India may soon become the Middle East of Green Hydrogen

The announcement of the phase one National Hydrogen Mission by the government on February 18 has been met with applause by the Street with brokerage firm Morgan Stanley India calling it a “watershed moment”. Under the new policy notified by the government, the government aims to achieve a production target of close to 5 million

New policy to reduce the cost of green hydrogen by 40-50%

India’s largest oil company Indian Oil Corporation (IOC) will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units, as it considers hydrogen policy green which has just been announced as a turning point in the country’s energy transition. this will help reduce costs. SSV Ramakumar, director of

Green hydrogen has received political recognition

The Union government’s announcement of a new green hydrogen and green ammonia strategy, aimed at increasing domestic green hydrogen production to 5 million tonnes by 2030 and establishing India as a clean fuel export hub, has been a godsend to the green hydrogen sector. Despite the fact that green hydrogen is considered as an environmental

More incentives needed for green hydrogen policy, say experts

The ‘Green Hydrogen’ policy announced by the government on Thursday incentivises producers of this form of power but only partially, say experts. A notification by the Power Ministry on Thursday says that manufacturers of green hydrogen or ammonia may purchase renewable power from the power exchange or set up renewable energy capacity themselves or through

Breakthrough in converting carbon dioxide into fuel using solar energy

A research team led by Lund University in Sweden has shown how solar power can convert carbon dioxide into fuel, by using advanced materials and ultra-fast laser spectroscopy. The breakthrough could be an important piece of the puzzle in reducing the levels of greenhouse gases in the atmosphere in the future. The study is published

Facing Texas pushback, BlackRock says it backs fossil fuels

At the risk of being dropped from Texas pension funds, BlackRock Inc has ramped up its message that the world’s largest asset manager is a friend of the oil and gas industries. As a large and long-term investor in fossil fuel companies, “we want to see these companies succeed and prosper,” BlackRock executives wrote in

Wartsila to equip Poland’s first LNG-powered RoPax ships

Poland-based Remontowa shipyard has chosen Finland’s Wartsila for the delivery of engines, fuel storage and supply systems for three new RoPax ships. These are said to be the first liquefied natural gas (LNG)-driven RoPax ships to be constructed for the Polish maritime industry. With an overall length of 195m, the vessels will be operated by

Australia announces new biofouling measures

New requirements for managing biofouling on international vessels arriving in Australia will begin on 15 June 2022. The Department of Agriculture, Water and the Environment is working closely with Australian and international shipping industries and recreational vessel operators on a number of initiatives. Operators of all vessels subject to biosecurity control will be required to

India’s technology path key to global steel decarbonisation

The global steel industry is poised to shift from coal to hydrogen. With enough high-quality iron ore and low prices for hydrogen, India could play a pivotal role in global steel decarbonisation given its large and growing economy. Recent announcements by global steel companies in India highlight how important the nation’s steel technology path will

India’s first half February gasoline, diesel use rises

India’s gasoline demand rose on the month in the first half of February as mobility increased after Omicron-related restrictions eased, while diesel consumption also increased. Gasoline use rose by 7% on the month to 585,000 b/d in the previous fortnight, according to state-controlled refiners that account for around 90pc of India’s fuel sales. Average driving