The Vattenfall, SSAB, and LKAB-led HYBRIT initiative has now been officially recognized by the European Union as one of seven innovative projects funded by the Innovation Fund. The project will receive €143 million in total to demonstrate a complete value chain for hydrogen-based iron and steelmaking, from mine to fossil-free steel, on an industrial and commercial scale. One of the world’s largest funding programs for the demonstration of innovative low-carbon technologies that help reduce greenhouse gas emissions is the EU Innovation Fund. The European Union is investing over €1.1 billion in seven projects to decarbonize European industry and energy sectors,…
Author: Anela Dokso
Rescale is working with Amogy, a clean energy pioneer, to develop a technology that will use ammonia-based solutions to power ships, trucks, planes, and trains, reducing global greenhouse emissions by 10% by 2040. Amogy, based in Brooklyn, New York, was founded in 2020 by a group of former MIT PhDs with the goal of developing an ammonia-based power system that would drastically reduce global greenhouse emissions – by as much as 10% over the next two decades, according to Woo. Amogy’s solution combines hydrogen fuel cell advancements with the benefits of ammonia as a fuel source. Amazon’s Climate Pledge Fund…
TERNA has awarded Baker Hughes a contract to supply gas turbines and compressors that can operate on a mixture of natural gas and hydrogen for a new compression station of the Greek Natural Gas Transmission System. The compression station will be used to supply Greece’s domestic gas market.. For a total of three NovaLT12 hydrogen-ready gas turbines and three PCL compressors, Baker Hughes will supply three compression trains. Technology has been developed to support a compression station that can transport up to 10% hydrogen for this project. ‘ With an expected start date of 2024, the facility is expected to…
Siemens Energy plans to move the industrial production of electrolysis modules to Berlin, bringing the heart of its hydrogen technology to the German capital city. Production is expected to begin in 2023 at the Huttenstrasse location in Berlin’s Moabit neighborhood. The existing production hall’s infrastructure can be utilized in its entirety at this location. Electrolyzer production lines are being expanded by around 30 million euros over 2,000 square meters. Today, the site primarily produces gas turbines, which are some of the most powerful and efficient in the world, and are manufactured at the site. Up to 50% hydrogen is already…
TECO2030 and Norwegian energy company Narvik Hydrogen have signed a letter of intent to collaborate on relevant projects with the goal of developing a complete hydrogen value chain. The two parties will discover, evaluate, and participate in relevant projects as part of the agreement. Narvik Hydrogen will provide green hydrogen to be used as fuel for the fuel cells developed by TECO2030 for the projects on which they decide to collaborate. Hydrogen fuel cells, which convert hydrogen into electricity while emitting only water vapour and warm air, are the engines of the future. Green hydrogen is hydrogen that is created…
It’s possible that a new material developed by UIC fuel cell engineers could give fuel cell vehicles an advantage over the batteries that power most current electric vehicles. Instead of relying on lithium batteries, fuel cells use catalyst-driven chemical reactions to generate energy. However, the high cost of cathode materials and manufacturing means that lithium batteries can only travel 100-300 miles on a single charge and must be recharged for several hours. To achieve more than 400 miles on a single charge, fuel cell systems can take advantage of abundant elements like oxygen and hydrogen, which can be done within…
Macquarie Group Limited (Macquarie) has announced plans to support the delivery of over £12 billion in sustainable infrastructure investment across the UK. Macquarie will invest directly, mobilize co-investment, and support major investments through portfolio companies’ capital expenditure programs to help communities meet their needs for smart, sustainable infrastructure that is aligned with the UK’s net zero goals. This is in addition to Macquarie’s long-standing commitment to the United Kingdom, where it has invested and operated since 1989. Macquarie has invested and arranged more than £50 billion in essential infrastructure across the UK over the last 15 years. Macquarie’s activities will…
As a first step toward a large-scale roll-out of a clean hydrogen economy, a group of nine partners has joined forces to promote clean hydrogen innovation, demonstration, and knowledge sharing in the Euregio Meuse-Rhine. The EMR H2 Booster consortium’s working area includes Dutch and Flemish Limburg, the Aachen region, and Liège. The project partners hope to accelerate the emergence of a hydrogen economy in the area through cross-border cooperation at this level. The Maastricht Provincial House hosted the consortium’s kick-off event today. The consortium consists of regional development agencies, hydrogen cluster organizations, and a knowledge institute, bringing together extensive hydrogen…
ProNova Energy, a joint venture between Ad Astra Rocket Company and Mesoamerica, aims to promote the use of hydrogen in Latin America. The region’s significant renewable energy capabilities make it one of the best places in the world to create green hydrogen, making Latin America the next hotspot for hydrogen innovation and production. There is a huge market for hydrogen in Latin America, which the Ad Astra Rocket Company and Mesoamerica have identified and are actively seeking to expand. Mesoamerica’s extensive experience in arranging and financing energy projects in Latin America is an ideal match for ProNova Energy, which has…
UK’s aerospace technology research program, the Aerospace Technology Institute (ATI), will receive record levels of government funding, advancing research and development of green aviation technology. For the financial years 2022-2023 through 2024-2025, the ATI will receive £685 million from the government, an increase of £235 million over the previous three-year period. Industry will contribute co-funding, bringing the total investment to over £1 billion. The funds will be used to build on the UK’s world-class research and development system to support the development of zero-carbon and ultra-low-emission aircraft technology, securing the UK’s position at the forefront of green technology advancement while…