According to Public Works and Infrastructure Minister Patricia de Lille, nine green hydrogen projects will obtain priority status this week, which means they will move through more quickly.
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New projects, agreements, and technology for producing and storing green hydrogen have been disclosed by numerous businesses and laboratories in Germany, Canada, the United States, Indonesia, and Thailand.
According to data tracked by the specialized energy platform, India’s green hydrogen plan is essential to attaining its aim of becoming carbon neutral and a developed nation by 2047.
UK government declared in August that it hoped the UK would become a global leader in the hydrogen industry, leading to the creation of “tens of thousands of jobs” and “billions of pounds of investment” via export potential.
Vice Chairperson and CEO of ACWA Power Paddy Padmanathan predicts that by 2026, the company will invest up to $10 billion in Egypt.
With an investment of $2.8 billion, Sinopec is implementing its plan to develop a massive green hydrogen project in Inner Mongolia in northern China.
HRCs could take advantage of their hydrocarbon resources, geographic locations, access to abundant renewable energy (in some cases), and highly developed infrastructure.
In the quest to eliminate emissions from heavy transportation, Westport Fuel Systems is mounting a challenge to electric traction using batteries and hydrogen fuel cells.
The region’s energy, manufacturing, and transportation industries could undergo a revolution thanks to green hydrogen, which would turn it into a global center for the so-called “energy vector of the future.” However, there are certain significant obstacles to its ongoing deployment that must be considered.
According to the China National Coal Association, “green hydrogen,” accounted for only 1% of China’s hydrogen production in 2020 due to high costs and emerging technologies. Coal accounted for two-thirds of China’s hydrogen production, while natural gas-generated hydrogen, or “blue hydrogen,” accounted for the remaining 19%.