A new report prepared by the South Asia Regional Energy Partnership (SAREP) estimates India will reach an annual green hydrogen demand of 2.85 million metric tons (MMT) by 2030 if existing momentum in the public and private sectors for green hydrogen continues and announced projects get implemented. The report highlights that the fertilizer and export sectors will account for nearly 37% and 29% of the total 2.85 MMT green hydrogen demand, respectively.
The Ministry of Environment, Climate Protection and Energy Sector in Baden-Württemberg, Germany is launching a new hydrogen demand analysis in partnership with relevant stakeholders.
Baden-Württemberg, a state in southwestern Germany, is launching a hydrogen requirement analysis to determine current and reliable figures for future demand.
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.
The global shift towards renewable energy sources and decarbonization has led to increased interest in green hydrogen production.
The Association of Municipal Companies (VKU) in Germany has raised concerns over the feasibility of the government’s plans to switch to hydrogen gas networks in 2024. VKU Managing Director Ingbert Liebing has warned that the “rigid specifications” in the current draft of the Building Energy Act (GEG) could lead to a failure of the heat transition plans of the Federal Government. Liebing criticized the “rigid requirements” for around 500 municipal utilities with regard to gas and district heating, which he believes are counterproductive and have the opposite effect.
Morocco’s King Mohammed VI has given instructions for the development of a “Morocco Offer” in the green hydrogen sector, with the aim of accelerating the process of decarbonization of the Moroccan economy.
The German Environmental Aid (DUH) has raised concerns that loopholes in the upcoming heating replacement could delay the end of fossil fuel systems and cost consumers dearly. The DUH, along with other organizations, has warned that the approval of “H2-ready” devices, which are gas heaters that can be converted to hydrogen, may lead to the continuation of gas heating systems.
Wind power will soon become a more reliable source of electricity thanks to new technologies. Several parties are now working on the synthesis and storage of hydrogen using wind energy so that extra energy can be used when the wind is not blowing.
In order to simplify the integration of renewable and low-carbon gases into the EU gas market, the energy ministers of the EU came to an agreement on Tuesday to develop the market for “low-carbon” hydrogen, such as that produced by nuclear energy.
