Browsing: SPOTLIGHT

According to a new report from energy market experts BloombergNEF, 2022 will be a banner year for the green hydrogen industry, as a growing focus on industrial decarbonization and lowering technological prices drive further investment in new renewable hydrogen production capacity.

Clean hydrogen is being hailed as a potential panacea for decarbonizing sectors such as steel and chemicals. These sectors are now unable to be fully electrified due to the high energy demands of industrial operations and chemical reactions.

According to a new report by the International Renewable Energy Agency (IRENA), the rapid expansion of the global hydrogen economy…

Hydrogen-related companies, such as Doosan Fuel Cell, have continued to fall after surging last year, according to the financial investment sector on the 17th.

The import and initial registration of old diesel automobiles will be prohibited in Ukraine beginning January 1, 2027, while gasoline and new diesel cars will be prohibited beginning January 1, 2030.

China has made hydrogen a priority. However, coal gasification provides around two-thirds of China’s hydrogen supply, not green hydrogen.

IRENA says green hydrogen could disrupt global trade and bilateral energy relations, reshaping the positioning of states with new hydrogen exporters and users emerging.

Ammonia is the preferred carrier of hydrogen in the current wave of hydrogen export projects. Wood Mackenzie’s Hydrogen Project Tracker,…

critics say pursuing green hydrogen as a fuel source is not the best solution for combatting climate change because it’s inefficient and is often created with carbon-emitting energy sources.

For a variety of industries, sectors, and end-use applications, hydrogen may be the only viable decarbonization alternative. Costs are still high, but this might alter drastically over the next decade as international interest rises as demand and supply side variables, such as increasing carbon pricing, increase.