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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.

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DOE releases draft guidance for Clean Hydrogen Production Standard (CHPS)

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The US Department of Energy (DOE) released draft guidance for a Clean Hydrogen Production Standard (CHPS), developed to meet the requirements of the Bipartisan Infrastructure Law (BIL), Section 40315. renewables, nuclear), and certain biomass-based systems (e.g., renewables, nuclear), and certain biomass-based systems (e.g.,

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Canada launches $1.5B Clean Fuels Fund with call for proposals

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billion Clean Fuels Fund with a call for proposals for projects that increase Canada’s capacity to produce clean fuels. The fund supports building new or expanding existing clean fuel production facilities, including hydrogen, renewable diesel, synthetic fuels, renewable natural gas and sustainable aviation fuel.

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Tech: Renewable Diesel: A Sustainable Substitute

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A Fuel Switch for Today Continues To Evolve In the past, renewable diesel was considered a niche product that failed to attract mainstream investor interest. It’s chemically similar to petroleum diesel, but is 100% renewable and sustainable, making it the greenest diesel on the market.

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.

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DOE renews funding for PowerAmerica Institute; next-gen WBG semiconductors for power electronics

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The US Department of Energy (DOE)’s Advanced Materials and Manufacturing Technologies Office (AMMTO) renewed funding for PowerAmerica , DOE’s first Clean Energy Manufacturing Innovation Institute. Raleigh-based PowerAmerica commercialized more than 10 WBG technologies over five years.

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

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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.

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