Author: Anela Dokso

Green Hydrogen

Australia’s Senate has passed Labor’s significant tax break plan worth $13.7 billion aiming to boost the production of green hydrogen and critical minerals like lithium and nickel. This move is designed to bolster emerging green industries in Australia while reducing reliance on China’s supply chain for such minerals. The new tax initiative offers a 10% concession on processing and refining these minerals from 2027 to 2040 along with a $2 per kilogram incentive for green hydrogen production. Although the Coalition opposed this bill, labeling it as a benefit mainly for the wealthy, it received support from the Greens and crossbenchers.…

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hydrogen

Despite a burgeoning enthusiasm for hydrogen as a clean energy source, recent indicators suggest a possible deceleration in its adoption. Nevertheless, within this flux, clean ammonia emerges as a contender, with projections indicating that by 2050, the cost of green ammonia may halve, potentially becoming more cost-effective than current blue and gray ammonia varieties in crucial global markets. A key player in this evolving landscape is China, which, due to its abundance of low-cost renewable resources and affordable electrolyzer technology, could transform into the most competitive exporter of green ammonia worldwide. This shift presents strategic options for China; while the…

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UAE Makes Big Step in Energy Storage

The United Arab Emirates (UAE) is making significant strides in the energy sector, particularly in energy storage. This move is part of the UAE’s broader strategy to diversify its energy sources and reduce reliance on fossil fuels.

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