Rising LNG prices expected to increase India’s fertilizer subsidy bill

India’s heavy reliance on imported liquified natural gas (LNG) as a fertilizer feedstock exposes the nation’s balance sheet to ongoing global gas price hikes, increasing the government’s fertilizer subsidy bill, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). By shifting away from expensive LNG imports for fertilizer production

What is the future of hydrogen?

Hydrogen is widely seen as a crucial weapon in the fight to avert the catastrophic consequences of a post-2°C world. A world in which, according to the Natural Resources Defence Council, rising global temperatures would cause widespread human and agricultural devastation while disproportionately affecting lower-income communities.  Pre-pandemic, the urgency of facilitating a global switch to

First green hydrogen fuel plant in Himachal Pradesh to come up soon

Chamba district in the state of Himachal Pradesh will soon have a green hydrogen fuel generation plant. The hydrogen plant will be set up by the National Hydroelectric Power Corporation (NHPC). The decision was taken in a meeting of Chamba district administration with NHPC Ltd held recently which was presided over by Chamba Deputy Commissioner

Europe’s LNG imports won’t fully substitute Russian gas

Europe became the largest customer of US producers of liquefied natural gas recently, taking in more than 50 percent of total U.S. shipments over the last three months. But US LNG, as well as LNG from other sources, would only provide short-term relief. For starters, there are the long-term contracts that all LNG producers in

EC announces €300mn plan for expansion of hydrogen economy

Clean Hydrogen Partnership (CHP) – a brain child of the European Commission – has called for proposals on 41 different research topics with an outlay of €300 million for a comprehensive development of the hydrogen economy. The initial plan is to fund research that will enable hydrogen production and storage. Clean Hydrogen Partnership is a

Australian LNG exports to Europe likely to increase

Australian exporters could secure new LNG export contracts for existing and new projects to Europe over the next few years as the region seeks to avoid a long-term gas crunch. LNG prices have soared in recent weeks, hitting a six-month high recently, as importers scramble to source new supplies to reduce their dependence on Russia.

Second part of National Hydrogen Mission in India under deliberation

National Hydrogen Mission policy’s second phase is currently under consideration by the central government’s expenditure finance committee, Minister of Power and New & Renewable Energy RK Singh said. The Ministry of Power notified the first part of the National Hydrogen Mission policy on green hydrogen and green ammonia on February 17. When asked about when

EU plans to cut energy dependence on Russian gas drastically

The European Commission has outlined a new energy roadmap designed to cut reliance on Russian gas by two-third in just a year, BBC reported. The plan envisages ending reliance on all Russian fossil fuels “well before” 2030. In the short term, gas should be sourced from the US and Africa while some countries may need

MAN invests in hydrogen production

Over the next few years, MAN Energy Solutions will invest up to 500 million euro in its subsidiary H-TEC SYSTEMS to transform the hydrogen specialist into a mass-producer of PEM electrolyzers as quickly as possible. “Our plan is clear,” explained Uwe Lauber, CEO of MAN Energy Solutions. “We are transforming H-TEC SYSTEMS into one of

Natural gas should be part of the energy future

Too often, policymakers want to talk about issues in terms of black and white. In energy and climate policy, that tends to lead to the “renewables vs. fossil fuels” line of thinking. We’ve seen policymakers try to legislate away the use of fossil fuels in the U.S. (Rep. Tulsi Gabbert’s 2017 “Off Fossil Fuels” legislation)