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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. trillion per year by 2050.

Clean 429
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Norwegian startup Blastr plans €4B green steel plant in Finland

Green Car Congress

Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. The area has excellent conditions for industrial activities: a deep-water harbor and an excellent electricity transmission network. tonnes of CO₂.

Finland 437
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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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The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases.

Hydrogen 221
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Green NCAP LCA study shows detrimental climate and energy impact of increasing vehicle weight, including EVs

Green Car Congress

The results of the Life Cycle Assessment (LCA) of greenhouse gas emissions and primary energy demand of the cars tested by Green NCAP in 2022 show that the current and continuous trend towards larger and heavier cars, significantly increases the negative impact on climate and energy demand.

Green 453
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I-5 electric truck charging sites mapped out by electric utilities; West Coast Clean Transit Corridor

Green Car Congress

The West Coast Clean Transit Corridor Initiative , a study commissioned by a collaboration among nine electric utilities and two agencies representing more than two dozen municipal utilities, recommends adding electric vehicle charging for freight haulers and delivery trucks at 50-mile intervals along Interstate 5 and adjoining highways.

Clean 394
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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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SK Corp, the holding company of SK Group, has made a strategic investment in Monolith , a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green (via electrolysis using renewable energy) and blue (conversion of methane accompanied by CO 2 capture and storage). The Monolith process.

Hydrogen 468
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German operator SFK takes delivery of all-electric ferry outfitted with EST-Floattech’s Green Orca battery system

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Dutch marine battery system supplier EST-Floattech has delivered 1092 kWh of battery capacity for new, all-electric ferry Wellingdorf in a contract with system integrator Holland Ship Electric. In addition, the vessel also features an automated, electric-hydraulic mooring system. The Wellingdorf measures 24.7