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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. MMBtu) by 2050 in most modeled markets.

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

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

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Hydrogen and recycling are likely to play a central role in reducing emissions from steel production. By 2050, green hydrogen could be the cheapest production method for steel and capture 31% of the market. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces.

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

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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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DOE reports say cumulative investment in hydrogen, nuclear and long-duration energy storage must increase to $300B by 2030

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The US Department of Energy (DOE) has released a set of reports— Pathways to Commercial Liftoff —that provide guidance for bringing advanced nuclear, clean hydrogen and long-duration energy storage into the commercial mainstream. have had overnight capital costs over $10,000 per kW.

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GlobalData: hydrogen to become game changer as large-scale source of cleaner power

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In the short- to medium-term, hydrogen technology could be used to replace compressed natural gas (CNG) in some areas with minor changes to the existing infrastructure, according to GlobalData, a leading data and analytics company. Hydrogen fuel can be stored for long periods, in quantities limited only by the size of storage facilities.

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CSIRO roadmap finds hydrogen industry set for scale-up in Australia

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An economically-sustainable hydrogen industry in Australia could soon be on the cards according to a blueprint released by CSIRO, the national science agency, which found that cost-competitiveness is firmly on the horizon. Source: CSIRO. —CSIRO Chief Executive Dr Larry Marshall.

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