POSCO International stated on Sunday that it has entered into a joint investment agreement with Hancock Energy to purchase Senex Energy shares.
Author: Arnes Biogradlija
Now that hydrogen’s importance in India’s (or any country) climate action has been recognized, the focus has shifted to finding low-cost means to create the gas.
The LEAG subsidiary Transport- und Speditionsgesellschaft Schwarze Pump (TSS) GmbH and the Saxon village-based transport and logistics company REINERT LOGISTICS are partners in the “Sustainable Use of Hydrogen in Public Transportation” initiative.
Angstrom Advanced Inc. has announced the delivery of their newest Angstrom 2.5MW containerized single stack hydrogen production system, which contributes significantly to “green photovoltaic hydrogen generation and worldwide carbon-neutrality.”
Plug Power Inc. has completed the acquisition of Frames Group, a market leader in turnkey energy system integration, following the announcement of the definitive agreement on Nov. 9, 2021. Plug Power gains technical, process, and systems integration capabilities through the purchase of Frames Group, enabling the company to scale the delivery of green hydrogen solutions. “We are thrilled to welcome today 300 new employees within Plug Power, and to expand our presence globally, with employees in the Netherlands, India, the United Emirates, Malaysia and Brazil. The Frames Group’s process and control systems integration expertise, combined with Plug Power’s world-class electrolyzer…
Brazil takes a new step toward energy transition. Eletrobras FURNAS has launched a research facility for green hydrogen generation in the Itumbiara Hydroelectric Power Plant, located between Minas Gerais and Goiás. With a R$ 45 million investment, the goal is to obtain expertise for the entire Brazilian electric sector and contribute to the country’s energy matrix transition. The primary purpose of the research is to evaluate the storage and integration of seasonal and intermittent energy sources into the National Interconnected System (SIN). Eletrobras FURNAS was assisted in launching the project by the companies Base-Energia Sustentável and PV Solar, as well…
According to Canberra’s first status report on its hydrogen strategy, issued in 2019, three major challenges to developing the country’s hydrogen strategy are increasing demand for hydrogen and its derivatives, attaining low-cost production at scale, and lowering delivery costs. The federal government and each of the country’s six state governments have each developed their own hydrogen programs as part of the energy transition away from fossil fuels and toward low-GHG fuels such as hydrogen. Australia is the world’s largest LNG exporter and the second largest supplier of thermal coal. Global adoption of clean hydrogen will require persistent effort to overcome…
The development of hydrogen transportation infrastructure in Europe will raise demand for big diameter steel pipes starting in 2024, Russian integrated steelmaker Severstal stated today. The business anticipates delivering hydrogen-transporting pipes within the next couple of years. According to Dmitry Goroshkov, head of energy sales and business development, the chemical qualities of the gas make it doubtful that current pipelines can safely transport it for extended periods of time. Energy companies are investigating whether they can use existing pipelines to transmit a mixture of methane and hydrogen that can be separated at the destination, or whether they can insulate existing…
S&P Global Platts (Platts) has launched the world’s first suite of Carbon Neutral Hydrogen (CNH) analyses, which will be available beginning December 9, 2021. Platts CNH assessments, which are based on Platts’ first-to-market cost of hydrogen production valuations, reflect the carbon neutral value of hydrogen as it exits production facilities in Northwest Europe, the Middle East, Far East Asia, Australia, California, and the US Gulf Coast. Platts CNH assessments take into account carbon neutral trade activity in which emissions have been avoided where possible by low-emission generation, eliminated through the use of carbon capture and storage, and compensated through the…
Global Energy Venture, an integrated green hydrogen development company, announced significant appointments for the compressed hydrogen ship’s next phase of detailed engineering. Martin Carolan, GEV’s Managing Director & CEO, commented: “The appointments of Capilano and Wartsila will continue on from the successful concept design phase in 2021 which resulted in the receipt of Approval in Principle for both the 430 tonne and 2,000 tonne ships. Capilano and Wartsila will continue to work with our naval engineering team based in Canada. “The engineering program in 2022 is key to achieving Approval for Construction in the first half of 2023. This will…