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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). Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050.

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Woodside joins Japanese consortium to study exporting carbon-neutral hydrogen as ammonia

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Australia-based Woodside has signed an agreement with Japanese companies JERA Inc, Marubeni Corporation and IHI Corporation to undertake a joint study examining the large-scale export of hydrogen as ammonia for use decarbonizing coal-fired power generation in Japan. Source: ARENA (Australian Renewable Energy Agency).

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Nikola and KeyState partner to create low-carbon hydrogen value chain in PA

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Nikola Corporation and KeyState Natural Gas Synthesis , a clean hydrogen and chemicals production facility under development, are working together to create Pennsylvania’s first low-carbon hydrogen production value chain, which includes full integration of commercial carbon capture and storage.

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KHNP, Samsung Heavy and Seaborg to develop compact molten salt reactor-based floating nuclear power plants

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With KHNP’s extensive experience in nuclear power generation, SHI’s offshore construction expertise and Seaborg Technologies’ innovative technology, the consortium is positioned to meet the growing demand for clean and reliable energy. Korea Hydro & Nuclear Power Co.,

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Rivian to turn coal mine to solar energy center in Kentucky

Teslarati

The Starfire Mine, Kentucky, was once one of the largest coal mines in the United States. “Shifting our energy system toward carbon neutrality goes beyond electrifying the roughly 1.5 The post Rivian to turn coal mine to solar energy center in Kentucky appeared first on TESLARATI.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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The US Department of Energy (DOE) announced the award of approximately $72 million in federal funding to support the development and advancement of carbon capture technologies under two funding opportunity announcements (FOAs). Enabling Production of Low Carbon Emissions Steel Through CO 2 Capture from Blast Furnace Gases.

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