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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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Expleo develops closed-loop, e-methanol fuel cell solution for global shipping

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UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel.

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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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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. Earlier post.).

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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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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

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EU investing €1.8B in 17 large-scale clean tech projects

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billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Projects in brief: Cement (4 projects): A project in Germany will deploy a second-generation oxyfuel carbon capture process at a cement plant and provide it as raw material for further processing into synthetic methanol.

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