Remove Carbon Remove Climate Remove Hydrogen Remove Renewable
article thumbnail

IRENA sees renewable hydrogen at least cost-possible within decade

Green Car Congress

Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5 Source: IRENA.

Hydrogen 482
article thumbnail

Cohort of new stakeholders joins Open Hydrogen Initiative

Green Car Congress

In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

Hydrogen 482
article thumbnail

Chevron / Toyota road trip demonstrates renewable gasoline blend

Green Car Congress

Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. In February 2022, a team from Argonne National Lab published a report “Carbon Intensities of Refining Products in Petroleum Refineries with Co-Processed Biofeedstocks”.

Chevron 446
article thumbnail

Topsoe and Fidelis New Energy partner to produce carbon-neutral hydrogen

Green Car Congress

Topsoe and Fidelis New Energy have entered into a global alliance for technology used for producing carbon-neutral hydrogen. The alliance pairs Topsoe’s hydrogen process portfolio with FidelisH2 technology for reduction of lifecycle carbon emissions in hydrogen production.

Hydrogen 199
article thumbnail

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

Green Car Congress

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. The hydrogen projects receiving funding are: Dolphyn. Contract value: £3.12

Hydrogen 386
article thumbnail

Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

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
article thumbnail

bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

Green Car Congress

bp and thyssenkrupp Steel have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low-carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. This will increasingly require the use of electricity from renewable sources.

Hydrogen 170