess is evident in the rapid cost reductions achieved in alkaline electrolyzers.…
The hydrogen electrolyzer market is poised for significant expansion, with global installations expected to increase by over 30% annually through 2030.
A recent analysis by the European Court of Auditors highlights significant shortcomings in the European Union’s efforts to meet its emission reduction goals, putting the Green Deal’s ambitious hydrogen rules under scrutiny.
The energy landscape is undergoing a significant transformation, driven by rising concerns over fossil fuel dependency and environmental impacts.
The discussion around adopting nuclear energy options in Croatia, including small modular reactors (SMRs), is becoming increasingly pertinent for the nation’s authorities and energy stakeholders.
The UK’s decision to overhaul its power grid queue demonstrates a strategic shift aimed at accelerating decarbonization efforts.
StormFisher Hydrogen has secured a $50 million commitment from Hy24’s Clean Hydrogen Infrastructure Fund, the world’s largest low-carbon hydrogen asset manager.