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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 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. trillion per year by 2050.

Clean 429
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

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CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

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Clean fuels replaced more than 50% of the diesel used in the state in the first quarter of 2023, according to the California Air Resources Board (CARB). Other programs include Cap-and-Trade, which establishes a declining limit to emissions allowed in the state by requiring industry to pay for pollution produced.

Clean 367
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Idemitsu launches feasibility study in Japan into clean hydrogen production from waste

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Idemitsu Kosan, one of Japan’s leading producers and suppliers of energy, has launched a feasibility study of clean hydrogen production in Japan generated from waste, including municipal waste. The goal is to launch a first hydrogen production facility around 2030 capable of processing 200-300 tons of waste per day.

Waste 360
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Impact Clean Power to build gigafactory in Poland

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Poland-based Impact Clean Power Technology S.A. ICPT has three main product lines: heavy-duty battery systems for transport and industry; stationary energy storage for the RES market, professional energy sector and industry and the development of hydrogen fuel cell systems. Impact Clean Power Technology S.A.

Poland 305
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DOE launches Clean Fuels & Products Shot

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The US Department of Energy (DOE) launched the Clean Fuels & Products Shot , a new initiative that aims to reduce greenhouse gas emissions (GHGs) from carbon-based fuels and products significantly. Biomass and waste conversion technologies designed to use green electricity and hydrogen to maximize carbon retention in products.

Clean 210
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Chart Industries and Nikola execute strategic partnership for hydrogen-related equipment

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Nikola has recently signed purchase orders with Chart for multiple liquid hydrogen storage tanks, mobile and modular refueling stations, and liquid hydrogen transport trailers to meet Nikola’s needs for deploying the Nikola Tre hydrogen electric vehicles to support key customers and advance the efforts to decarbonize the transport sector.

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