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.
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.
Atome Energy has doubled the planned capacity of its project in Paraguay, while announcing the appointment of engineering companies to carry out design work.
Members of the public have been invited to have their say on the first phase of plans for a £215m hydrogen scheme planned by BP and Aberdeen City Council.
Prime Minister Rishi Sunak has vowed to help “turbocharge” investments in South African infrastructure, calling out green hydrogen opportunities in particular.
The Sovereign Fund of Egypt (TSFE) has signed up to explore options for a new 1.1 GW wind project, with ACWA Power, and a green hydrogen plan with AMEA Power.
Hydrogen will unquestionably play a key role in the energy transition – but to do so will require the rapid expansion of equipment to produce, store, transport and consume it.
Three of East Asia’s leading energy and infrastructure groups have signed a new agreement to explore the development of green hydrogen and ammonia projects in Indonesia.