Hydrogen

U. S. Steel Consent Decree for Clairton Plant Incidents Authorized by Environmental Protection Agency and Department of Justice

Retrieved on: 
Tuesday, March 26, 2024

United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).

Key Points: 
  • United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).
  • The January 2024 Consent Decree with the Allegheny County Health Department, Clean Air Council, and PennEnvironment addressed the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022.
  • Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development.
  • On March 20, 2024, DOJ issued a letter stating that they had no objections to the Consent Decree.

Global Green Hydrogen Market Outlook & Forecast 2024-2029, Featuring Key Player Profiles of Nel, ITM Power, ENGIE, Siemens Energy and Air Products and Chemicals - ResearchAndMarkets.com

Retrieved on: 
Monday, March 25, 2024

The global green hydrogen market is expected to grow at a CAGR of 53.53% from 2023 to 2029, reaching USD 84.03 Billion by 2029.

Key Points: 
  • The global green hydrogen market is expected to grow at a CAGR of 53.53% from 2023 to 2029, reaching USD 84.03 Billion by 2029.
  • Presently, the European region stands out as a leader in implementing green hydrogen commercialization plants and supports the growth of the green hydrogen market.
  • The global green hydrogen market is marked by a diverse competitive landscape, encompassing various technologies and players across different segments.
  • Several companies actively contribute to the industry's development, with competition arising from traditional hydrogen production methods, green hydrogen technology providers, and companies selling green hydrogen as an end product.

Construction Equipment Market in Southeast Asia to Surge: Forecast for Robust Growth by 2029 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024

The "Southeast Asia Construction Equipment Market - Strategic Assessment & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Southeast Asia Construction Equipment Market - Strategic Assessment & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • Earthmoving equipment has emerged as the leading segment within the Southeast Asia construction equipment market in 2023.
  • As Southeast Asia propels into a substantial phase of construction development, market participants keenly await the unfolding of the opportunities amid the forecasted growth.
  • What are the driving forces behind the Southeast Asia construction equipment market surge?

CF Industries Publishes 2023 Sustainability Reporting Materials

Retrieved on: 
Thursday, March 21, 2024

CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today published its 2023 sustainability reporting materials.

Key Points: 
  • CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today published its 2023 sustainability reporting materials.
  • The reports provide a close-up look at CF Industries’ 2023 performance, progress on its decarbonization and clean energy initiatives and updates on its comprehensive environment, social and governance (ESG) goals.
  • This year’s sustainability reporting includes a 2023 ESG Report tailored to the information needs of shareholders and other capital market participants as well as a 2023 Sustainability Summary, a report that is relevant to all stakeholders, including the individuals, policymakers, organizations, and communities who touch CF Industries’ business and are critical to its success.
  • For more information about sustainability at CF Industries and to download the full reports, please visit www.cfindustries.com/sustainability .

Amogy and W-Industries Unite Forces to Advance Next-Generation Engineering Solutions

Retrieved on: 
Thursday, March 21, 2024

Amogy , a provider of mature, scalable and efficient ammonia-to-power solutions, announced today the signing of a Memorandum of Understanding (MOU) with W-Industries , a provider of engineering, technology, manufacturing, construction and services, to explore opportunities for technology and engineering collaboration.

Key Points: 
  • Amogy , a provider of mature, scalable and efficient ammonia-to-power solutions, announced today the signing of a Memorandum of Understanding (MOU) with W-Industries , a provider of engineering, technology, manufacturing, construction and services, to explore opportunities for technology and engineering collaboration.
  • This technology offers a sustainable, clean energy solution tailored for industries such as maritime shipping and power generation.
  • Together, Amogy and W-Industries will explore opportunities for efficiently scaling the design and fabrication of modularized and containerized variants of Amogy’s products.
  • “Our partnership with Amogy represents a significant step in W-Industries’ history and our drive towards supporting sustainable energy solutions,” says Michael Bain, SVP at W-Industries.

