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. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 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

DOE selects 9 universities for about $2.7M in advanced coal technologies research awards

Green Car Congress

The US Department of Energy (DOE) has selected nine universities for awards for research projects that will continue to support innovation and development of advanced, lower emission coal technologies. The projects selected for awards include: Improved Alloys. DOE Share: $293,519). Brown University. DOE Share: $300,000). DOE Share: $300,000).

Coal 250
article thumbnail

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

Green Car Congress

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. So far, Celanese has been targeting the industrial ethanol market as part of its acetyl business. Earlier post.).

Indonesia 231
article thumbnail

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

Green Car Congress

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. Industry needs both in large quantities as soon as possible in order to achieve its climate targets.

Wind 195
article thumbnail

Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal. The industry has also had trouble selling EVs down market, with the segment historically catering to more affluent buyers. Our business needs three things from the U.K.

Hyundai 104
article thumbnail

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

Green Car Congress

In the study, the two companies will jointly examine the potential for the reliable supply of affordable hydrogen made with renewable energy in Queensland. Receipt, storage and dehydrogenation of MCH at ENEOS refineries and supply of hydrogen for industrial use at nearby thermal power plants, steel refineries, etc.

Australia 221