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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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In 2022, green hydrogen production capacity reached more than 109 kilotons per annum (ktpa) worldwide, representing 44% growth compared to 2021, according to data and analytics company GlobalData. Last year, mergers and acquisitions (M&A) deals reached $24.4 billion in monetary value, representing a 288% increase compared to 2021 levels.

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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

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During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

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Government of Québec launches $6.7B 2030 Green Economy Plan; emphasis on transportation electrification

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The Premier of Québec François Legault, and the Minister of the Environment and the Fight against Climate Change and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years. A target of 1.5

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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

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The 2022 Fuel Economy Guide, released by ORNL for the DOE/EPA fueleconomy.gov website, provides up-to-date information on fuel economy, environmental and safety data, so consumers can choose the most fuel-efficient vehicle that meets their needs. Credit: Andrew Sproles/ORNL, U.S.

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STEAG and thyssenkrupp planning joint green hydrogen project

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The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans They endorse the development of a hydrogen economy and infrastructure in Germany and in Europe. ©euroluftbild.de/Hans Hans Blossey.

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Iberdrola and H2 Green Steel to build 1GW green hydrogen plant to fuel DRI furnace for green steel; €2.3B investment

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Iberdrola and H2 Green Steel (H2GS, earlier post )have signed an agreement to build a plant with an electrolysis capacity of 1 GW. All locations that H2 Green Steel and Iberdrola are evaluating will have access to renewable energy, as well as all the infrastructure necessary to operate a successful hydrogen, green steel business.

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Germany approves €900M for green hydrogen project H2Global

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The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. Green hydrogen plays a central role in the transformation of our economy. —Robert Habeck, Federal Minister of Economic Affairs and Climate Protection.

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