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UK awards £28M for 5 demonstration-phase low-carbon hydrogen production projects

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As part of a larger £90 million (US$117 million) package of awards to cut carbon emissions in industry and homes, the UK is awarding £28 million (US$36.5 million) to five demonstration phase projects for low-carbon hydrogen production. HyNet – low carbon hydrogen plant. Contract value: £3.12 million (US$4.1

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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 production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries.

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

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DOE announces $11.5M in Phase 1 funding for carbon capture and storage program; ARPA-E FLECCS

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million in funding for 12 projects as part of Phase 1 of the Advanced Research Projects Agency-Energy’s (ARPA-E’s) FLExible Carbon Capture and Storage (FLECCS) program. Later in the program, teams that move to Phase 2 will focus on building components, unit operations, and prototype systems to reduce technical risks and costs.

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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. This is how it goes with clean energy.

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European Union adopts strategies for energy system integration and hydrogen; Clean Hydrogen Alliance

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The two strategies present a new clean energy investment agenda, in line with the European Commission’s Next Generation EU recovery package and the European Green Deal. This connected and flexible system will be more efficient, and reduce costs for society. Energy System Integration. A greater direct electrification of end-use sectors.

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MHI invests in Electric Hydrogen to accelerate efforts to produce clean hydrogen at scale

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MHI) has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. Hydrogen, when produced in places with abundant and clean electricity, is a promising pathway for decarbonizing these industries.

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