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The European Commission provided an overview of a proposal to make Europe self-sufficient in Russian fossil resources long before 2030 on March 8, 2022.

JP Morgan stated that “stocks concentrating on future transportation have remained excellent” and that “electric or hydrogen transportation will expand owing to rising coal prices.”

Green hydrogen is seen as a viable replacement for fossil fuels. His breakthrough in Germany, however, has yet to materialize. With Russia’s invasion of Ukraine, fresh attempts are being made to reduce reliance on fossil resources. Is a green hydrogen transition on the horizon?

After a trip to Japan, the administration is now consulting with India. And what about China? The Federal Chancellor takes a different path and no longer gives the most important trading partner total priority.

Along with local hydrogen generation, large-scale green hydrogen imports will be required to meet the European Green Deal and Fit for 55 commitments.

ArcelorMittal’s objective is to lead the steel industry’s decarbonization, and this test marks a significant step forward in the company’s quest to make zero-carbon steel utilizing green hydrogen as an input via the DRI-based steelmaking approach.

TÜV Rheinland has opened an H2 laboratory in Cologne to pave the way for the safe use of hydrogen in boilers, burners, and instantaneous water heaters

“Energy Observer 2,” which will be propelled by hydrogen and sail at a commercial speed of 12 knots, will have 1,450 m2 of sail area, which will contribute between 15 and 40% of the ship’s energy, and 4 megawatts (MW) of electric propulsion.

Nexway, a member of the Comec group, approved the initial agreement. The firm will manufacture the input with the goal of participating in the ammonia storage pool at Porto do Pecém’s upcoming H2V hub.

The hydrogen fuel cell vessel is based on low-temperature proton exchange membrane technology (LT-PEM) called fuel cell electric vessel (FCEV) is expected to cost around Rs. 17.50 crores.