Hyphen has set out a plan to produce 1 million tpy of green ammonia by 2027. It then aims to scale up output to 2mn tpy by 2029.
Once the right opportunities have been identified, achieving critical mass in terms of volumes is crucial for the economic feasibility of the valley.
The statement noted that green ammonia produced domestically would reduce South Africa’s reliance on imports and the strain on its overburdened rail network.
ITM Power (LON: ITM) is to reduce its headcount after an “unacceptable financial performance” by the green hydrogen electrolyser manufacturer in recent times.
Oilfield services giant Baker Hughes (NASDAQ: BKR) has signed a pact with Australia’s Fortescue Future Industries (FFI) to jointly explore development of green hydrogen and geothermal energy.
Shell spudded the Jonker well in December. “I’m not saying anything apart from to say it is going well, it is going very well,” Shino said to applause.
Sasol and Sonatrach have teamed up to work on the production of low-carbon hydrogen and synthetic gas in Sicily.
Gravitricity has selected corporate finance specialists Gneiss Energy to spearhead a £40 million funding drive.
Sasol said it was committed to cutting its emissions by at least 30% by 2030 and that green hydrogen would play a key role in transforming South Africa’s economy.
The UK must face up to the challenge of heating housing in low carbon ways, or will fail the legally binding 2050 net zero target. There are three main technologies for decarbonising domestic heating – heat pumps, hydrogen boilers and heat networks.
Meanwhile the UK Government has pledged an update on Track 2 - part of its £1bn carbon capture fund - in spring.
Shares in London-listed ITM Power (LON: ITM) fell on Monday after the green hydrogen firm issued its third profit warning in eight months.
The MoU today demonstrates that “not only are we are strengthening our energy security and lowering bills for consumers in the long term, we’re unlocking huge opportunities for investment in British expertise and jobs in the process”.
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments, but helped by a significant rise in funding for hydrogen and carbon capture, utilisation and storage (CCUS) infrastructure, Rystad Energy research shows.
The company signed a term sheet to buy LNG from Oman LNG for 10 years. The Omani project will provide Shell with 0.8 million tonnes per year, it said.
It also noted that there was scope to develop hydrogen resources within the venture. There was discussion in December, during talks between Algeria and Germany, about the possibility of transporting green hydrogen via Italian links.
We do some detecting of our own...
RWE and Equinor said they would build hydrogen power plants, as well as a pipeline to send the fuel to Germany from Norway.
Plans are in the offing to develop hundreds of purpose-built underground hydrogen stores that could help to fuel the UK’s green future.
A green hydrogen expert has responded to a Westminster report on the use of the fuel in heat networks, arguing it misses the point.
Hydrogen is not the "panacea" for reaching net zero emissions by 2050, MPs have said.
Getech has completed the first phase of development at its Inverness green hydrogen hub, clearing the site ready for new infrastructure.
A consortium of North Sea companies have launched a new initiative to create a “Hydrogen Highway” from Scotland to Rotterdam.
Unlike hydrocarbons, which produce carbon dioxide, heat and water when combusted in the presence of oxygen, hydrogen produces only heat and water. As we seek to decarbonise the UK’s energy sector one of the paths that is being explored is the use of hydrogen within a grid connected gas fired power plant in the UK.
Commodity trader Trafigura will pay out $1.71 billion in dividends to its employee shareholders, the company said today, reporting record profits for the 2022 financial year.