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Study confirms €1T green hydrogen potential for Africa

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Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. This is equivalent to energy costs of US$60 a barrel.

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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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National labs team delivers techno-economic analyses of H2 DRI scenarios for green steel

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Yet, the lack of established process and business models defining “green steel” make it difficult to understand what the respective H 2 price has to be in order to be competitive with commercial state-of-the-art natural gas DRI. … When using H 2 only for iron ore reduction, economic viability is reached at an H 2 procurement cost of $1.70

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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

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In exchange for long-term, discounted fuel contracts with fleets, Hydra installs hydrogen-diesel co-combustion conversion kits into existing semi-trucks and provides the fueling infrastructure for green hydrogen sourced from chemical producers such as Chemtrade. Hydra pays for the truck conversion and the on-site fueling infrastructure.

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SoCalGas, H2U testing new Gramme 50 electroylzer for green hydrogen production

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(SoCalGas) and H2U Technologies are testing a new electrolyzer, called the Gramme 50, for the production of green hydrogen. According to early analysis, the cost target of the new technology is half that of current electrolyzers and the total cost of ownership over its life is expected to be 75% less.

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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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ABB and Hynamics collaborate to lower green hydrogen production cost

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Hynamics, the hydrogen subsidiary of EDF group, has signed an agreement to collaborate with ABB and test the ABB Ability OPTIMAX for Green Hydrogen energy management system (EMS), which was launched to market in November 2022, across Hynamics’ plants to help optimize electrical costs of hydrogen production by up to 16%, according to ABB modeling.

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