Hydrogen - Today in Oil and Gas

Five Takeaways From the BNEF Barrel of Tomorrow Summit – Houston

Carbon Capture, Conventional Energy, Energy Topics & Technology, Hydrogen, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By mark

Takeaways by Bloomberg AI Companies are looking outside of the US for opportunities due to Trump rolling back clean-tech incentives, with the green hydrogen industry and carbon capture and storage being affected. Regulation is needed to scale green tech, with executives saying that policy support, including mandates, is necessary to lower technology costs and guarantee …

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UAE’s Green Champion Shifts Hydrogen Billions to Data Boom

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

By Verity Ratcliffe and Anthony Di Paola Abu Dhabi’s main renewables company has diverted billions of dollars to AI projects instead of green hydrogen, due to a lack of buyers for the fuel once seen as key to the energy transition. Global demand for clean hydrogen products has fallen short of expectations while power needs …

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Is The World’s Green Hydrogen Dream Fizzling Out?

CDN and International News, Energy Topics & Technology, Hydrogen, Latest / By mark

Green hydrogen was meant to clean up dirty sectors like steel and shipping. But costs are high, investment is falling, and projects are stalling. Is it the fuel of the future — or a climate bet gone bad? By Keira Wright and David R Baker A train powered by fuel cells which convert hydrogen to …

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Thyssenkrupp Nucera Abandons US Green Hydrogen Projects No Longer Deemed Feasible – CEO

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

Thyssenkrupp Nucera is in intensive discussions with stakeholders in its U.S. projects and is abandoning those no longer deemed feasible due to tax and spending changes initiated by U.S. President Donald Trump, its CEO said on Wednesday. Global demand for green hydrogen had stalled amid concern among clean-tech players over what Trump’s policies would mean for …

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IT’S NOT EASY BEING GREEN: Cancelled and Postponed Green Hydrogen Projects

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

MADRID, July 23 (Reuters) – Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made many ventures unviable. Here are some projects that have been cancelled, postponed or scaled back. EUROPE Energy company LEAG’s plans to build one of Europe’s …

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Cancelled and Postponed Green Hydrogen Projects

CDN and International News, Energy Topics & Technology, Hydrogen, Latest / By mark

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Green Hydrogen Retreat Poses Threat to Emissions Targets

CDN and International News, Emission Reduction, Energy Topics & Technology, Hydrogen, Latest / By mark

By Pietro Lombardi, Nina Chestney and Riham Alkousaa Shelved projects knock lofty ambitions for green hydrogen Subsidies alone are not enough to drive investment Prices remain uncompetitive compared with alternatives MADRID/LONDON/BERLIN, July 23 (Reuters) – Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance …

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The Biggest Losers in the GOP Plan to Slash US Climate Spending

Carbon Capture, Conventional Energy, Energy Topics & Technology, Environment, Hydrogen, Latest, Nuclear, Renewable Energy, Solar, US News / By mark

The proposal would eliminate popular tax credits for electric vehicles and home solar. By Ari Natter and Mark Chediak Workers install solar panels on a home in San Francisco. Photographer: Michaela Vatcheva/Bloomberg House Republicans released their first stab at a bill to extend President Donald Trump’s tax cuts, which would help pay for them by …

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Repsol Cuts Green Hydrogen Target by as Much as 63%

CDN and International News, Energy Topics & Technology, Hydrogen, Latest / By mark

MADRID, Feb 20 (Reuters) – Spanish energy company Repsol (REP.MC) cut its 2030 target for green hydrogen production by up to 63%, Chief Executive Josu Jon Imaz said on Thursday, highlighting the challenges of a high-cost industry heavily reliant on subsidies. Repsol now expects to achieve between 0.7 gigawatts (GW) and 1.2 GW of electrolyser …

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U.S. Hydrogen Industry May Turn to Gas, Carbon Capture Under Trump

Conventional Energy, Energy Topics & Technology, Hydrogen, Latest, Natural Gas, US News / By mark

Green investments stalled due to policy uncertainty, says BNEF 377,000 tons of blue hydrogen capacity may be online by 2025 The US hydrogen economy will likely rely on natural gas and carbon capture technologies rather than green energy in Donald Trump’s second term, according to BloombergNEF. Billions of dollars of investment have stalled in 2024 waiting for the Biden …

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