Browsing: Analysis and Opinion

The global ammonia industry is set for significant growth, with capacity expected to increase from 238 million metric tons per annum (mtpa) in 2022 to a substantial 311 million mtpa by 2030. This expansion is driven by 114 planned and announced ammonia plants scheduled to come online within this period, primarily in North America and the Former Soviet Union.

The pursuit of green hydrogen as a clean and sustainable energy source has been propelled to the forefront of the global energy transition. At the heart of this endeavor lies a fundamental process: water splitting, where water is transformed into oxygen and hydrogen through electrolysis.

The global push for renewable hydrogen is well underway, with hydrogen electrolyzers at the forefront of this green revolution. In Europe, the development of these electrolyzers is integral to the Net-Zero Industry Act, a significant part of the EU’s green industrial policy. However, the landscape of this emerging industry is far from settled, with Europe, China, and the United States vying for supremacy in electrolyzer technology.

Sinopec, the energy giant, recently unveiled a groundbreaking achievement in China’s quest for clean energy. The Xinjiang Kuqa green hydrogen demonstration project, the country’s largest photovoltaic power generation direct green hydrogen production initiative, has been successfully completed and is now operational.

Engineering giant Larsen & Toubro (L&T) is embarking on a new path in India’s green hydrogen landscape by embracing the asset ownership model, a departure from its usual asset-light stance, company officials revealed.

As the nation sets its sights on reducing carbon emissions and transforming its energy landscape, the path to a hydrogen economy is proving to be complex.

The spotlight is trained on sectors like steel, cement, and chemicals, as a new study commissioned by the EU Commission and conducted by Fraunhofer ISI delves into the ramifications of this industrial overhaul on the European energy system across multiple scenarios.

A recent study conducted by Deloitte has unveiled an interesting proposition: Morocco and Egypt have the potential to emerge as global frontrunners in the impending green hydrogen revolution.

A recent study conducted by the renowned Fraunhofer Institute has cast a shadow of uncertainty over the financial viability of green hydrogen production in Germany. The study highlights the predominant factor behind this conundrum: exorbitant production costs, particularly arising from electricity sourced from photovoltaic and wind power plants.

Africa could emerge as a significant player in the global green hydrogen sector, with the potential to generate over $1 trillion annually by 2035, according to a study funded by the European Investment Bank (EIB).