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

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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.

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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 awards $20M to project to produce clean hydrogen from nuclear power

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The US Department of Energy (DOE) is awarding $20 million in funding to a project to demonstrate technology that will produce clean hydrogen energy from nuclear power. This approach will allow clean hydrogen to serve as a source for zero-carbon electricity and represent an important economic product for nuclear plants beyond electricity.

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DOE awards $125M to bring clean energy technologies to market

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The US Department of Energy (DOE) is awarding a total of $125 million to support 110 clean energy technology projects (DE-FOA-0002381). New CO 2 reduction processes are required to efficiently convert biogas, biomass and stored CO 2 to usable fuels. million, and two potential follow-on awards of up to $1.1 million each.

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U-Haul buys another million gallons of renewable propane to sell at California stores

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U-Haul—the largest US retailer of propane—has purchased one million gallons of renewable propane to sell at its company-owned and -operated stores across California for the second year in row. to continue supplying the fuel at more than 60 propane-dispensing stores in the state. Earlier post.)

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Revel, Fermata Energy, NineDot Energy launch first V2G system on NYC’s grid

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Unlike conventional EV chargers, Fermata Energy’s V2X bidirectional charging system can both charge EVs and safely send some of that battery-stored power back to the grid, supporting grid resilience. The V2G system uses three Fermata Energy bidirectional chargers operating on a cloud-based platform.

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GKN Hydrogen, SoCalGas and NREL to collaborate on solid-state hydrogen storage project; HY2MEGA

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GKN Hydrogen’s HY2MEGA can enable safe, long duration clean energy storage without the need for compression. It also highlights the technologies needed to reach carbon neutrality and accelerate clean fuel initiatives. The electrolyzer will use renewable sources and produce green hydrogen to be stored in the HY2MEGA.

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