The Green Hydrogen Catapult (GHC) set a goal of 45 gigawatts (GW) of electrolyzers, powered with green electricity, to be developed with secured financing by 2026, with targeted commissioning in 2027. The electrolyzers could produce enough hydrogen to power about 45 average-size steel mills, while cutting greenhouse gas emissions by reducing the need for fossil fuels, the group said.
As part of this agreement, the companies will explore ways to deploy Plug Power’s technology within Phillips 66’s operations, leveraging Plug Power’s experience as a full value chain provider within the hydrogen economy. Plug Power will benefit from Phillips 66’s capabilities as a developer of large-scale energy infrastructure, operator of industrial-scale hydrogen production facilities, and presence in the fuels marketing…
Green investment should be funneled to those countries with more space, sunlight, or wind. These are often developing countries, so at the same time, this would allow developed nations to make good on their promise to mobilize $100 billion a year in climate finance.
Hydrogen is uniquely capable of enabling the energy transition as the only zero-emission technology able to produce the intense heat necessary for the industrial production of cement, steel, glass and other materials. And as a versatile energy carrier, hydrogen is also complementary to other low- and zero-carbon fuels -- allowing utilities across the nation to harness energy from wind, solar…
Germany has an advanced hydrogen strategy and the country is working hard on its implementation. Probably more than a quarter of state funding committed by all 17 countries with hydrogen strategies to date is provided by the German government. Germany considers only hydrogen produced from renewable electricity to be sustainable in the long term and thus favors green hydrogen. Nevertheless…
A “hydrogen hub” — a cluster of local hydrogen production, storage and demand — can be a great first step in developing the hydrogen economy. Long Island is well-positioned to become a hydrogen hub, given the high energy demand in the New York City metro area, limited transmission connections, and large offshore wind potential, which could be used to produce…