Electrolysis

Ørsted Selected by U.S. Department of Energy to Receive Industrial Decarbonization Funding

Retrieved on: 
Monday, March 25, 2024

HOUSTON, March 25, 2024 /PRNewswire/ -- Ørsted, a leading U.S. clean energy developer, announced today it has been selected by the Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $100 million in federal funding to construct a groundbreaking Power-to-X facility, called Star e-Methanol, along the Texas Gulf Coast.

Key Points: 
  • Ørsted's project was selected as one of 33 projects across more than 20 states to demonstrate commercial-scale decarbonization solutions needed to move energy-intensive industries toward net-zero.
  • "Beyond decarbonization, Ørsted's investments in Texas and in the e-fuels industry will create new American jobs and deliver economic value and benefits to local communities."
  • Ørsted is leveraging its renewable power portfolio to produce green hydrogen and e-methanol to reduce emissions from these sectors.
  • Many employees supporting the project will be based in Houston, where Ørsted opened a new office in early 2024.

Hydrogen Economy Set to Start a 'Gold Rush' in the Clean Fuel Industry: BIS Research

Retrieved on: 
Thursday, March 21, 2024

FREMONT, Calif., March 21, 2024 /PRNewswire/ -- The emergence of the 'Hydrogen Economy' has marked a pivotal shift toward eco-friendly energy alternatives and has started a new chapter in sustainable fuel utilization. At the heart of this transformation is hydrogen, which is distinguished by its varieties, i.e., notably green and white hydrogen. Green hydrogen, obtained from splitting water using renewable energy, has been celebrated for its low environmental impact. The green hydrogen market is expected to grow at a CAGR of 67.19% and reach $141.29 billion by 2033. White hydrogen, also called 'Gold Hydrogen,' occurs naturally and can be mined. The discovery of naturally occurring white hydrogen has kicked off a gold rush and has encouraged several players to locate and extract natural hydrogen.

Key Points: 
  • At the heart of this transformation is hydrogen, which is distinguished by its varieties, i.e., notably green and white hydrogen.
  • The green hydrogen market is expected to grow at a CAGR of 67.19% and reach $141.29 billion by 2033.
  • The global hydrogen supply chain is currently dominated by green hydrogen and encompasses its generation, conservation, and distribution.
  • The rapidly growing 'Hydrogen Economy' is on the verge of transforming the clean fuel landscape, with hydrogen taking center stage in this fight for a greener future.

Hydrogen Economy Set to Start a 'Gold Rush' in the Clean Fuel Industry: BIS Research

Retrieved on: 
Thursday, March 21, 2024

FREMONT, Calif., March 21, 2024 /PRNewswire/ -- The emergence of the 'Hydrogen Economy' has marked a pivotal shift toward eco-friendly energy alternatives and has started a new chapter in sustainable fuel utilization. At the heart of this transformation is hydrogen, which is distinguished by its varieties, i.e., notably green and white hydrogen. Green hydrogen, obtained from splitting water using renewable energy, has been celebrated for its low environmental impact. The green hydrogen market is expected to grow at a CAGR of 67.19% and reach $141.29 billion by 2033. White hydrogen, also called 'Gold Hydrogen,' occurs naturally and can be mined. The discovery of naturally occurring white hydrogen has kicked off a gold rush and has encouraged several players to locate and extract natural hydrogen.

Key Points: 
  • At the heart of this transformation is hydrogen, which is distinguished by its varieties, i.e., notably green and white hydrogen.
  • The green hydrogen market is expected to grow at a CAGR of 67.19% and reach $141.29 billion by 2033.
  • The global hydrogen supply chain is currently dominated by green hydrogen and encompasses its generation, conservation, and distribution.
  • The rapidly growing 'Hydrogen Economy' is on the verge of transforming the clean fuel landscape, with hydrogen taking center stage in this fight for a greener future.

Global Green Hydrogen Market Outlook & Forecast 2024-2029 - Surging Demand for Solid Oxide Electrolysis Cells (SOEC) Technology and Rising Applications of Green Hydrogen Drives Market Growth

Retrieved on: 
Wednesday, March 20, 2024

DUBLIN, March 20, 2024 /PRNewswire/ -- The "Global Green Hydrogen Market - Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 20, 2024 /PRNewswire/ -- The "Global Green Hydrogen Market - Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • 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.

SoCalGas Joins Lawrence Livermore National Laboratory and Electrochaea to Help Advance Gas Infrastructure Decarbonization

Retrieved on: 
Tuesday, March 19, 2024

LOS ANGELES, March 19, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced its collaboration with Electrochaea and Lawrence Livermore National Laboratory (LLNL) on an innovative research project that aims to develop a single-stage electro-bioreactor to transform excess renewable electricity and biogas into carbon-neutral synthetic biomethane, also known as renewable natural gas (RNG). This approach could mark a significant advancement in power to gas technology and underscores the viability of potential for synthetic biomethane to help decarbonize natural gas infrastructure and its end uses from residential heating to manufacturing industries and transportation. SoCalGas has contributed to the project's technical development and helped provide funding, which was also supported by a $1 million grant from the Department of Energy (DOE).

