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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.

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Expleo develops closed-loop, e-methanol fuel cell solution for global shipping

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UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel. —Jonathan Taylor, VP of Marine, Expleo. million (US$1.7

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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). The LCFS is one of several programs developed under AB 32 (the 2006 Global Warming Solutions Act) to cut California’s emissions of climate warming greenhouse gas.

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

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Monolith’s cyan hydrogen is produced by injecting natural gas containing methane (CH 4 ) as a main component into a high-temperature reactor and decomposing it into hydrogen (H 2 ) and solid carbon (C). SK’s hydrogen business roadmap aims to establish a clean hydrogen production system with a scale of 280,000 tons by 2025.

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Canada publishing final new Clean Fuel Regulations

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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 will require liquid fossil fuel primary suppliers (i.e.,

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DOE launches $8B program for clean hydrogen hubs across US

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The US Department of Energy (DOE) released a Notice of Intent (NOI) ( DE-FOA-0002768 ) to fund the Bipartisan Infrastructure Law’s (BIL) $8-billion program to develop regional clean hydrogen hubs (H2Hubs) across America. Can be developed into a national clean hydrogen network to facilitate a clean hydrogen economy.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

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