A cornerstone of the clean energy transition, green hydrogen holds the promise of replacing fossil fuels in industries spanning from chemical factories to power plants. However, this ambitious journey is not without its challenges, particularly in terms of cost. The energy giant RWE’s recent stance sheds light on the pivotal role subsidies play in accelerating the adoption of green hydrogen technology.
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As the world grapples with the urgent need to transition towards sustainable energy sources, the spotlight shines brightly on green hydrogen as a potential game-changer.
Germany is poised to turbocharge its hydrogen market expansion. With an ambitious update to its National Hydrogen Strategy, the country is setting its sights on doubling its domestic electrolysis capacity by 2030, catapulting it to at least 10 gigawatts (GW).
Brazil is setting its sights on a remarkable endeavor – the production of low-carbon hydrogen. With a burgeoning portfolio of projects valued at around $30 billion, the country is harnessing its rich renewable resources to propel the evolution of a low-carbon hydrogen industry.
Portuguese-based Fusion Fuel is once again taking the lead in the green hydrogen revolution, this time submitting three innovative projects to Spain’s H2 Pioneers II programme for crucial funding.
Researchers at the University of Colorado have ushered in a new era of sustainable energy with their groundbreaking advancements in green hydrogen and syngas production.
A groundbreaking endeavor to harness the power of green hydrogen and renewable energy sources is underway in South Africa, as a consortium of prominent companies is vying for the opportunity to construct and fund a pioneering 50 billion rand ($2.6 billion) hydrogen-focused port and rail link.
The vision of North Africa emerging as a prominent green hydrogen exporter by 2050 to meet Europe’s surging demand is no longer a distant dream. A recent report from accounting consultancy Deloitte has projected an industry that is poised to reshape the global energy map while contributing to a colossal $1.4 trillion-a-year market by 2050.
The green hydrogen landscape in the UK is set for a groundbreaking transformation as bp’s HyGreen Teesside project advances to the negotiation stage of the government’s progressive electrolytic hydrogen allocation round. With production slated to commence in 2026, this visionary project is poised to propel the nation’s ambitions for a sustainable energy future.
A landmark step towards a sustainable energy landscape has been taken as SK E&S Co., the natural gas power unit of the esteemed SK Group in South Korea, announced a groundbreaking preliminary agreement with local utility giant Korea Southern Power Co. (KOSPO).