ThyssenKrupp has given permission for the largest steelmaking facility in Germany to replace its blast furnaces with low-carbon technology. ThyssenKrupp’s investment allows for the ongoing use of iron ore suitable for blast furnaces rather than requiring the use of expensive direct reduction (DR) ore. Following the company’s €2 billion investment decision, the first of four blast furnaces will be replaced by a direct reduced iron (DRI) unit that reduces iron ore using hydrogen rather than metallurgical coal. When the first facility, which will be larger than expected, opens in 2026, the three remaining blast furnaces will be replaced. More scrap…
Author: Anela Dokso
For its non-renounceable rights offer to finance investments in clean hydrogen as well as oil and gas exploration and production, BPH has received applications totaling $1.83 million. Applications were submitted for the issuance of one share priced at 1.3c for every 25 shares owned, including the shortfall offer. For each subscriber to shares, investors received a free attaching option with a 3c exercise price and a 30 September 2024 expiration date. The rights issue and $1.5 million share placement’s proceeds will be utilized to further invest in clean hydrogen technologies as well as to explore and develop the company’s oil…
From October 19–20, 2022, Dover Fueling Solutions (DFS), a division of Dover Corporation, will host customers and business associates at the Hydrogen Technology Expo in Bremen, Germany.
A Memorandum of Understanding was signed by the Spanish Reganosa Asset Investments, the European Rubis Terminal Infra and the Japanese Sojitz Corporation to carry out a joint feasibility study for the establishment of a green hydrogen supply chain in Europe.
The investigation being carried out by the University of Michigan researchers indicates that one of the areas in which hydrogen has the greatest potential is medium- and heavy-duty trucks traveling interstate roads. The report’s release coincides with a collaboration between Michigan and six other states in the US Midwest to hasten the growth of an H2 economy, encompassing the fuel’s clean production, storage, transportation, and distribution. The coalition of states will cooperate to take the lead in providing fuel for hydrogen transportation. The states also want to set up one or more H2 hubs for further energy production for domestic…
On a road construction project close to Cadiz, the Spanish company Acciona is generating electricity on-site using a hydrogen fuel cell.
Following their merger, EC20 and Opergy will focus on hydrogen and renewable energy solutions in the UK under the Opergy Group name. The move, which is a component of the Opergy Group’s defined growth strategy, strengthens its aspirations in the hydrogen, wind, and nuclear industries. While EC20 specializes on working with developers to connect them with supply chain companies currently active in the UK, Opergy assists businesses with industry insights and solutions and works with energy supply chains, developers, and organizations. Along with Johnathan Renyolds, managing director, Kim Duffy, finance director, and Martin Dronfield, commercial director, Isla Robb, currently a…
Harvard University is researching the use of hydrogen in China’s heavy industry to help it move away from fossil fuels.
In the near future, NJSC Naftogaz Ukrainy intends to begin evaluating the viability of storing hydrogen in underground gas storage (UGS) facilities. “We are working on this project. Ukrtransgaz has a number of memorandums with European underground gas storage operators, which have been moving in this direction for several years and have actually come to test the reality of the capabilities of the equipment and reservoir for hydrogen storage,” JSC Ukrtransgaz’s chief engineer, Roman Kokhtiuk. said He claims that although Naftogaz’s plans in this regard were altered slightly by the war, the company has already chosen which of the UGS facilities it…
A 134 million euro ($130.80 million) German initiative to aid BASF SE in the manufacture of renewable hydrogen was approved by the European Commission. This will aid in decarbonizing the methods used to produce its chemicals. “This 134 million euro measure enables Germany to help BASF step up its renewable hydrogen production capacities, thereby contributing to the greening of the chemical value chain and of the transport sector,” EU antitrust chief Margrethe Vestager said.