The idea would have South Africa export up to 8 million tonnes of clean-burning fuel and its derivatives by 2050 and satisfy local demand of 2 to 5 million tonnes.
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The $5 billion Neom project in the northwest of the kingdom is “very much on pace” to be completed as planned in 2026.
Africa could capture up to 10% of the global green hydrogen market,
The “breakthrough agenda” initiative’s actions are intended to lower energy costs and improve food security and are focused on sectors that account for more than 50% of the world’s greenhouse gas emissions.
A gasoline engine may now run on plain water thanks to new technology developed at the Kuzbass State Technical University.
A Joint Study Agreement on green hydrogen was signed by Pertamina Power Indonesia, Keppel, and Chevron.
The EU’s energy policy, which is being backed in Italy by money from the PNRR, has as its objective to make Europe the first continent with zero emissions by 2050.
The largest energy firm in Germany plans to evaluate the progress of the hydrogen economy twice a year.
A deal was signed in Munich that should be advantageous to all parties.
Germany has gathered the richest industrial nations to hasten the process.
