A UK Parliament research found that hydrogen is unlikely to be feasible and affordable for mass usage in heating homes or powering cars in the near future.
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Australia shows that renewable energies are outpacing fossil fuels, but not by much. The Office of the Chief Economist at the federal Department of Industry, Science, and Resources estimates that Australian resource and energy projects are worth A$702 billion ($471 billion).
Western and Asian corporations are collaborating on enormous projects to develop green hydrogen, a promising power source. Major Western oil…
A large number of projects totalling 266 billion Australian dollars ($178 billion) have been proposed for it, but only one hydrogen project has received Australia Investments’ commitment. This demonstrates the scope of the challenge it faces in its quest to become a significant exporter of clean fuel.
According to a recent industry assessment, a Hydrogen Storage Business Model—a crucial tool that will increase the UK’s energy security—is urgently required, with interim steps in place before 2025.
The monthly amount of hydrogen leaks is rising along with the number of hydrogen recharging stations.
Bernard Looney, CEO of BP, believes that hydrogen will fuel future low-carbon businesses.
Fuel costs rose in 2022, increasing the government’s ambition for efficiency. As a result, many significant policies, spending pledges, and public campaigns were introduced.
Transport & Environment labeled the hydrogen strategy of the European Commission as “unsustainable” (T&E).
Egypt expects to export 50% of the EU’s green hydrogen by 2040, making it the global regional center for green hydrogen by 2030.
