The European Union (EU) stands at a critical juncture in its pursuit of decarbonizing the energy-intensive industries that underpin its economy.
Author: Anela Dokso
A statistic that highlights the rising significance of hydrogen energy is China’s projected demand; by 2060, hydrogen consumption is expected to reach 130 million tonnes, comprising nearly 29% of the country’s final energy mix. Such figures underscore the need for efficient and safe storage solutions, with underground salt caverns emerging as a promising option. This analogy to a strategic storage vault challenges existing perceptions by presenting salt caverns not merely as storage spaces, but as critical assets in an evolving energy landscape. A core challenge emerges when examining the intersection of capacity, safety, and reliability—dimensions underscored by the current market’s…
Turkey’s ambitious stance on hydrogen economy, as analyzed through combined PESTEL and SWOT frameworks, reveals critical insights into the nation’s strategic imperatives in the realm of sustainable energy.
Egypt is embarking on constructing what is slated to become the world’s largest green hydrogen plant, a clear indication of the country’s growing commitment to renewable energy. This venture is part of the broader trend within the Middle East and North Africa (MENA) region to accelerate the transition towards sustainable energy sources. The development comes amidst a global push to reduce dependency on fossil fuels, with green hydrogen emerging as a crucial component of future energy strategies. The project’s ambitious scope is evident in its projected production capacity, targeting up to 100,000 tons of green hydrogen annually. This figure, though…
In a growing trend of dissatisfaction, Hyundai’s Nexo hydrogen fuel cell vehicles are under fire as a class-action lawsuit alleges significant defects. The claims surfaced amid increasing consumer interest in alternative energy vehicles, particularly hydrogen fuel cells, which are positioned as a promising alternative to electric vehicles (EVs). However, the defects in Hyundai’s Nexo, specifically concerning its purported efficiency and safety, put a spotlight on the practical viability of hydrogen fuel cells. The lawsuit, filed in a U.S. district court, accuses Hyundai of selling Nexo vehicles equipped with defective systems that fail to perform as promised. Plaintiffs argue that these…
Ignis a Spanish company recently announced a pause in its ambitious green hydrogen and ammonia project in Magallanes, Chile. This decision arrives even as the company reassures stakeholders of its continued commitment to the region, citing ongoing evaluations of project feasibility and market conditions. The project’s suspension highlights the challenges faced by green energy initiatives in terms of infrastructure, logistics, and financial viability. Despite Chile’s abundant renewable resources and its strategic position as a potential green energy exporter, the firm’s decision underscores the complexities involved in transitioning to sustainable energy solutions. Data from the International Energy Agency indicates that while…
Protium Clean Energy Corp, recently shared new data from their satellite gas surveys. These surveys are a part of the company’s ongoing efforts to explore the potential of natural hydrogen as a viable clean energy source. This study employed advanced satellite technology to detect and map hydrogen emissions, allowing Protium to pinpoint potential areas for further ground-based analysis. The global energy market is under increasing pressure to meet sustainability goals, and hydrogen is frequently heralded as a key player in the transition away from fossil fuels. With hydrogen’s potential as a low-emission energy carrier, the industry is keen to unlock…
Finland’s authorization of its largest battery-storage project marks a pivotal point in the renewable energy landscape. As energy stakeholders anticipate the completion of the Nivala-based infrastructure, the project led by SEB Nordic Energy’s Locus Energy and Ingrid Capacity AB underscores emerging trends in energy storage technology.
H2 Mobility, a prominent player in the hydrogen infrastructure sector, has announced the closure of 22 hydrogen refueling stations across Germany. This move has significant implications for the hydrogen fuel market, which is often viewed as a crucial component of the future clean energy landscape. In an era where hydrogen fuel is increasingly being championed for its potential to decarbonize heavy-duty transportation, such a contraction in refueling infrastructure raises critical questions for stakeholders. Despite the Eurostat report of a noticeable 15% increase in overall hydrogen demand in the EU from 2021 to 2022, H2 Mobility’s decision underscores the operational and…
ACWA Power is collaborating with Azerbaijan’s Ministry of Energy to advance a pivotal 200 MW Battery Energy Storage System (BESS) project, set to transform the nation’s renewable energy landscape. In May 2024, ACWA Power and Azerbaijan formalized their partnership via an Implementation Agreement that marks a substantial move toward enhancing the country’s energy infrastructure. The BESS project aims to mitigate the intermittent nature of renewable sources like wind and PV, by ensuring energy is efficiently stored and dispatched. This technological advancement addresses grid stability challenges and minimizes the risk of curtailment, a critical goal considering Azerbaijan’s commitment to boosting its…
