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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 Overall, this outlook shows clean hydrogen delivering crucial carbon emission reductions. trillion per year by 2050.

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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. MMBtu) by 2050 in most modeled markets.

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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

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The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

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Toyota highlights gas engine project as ‘practical’ path to carbon neutrality

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Toyota has had a long history of speaking out against an all-out transition to electric vehicles (EVs), continually pointing to hydrogen technology and continued gas vehicle production as important pieces of the puzzle. Battery electric vehicles do not represent the only way to achieve carbon neutrality,” Toyoda added.

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EIA expects 7% increase in US energy-sector CO2 emissions as economic activity increases during 2021

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Increased economic activity and a changing fuel mix in the electric power sector in 2021 will lead to a significant increase in energy-related carbon dioxide emissions this year, according to the US Energy Information Administration’s (EIA) August Short-Term Energy Outlook (STEO). billion metric tons this year.

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EIA: US LNG exports will fall 6% from 1H 2022 to 2H 2022 following Freeport outage

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The US Energy Information Administration (EIA) expects US liquefied natural gas (LNG) exports to average 10.5 That amount is a 14% decrease in US LNG exports from EIA’s June forecast. With less LNG being exported in the second half of the year, more natural gas is likely to stay in the domestic market.