Remove Clean Remove Economy Remove Gas-Electric Remove Supplies
article thumbnail

Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

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.

Clean 429
article thumbnail

DOE releases draft guidance for Clean Hydrogen Production Standard (CHPS)

Green Car Congress

The US Department of Energy (DOE) released draft guidance for a Clean Hydrogen Production Standard (CHPS), developed to meet the requirements of the Bipartisan Infrastructure Law (BIL), Section 40315. by employing high rates of carbon capture, using low-carbon electricity, or mitigating upstream methane emissions).

Clean 396
article thumbnail

Energy researchers: clean US hydrogen economy is within reach, but needs a game plan

Green Car Congress

Addressing climate change requires not only a clean electrical grid, but also a clean fuel to reduce emissions from industrial heat, long-haul heavy transportation, and long-duration energy storage. However, they note, a clean US hydrogen economy will require a comprehensive strategy and a 10-year plan.

Hydrogen 199
article thumbnail

Canada publishing final new Clean Fuel Regulations

Green Car Congress

Canada will publish the final Clean Fuel Regulations (CFR) in the Canada Gazette Part II on 6 July 2022. million tonnes of greenhouse gas pollution in 2030, or roughly the amount of GHGs currently generated by the entire Canadian economy in two weeks. The Clean Fuel Standard establishes a credit market. gCO 2 e/MJ.

Canada 199
article thumbnail

Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

Green Car Congress

Groupe Renault is creating the REFACTORY in Flins, the first European circular economy site dedicated to mobility. It will be based on a wide network of partners from all sectors and will revolve around 4 poles of activity, putting into practice the principles of the circular economy at each stage of the vehicle life cycle and mobility.

Economy 397
article thumbnail

World Bank Group: mineral production to soar as demand for clean energy increases

Green Car Congress

A new World Bank Group report finds that the production of minerals, such as graphite, lithium and cobalt, could increase by nearly 500% by 2050, to meet the growing demand for clean energy technologies. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

Clean 243
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. This would be a major shift in the type of furnaces and fuels used to produce steel.

Hydrogen 221