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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Hydrogen and recycling are likely to play a central role in reducing emissions from steel production. Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Retrofit or close any remaining coal-fired capacity by 2050.

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Hydro-Québec will support the clean hydrogen sector in Québec

Green Car Congress

Decarbonizing the economy to reduce greenhouse gas (GHG) emissions is one of the company’s priorities. In addition to having access to Québec’s vast water resources to generate green, renewable power at competitive prices, Hydro-Québec has everything it needs to support the development of green hydrogen. Renewable natural gas.

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SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

Green Car Congress

SK E&S and SK Plug Hyverse—a joint venture (JV) formed in January of this year by SK E&S and Plug Power—will work with Korea Southeast Power Generation (KOEN) to cooperate with green hydrogen and green ammonia projects based on renewable energy resources in Korea and abroad.

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Nikola and KeyState partner to create low-carbon hydrogen value chain in PA

Green Car Congress

Nikola Corporation and KeyState Natural Gas Synthesis , a clean hydrogen and chemicals production facility under development, are working together to create Pennsylvania’s first low-carbon hydrogen production value chain, which includes full integration of commercial carbon capture and storage.

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Summary of the economics of a hydrogen economy.

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IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

Green Car Congress

In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil.

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Lawmakers demand emissions data for $8B federal hydrogen hubs

Baua Electric

Two House Democrats are demanding that the Department of Energy report projected lifecycle emissions for seven federally-funded hydrogen hubs. The federal government has at least so far set a high bar for clean hydrogen handouts in the form of tax credits for hydrogen producers, known as the Clean Hydrogen Production Credit.