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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.

Clean 429
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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. Bibby Wavemaster 1, the model vessel.

Global 512
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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. The team will use gas or liquid buffering tanks and tight thermal integration between the air separation unit and the oxy-combustion turbine. 8 Rivers Capital.

Carbon 333
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EPRI and GTI launch Low-Carbon Resources Initiative (LCRI) to accelerate low-carbon energy technologies

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The Electric Power Research Institute (EPRI) and Gas Technology Institute (GTI) are embarking on a five-year initiative to accelerate the development and demonstration of low-carbon energy technologies. Inform key stakeholders and the public about technology options and potential pathways to a low-carbon future.

EPRI 191
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Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

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Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.

Hyundai 448
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Clean Energy Fuels delivered 143M gallons of Redeem renewable natural gas in 2019, up 30% year-on-year

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Clean Energy Fuels Corp delivered 143 million gallons of Redeem Renewable Natural Gas (RNG) last year as robust sales of the carbon-neutral transportation fuel continued in 2019, closing out the year with significant deals throughout North America. In 2019 Clean Energy provided an estimated 16 million gallons of Redeem to UPS.

Clean 284
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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.

Gas 243