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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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This shows an upward trend in the low-carbon hydrogen market development, which could be decisive in achieving over 111 million tons per annum (mtpa) capacity worldwide by 2030. This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation.

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Study confirms €1T green hydrogen potential for Africa

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Green hydrogen is economically viable at €2/kg and can accelerate low-carbon economic growth across continent and reduce emissions by 40%. The analysis highlights the benefits of harnessing solar power to create green hydrogen in four African hubs: Mauritania, Morocco, southern Africa and Egypt.

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Global study shows uneven urbanization among large cities in the last two decades

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According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 New Delhi in India, Cairo in Egypt, Lagos in Nigeria). The world has experienced significant urbanization in recent decades. billion and the urban population was 4.2

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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

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RINA, the inspection, certification and consulting engineering multinational, and AFRY, a European leader in engineering, design, and advisory services, have undertaken an initial study of how the Gulf region and Europe could be linked directly with a pipeline to transport low-carbon hydrogen. million tonnes of hydrogen annually.

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Nearly 20% of intact tropical forest landscapes overlap with extractive industries

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The total area of overlap is 376,449 square miles (975,000 square kilometers), about the size of Egypt. The open-access study is published in Frontiers in Forests and Global Change. Only 20% of tropical forests can be considered “intact,” but those areas store some 40% of the above-ground carbon found in all tropical forests.

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BNEF: cost of new renewables rises as inflation starts to bite

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The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022. The latter cost at $74 and $81 per MWh, respectively.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

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