French Bank Lazard has stated that the US Inflation Reduction Act (IRA) tax credits could make atom-powered electrolyzers more competitive than green hydrogen production.
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The global shift towards renewable energy sources and decarbonization has led to increased interest in green hydrogen production.
German electric truck maker Quantron and Norwegian hydrogen supplier Westgass Hydrogen have signed a strategic cooperation agreement to fuel hydrogen trucks across the Nordic countries.
Dutch Deputy Prime Minister and Minister of Foreign Affairs Wopke Hoekstra met with Saudi ministers of foreign affairs and energy to discuss cooperation between the two countries in various areas.
KBR has been awarded an engineering and design services contract by The Chemours Company to help expand capacity and advance technology for its Nafion ion exchange materials platform. The contract is part of Chemours’ $200 million investment to expand the Nafion membranes and dispersions technology platform to support the growing hydrogen economy.
Wales & West Utilities has embarked on a feasibility study exploring a new technique to produce low-carbon hydrogen from wastewater with funding from Ofgem’s Strategic Innovation Fund.
The UK’s green hydrogen pipeline has significantly grown to 1.8GW across 72 sites, according to Molly McCorkingdale, a market analyst at Solar Media, who spoke at the Green Hydrogen Summit in Lisbon, Portugal.
The Indian Department of Science and Technology (DST) has invited bids to establish Hydrogen Valley Innovation Clusters (HVICs) in the country.
Germany is moving closer to achieving its target of developing a green hydrogen market by the end of the decade, according to E.ON, one of the country’s largest utilities.
Portuguese oil company Galp is investing in advanced biofuels and green hydrogen as part of its decarbonization efforts. The company has opened two public consultations for the GalpH2Park (green hydrogen) and HVO (biofuels) projects in Sines, with a total investment of 486 million euros. The goal of these projects is to achieve a 50% reduction in carbon dioxide emissions from the Sines refinery by 2030.
