World added 50% more renewable capacity in 2023 than in 2022 and next 5 years will see fastest growth yet, but lack of financing for emerging and developing economies is key issue Renewables 2023 Explore report Read the report At the COP28 climate change conference in Dubai, more than 130 national governments including the European … Continue reading Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
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U.S. Department of Energy Top Clean Energy Accomplishments in 2023
In 2023, the U.S. Department of Energy (DOE) made monumental strides in advancing the clean energy goals of the Biden-Harris Administration. Through hundreds of funding announcements to make clean energy more accessible in every state, investments in scientific research, historic groundbreakings, and celebratory ribbon cuttings, DOE has been hard at work to combat the climate … Continue reading U.S. Department of Energy Top Clean Energy Accomplishments in 2023
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ACP Statement on Administration Guidance for Green Hydrogen Tax Credits
The American Clean Power Association (ACP) released the following statement from ACP Chief Executive Officer Jason Grumet after the U.S. Treasury Department released proposed guidance on clean energy investment and production tax credits for green hydrogen projects: “The Biden Administration’s proposal attempts to launch a green hydrogen industry while guarding against any possibility of emissions … Continue reading ACP Statement on Administration Guidance for Green Hydrogen Tax Credits
Continue readingInnovative Policymaking is Crucial to Drive Green Hydrogen Market and Ensure its Sustainable Production
According to the International Renewable Energy Agency’s (IRENA) World Energy Transitions Outlook 2023, the most realistic way to course correct the 1.5°C Pathway is by tripling renewable energy and the doubling of energy efficiency by 2030. Green hydrogen has an important role to play in helping reach of that target. Over the last few years, … Continue reading Innovative Policymaking is Crucial to Drive Green Hydrogen Market and Ensure its Sustainable Production
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IRENA-WTO report highlights role of trade in developing green hydrogen markets
A joint report by the International Renewable Energy Agency (IRENA) and WTO published on 9 December provides insights on global hydrogen trade and related policies for scaling up production. Hydrogen produced exclusively from renewable power – known as green hydrogen – is widely recognised as a key pillar in replacing fossil fuels and decarbonizing sectors … Continue reading IRENA-WTO report highlights role of trade in developing green hydrogen markets
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Iberdrola joins forces with Masdar to co-invest 15 billion in offshore wind and green hydrogen in Germany, the United Kingdom and the United States
Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA. After the parties’ successful co-investment in Baltic Eagle, in Germany, the new milestone … Continue reading Iberdrola joins forces with Masdar to co-invest 15 billion in offshore wind and green hydrogen in Germany, the United Kingdom and the United States
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Ørsted partners with Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank for FlagshipONE
Today, at COP28, Ørsted announced that the EU-Catalyst Partnership, which consists of the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank, has vowed to support Ørsted’s FlagshipONE project, highlighting the innovative nature of this project and its potential to contribute to the decarbonisation of shipping. FlagshipONE is Europe’s largest e-methanol plant and is … Continue reading Ørsted partners with Breakthrough Energy Catalyst, the European Commission, and the European Investment Bank for FlagshipONE
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New interactive data tools to track and inform development of low-emissions hydrogen production
Today we release two interactive data tools that allow users to explore developments related to low-emissions hydrogen projects worldwide. The data tools complement the Global Hydrogen Review 2023, published in September, and the updated hydrogen production and infrastructure projects databases, which were released in October. Momentum is increasing around low-emissions hydrogen as a way to … Continue reading New interactive data tools to track and inform development of low-emissions hydrogen production
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Project Verdant pursues UK’s first H2-powered CTV to support offshore wind sector
A pioneering project – supported by the UK’s national innovation agency, Innovate UK – is aiming to retrofit a CTV (Crew Transfer Vessel) with hydrogen fuel cells, to cut CO2 and NOx emissions while servicing offshore wind farms. Phase 1 of Project Verdant is now underway involving a preliminary design and feasibility study. If the … Continue reading Project Verdant pursues UK’s first H2-powered CTV to support offshore wind sector
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Renewable hydrogen takes to the skies
Australian aerospace startup AMSL Aero (AMSL) is looking to take hydrogen flight to the skies with the support of the Australian Renewable Energy Agency (ARENA). On behalf of the Australian Government, ARENA has awarded $5.43 million for AMSL, as part of the Advancing Renewables Program, to develop a hydrogen powered electric Vertical Take-Off and Landing … Continue reading Renewable hydrogen takes to the skies
