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

Green Car Congress

This shows an upward trend in the low-carbon hydrogen market development, which could be decisive in achieving over 111 million tons per annum (mtpa) capacity worldwide by 2030. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries. million to over $3,001.1

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BNEF: cost of new renewables rises as inflation starts to bite

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The cheapest renewable power projects in the first half of 2022 were able to achieve an LCOE of $19/MWh, as in best-in-class onshore wind farms in Brazil, and $21/MWh for tracking PV farms in Chile, and $57/MWh for offshore wind in Denmark. These cost hikes mark a rough patch for renewables, but not an inflection point.

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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

Green Car Congress

RINA, the inspection, certification and consulting engineering multinational, and AFRY, a European leader in engineering, design, and advisory services, have undertaken an initial study of how the Gulf region and Europe could be linked directly with a pipeline to transport low-carbon hydrogen. million tonnes of hydrogen annually.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint. The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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Even if the current Nationally Determined Contributions (NDCs) are fully implemented, the carbon budget for limiting global warming to below 2 ËšC will be about 80% depleted by 2030. Given currently available carbon budget estimates, the available global carbon budget for 1.5 ËšC C will already be well depleted by 2030.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

Semiconductors, green hydrogen, renewable energy, electronics, MSMEs, and electric mobility are some of the focus areas for the summit. We are constructing the world’s largest Renewable Energy Park at Khavda and investing Rs 2 lakh crore in Gujarat.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Renewables in total will account for about 15% of energy demand in 2040.

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