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A group of Harvard University, Shandong University, China University of Petroleum Beijing, and Huazhong University of Science and Technology researchers investigated the feasibility of creating hydrogen by electrolysis utilizing power provided by offshore wind in China.
The new plant will power with clean fuel a direct steel reduction furnace with a capacity to produce around 2 million tonnes per year of pure green steel, with a 95% reduction in CO2 emissions.
A feasibility study for the Central Queensland Hydrogen Project is being carried out by a consortium led by Stanwell Corporation, which includes Japanese companies Iwatani Corporation, Kawasaki Heavy Industries, Kansai Electric Power, and Marubeni Corporation, as well as the Australian group APT Management Services (APA) (CQH2).
Shanxi, which has a long history of coal mining, has recently undertaken an economic transition to lessen its dependency on coal and increase its use of innovative and renewable energy sources.
The Project ties in with Chile’s ambition to feature among global leaders in the production of green hydrogen via electrolysis, with a target of 25 GW by 2030.
The experiment shows that the technology for utilizing hydrogen (H2) as an energy carrier is now advanced.
Ukraine had already expressed its willingness to supply this fuel to the EU. Is there a prospect for Kiev to get a slice of the hydrogen pie?
A preliminary study has been completed by the project’s partner, Chinese state-owned business PowerChina International Group Ltd, according to the developer of electricity and natural-resource projects.
Green hydrogen, created by splitting water molecules with renewable power, is being pushed for investment by the European Union and numerous worldwide firms in the hopes of replacing polluting fuel in heavy industries.
Steel companies are being pushed to achieve net-zero emissions by 2050 as a result of government and corporate net-zero commitments. Efforts to decarbonize steel production are at the heart of China’s, Japan’s, Korea’s, and the European Union’s net-zero goals.
