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.…
Author: Anela Dokso
The first fleet of hydrogen-powered buses has hit the streets as part of Tper’s transition toward zero-emission public transportation.
STORAG ETZEL GmbH and EnBW Etzel Speicher GmbH have agreed to develop large-scale hydrogen storage at the Etzel site.
BlackRock has introduced a new energy-focused exchange-traded fund (ETF).
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…
FuelCell Energy team up with the Idaho National Laboratory to explore hydrogen generation using nuclear power.
Genera has recently signed a contract with Tesla to provide 430 megawatts (MW) in energy storage systems.
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.
Enagas and Sonatrach, two major energy companies, are exploring a potential partnership to advance in the production and distribution of green hydrogen.
HFI Energy Systems plans to develop a 500 MW green hydrogen energy park in Whitehall, Montana.