Remove Clean Remove Coal Remove Gas-Electric Remove Low Cost
article thumbnail

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

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. Retrofit or close any remaining coal-fired capacity by 2050.

Hydrogen 221
article thumbnail

Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Green Car Congress

The system uses proprietary technology to autonomously orchestrate the lifting and lowering of the bricks, storing the potential energy in the elevation gain, and generating then discharging electricity as the bricks are lowered. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming.

article thumbnail

SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

Green Car Congress

SK E&S signed a memorandum of understanding (MOU) with SK Plug Hyverse and KOEN regarding cooperation for carbon neutrality and the production of green hydrogen and green ammonia which will be consumed for co-firing at KOEN’s natural gas and coal based thermal power plants, by using electrolyzers to be produced in Korea by SK Plug Hyverse.

Green 284
article thumbnail

BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

Hydrogen 221
article thumbnail

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

Green Car Congress

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.

Hydrogen 199
article thumbnail

DOE awards $2.4M to 3 projects for next-generation grid energy storage

Green Car Congress

The technologies will initially support transitioning of existing fossil assets to low carbon energy systems, with the long-term potential to support a fully decarbonized electricity grid by 2035. Gaston Electric Generating Plant in Wilsonville, Alabama. DOE Funding: $796,253; Non-DOE Funding: $199,063; Total Value: $995,316>.

article thumbnail

GlobalData: hydrogen to become game changer as large-scale source of cleaner power

Green Car Congress

In the short- to medium-term, hydrogen technology could be used to replace compressed natural gas (CNG) in some areas with minor changes to the existing infrastructure, according to GlobalData, a leading data and analytics company. of electricity generation, mainly within the steel sector, petrochemical plants and refineries.

Hydrogen 199