Energy security

• The purchase was made through GSA Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing.
• The U.S. Army is building a more sustainable and energy-resilient future for its fleet and its facilities across the country.
• The EV ARC™ systems support Executive Order 14057 calling for 100% zero-emission federal fleet light duty vehicle acquisitions by 2027 and will support the growing fleet of zero emission vehicles (ZEVs).
• “As federal fleet electrification initiatives like Executive Order 14057 gain momentum, we expect continued growth in the federal sector.

• Citi Global Wealth Investments today released its Mid-Year Wealth Outlook 2023 report - Opportunities on the Horizon: Investing Through a Slowing Economy.
• This biannual report sets out Citi Global Wealth’s outlook on how investors should approach developments in the global economy, markets and geopolitics.
• Though 2023 has been full of extraordinary events, Citi Global Wealth sees the remainder of the year as an opportunity.
• We are in a “rolling recession” where parts of the US economy are growing even as others contract.

• It can be used in most equipment where fossil fuels such as natural gas (methane) or LPG (liquefied petroleum gas) are currently used.
• And it can generate enough heat for heavy industry processes such as steelmaking, which is overwhelmingly done by burning coal at present.
• These qualities make hydrogen gas an attractive replacement for the fossil fuels driving climate change.

How is hydrogen produced?

• This is called “green” hydrogen but, at the moment, it accounts for only 0.1% of global hydrogen production.
• The infrastructure necessary to produce green hydrogen at scale hasn’t been built yet as there is insufficient incentive to do that while it’s cheap and simple to make hydrogen using fossil fuels.
• Only about 1% of global hydrogen production is subject to an industrial process known as carbon capture, use and storage (CCUS), which filters out most of the carbon (the current best capture rate is about 90%) to create “blue” hydrogen.

Should we use hydrogen in homes?

• While hydrogen has the potential to be a green substitute for fossil fuels, this is still very much a future prospect.
• To decarbonise home heating and hot water, the UK’s recent energy security bill promoted heat pumps as a replacement for gas boilers.
• Heat pumps work like a refrigerator in reverse, pushing heat into rather than out of a space.
• It’s even lower if they burn hydrogen, perhaps less than 0.5.

The gas grid

• A recent report by a government advisor known as the Hydrogen Champion recommended blending up to 20% hydrogen into the gas grid, similar to how most petrol now has 10% ethanol blended in.
• Domestic gas use is considered “low risk” because most householders simply don’t have an alternative.
• The message from UK gas network operators is that they are transitioning the gas grid to hydrogen, with work already underway planning the upgrades to regional pipelines that will be required and for pilot projects with small groups of houses.
• But transitioning the entire gas grid to hydrogen would be an enormous task.

What should households do?

• You have no control over what sort of gas gets delivered through the pipes to your house.
• In the longer term heavy industry and transport will suck up the vast majority of hydrogen produced.
• Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue.

• OSLO, Norway, March 29, 2023 /PRNewswire/ -- Norwegian Energy Company ASA's ("Noreco" or "the Company") board of directors is pleased to announce a rebranding and contemplated change of name from Norwegian Energy Company ASA to BlueNord ASA.
• The notice for AGM is expected to be announced later today and the change of company name will take effect following, and subject to, approval by the AGM.
• "We are today facing the future as a forward-leaning and strong company, which will be named BlueNord.
• "It is my pleasure to introduce you today to BlueNord, the proposed new name for Noreco.