(PN) Brazil's energy matrix offers technological opportunities that can place the country at the forefront of decarbonization in a wide range of demand segments. The analysis is by energy research firm Rystad Energy. According to the consultancy, the country has a head start in the transition to low-carbon energy compared to many other large countries... Continue Reading →
Acciona, Nordex team up for green hydrogen projects in US, Latin America, Africa
(Reuters) - Spanish engineering firm Acciona (ANA.MC) and Germany's Nordex (NDXG.DE) said on Friday they teamed up to develop green hydrogen projects within the next 10 years in the United States, Latin America and Africa. The 50-50 joint venture aims to reach the ready-to-build stage for its first projects by 2027 and expects to reach a production capacity of... Continue Reading →
US energy officials release strategy to boost offshore wind
(AP) The U.S. Energy Department said Wednesday it has a new strategy to meet the goal of vastly expanding offshore wind energy to address climate change. The Biden administration wants to build 30 gigawatts of offshore wind energy by 2030 — enough to power more than 10 million homes. The turbines would be anchored to the seafloor.... Continue Reading →
Portugal to launch Europe’s first auction for piped hydrogen
(Reuters) - Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market. Under the terms of the auction, energy group Galp Energia will contract to buy hydrogen... Continue Reading →
Colombia’s Ecopetrol must grow oil, gas output to fund transition, chairman says
(Reuters) - Colombia's Ecopetrol must focus on growing its oil and gas production to fund the transition towards renewables, said Saul Kattan, the chairman of the majority state-run energy company. Colombia could be a world leader in production of renewables like wind and green hydrogen, Kattan told Reuters late on Wednesday, but the company, the... Continue Reading →
What are key areas the U.S. needs to jump-start on the road to net-zero by 2050? Wood Mac
(OEM) While energy and climate crises take their toll on countries worldwide, occasionally pulling them in different directions, the energy transition takes root, steadily gaining ground in pursuit of the low-carbon and green shift. As it is estimated that investments amounting to a whopping $10 trillion are needed for the U.S. to reach its net-zero by... Continue Reading →
Lhyfe, Centrica unveil joint offshore wind-to-hydrogen plan in UK
French green hydrogen production specialist, Lhyfe, and Centrica, the UK-headquartered multinational energy company, have signed an agreement to jointly develop offshore renewable hydrogen in the UK, starting with a pilot project in the Southern North Sea. Beyond the pilot, Lhyfe and Centrica will also examine an additional partnership to deploy the technology at commercial scale... Continue Reading →
The Netherlands chooses site for world’s largest offshore wind-to-hydrogen project
(OEM) The Dutch government has designated an area for what will become the world’s largest offshore hydrogen production project. That area is Ten noorden van de Waddeneilanden (the North of the Wadden Islands), identified earlier for offshore wind development and deemed most suitable for providing 500 MW of electrolysis capacity and for the transport of hydrogen to land.... Continue Reading →
Marubeni-funded green hydrogen injection demonstration project kicks off in Portugal
Japan’s Marubeni Corporation has launched the first green hydrogen injection demonstration project in the natural gas distribution network of Portugal through its investment in Floene Energias, a gas distribution system operator in Portugal with over 70% of the country’s market share. According to Marubeni, in this demonstration project, Floene is transporting green hydrogen through its... Continue Reading →
DNV Study Highlights Importance and Potential of Offshore Hydrogen Production in Europe
Offshore hydrogen production is paramount to meet the substantial increase expected in European hydrogen demand, as hydrogen is due to play a significant role as a low-carbon energy carrier – not only to decarbonize hard-to-abate sectors, but also to boost security of energy supply in Europe, a study has shown. The "Specification of a European... Continue Reading →