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Removing Barriers for Green Hydrogen Deployment
According to IRENA’s World Energy Transition Outlook, hydrogen and its derivates are projected to make up 14% of global total final energy consumption by 2050 in a world aiming to stay under a 1.5-degree temperature increase. The eighth meeting of the Collaborative Framework on Green Hydrogen, therefore addressed the barriers stakeholders face when entering and … Continue reading Removing Barriers for Green Hydrogen Deployment
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The energy world is set to change significantly by 2030, based on today’s policy settings alone
Major shifts underway today are set to result in a considerably different global energy system by the end of this decade, according to the IEA’s new World Energy Outlook 2023. The phenomenal rise of clean energy technologies such as solar, wind, electric cars and heat pumps is reshaping how we power everything from factories and … Continue reading The energy world is set to change significantly by 2030, based on today’s policy settings alone
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250-kilowatt electrolyser produces first hydrogen in Lingen
The GET H2 TransHyDE joint project based in Lingen has reached an important milestone: hydrogen was produced for the first time on the site of the RWE gas-fired power plant in Emsland (KEM) using a high-temperature solid oxide electrolyser (SOEC) from Sunfire. The electrolyser, with an output of 250 kilowatts (kW), is part of a … Continue reading 250-kilowatt electrolyser produces first hydrogen in Lingen
Continue readingLagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk
Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels can still increase substantially by 2030 if all announced projects are realised and greater efforts are made on encouraging uptake. The number of … Continue reading Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk
Continue readingGreen hydrogen: a key enabler to broaden the potential of renewable power solutions in hard-to-abate sectors
Accelerating the energy transition requires a rapid expansion of renewables-based electricity generation. According to IRENA’s 1.5°C Scenario, by 2050, variable renewable energy (VRE) will represent 70% of the total global energy generation, from today’s 9%. In this context, green hydrogen emerges as key complement to make the most of the massive renewable production. Green hydrogen, … Continue reading Green hydrogen: a key enabler to broaden the potential of renewable power solutions in hard-to-abate sectors
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Investment in the grid and storage must match renewables growth
Global power supply is on course to double by 2050 to meet surging demand as electrification gathers pace. Renewables will take the lion’s share of new capacity, wind and solar’s share of supply increasing from 10% today to over 50% by 2050 in our Base Case Energy Transition Outlook. While renewables dominating power markets is … Continue reading Investment in the grid and storage must match renewables growth
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The five hydrogen market developments investors need to watch
Low-carbon hydrogen has a critical role to play in the energy transition, particularly in decarbonising hard-to-abate sectors. In fact, we estimate the investable opportunity from hydrogen at up to US$2 trillion by 2050. Having shaken off energy crisis related jitters, the sector is pushing forward with new project announcements and ambitious electrolyser manufacturing plans. So, … Continue reading The five hydrogen market developments investors need to watch
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Acciona Energía and Aruba sign deal for Green Hydrogen Valley
ACCIONA Energía has announced today the signing of a Memorandum of Understanding (MOU) with the Government of Aruba owned Energy Entities to work together in the development of a Green Hydrogen Valley on the island. ACCIONA Energía will work with the State-Owned Energy Entities of Aruba to develop, construct and operate a green hydrogen plant … Continue reading Acciona Energía and Aruba sign deal for Green Hydrogen Valley
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Beyond electricity: is hydrogen the key to greener smelting and refining?
In the metals and mining industry, the top contributors to CO2 emissions are smelting and refining processes. To date, much of the industry’s decarbonisation efforts have been focused on electrification. However, we’re starting to see a shift towards hydrogen as a replacement for fossil fuels in metallurgical processes. Our recent report, ‘Beyond electricity: Is hydrogen … Continue reading Beyond electricity: is hydrogen the key to greener smelting and refining?
Continue readingNext steps for pioneering renewable hydrogen technology
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $20.9 million for Wollongong-based startup Hysata to demonstrate their next generation hydrogen electrolyser technology at commercial scale. Hysata will develop and test a 5 MW unit at their new manufacturing facility in Port Kembla. The electrolyser array will then be … Continue reading Next steps for pioneering renewable hydrogen technology
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