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U.S. Climate Law Has Boosted Solar, Batteries; Hydrogen, Other Initiatives Lag

Energy Topics & Technology, Hydrogen, Latest, Renewable Energy, Solar, Tri-Pinned, US News, Wind / By

The U.S. has doubled the pace of cutting carbon emissions since President Joe Biden’s Inflation Reduction Act (IRA) passed in 2022, analysts and scientists said, with more than 80 solar, wind and energy storage projects taking advantage of the law’s mix of direct payments and tax credits. The IRA and the Bipartisan Infrastructure Law last …

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JERA, Exxon to Explore Development of Hydrogen and Ammonia Production Project in U.S.

Energy Topics & Technology, Hydrogen, Latest, US News / By

(Reuters) – JERA, Japan’s top power generator, said on Monday it has agreed with Exxon Mobil to jointly explore the development of a low-carbon hydrogen and ammonia production project in the United States. Exxon is developing what is expected to be the world’s largest low-carbon hydrogen production plant at its Baytown Complex east of Houston …

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Exxon CEO Says Hydrogen Project at Risk Without IRA Tax Credits

Energy Topics & Technology, Hydrogen, Latest, US News / By

Texas plant would make hydrogen from gas and capture carbon Woods calls on Biden administration to back IRA ‘principles’ Exxon Mobil Corp. won’t move forward with one of the world’s largest, low-carbon hydrogen projects if the Biden administration withholds tax incentives for natural gas-fed facilities, Chief Executive Officer Darren Woods said during an interview. Under the current guidelines, …

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Hydrogen Adoption Will Cost Europe, US More Than $1 Trillion

Energy Topics & Technology, Hydrogen, Latest, US News / By

Europe and the U.S. will have to spend in excess of $1 trillion for building infrastructure to enable widespread use of hydrogen fuel, an executive at Mitsubishi Heavy Industries said on Monday. A wholesale move to hydrogen will need significant new demand, which could only come with investments in infrastructure to reduce the cost. European …

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Biden Prioritizes Investments in EV Chargers and Hydrogen Fuelling Stations Along Key Freight Corridors

Electric Vehicles, Energy Topics & Technology, Hydrogen, Latest, US News / By

Bloomberg News U.S. officials want to speed the adoption of zero-emission 18-wheelers and other trucks used to haul goods across the country. PHOTO BY USTIN SULLIVAN/GETTY IMAGES The Biden administration is rolling out its plan for deploying electric vehicle charging and hydrogen fuelling infrastructure on the nation’s freight corridors — part of a bid to decarbonize U.S. supply …

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Hydrogen Wildcatters Still Need to Find Their First Gusher

Energy Topics & Technology, Hydrogen, Latest, US News / By

By David Fickling David Fickling is a Bloomberg Opinion columnist covering energy and commodities. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. Think of an iconic image of the petroleum age, and you may well be picturing a fountain of crude spouting hundreds of feet into the air, scattering …

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Top Global Energy Traders Face Multi-Billion Cash Investment Quandary as Poor Returns in Solar, Wind and Hydrogen Irk Investors

Conventional Energy, Energy Topics & Technology, Hydrogen, Latest, LNG, Natural Gas, Oil, Pinned Primary, Renewable Energy, Solar, US News, Wind / By

 As the world’s top global energy trading houses prepare for their biggest annual industry get-together this week in London they face a growing problem, what to do with their cash. Most trading houses, which are privately owned and controlled by their employees, disclose little about their cash position, equity or dividends. But according to more …

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Hydrogen Fuel Cells: The Future of Transportation? – ENERGYminute

Hydrogen, Latest, US News / By

By Aaron Foyer Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE Fuel cell electric vehicles (FCEVs) are powered by combining hydrogen and oxygen to create electricity. The nascent technology could eventually compete with electric vehicles to replace the internal combustion engine. The science: A catalyst separates hydrogen into protons and electrons, which split …

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Baker Hughes Achieves New Hydrogen Milestones to Accelerate Transition to Hydrogen Economy

Energy Topics & Technology, Hydrogen, Latest, Press Releases / By

New hydrogen testing facility at Florence, Italy, manufacturing site unveiled as part of the company’s strategy to further support the deployment of hydrogen-ready technologies, such as the optimized NovaLT™16 turbine delivered to Air Products’ Net-Zero Hydrogen Energy Complex in Edmonton Progress follows delivery of advanced hydrogen compression technologies for NEOM green hydrogen company in Saudi Arabia, …

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