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BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

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In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. This is how it goes with clean energy.

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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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Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. This would be a major shift in the type of furnaces and fuels used to produce steel.

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European Union adopts strategies for energy system integration and hydrogen; Clean Hydrogen Alliance

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The two strategies present a new clean energy investment agenda, in line with the European Commission’s Next Generation EU recovery package and the European Green Deal. This connected and flexible system will be more efficient, and reduce costs for society. Energy System Integration. A greater direct electrification of end-use sectors.

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MHI invests in Electric Hydrogen to accelerate efforts to produce clean hydrogen at scale

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MHI) has invested in Electric Hydrogen (EH2), a clean hydrogen startup headquartered in Natick, Massachusetts, to support its efforts in developing cost-competitive, fossil-free hydrogen. Hydrogen, when produced in places with abundant and clean electricity, is a promising pathway for decarbonizing these industries.

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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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Electric vs. Gas Cars: Is It Cheaper to Drive an EV?

CleanTechnica EVs

There are plenty of climate and air quality reasons to buy an electric vehicle (EV), but is it cheaper to. continued] The post Electric vs. Gas Cars: Is It Cheaper to Drive an EV? appeared first on CleanTechnica.

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CEC determines Diablo Canyon needed to support grid reliability

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The California Energy Commission (CEC) approved a staff analysis recommending the state pursue extending operation of Diablo Canyon Power Plant (DCPP) through 2030 to ensure electricity reliability. Located in San Luis Obispo County, DCPP is owned and operated by Pacific Gas and Electric Company (PG&E).

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