Amid mounting pressures to reduce carbon footprints and enhance energy resilience, the U.S. Department of Energy (DOE) recently reiterated its…
Browsing: Analysis
The promise of green hydrogen has received a significant boost with the introduction of the 45V hydrogen production tax credit,…
At the end of 2024, renewable energy had dramatically increased its share of the global power capacity, reaching an unprecedented 46%.
In a revealing moment at the Airbus Summit in Toulouse, Airbus, the world’s largest airplane manufacturer, has highlighted the potential…
Ammonia production in Europe, largely reliant on hydrogen derived from fossil fuels, poses a significant challenge in meeting climate targets. The sector contributes to 27% of emissions from the European Union’s Emissions Trading System for the chemical sector.
Fortum’s recently concluded two-year feasibility study on new nuclear power—spanning small modular reactors (SMRs) and conventional large reactors—reveals a nuanced outlook: while nuclear could play a pivotal role in stabilizing the region’s energy mix, significant economic and regulatory hurdles remain.
A recent evaluation of the European Union’s hydrogen strategy showcases a complex landscape where optimism meets hard-edged realism. The EU’s…
Mexico has been thrust into the spotlight, potentially facing a loss of $10 billion due to what some experts term…
In 2024, global energy demand increased by 2.2%, surpassing the average growth rate of the past decade. This dramatic rise was led by a surge in electricity consumption, which increased by 4.3%, more than double the rate of global GDP growth.
The global white hydrogen market, valued at approximately $4.05 billion in 2024, is projected to reach $10.53 billion by 2033,…