Woodside Energy, one of Australia’s leading energy companies, has chosen to defer a final investment decision (FID) for its ambitious clean hydrogen project in the United States.
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Vortex Energy Corp and the University of Alberta, a quest for the efficient storage of hydrogen has been initiated. The project is set to explore the potential of salt caverns, natural underground formations, for preserving hydrogen, an invaluable clean energy source.
Ontario is on a determined path towards greener, more sustainable energy solutions, making significant strides in positioning itself as a leader in the growing hydrogen economy.
The pursuit of cleaner and more sustainable energy sources is a global imperative, and a newly released report by the Hydrogen Council emphasizes the pivotal role of hydrogen in the transition from unabated fossil fuels to clean energy. “Hydrogen in Decarbonized Energy Systems,” co-authored by the global energy advisory firm Baringa, provides profound insights into how hydrogen can revolutionize energy systems worldwide.
The battle against climate change is reaching a critical juncture. To limit global temperature increases to 1.5ºC by 2050, we need innovative solutions, and a recent report by Boston Consulting Group highlights the pivotal role of hydrogen and carbon capture and storage in this quest. However, it’s not just technology we need; it’s a massive financial investment of 13 billion euros.
Macquarie Asset Management has made a significant investment of up to $325 million in Atlas Agro Holding AG (Atlas Agro) and its affiliated projects through the Macquarie GIG Energy Transition Solutions (MGETS) fund.
The United States is making significant strides in its pursuit of a low-carbon hydrogen economy, with a recent report by consultancy Wood Mackenzie highlighting the importance of private investment in achieving the ambitious goals set by the Biden administration.
Brazil is setting its sights on becoming a major player in the low-emission hydrogen sector, with Thymos Energia estimating that the country needs to invest a substantial $28 billion in hydrogen projects by 2030. This ambitious endeavor aims to produce 20 million tons of hydrogen per year, a goal that could potentially increase to 38 million tons per year, considering projects in various stages of development.
MIT engineers are on the verge of a clean energy breakthrough that could revolutionize hydrogen production and help eliminate the dependence on fossil fuels.
Charbone Hydrogen Corporation has taken a momentous step. The company, which is fast emerging as a key player in hydrogen production, has executed a “Design and Build” construction agreement with one of Quebec’s largest construction giants, EBC. This strategic agreement, dated October 13, 2023, is poised to revolutionize the hydrogen landscape.
