Remove Clean Remove Coal Remove Corporation Remove Future
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. Another 45% could come from recycled material, and the rest from a combination of older, coal-fired plants fitted with carbon capture systems and innovative processes using electricity to refine iron ore into iron and steel.

Hydrogen 221
article thumbnail

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

Green Car Congress

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).

Hydrogen 321
article thumbnail

GE and Shenhua form coal gasification JV in China

Green Car Congress

GE and Shenhua have agreed to form an industrial coal gasification joint venture to advance the deployment of “cleaner coal” technology solutions in China. The new company combines GE’s expertise in industrial gasification technologies with Shenhua’s expertise in coal gasification and coal-fired power generation.

Coal 186
article thumbnail

Australian Government establishes A$300M fund to support hydrogen projects

Green Car Congress

The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). Hydrogen is an extremely versatile energy carrier which is gaining significant support worldwide as the fuel of the future.

Hydrogen 286
article thumbnail

MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

Green Car Congress

Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

MIT 240
article thumbnail

Celanese signs MOU with PERTAMINA to advance fuel ethanol projects in Indonesia using TCX process

Green Car Congress

Celanese Corporation signed a Memorandum of Understanding (MOU) with Pertamina, the state-owned energy company of the Republic of Indonesia, and will begin the detailed project planning phase for the development of fuel ethanol projects in Indonesia. Earlier post.). Earlier post.).

Indonesia 186
article thumbnail

Australia Goes All-in on Green Hydrogen

Cars That Think

A few months later and some 800 kilometers up Queensland’s coast, Grand Prix corporate cosponsor Ark Energy aims to apply the same basic hydrogen and fuel-cell components—albeit scaled up more than 3,500 times. And while coal plants still supplied over half of Australia’s power in 2021, change is afoot. Why a hydrogen truck?

Australia 145