Author: Anela Dokso

Bosch is amplifying its commitment to the green economy by announcing the commencement of its electrolyzer parts production. This strategic move positions Bosch to capitalize on the burgeoning hydrogen sector, which is projected to expand substantially in the coming years. According to industry reports, the hydrogen market is expected to grow at a compound annual growth rate (CAGR) of 6% to 9%, reaching a valuation of approximately $300 billion by 2050. Bosch’s foray into electrolyzer parts production taps into this lucrative trend, aiming for a substantial share of the market’s revenue potential. The decision underscores Bosch’s strategic pivot towards environmentally…

The promise of green hydrogen has received a significant boost with the introduction of the 45V hydrogen production tax credit, yet its impact relies on the strategic navigation of several industry challenges. The credit aims to decarbonize the energy sector, though the path remains fraught with obstacles. The Rocky Mountain Institute’s analysis, predicts that with the 45V credit, green hydrogen could achieve cost competitiveness with fossil fuels. However, this potential hinges on several factors. According to industry insider data, the credit could reduce production costs of green hydrogen by approximately $1 to $3 per kilogram, making it more enticing and…

A sizable $75 million cutback in funding for the Hydrogen Highways program from Australia’s federal budget has intensified scrutiny over the government’s advancements in hydrogen trucking solutions. Initially conceived to encourage hydrogen-fueled trucks and the development of requisite infrastructure along major routes like the Hume Highway, the scheme, since its establishment in 2022, has made limited progress. Notably, the initiative has committed funding to only one project: Line Hydrogen’s $5.5 million George Town development in Tasmania. Internal challenges were highlighted in a recent report, which pointed out that the scarcity of suitable long-haul hydrogen vehicles played a crucial role in…

The U.S. Department of Energy is considering reducing funding for four of its seven strategic hydrogen hubs, originally established under a $7 billion federal initiative. According to insiders, these potential cuts target hubs based in the Midwest, Pacific Northwest, California, and the Mid-Atlantic. This development comes amid a broader federal strategy to streamline investment while maintaining a focus on regions like Appalachia, the Gulf Coast, and the upper Midwest. Critical analysis of the situation reveals potential challenges for the affected regions. Each targeted hub represents a significant local investment in hydrogen technology, suggesting a possible slowdown in the adoption of…

This patent filed by the Saudi Arabian Oil Company focuses on the transformation of hydrocarbons into hydrogen through catalytic methods. This innovative patent details a specific method of hydrogen production that could potentially impact the energy sector’s shift towards more sustainable practices. The Catalyst and Hydrocarbon Process This patent primarily revolves around the method of producing hydrogen from hydrocarbons using a catalyst. The process begins with the introduction of a hydrocarbon feedstock into a reactor. What distinguishes this method is the condition within the reactor—it is substantially devoid of both oxygen and water, ensuring a controlled environment for the reaction…

The latest strategic investment into Power to Hydrogen by Mitsui O.S.K. Lines (MOL) and Karpowership signals a growing recognition of hydrogen’s role in the maritime energy transition.

The reissuance of the US Department of Energy’s Small Modular Reactor (SMR) funding solicitation marks a strategic push towards advancing nuclear technology innovation.

Amid growing demands for renewable energy infrastructure, Nexans’ €1 billion framework agreement with French energy developers solidifies France’s ambitious agenda for high voltage direct current (HVDC) cable deployment.

Schneider Electric, a leader in energy management and automation, has recently announced its intention to invest $700 million in the U.S. electrical grid over a five-year horizon.

At the end of 2024, renewable energy had dramatically increased its share of the global power capacity, reaching an unprecedented 46%.