The United States is taking a significant step toward reducing emissions by allocating $3 billion to support the development of zero-emissions infrastructure in ports.
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The Strategic Clean Energy Partnership (SCEP) Ministerial was held in Washington D.C., led by U.S. Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri. This event focused on renewable energy, hydrogen, and energy storage.
HyTerra, an energy company, is making significant strides in hydrogen and helium exploration in the United States.
The United States has long touted hydrogen as a cornerstone for its transition to a more sustainable energy future, with the potential to significantly reduce carbon emissions and dependence on fossil fuels.
The global supply of low-carbon hydrogen is set to be dominated by the US, Europe, and China by the end of the decade, driven by strong regulatory support and ambitious growth targets, according to a recent report by BloombergNEF (BNEF).
Japan, the United States, and Canada have unveiled ambitious national hydrogen strategies, signaling a significant shift towards decarbonization.
Despite concerns over US green hydrogen subsidy rules, Fortescue has embarked on its first hydrogen production project in Buckeye, Arizona, acquired from Nikola.
The hydrogen industry has called upon the US Treasury Department to alleviate expected environmental requirements tied to new tax credits. Industry leaders have voiced concerns that the proposed stipulations might stifle the burgeoning hydrogen sector.
Expanding the use of hydrogen fuel in Europe and the United States may require an investment exceeding $1 trillion, according to a senior executive at Mitsubishi Heavy Industries.
S&B has completed the largest electrolytic liquid hydrogen production facility in the United States.
