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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.

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DOE releases draft guidance for Clean Hydrogen Production Standard (CHPS)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The US Department of Energy (DOE) released draft guidance for a Clean Hydrogen Production Standard (CHPS), developed to meet the requirements of the Bipartisan Infrastructure Law (BIL), Section 40315.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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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 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 awarding $52.5M to 31 clean hydrogen projects

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million to fund 31 projects to advance next-generation clean hydrogen technologies and support DOE’s recently announced Hydrogen Energy Earthshot initiative ( earlier post ) to reduce the cost and accelerate breakthroughs in the clean hydrogen sector. million from the Office of Fossil Energy and Carbon Management (FECM).

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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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Monolith’s cyan hydrogen is produced by injecting natural gas containing methane (CH 4 ) as a main component into a high-temperature reactor and decomposing it into hydrogen (H 2 ) and solid carbon (C). The solid carbon is processed into carbon black, the main component of tires, and sold.

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Canada publishing final new Clean Fuel Regulations

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Canada will publish the final Clean Fuel Regulations (CFR) in the Canada Gazette Part II on 6 July 2022. The CFR set increasingly stringent requirements on producers and importers to reduce the carbon intensity of gasoline and diesel. The Clean Fuel Standard will require liquid fossil fuel primary suppliers (i.e., gCO 2 e/MJ.

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