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

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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
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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price 416
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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. —MITEI Director Ernest J.

MIT 240
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. The steel industry cannot afford to wait for the 2040s to start its transition. Retrofit or close any remaining coal-fired capacity by 2050. Today’s new plants are tomorrow’s retrofits.

Hydrogen 221
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Stealth Ventures Ltd. and Clean Coal Ltd. Partner on Underground Coal Gasification Project in Nova Scotia

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has entered into an agreement with Clean Coal Ltd., an internationally based company whose technical team is based in the United Kingdom, for the development of an Underground Coal Gasification (UCG) project in Nova Scotia. Clean Coal Ltd. Clean Coal Ltd. Clean Coal Ltd. Stealth Ventures Ltd. Stealth Ventures Ltd.

Coal 170
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Pertamina to collaborate with Celanese to develop fuel ethanol projects using Celanese TCX process in Indonesia; use of lower-rank coal

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TCX builds on Celanese’s acetyl platform and integrates new technologies to produce ethanol using basic hydrocarbon feedstocks—natural gas, coal and pet coke now, with biomass and waste planned for the future. Earlier post.). So far, Celanese has been targeting the industrial ethanol market as part of its acetyl business.

Indonesia 231
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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

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The partnership centers on driving forward the production of carbon-neutral steel, with a plan to replace coal with wind power and green hydrogen as the main source of energy in steel production at ArcelorMittal’s steelmaking sites in Germany.

Wind 195