Hydrogen

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EnBW to Invest 1 bln Euros as Germany’s Hydrogen Grid Takes Shape

By Vera Eckert EnBW and subsidiaries to take part in national plan Pipeline group FNB has submitted overall plan to regulator Regulator expected to give approval in two months Aim is for construction to begin next year FRANKFURT, July 23 (Reuters) – EnBW (EBKG.DE) will invest 1 billion euros ($1.09 billion) in Germany’s planned national …

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Shell CEO Warns of Risk From Volatile Policy in DC Visit

Policy charted in US capital weighs on spending, Sawan says Sawan touts LNG as flexible option to meet industrial demand Shell Plc’s chief executive officer used a trip to Washington to deliver a plea for stability months before a US presidential election that threatens more upheaval in the global energy sector. Wael Sawan’s remarks during …

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US, Europe and China to Dominate Hydrogen Supply, BNEF Says

Projects in the three markets to make up 80% of production Strong policy support, ambitious growth goals to spur supply The US, Europe and China will dominate global supply of low-carbon hydrogen by the end of the decade, driven by strong regulatory support and ambitious growth targets, according to BloombergNEF. By 2030, the three markets will …

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U.S. Offers Conditional $1.66 Billion Loan to Hydrogen Producer Plug Power

(Reuters) – The U.S. Energy Department on Tuesday said it has offered a conditional loan guarantee of up to $1.66 billion to Plug Power Inc  to help it build up to six plants to produce clean hydrogen. The hydrogen fuel from the plants is expected to power fuel cell-electric vehicles used in material handling, transportation, and …

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Exxon, Chevron CEOs Seek Clear Rules on U..S Clean Energy Subsidies

Top executives at U.S. oil giants Exxon Mobil and Chevron Corp said on Monday that the U.S. needs to clarify rules on energy subsidies to drive the rapid, large-scale investments needed to fight climate change. President Joe Biden has been trying to encourage energy producers to slash emissions using technologies like carbon capture and green hydrogen that are expensive …

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America’s Clean Tech Withers Even as Imports Are Blocked

It may be challenging to assail China’s lead in some technologies, but the field is wide open for those yet to get established. By David Fickling David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. When you introduce …

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Few Stations and $200 to Fill Up: Life on California’s ‘Hydrogen Highway’

Bloomberg As California’s longtime chief climate regulator, Mary Nichols once championed hydrogen fuel cell cars. Just a few years ago, as the state spent tens of millions of dollars on a planned network of fueling stations dubbed “the hydrogen highway,” Nichols was extolling the 300-mile (480-kilometer) range and quick refueling time of her own hydrogen ride, a …

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

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.

(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

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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