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IHS Markit: production of carbon-free “green” hydrogen could be cost-competitive by 2030

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Costs for producing green hydrogen have fallen 50% since 2015 and could be reduced by an additional 30% by 2025 due to the benefits of increased scale and more standardized manufacturing, among other factors. Economies of scale are a primary driver for green hydrogen’s growing cost competitiveness.

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California Energy Commission publishes investment plan for alt and renewable fuel and vehicle technology, 2014-2015

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2015 Investment Plan Update for the Alternative and Renewable Fuel and Vehicle Technology Program”. 2015 Investment Plan Update covers the sixth year of the program and reflects laws, executive orders, and policies to reduce greenhouse gas emissions, petroleum dependence, and criteria emissions. The 2014-2015 plan.

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Bi-partisan bill in Senate to advance deployment of renewable fuel infrastructure, expand access to higher biofuel blends

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US Senators Amy Klobuchar (D-MN) and Joni Ernst (R-IA) reintroduced bipartisan legislation to create a renewable fuel infrastructure grant program and streamline regulatory requirements to help fuel retailers sell higher blends of ethanol.

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ITM Power calculates its hydrogen production costs fall below EU 2015 targets

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ITM Power has calculated the cost of hydrogen produced by its HFuel electrolysis system (sized at 100 kg/day), to range from £3.88/kg The European cost target for hydrogen generation starts at €16.60/kg kg) in 2015 and €5.50/kg The European cost target for hydrogen generation starts at €16.60/kg kg) in 2015 and €5.50/kg

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Delek sells AltAir renewable diesel/jet business to World Energy for $72M

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The sale includes all of Delek’s membership interests in AltAir Paramount, LLC which operates a 3,000 barrel per day renewable diesel and renewable jet fuel facility, Delek’s idled Paramount refinery, and associated pipelines and storage tanks. Earlier post.). We continue to evaluate options for our Long Beach and Bakersfield assets.

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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

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This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. —Seb Henbest, head of Europe, Middle East and Africa at BNEF.

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EPA delays issuing 2014 RVO standards for RFS until sometime in 2015

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The US Environmental Protection Agency (EPA) will not finalize the 2014 applicable percentage standards (the 2014 Renewable Volume Obligations, RVOs) under the Renewable Fuel Standard (RFS) program until sometime next year. The RFS requires a certain percentage of renewable fuels in the US fuel pool. Background. Earlier post.).

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