Hydrogen injects reality into gas-fired energy transition

This week’s world’s first shipment of liquid hydrogen from the port of Hastings in Victoria to Japan may prove as important to Australia’s future prosperity as the first shipment of iron ore to depart the Pilbara was in the 1960s. It marks an important milestone in the transition that Australia’s fossil fuel-based resource economy seeks

Hydrogen costs to fall over 95% by 2050

Investments to the tune of $10 trillion (Rs 744 lakh crore) in the hydrogen sector by 2050 will pull down the cost of the fuel and disrupt the energy sector, according to a new analysis. Hydrogen will be cheaper by 95 per cent by mid-century, according to the analyst group Rethink Energy. The impending hydrogen

Hydrogen projects in focus in Asia-Pacific

India’s Reliance Industries Ltd. has signed a memorandum of understanding with the Gujarat state government to invest Rupee 5 trillion ($67.71 billion) into renewable energy and renewable hydrogen assets, the company said Jan. 13. RIL would invest an additional Rupee 600 billion in component manufacturing for solar PV modules, including polysilicon, wafer, cell and module

NYK and Knutsen create CO2 carrier joint venture

Nippon Yusen Kaisha of Japan and Norway’s Knutsen Group of Norway have established a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business worldwide using the Knutsen developed technology PCO2 which allows transport of liquified CO2 at ambient temperatures. NYK and the Knutsen will each hold 50% stakes

New ‘dawn’ as Aust ships hydrogen to Asia

Australia’s first commercial shipment of super-cooled liquid hydrogen will soon be on its way to Japan, project partners say. Scientists at CSIRO have been working with industry on the first stage of a $500 million hydrogen energy supply chain (HESC) project as the next phase for Victoria’s coalfields. Australia is separated by more than 1500km

India & Denmark agree to work together on green fuels

India & Denmark agreed to initiate joint research and development on green fuels including green hydrogen, during the Joint S&T Committee meeting in January 2022. The Joint Committee discussed national strategic priorities and developments in Science, Technology, and Innovation of both countries with a special focus on green solutions of the future – strategy for

German govt backs SA’s green hydrogen economy with over R700m in grant funding

South Africa’s green hydrogen economy could benefit from as much as €40 million (or about R700 million) in grant funding from the German government that could aid its development. Minister in the Presidency Mondli Gungubele on Monday shared the country’s plans to develop its green hydrogen economy at Port Nolloth in the Northern Cape. He

Will shift to hydrogen economy break old geopolitical constraints?

The rapid growth of a global hydrogen economy could significantly shift geoeconomics and geopolitics as new interdependencies arise, according to a new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen factor posits that hydrogen will change the geography of energy trade and the way energy relations are regionalised.

Hydrogen demand set to ‘take off’ in mid-2030s

Hydrogen will account for 12% of global energy use by 2050, with demand set to “take off” in the mid-2030s, the International Renewable Energy Agency said in a report on January 15. At least 30% of hydrogen production could be traded across borders by 2050, a higher share than natural gas today, with over 30

Hyundai Heavy unit says technology to ship hydrogen ready by 2025

Korea Shipbuilding & Offshore Engineering (KSOE) expects to have the technology to transport hydrogen by ship by 2025, an executive said, targeting a breakthrough in supplying a fuel touted by supporters as offering a major source of clean energy. The development by KSOE 009540.KS, the shipbuilding arm of Hyundai Heavy Industries Group 267250.KS, one of