Last May, German Minister Bettina Stark-Watzinger brought RWE and Shell to Australia to discuss hydrogen with bankers, investors, and politicians.
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The construction of power plants that initially burn natural gas and later transition to burning clean hydrogen is being pushed by European utilities. Nevertheless, the technology they rely on wastes energy and invites charges of “greenwashing.”
According to experts, the carbon dioxide (CO2) and hydrogen molecules will serve as the cornerstone of the EU’s future low-carbon synthetic fuel sector.
According to a hydrogen expert based in the UK, the idea of using green hydrogen to “green” up long distance trucking is absurd and “totally wrong.”
At the DEKRA Lausitzring, the DWV HyMobility Commission presented its inaugural key issues paper on the transformation of mobility in Germany.
The European Parliament’s Industry Committee rejected Markus Pieper’s motion on Tuesday, which claimed that the EU’s planned rules for renewable hydrogen were too “restrictive.” Markus Pieper is a German Conservative MEP.
By 2040, the Australian hydrogen industry may generate up to 72 000 new employment annually and be worth an estimated $40 billion, according to a recent analysis by National Energy Resources Australia (NERA).
According to a new study on hydrogen in ports and industrial coastal areas, the European Union needs to drastically speed up the deployment of hydrogen production, import terminal, reconversion, storage, transportation, and consumption infrastructure capacity in port ecosystems to meet its 2030 renewable hydrogen targets.
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).
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.
