Remove Affordable Remove Coal Remove Gas-Electric Remove Green
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. By 2050, green hydrogen could be the cheapest production method for steel and capture 31% of the market. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
article thumbnail

Australia Goes All-in on Green Hydrogen

Cars That Think

They’ve been studying up on renewable energy, hydrogen power, and electric vehicles, preparing for the big day in April when their remote-controlled vehicles will rumble for 4 hours in Gladstone, a port city in Queensland. The task: make the most of a 30-watt fuel cell and 14 grams of hydrogen gas. Why a hydrogen truck?

Australia 145
article thumbnail

ENEOS begins joint study with Origin on Japan-Australia green hydrogen supply chain; MCH as transport medium

Green Car Congress

Origin is a leading integrated energy company in Australia with extensive experience ranging from natural gas exploration and production, generation and wholesale to electricity and gas retailing. Specifically, Origin will focus on use of renewable energy supply and water electrolysis cells for hydrogen production.

Australia 221
article thumbnail

IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

Green Car Congress

In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil.

Clean 255
article thumbnail

RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

Green Car Congress

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195
article thumbnail

DOE awards $2.4M to 3 projects for next-generation grid energy storage

Green Car Congress

million in funding for three projects to advance novel thermal and hydrogen energy storage technologies toward increased duration, reliability and affordability. Gaston Electric Generating Plant in Wilsonville, Alabama. The US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) recently awarded $2.4

article thumbnail

Maverick Synfuels introduces affordable small-scale methane gas-to-liquid modular methanol plants

Green Car Congress

The Maverick Oasis system allows producers to monetize biogas and natural gas (including associated or flare gas, and stranded gas reserves), as an alternative to producing electricity or venting greenhouse gases into the atmosphere. —Jeff Harrison, Maverick’s Chief Engineering Officer.

Gas 210