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Green Hydrogen

All articles tagged with #green hydrogen

Sound-barrier pioneer shifts to hydrogen for new Bonneville bid
technology18 days ago

Sound-barrier pioneer shifts to hydrogen for new Bonneville bid

Andy Green, the only person to break the sound barrier in a car, returns to the Bonneville Salt Flats with a hydrogen-powered JCB Hydromax aiming to beat the 350.092 mph diesel land-speed record and set hydrogen and electric LSR marks; he recently reached 368 mph in practice, with the official FIA validation expected during the attempt. The project showcases hydrogen as a potential clean-energy option, though green hydrogen currently accounts for a small share of production, and safety remains a priority.

via ABC News - Breaking News, Latest News and Videos|
#andy-green#bonneville-salt-flats#green-hydrogen
HKU's SS-H2 steel promises cheaper seawater hydrogen production
technology3 months ago

HKU's SS-H2 steel promises cheaper seawater hydrogen production

University of Hong Kong researchers have developed SS-H2, a stainless steel that forms a second manganese-based passivation layer on top of the usual chromium oxide film, enabling corrosion resistance at the high voltages used in seawater electrolysis. This could let hydrogen be produced from seawater at lower cost by replacing expensive titanium components, potentially slashing structural material costs by about 40x for large electrolyzer systems. The six-year project, outlined in Materials Today, has led to patents and SS-H2-based wire production, though scaling to industrial use will require further engineering.

via ScienceDaily|
#corrosion-resistance#dual-passivation#green-hydrogen
The Rising Importance of a Global Hydrogen Budget in Climate Change
science8 months ago

The Rising Importance of a Global Hydrogen Budget in Climate Change

The article discusses the global hydrogen budget, highlighting the current reliance on energy-intensive grey hydrogen, the potential shift towards green and blue hydrogen by 2030–2040, and the climate implications of hydrogen leakage, which acts as an indirect greenhouse gas. It presents a comprehensive analysis of hydrogen sources and sinks over the past three decades, estimates the recent decade's hydrogen budget, and projects future climate impacts, emphasizing the need for better data and understanding of hydrogen's role in the climate system.

via Nature|
#blue-hydrogen#climate-change#green-hydrogen
"Breakthrough Catalyst Unlocks Water's Potential for Green Hydrogen"
science-and-technology2 years ago

"Breakthrough Catalyst Unlocks Water's Potential for Green Hydrogen"

Researchers have developed a novel iridium-free catalyst for proton-exchange-membrane (PEM) water electrolysis, using cobalt-tungsten oxide and a delamination process that incorporates water and hydroxyl groups into the catalyst structure. This breakthrough achieves high activity and stability at industrial conditions, potentially reducing reliance on scarce iridium and advancing green hydrogen production.

via Tech Xplore|
#catalyst#green-hydrogen#pem
"Revolutionary Clean Ammonia Production Method Promises 60% Cost Reduction, Reveals US University"
science-and-technology2 years ago

"Revolutionary Clean Ammonia Production Method Promises 60% Cost Reduction, Reveals US University"

Researchers at the University of Illinois Chicago have developed a new lithium-mediated ammonia synthesis (LMAS) method that could produce clean ammonia at a cost of $450 per tonne, making it 60% cheaper than using green hydrogen. The process involves combining nitrogen gas and a hydrogen-donating fluid with a charged lithium electrode, and the method does not result in the by-production of large quantities of H2 gas. This new approach could significantly reduce the cost of producing clean ammonia, which is used in fertilizers, chemicals, and is being considered as a clean shipping fuel.

via Hydrogen Insight|
#clean-ammonia#green-hydrogen#lithium-mediated-ammonia-synthesis
"ExxonMobil CEO Urges IRA Tax Credits to Make Green Hydrogen Competitive"
energy-environment2 years ago

"ExxonMobil CEO Urges IRA Tax Credits to Make Green Hydrogen Competitive"

ExxonMobil and Aramco CEOs expressed skepticism about the affordability of green hydrogen as a replacement for fossil fuels, citing high costs and a lack of willingness to pay for emissions reduction. They emphasized the need for significant government incentives and long-term offtake agreements to make renewable hydrogen financially viable, and criticized the current energy transition strategy as failing. Additionally, Exxon stated it would not produce blue hydrogen without changes to proposed guidelines for accessing hydrogen production tax credits, raising questions about the eligibility of blue hydrogen for subsidies.

