This target is a broader European initiative to combat climate change and move towards a carbon-neutral economy by 2050. Adopting green hydrogen is crucial for decarbonizing various sectors, including transportation, industry, and heating.
Browsing: Analysis
According to the US Department of Energy’s Hydrogen Program Record, these installations could increase the country’s electrolyzer capacity from 116 megawatts (MW) to 4,524 MW.
Under the visionary leadership of President Gabriel Boric and Minister of Energy Diego Pardow, Chile is leveraging its unique natural and institutional advantages to attract significant investments and build a future-proof industry.
The Australian Renewable Energy Agency (ARENA) has unveiled its ambitious 30-30-30 strategy, aiming to drive down the cost of renewable energy to $20 per megawatt-hour (MWh) by 2030.
Green hydrogen stands as a linchpin in the energy transition, yet its precarious transport poses a quandary. Could ammonia be the solution, or does it carry a hidden environmental toll?
Initially anticipated to cost below €3 per kilogram by 2030, recent economic shifts and technical complexities are shattering these expectations.
Germany’s updated hydrogen strategy aims to accelerate the production and use of green hydrogen, a key component in the country’s transition towards a climate-neutral future.
The European Council has approved a proposal that sets ambitious emission reduction targets for the heavy-duty transport sector. These targets essentially mandate a gradual transition away from fossil fuel-powered vehicles, making way for zero-emissions trucks and buses fueled by hydrogen or batteries.
The cost of producing green hydrogen is a significant barrier, with a price tag of up to $8 per kilogram, roughly six times the cost of liquefied natural gas in Asia. To make green hydrogen more accessible, there’s a need to reduce production costs significantly.
Germany’s ambitious hydrogen plans have encountered a transportation dilemma, threatening to inflate the country’s hydrogen import costs.
