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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

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CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

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Clean fuels replaced more than 50% of the diesel used in the state in the first quarter of 2023, according to the California Air Resources Board (CARB). Source: CARB Carbon intensity for the LCFS program is measured through lifecycle analysis of a fuel which includes all steps from extraction, transport, and production.

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DOE releases draft guidance for Clean Hydrogen Production Standard (CHPS)

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The US Department of Energy (DOE) released draft guidance for a Clean Hydrogen Production Standard (CHPS), developed to meet the requirements of the Bipartisan Infrastructure Law (BIL), Section 40315. by employing high rates of carbon capture, using low-carbon electricity, or mitigating upstream methane emissions).

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ACE selects Topsoe as low carbon technology provider for proposed $7.5B clean hydrogen-ammonia project

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Ascension Clean Energy (ACE), a joint venture led by Clean Hydrogen Works (CHW), selected Topsoe to provide licensing, engineering, proprietary hardware, and catalyst for its planned world-scale clean energy production and export facility in Ascension Parish, Louisiana. The projected $7.5-billion The projected $7.5-billion

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DOE launches Clean Fuels & Products Shot

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The US Department of Energy (DOE) launched the Clean Fuels & Products Shot , a new initiative that aims to reduce greenhouse gas emissions (GHGs) from carbon-based fuels and products significantly. Biomass and waste conversion technologies designed to use green electricity and hydrogen to maximize carbon retention in products.

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DOE establishes Office of Clean Energy Demonstrations; supporting hydrogen, batteries, SMR, more

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The US Department of Energy (DOE) has established the Office of Clean Energy Demonstrations, a new DOE office that will support clean energy technology demonstration?projects projects in areas including clean hydrogen, carbon capture, grid-scale energy storage, small modular reactors, and more.

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Mitsubishi Heavy invests in Monolith Materials to support clean hydrogen production

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Olive Creek 1 in Hallam, Nebraska is Monolith Materials’ first commercial-scale emissions-free production facility designed to produce approximately 14,000 metric tons of carbon black annually along with clean hydrogen. While we’re evaluating a number of clean-energy development options, Monolith offers great promise.