The Korean research team’s introduction of a cost-effective catalyst, capable of enhancing hydrogen production processes, could mark a notable shift in the industry.
Author: Anela Dokso
In a world where CO2 emissions reached 31.5 gigatons in 2020—a stark increase from pre-industrial levels—the quest for sustainable energy solutions is paramount. As traditional reliance on fossil fuels leads us toward ecological peril, innovative designs like a geothermal-based multigeneration plant offer a potential paradigm shift. Through this study, conducted by Fatih Yilmaz, the use of geothermal energy with compressed hydrogen storage and multigeneration is explored, delivering an energy efficiency of 25.84% and an exergy efficiency of 31.92%. The multigeneration plant in focus employs a supercritical carbon dioxide-based Brayton cycle (sCO2-BC) and a transcritical carbon dioxide-based Rankine cycle (tCO2-RC), alongside…
According to recent studies, urban areas are expected to see energy demands increase by more than 45% over the next two decades, highlighting the pressing need for an efficient energy storage and distribution infrastructure. The integration of Energy Storage Systems (ESS) with modernized power grids is seen as pivotal in this transformation. However, the path to realizing these advancements is fraught with technical, economic, and regulatory challenges. At the heart of the modern energy conundrum lies the fluctuating nature of renewable energy sources such as wind and solar power. Traditionally, the unpredictability of energy generation has discouraged full reliance on…
Aslan Energy Capital has inked a pivotal memorandum of understanding with CalYan XGH to supply 100,000 tonnes of hydrogen annually to the California market.
KGM, the Korean car manufacturer, has made a strategic shift towards hydrogen power in its recent agreement with France’s Phinia Delphi.
A significant development is underway in Geretsried, Germany, as this small town turns into a pivotal stage for testing advanced geothermal energy technology. Residents of Geretsried, previously reliant on fossil fuels, are witnessing a transformative shift towards sustainable energy through new geothermal methods. Eavor, a Canadian energy company, has initiated plans to harness geothermal energy by employing techniques derived from the oil and gas industry to extract heat from deep, dry rock formations. Historical attempts to exploit geothermal energy in Geretsried faltered when traditional drilling methods failed to access sufficient hot water near the surface for profitability. However, Eavor is…
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…
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.…
