“Spain is the sun, the air, the water, and the capital of renewable energy in the world.” A three-day international conference on renewable energy and how Europe can produce it independently began on Monday in Madrid. The nation is on track to surpass Russia as the continent’s top producer of green hydrogen. Spanish Prime Minister Pedro Sánchez boasts, “Even from the world.”
Hydrogen is stored and transported using a lot of ammonia. The security dangers for the ports in Rotterdam and Zeeland worry DCMR. You’re talking about 100,000 train cars every year when it comes to large-scale ammonia storage.
Researchers from the Institute for Basic Science (IBS) in South Korea have revealed a novel technique for utilizing heat treatment to create evenly sized cobalt-platinum (Co-Pt) alloy nanoparticles.
According to a recent assessment by the Minerals Council of Australia (MCA), Australia has the potential to be a large clean hydrogen supplier and a global leader in the production of clean ammonia.
The green hydrogen project led by former Woodside CEO Peter Coleman has welcomed South Korean firm Samsung C&T as a significant equity partner. This will be both companies’ first attempt to produce carbon-free fuel on Australian soil.
Assuming willingness to finance it if it meets “eligibility criteria,” the European Investment Bank (EIB) is in “exploratory talks” with Portugal, Spain, and France on the future “green” hydrogen-fit maritime pipeline to boost Iberian interconnectivity.
According to a recent study from Rice University’s Baker Institute for Public Policy, a successful energy transition also necessitates a change in policy and market structure. Texas’ legacy energy economy and geology are ideal for developing a robust hydrogen market, which will play a crucial role in sustainability.
The balance of power in the energy markets will also change as a result of future industrial production using less coal, oil, and gas. A study estimated that the investments will cost ten trillion dollars.
Green hydrogen is anticipated to be one of the main beneficiaries of this financial excess in the upcoming years due to the high oil prices that allowed traditional energy businesses to store huge quantities of capital that are now being absorbed into the cleantech industry.
Green hydrogen as an energy carrier is once more generating a lot of interest in both the scientific and political worlds. It offers a flexible substitute for non-renewable fossil fuels, has a high energy density, can be stored as a gas or a liquid, and is relatively simple to transmit via pipeline.
