As the world races towards cleaner energy, hydrogen is emerging as a potential winner. Some analysts are predicting that the hydrogen market could be worth $1 trillion per year by 2050. To reach this $1 trillion a year estimate, hydrogen would have to occupy around 15 percent of the global energy market. New reports suggest […]
Exxon To Mount A Major Hydrogen, CCS Project At Its Baytown Complex – EQ Mag Pro
As part of its expanding Low Carbon Solutions business unit, ExxonMobil announced plans on Tuesday to mount a major new “blue” hydrogen production and carbon capture and storage (CCS) project at its venerable Baytown Refining and Petrochemical Complex. When completed, the company says it will be one of the largest CCS projects in the world. […]
Hydrogen generation could become a $1 trillion per year market, Goldman Sachs says – EQ Mag Pro
“We need something that takes today’s role of natural gas, especially to manage seasonality and intermittency, and that is hydrogen,” Goldman Sachs’ Michele DellaVigna told CNBC. Described by the International Energy Agency as a “a versatile energy carrier,” hydrogen can be produced in a number of ways. One method includes using electrolysis, with an electric […]
New policy to cut green hydrogen cost by 40-50 per cent, says Indian Oil
IOC plans to replace this ‘grey hydrogen’ with ‘green hydrogen’ — also referred to as ‘clean hydrogen’ — by using electricity from renewable energy sources India’s largest oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green […]
National Hydrogen Policy to allow open access: Power Minister
National Hydrogen Policy to allow open access, free wheeling of renewable energy for producing green hydrogen: Power Minister. Source: PTI
Developing an Understanding of the Role of Hydrogen in Africa – EQ Mag Pro
As the African continent looks towards cleaner sources of fuel in a bid to address climate change, hydrogen has emerged as both a viable and critical resource. With renewable energy resources widely available across the continent, Africa has the potential to establish strong hydrogen markets, driving socio-economic growth and alleviating energy poverty. With hydrogen expanding […]
Reliance Industries seeks to be the world’s top blue hydrogen maker – EQ Mag Pro
RIL will re-purpose a Rs 30,000-crore plant that currently converts petroleum coke into synthesis gas to produce blue hydrogen for $1.2-1.5 a kilogram Billionaire Mukesh Ambani’s Reliance Industries Ltd is targeting to become one of the largest producers of blue hydrogen globally, producing the zero-emission fuel at costs that will be half of the global […]
India’s Hydrogen Economy: The Story In Mission Mode – EQ Mag Pro
India’s National Hydrogen Mission is a futuristic vision that can fetch environmental laurel and meet strategic objectives. The Ministry of New and Renewable Energy has drafted a National Green Hydrogen Energy Mission document which would inter-alia aim to scale up green hydrogen production and utilisation across multiple sectors. On 15 August 2021, Prime Minister Narendra […]
A novel way to store energy from the sun in solution for eventual conversion to hydrogen – EQ Mag Pro
A team of researchers affiliated with several universities in Germany has developed a novel way to store energy captured from the sun for use in conversion to hydrogen fuel. In their paper published in the journal Nature Chemistry, the group describes how they produced a molecule capable of holding energy captured from the sun that […]
Dude, Where’s My Hydrogen-Powered Car? – EQ Mag Pro
With zero-carbon emissions, hydrogen was supposed to be an energy cure-all. So why aren’t we filling up our cars with it? Dan Neil explains. HOW GREEN IS MY HYDROGEN? Solar-powered electrolysis is one of the few pathways to producing ‘green’ hydrogen, with virtually zero carbon emissions. Other products are color-coded by process: gray hydrogen refers […]