The Boston Consulting Group estimates that $13 trillion in private sector investment is required in hydrogen and carbon capture, storage, and utilisation technologies in order to achieve carbon neutrality by the year 2050. (CCUS).
Browsing: SPOTLIGHT
Researchers at RMIT University have created a less expensive and more energy-efficient method of producing hydrogen straight from seawater.
China and Egypt are attempting to strengthen their commercial and business ties in a number of sectors of shared interest, including clean energy and green hydrogen.
According to research from Rystad Energy, where 52 projects totaling 114 gigawatts of capacity are now in the pipeline, Africa is outpacing Australia in terms of actual plans for producing green hydrogen.
International organizations have submitted a total of 29 proposals to assist South Australia in implementing its Hydrogen Jobs Plan in response to the market’s overwhelming demand for the delivery of the key election promise.
In the upcoming years, Algeria wants to increase its exports of hydrogen, particularly to European markets. And by tapping on the enormous potential it possesses in the areas of infrastructure and renewable energy.
Both the public and business sectors now prioritise investing in hydrogen when considering sustainable energy projects.
Since worldwide policies promote renewable energy as an alternative to fossil fuels, green hydrogen generation in Africa has been the world’s focus.
According to the World Platinum Investment Council, hydrogen will be crucial in efforts to attain net zero, and investment, cooperation, and the introduction of supportive government policies are intensifying to achieve this, directly helping platinum demand (WPIC).
South Africa is experiencing a continuing energy crisis, and with no end in sight, it is time to consider extending the country’s present alternative energy sources.
