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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. trillion per year by 2050.

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DOE releases draft guidance for Clean Hydrogen Production Standard (CHPS)

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The US Department of Energy (DOE) released draft guidance for a Clean Hydrogen Production Standard (CHPS), developed to meet the requirements of the Bipartisan Infrastructure Law (BIL), Section 40315. by employing high rates of carbon capture, using low-carbon electricity, or mitigating upstream methane emissions).

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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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Bakken Energy, Cummins and Schneider partner on design of the Heartland Hydrogen Hub for long-haul trucking

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Bakken Energy, a developer of affordable clean hydrogen supply, signed a Memorandum of Understanding with each of Cummins Inc. to work together on the design of the Heartland Hydrogen Hub to serve the needs of long-haul trucking. The industry-led Hub will include Bakken Energy’s large scale affordable clean hydrogen production.

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California to transition clean vehicle rebate program to helping low-income residents

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The California Air Resources Board will transition its existing Clean Vehicle Rebate Project (CVRP) program to a new program targeting low- and middle-income Californians. The program was originally designed to encourage the early adoption of emerging technology, and its goal was to accomplish a 16% market share for clean vehicles.

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Mitsubishi Heavy invests in Monolith Materials to support clean hydrogen production

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to support its commercial-scale, emissions-free hydrogen manufacturing technology. Olive Creek 1 in Hallam, Nebraska is Monolith Materials’ first commercial-scale emissions-free production facility designed to produce approximately 14,000 metric tons of carbon black annually along with clean hydrogen. Monolith process.

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DOE launches Clean Fuels & Products Shot

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The US Department of Energy (DOE) launched the Clean Fuels & Products Shot , a new initiative that aims to reduce greenhouse gas emissions (GHGs) from carbon-based fuels and products significantly. Biomass and waste conversion technologies designed to use green electricity and hydrogen to maximize carbon retention in products.

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