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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 countries accounted for one-third of global GDP in 2019. Such low renewable hydrogen costs could completely rewrite the energy map.

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Syzygy Plasmonics raises $23M Series B to electrify chemical manufacturing; photocatalytic reactor for hydrogen production

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Syzygy Plasmonics, a technology company developing a high-performance photocatalyst for the industrial gas, chemical and energy industries, announced a $23-million Series B financing led by Horizons Ventures with participation from new global investors including Equinor Ventures. of global greenhouse gas (GHG) emissions.

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BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

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BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. —Colin McKerracher, head of advanced transport for BNEF.

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Ipsos Global study finds three barriers to consumer adoption of EVs: cost, range, charging sites

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Ipsos, the global research and insights organization, says it has uncovered the thoughts of consumers regarding BEVs. This poses a huge hurdle for BEV manufacturers since the cost of batteries remains high and are then rolled into the asking price. For the BEV industry to clear these hurdles, Markusic said exposure is critical.

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Skeleton, Martinrea Effenco to collaborate on fast-charging batteries in refuse collection vehicles

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Effenco’s Hybrid Electric solution eliminates the need to run engines when trucks are stationary. Effenco’s Hybrid Electric system. It can help eliminate 40-50% of CO 2 emissions in these sectors while lowering the total cost of ownership, Skeleton says.

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ArcelorMittal plans major EAF, DRI investments for decarbonizing steel production in Canada

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At the heart of the plan is a 2 million tonne capacity Reduced Iron (DRI) facility and an Electric Arc Furnace (EAF) facility capable of producing 2.4 ArcelorMittal will introduce new manufacturing processes that contribute to a considerable reduction of CO 2 ?emissions Innovative DRI.

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Daimler Truck and TotalEnergies partner to develop hydrogen ecosystem for transportation in Europe

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The truck manufacturer will support its customers to ensure easy operability and highly competitive uptime. Currently, the truck manufacturer is testing a new enhanced prototype of its Mercedes-Benz GenH2 Truck on public roads in Germany. The company is focused on both CO 2 -neutral technologies: batteries and hydrogen fuel-cells.

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