Key Points: 
  • This innovative technology could help revolutionize biomethane production and help decarbonize gas infrastructure by displacing traditional natural gas with carbon-neutral synthetic biomethane.
  • LOS ANGELES, March 19, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced its collaboration with Electrochaea and Lawrence Livermore National Laboratory (LLNL) on an innovative research project that aims to develop a single-stage electro-bioreactor to transform excess renewable electricity and biogas into carbon-neutral synthetic biomethane, also known as renewable natural gas (RNG).
  • "We are excited to collaborate with SoCalGas and Lawrence Livermore National Laboratory who are undisputed leaders in their respective fields.
  • Learn more about how SoCalGas is working to help achieve a future through innovation, collaboration and decarbonization at https://www.socalgas.com/sustainability

Government of Canada and Germany Land Agreement Securing Early Market Access for Clean Canadian Hydrogen

Retrieved on: 
Monday, March 18, 2024

Canada can be a world-leading producer and exporter of clean hydrogen and associated technologies, and the federal government is helping to make that happen.

Key Points: 
  • Canada can be a world-leading producer and exporter of clean hydrogen and associated technologies, and the federal government is helping to make that happen.
  • This program will accelerate commercial-scale hydrogen trade between Canada and Germany, secure early access for clean Canadian hydrogen producers in the German market and strengthen our two countries' efforts to fight climate change and enhance energy security.
  • Prior to today's announcement, Canada has made significant efforts to support the production and export of clean hydrogen.
  • It will help secure early market access for competitively priced clean energy products by Canadian industry and ensure good jobs, clean economic growth and emission reductions at home while strengthening energy security abroad.

Nel ASA: Nel and partners receive about USD 90 million in funding from DoE

Retrieved on: 
Wednesday, March 13, 2024

OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel, (OSE:NEL). Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects. Nel is the leading partner on one of the projects. About 10 % of the work under the R&D programs will be undertaken by Nel.

Key Points: 
  • Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects.
  • Nel is the leading partner on one of the projects.
  • About 10 % of the work under the R&D programs will be undertaken by Nel.
  • DoE has awarded funding to the following projects in which Nel is one of the partners:
    Low-Cost, Clean AEM Electrolysis through Transport Property Understanding, Manufacturing Scale-up, and Optimization of Electrodes and Their Interfaces (Nel in lead)
    Link to the press release from the Department of Energy: https://www.energy.gov/eere/fuelcells/bipartisan-infrastructure-law-clea... .

Nel ASA: Nel and partners receive about USD 90 million in funding from DoE

Retrieved on: 
Wednesday, March 13, 2024

OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel, (OSE:NEL). Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects. Nel is the leading partner on one of the projects. About 10 % of the work under the R&D programs will be undertaken by Nel.

Key Points: 
  • Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects.
  • Nel is the leading partner on one of the projects.
  • About 10 % of the work under the R&D programs will be undertaken by Nel.
  • DoE has awarded funding to the following projects in which Nel is one of the partners:
    Low-Cost, Clean AEM Electrolysis through Transport Property Understanding, Manufacturing Scale-up, and Optimization of Electrodes and Their Interfaces (Nel in lead)
    Link to the press release from the Department of Energy: https://www.energy.gov/eere/fuelcells/bipartisan-infrastructure-law-clea... .

Brattle Report Analyzes the Emerging Economics of Clean Hydrogen Production and Delivery

Retrieved on: 
Monday, March 11, 2024

Specifically, they explore how the production and delivery costs of H2 are changing under the influence of recent strong tax incentives, US Department of Energy (DOE) support for hydrogen research and hub development, rapid commercialization, and projected technology improvements.

Key Points: 
  • Specifically, they explore how the production and delivery costs of H2 are changing under the influence of recent strong tax incentives, US Department of Energy (DOE) support for hydrogen research and hub development, rapid commercialization, and projected technology improvements.
  • The report, Emerging Economics of Hydrogen Production and Delivery, compares the cost of hydrogen under a few different modes of production, as well as potential differences based on year and region.
  • Blue hydrogen costs are also projected to reach cost parity with grey hydrogen by 2030.
  • Emerging Economics of Hydrogen Production is authored by Principal Frank Graves , Senior Associate Josh Figueroa , Energy Associate Ragini Sreenath , Senior Energy Analyst Jadon Grove, Senior Research Analyst Lorenzo Sala, and outside expert Stephen Thumb.

thyssenkrupp nucera and Fraunhofer IKTS Agree on a Strategic Partnership in SOEC Technology

Retrieved on: 
Wednesday, March 13, 2024

thyssenkrupp nucera and the Fraunhofer IKTS are entering into a strategic partnership for this purpose.

Key Points: 
  • thyssenkrupp nucera and the Fraunhofer IKTS are entering into a strategic partnership for this purpose.
  • Together, thyssenkrupp nucera and Fraunhofer IKTS want to work to take the final steps in high-temperature electrolysis (SOEC) toward industrial manufacturing and application.
  • The strategic partnership also includes a license for the production and use of CFY stacks based on the SOEC technology of Fraunhofer IKTS by thyssenkrupp nucera.
  • Professor Dr. Alexander Michaelis, Director of Fraunhofer IKTS, adds: "We are very pleased to contribute our world-leading research and development expertise in SOEC technology to the partnership with thyssenkrupp nucera.