Proposed US tariffs will increase prices on already pressurised renewables and create bottlenecks for low-carbon development, a leading industry advisor has warned.
There hasn’t been a great deal of Christmas cheer surrounding hydrogen, nor for that matter, most of 2024. Regulatory, cost and offtake pressures have combined to give the impression that it’s been a lost year.
Two-thirds of manufacturers are adopting a ‘power of two’ approach – ensuring spending is sourced from two separate regions – as they navigate global supply chain disruptions, according to a World Economic Forum report.
Blastr Green Steel (Blastr) has signed a Memorandum of Understanding with INTERFER Edelstahl Group, a leading European steel trading company, for the annual supply of 150,000 tonnes of ultra-low CO₂ steel products.
Norsk Hydro (Hydro) is to drop investment in green hydrogen and batteries after citing challenging market conditions.
Rio Tinto has entered into definitive agreements with GravitHy to accelerate a steel decarbonisation project in France.
Tata Steel Netherlands and Ecolog, together with Gen2 Energy and Port of Amsterdam, are exploring the import of liquid hydrogen and export of liquid carbon dioxide (CO2).
Advanced Thermovoltaic Systems has received $1m funding from The Earthshot Prize to scale its technology which captures industrial waste heat and converts it into electricity.
The US oil and gas industry stands to benefit from increased investment after the Republican party’s US election victory, according to GlobalData forecasts.
Masdar and EMSTEEL have demonstrated the use of green hydrogen to produce green steel in a pilot project, the first of its kind in the MENA region.
