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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). kg in most parts of the world before 2050. MMBtu) in 2050.

Hydrogen 221
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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power. However, a new era for nuclear power is by no means guaranteed.

Russia 458
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Graforce plasma electrolysis for efficient generation of hydrogen from industrial waste water; partnering with Audi

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Berlin-based Graforce Hydro GmbH, the developer of a plasma electrolyzer—the Plasmalyzer —is applying its technology for the highly efficient generation of hydrogen from industrial waste water. Nitrogen oxide emissions are also reduced by up to 60%. The current Plasmalyzer offers highly efficient water splitting.

Water 271
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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

Gasoline 357
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New liquid hydrogen carrier would transport green H2 from Scotland to Germany

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LH2 Europe will use the abundant renewable electricity in Scotland to produce green hydrogen and market it at a competitive price with diesel. As a comparison, LNG tankers use ballast water to compensate the loss of weight following delivery to ensure enough draft. Vessel specifications. Length overall. Rule length.

Hydrogen 527
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Volvo Cars first car maker to join SteelZero initiative in support of fossil-free steel ambitions

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Low embodied carbon steel, with a defined specific emissions intensity which takes into account the proportion of end of life scrap. Steel production is a major source of CO 2 emissions for the automotive industry, averaging 33% of all production-related emissions for a new Volvo car in 2021. Earlier post.).

Volvo 334
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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

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Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

Gas 259