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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4 million to over $3,001.1 In 2022, more than 111.9

Hydrogen 473
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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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Decarbonizing current and developing new end-uses, it can abate up to 85 GtCO 2 eq in cumulative emissions by 2050, more than twice global CO 2 emissions in 2021. This research shows that clean hydrogen can deliver up to 85 gigatons in reductions to cumulative CO 2 emissions by 2050, more than twice global CO 2 emissions in 2021.

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Renewables could meet almost half of global electricity demand by 2030 – IEA

Baua Electric

[link] With solar leading the way, renewables could meet almost half of global electricity demand by the end of this decade, says a new IEA report. Meanwhile, India is seeing the fastest growth among major economies. By 2030, we expect renewables to be meeting half of global electricity demand,” Birol said.

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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

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With factors such as the Russian-Ukraine war, increases in energy demand and global energy transition-related policies fueling the energy crisis at global scale, the AEC strongly believes African gas has a huge role to play in liberating global economies and the global energy market.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. —Luiza Demôro, project manager for BloombergNEF.

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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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in addition to Opus 12, they are: WILDCOAST (Imperial Beach, California) is working to secure a resilient coastline to help protect communities, economies and ecosystems from climate change impacts in the Gulf of California. Solar Sister (Great Falls, Virginia) invests in women’s enterprises in off-grid communities in Africa.

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Energy ministers agree to help speed up global deployment of carbon capture and storage

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Energy Ministers from around the world have agreed to proposals to help speed up the global deployment of carbon capture and storage. The World Resources Institute released a report titled CCS Demonstrations in Developing Countries: Priorities for a Financing Mechanism for Carbon Dioxide Capture and Storage.