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Germany and Australia to establish alliance on green hydrogen supply chain

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German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

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thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

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German steel companies thyssenkrupp Steel and HKM and the Port of Rotterdam will jointly investigate setting up international supply chains for hydrogen. Green hydrogen is a sustainable alternative to coal, oil and natural gas. thyssenkrupp Steel Europe is one of the world’s leading suppliers of carbon steel flat products.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The development of an international hydrogen market could also accelerate adoption. —Ashish Sethia, global head of commodities at BNEF.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Germany has embarked on a large-scale Energiewende (energy transition)—a policy-driven shift away from nuclear and fossil energy to a renewable energy economy. This scenario would ensure that Germany meets its climate targets, Siemens said. Source: Siemens. Click to enlarge. Electricity prices in comparison. Euro cents/kWh.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Coal was again the fastest growing fossil fuel with predictable consequences for carbon emissions; it now accounts for 30.3% globally, and 8.4%

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Our Energy crisis is self made in europe

EV Info

Europe has made its own bed, disassembling dispatchable fuel diversity by closing well-operating coal and nuclear power plants. In the 4th quarter of 2021, the International Energy Agency reported that average European wholesale electricity prices were more than four times their 2015-2020 average. Meghan O’Sullivan. In the U.K.,

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Global geothermal industry passes 12,000 MW operational

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The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. In Nevada, NV Energy is looking to replace coal plants with 300 MW of renewable energy, including geothermal. Ormat Technologies, and AltaRock Energy.