Advanced atomic to power affordable production of green ammonia for shipping

Core Power, a leader in advanced nuclear energy technology for ocean transportation and heavy industry released a special report on the mass-production of zero-carbon fuels for shipping, using advanced nuclear technologies offshore. The production of green ammonia is a key component of the decarbonisation plans for international shipping. While the largest 17,000 ships are unlikely

Australia must shift from fossil fuels or risk more than 100,000 jobs

A failure to engage with the global shift towards decarbonisation is putting thousands of jobs in regional Queensland and Western Australia at risk, as global demand for coal and gas plummets. New research published by the Centre for Policy Development (CPD) estimates that between 100,000 and 300,000 Australian jobs in emissions-intensive industries – and mostly

Budget 2022 must focus on India’s new energy transition

India imports 80 percent of crude oil, and 54 percent of LNG representing ~38 percent of India’s energy consumption. For every 10 percent increase in crude oil price, there is an impact on India’s current account deficit by $10 billion, or negative 0.4 percent of GDP. Crude oil prices have increased by nearly 28 percent

DNV-led consortium to conduct ammonia bunkering safety study

The Global Centre for Maritime Decarbonisation (GCMD) has awarded its ammonia bunkering safety study in Singapore to a DNV-led consortium aimed at accelerating the shipping industry’s decarbonisation efforts, the Centre said in a statement on Wednesday. “A precursor to the demonstration of ammonia bunkering in Singapore, the intent of this study is to define a

De-risking 2030 will help shipowners in 2050

Waiting until 2028, and then following the lead of others, is a very high-risk decarbonisation strategy. No single fuel and energy conversion technology is going to satisfy the requirements of every shipowner, so each must develop their own decarbonisation strategy and use 2030 targets to evaluate the solutions that could then take them through to

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

How to accelerate the net-zero transition in transport

The role of transport was front and center at COP26 in Glasgow, Scotland. Leaders from nations, cities, international organizations, NGOs – and notably the private sector – zeroed in on the role of transport as one of three critical sources of carbon emissions as well as the only sector still increasing in its greenhouse gas

A new carbon capture method turns co2 into solid carbon ‘in an instant’

A new decarbonisation technology developed by RMIT University researchers in Australia instantaneously turns CO2 into solid carbon, a press statement reveals. The team claims their method is commercially viable and that it could soon be deployed in aid of global efforts to reduce the ongoing effects of the climate crisis. A ‘radically more efficient’ method

Why it matters to go beyond net-zero plan

’Net-zero’ pledges have been made globally over the past few years, committing organisations to manage greenhouse gases emissions. In 2021, more firms and governments committed themselves to becoming net-zero before 2050 with the aim of fighting climate change. Net-zero targets are a critical tool to fight climate change and stakeholders are pushing companies to make

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