Babcock & Wilcox Receives Contracts Totaling $24 Million for Three Middle East Industrial Boilers

Retrieved on: 
Wednesday, March 20, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.
  • “B&W plays a pivotal role in bolstering the reliability and security of energy infrastructure globally, as we deploy our cutting-edge technologies, equipment and services,” said Chris Riker, Senior Vice President, B&W Thermal.
  • We look forward to delivering reliable, durable and efficient industrial boilers to meet our customers’ needs.”
    B&W’s industrial boilers feature robust designs and fuel flexibility – with the capability to use oil, gas, hydrogen and a variety of other fuels – and are suitable for a wide array of industrial applications.
  • B&W’s growing Middle East, Africa and Central Asia presence includes offices in Saudi Arabia, Egypt, South Africa and a regional headquarters in Dubai, United Arab Emirates.

Chemours and Partners Selected for $60M in U.S. Department of Energy Grants to Support Continued Advancement of Global Hydrogen Economy

Retrieved on: 
Wednesday, March 20, 2024

These selections validate Chemours’ leadership and expertise as a responsible manufacturer of high-quality, durable ionomers and membranes.

Key Points: 
  • These selections validate Chemours’ leadership and expertise as a responsible manufacturer of high-quality, durable ionomers and membranes.
  • The project’s goals include creating products that can be manufactured cost-effectively at scale, a significant challenge the hydrogen industry faces today.
  • “Chemours is committed to using the power of its chemistry to advance the clean energy transition and hydrogen economy.
  • “At Chemours, our advanced chemistry and technology are at the heart of the hydrogen economy and essential to producing and deploying clean hydrogen,” said Gerardo Familiar, President of Advanced Performance Materials at Chemours.

Amogy Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024

Retrieved on: 
Tuesday, March 19, 2024

Amogy , provider of mature, scalable, and efficient ammonia-to-power solutions, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.

Key Points: 
  • Amogy , provider of mature, scalable, and efficient ammonia-to-power solutions, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.
  • Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions.
  • The World's Most Innovative Companies stands as Fast Company's hallmark franchise and one of the year's most anticipated editorial efforts.
  • Fast Company’s Most Innovative Companies package is available online , as well as in-app form via iTunes, and on newsstands beginning March 26.

Global and Regional Hydrogen Fueling Station Markets, 2022-2023 and 2033: Regional Strategy and Impacts, Supply Chain, R&D Review, Use Case, Hydrogen Fueling Station Capacity and Cost Assessment - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 19, 2024

The hydrogen fueling station market is expanding globally, with key players establishing infrastructure in regions such as North America, Europe, Asia-Pacific, and beyond.

Key Points: 
  • The hydrogen fueling station market is expanding globally, with key players establishing infrastructure in regions such as North America, Europe, Asia-Pacific, and beyond.
  • A hydrogen fueling station is a facility that dispenses hydrogen fuel for vehicles that use hydrogen fuel cells.
  • Product/Innovation Strategy: The global hydrogen fueling station market has been extensively segmented based on various categories, such as station size, station type, supply type and end users.
  • Competitive Strategy: Key players in the global hydrogen fueling station market analyzed and profiled in the study involve established and emerging players.

Babcock & Wilcox Signs Agreement for Power Plant Fuel-Switching Project Valued at Approximately $246 Million

Retrieved on: 
Monday, March 18, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal business segment has signed an agreement valued at approximately $246 million for a gas conversion project for a power plant in North America.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal business segment has signed an agreement valued at approximately $246 million for a gas conversion project for a power plant in North America.
  • Under the agreement, B&W has received limited notice to proceed (LNTP) for the coal-to-natural gas project.
  • Notice to proceed for the full contract is anticipated in the fourth quarter of 2024.
  • Babcock & Wilcox Construction Co., LLC, will perform the construction portion of the project under an intercompany agreement when a full notice to proceed is received.