via Hydrogen Insight|
#aramco#energy-environment#energy-transition
"Revolutionizing Green Fuel: The Hydrogen Hype Cycle and Its Impact on Energy Markets"
energy-and-environment2 years ago

"Revolutionizing Green Fuel: The Hydrogen Hype Cycle and Its Impact on Energy Markets"

Electric Hydrogen, a startup founded in 2021, aims to make green hydrogen affordable by using massive plants powered by renewable energy to target the global hydrogen market. The company plans to build behemoth green fuel refineries near industrial plants that use it, powered with renewable energy, and has raised over $600 million from investors including Bill Gates’ Breakthrough Energy Ventures, Energy Impact Partners, BP Ventures, Amazon, and Honeywell. The startup's first customer is billionaire Wes Edens’ New Fortress Energy, which intends to use Electric Hydrogen’s technology in Beaumont, Texas, to produce green hydrogen for Dutch ammonia producer OCI Global. The company aims to make green hydrogen as cheap as the fossil fuel-derived version by 2030 and is focused on leveraging renewable power sources, aligning with proposed rules for the Treasury Department’s new “45V” hydrogen production credit that provides up to $3 per kilogram of clean hydrogen.

via Forbes|
#electric-hydrogen#energy-and-environment#energy-transition
"EU Approves Billions in State Aid for Major Hydrogen Projects"
energy-technology2 years ago

"EU Approves Billions in State Aid for Major Hydrogen Projects"

Fusion Fuel has received approval from the European Commission for its HEVO-Portugal project under the Important Projects of Common European Interest (IPCEI) Hy2Infra program. The €650 million, 630 MW project in Sines, Portugal, aims to produce 62,000 tonnes of green hydrogen annually, with a portion to be used in green ammonia production and export. The approval positions Fusion Fuel to commence funding negotiations with government stakeholders and the European Investment Bank, marking a significant milestone in the company's efforts to contribute to the rapid decarbonization of Portugal's largest industrial hub and advance the European green hydrogen economy.

via GlobeNewswire|
#energy-technology#european-commission#fusion-fuel
"Analyzing Plug Power's Stock Performance and Future Outlook"
finance2 years ago

"Analyzing Plug Power's Stock Performance and Future Outlook"

Financial analysts have provided a range of opinions on Plug Power, with 25 analysts offering ratings from bullish to bearish. The average 12-month price target for Plug Power is $5.14, with a high estimate of $11.00 and a low estimate of $2.30. Analysts have taken various actions, including maintaining, raising, or lowering their ratings and price targets based on market conditions and company performance. Plug Power is focused on building a green hydrogen ecosystem and has shown positive revenue growth but faces challenges in ROE and ROA. Investors should consider these analyst evaluations alongside relevant financial metrics to gain a comprehensive view of Plug Power's market position.

via Benzinga|
#analyst-ratings#finance#financial-analysis
"Record-Breaking Funding Secured for World's First Green Hydrogen Steel Plant"
energy-and-environment2 years ago

"Record-Breaking Funding Secured for World's First Green Hydrogen Steel Plant"

The world's first full-scale green steel plant is being developed in Sweden, with the help of green hydrogen, marking a significant step in decarbonizing the steel industry. Green hydrogen, produced from renewable energy sources, is being used to replace fossil fuels in the steelmaking process, significantly reducing CO2 emissions. H2 Green Steel, the company behind the initiative, has secured funding and aims to start production in 2025, with plans to expand its impact on decarbonizing hard-to-decarbonize industries. The use of green hydrogen in steel production is seen as a promising solution to address the industry's significant carbon footprint.

via CleanTechnica|
#decarbonization#energy-and-environment#green-hydrogen
"Plug Power Rockets on $1.6B DoE Loan and Cost Focus"
businessfinance2 years ago

"Plug Power Rockets on $1.6B DoE Loan and Cost Focus"

Plug Power's stock surged after CEO Andy Marsh announced the finalization of a term-sheet negotiation with the Department of Energy for a $1.6 billion loan facility, which will support the development of up to six hydrogen-production facilities in the U.S. The company is also pursuing price increases across its offerings and has implemented a hiring freeze while starting operations at its Georgia liquid green hydrogen plant, designed to produce enough hydrogen to power approximately 15,000 forklifts per day.

via Seeking Alpha|
#businessfinance#department-of-energy#green-hydrogen