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. trillion per year by 2050.

Clean 429
article thumbnail

Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. This is equivalent to energy costs of US$60 a barrel.

Africa 481
article thumbnail

US DOE releases national clean hydrogen strategy and roadmap

Green Car Congress

The US Department of Energy (DOE) released the US National Clean Hydrogen Strategy and Roadmap , a framework for accelerating the production, processing, delivery, storage, and use of clean hydrogen. Source: DOE. It also complements the massive $9.5-billion It also complements the massive $9.5-billion

Clean 415
article thumbnail

AKORA Resources: Delivering clean green steel concentrate

Innovation News Network

Akora Resources lays out its Bekisopa project and explains how it is assisting the iron and green steel industry. The post AKORA Resources: Delivering clean green steel concentrate appeared first on Innovation News Network. Read more here.

Clean 104
article thumbnail

New Mexico to enact advanced Clean Car & Clean Truck rules

Green Car Congress

New Mexico Governor Michelle Lujan Grisham announced that the state will move to adopt the Advanced Clean Cars and Advanced Clean Trucks rules, which will set annual targets for the sale of new zero emission cars and trucks in New Mexico over time.

article thumbnail

DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

Green Car Congress

million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014. Rendering of Advanced Clean Energy Storage salt cavern.

article thumbnail

Aker Clean Hydrogen and Kuehne+Nagel to accelerate green container shipping

Green Car Congress

Aker Clean Hydrogen, a global integrated clean hydrogen, ammonia and methanol producer, and Kuehne+Nagel, the world’s largest sea logistics provider, are partnering to decarbonize the maritime logistics sector by offering green container transport. —Knut Nyborg, Chief Executive Officer of Aker Clean Hydrogen.

Clean 150