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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

Hydrogen 473
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Navigator CO2 to provide ~600k TPA of CO2 as a feedstock for ultra-low carbon Infinium eFuels

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Electrofuels provider Infinium and comprehensive carbon management company Navigator CO2 entered into a Memorandum of Understanding and long-term relationship for Navigator to deliver 600,000 tons per annum (TPA) of biogenic carbon dioxide from its Heartland Greenway system to a future Infinium facility for the production of electrofuels (eFuels).

CO2 273
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International Lithium Association (ILiA) established to be the voice of the global lithium industry

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The world has entered the “lithium century” almost without noticing it, but until now this critical industry lacked a central voice. Orocobre Ltd; and Pilbara Minerals, which between them account for well more than half of global lithium production. The five founding members of ILiA are SQM; Ganfeng Lithium Co., Ltd; AMG Brazil S.A.;

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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

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The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
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ULEMCo signs MoU with ENGV Pty Ltd to open the market for hydrogen conversions in Australia

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UK-based ULEMCo signed an exclusive MoU with ENGV Pty Ltd to collaborate on developing a market for its hydrogen dual fuel technology in Australia. The scope of the agreement extends across Australia and into commercial vehicles, particularly heavy-duty applications like refuse collection, urban trucks, buses and prime movers.

Australia 259
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Alcoa exploring technology to reduce carbon emissions in alumina refining; MVR powered by renewable energy

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The Australian Renewable Energy Agency (ARENA) is awarding Alcoa of Australia $8.8 The development project has the potential to reduce carbon emissions in the alumina refining process significantly. The development project has the potential to reduce carbon emissions in the alumina refining process significantly. million (A$11.3

Renewable 221
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RUSAL opens new low-carbon aluminum smelter in Taishet

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Russia-based RUSAL, a global aluminum producer, opened the first phase of its low-carbon aluminum production plant, Taishet Aluminum Smelter (TaAZ), in Taishet, Siberia. Full scope CO 2 emissions will be one of the lowest in the industry, the company claims. of global production of aluminum and 6.5%

Carbon 186