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

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050.

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New Carrier Fluid Makes Hydrogen Way Easier to Transport

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Imagine pulling up to a refueling station and filling your vehicle’s tank with liquid hydrogen, as safe and convenient to handle as gasoline or diesel, without the need for high-pressure tanks or cryogenic storage. The company’s approach is to use liquid organic hydrogen carriers (LOHCs) to make it easier to transport and store hydrogen.

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Cohort of new stakeholders joins Open Hydrogen Initiative

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In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

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Solaris joins European Clean Hydrogen Alliance

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Bus manufacturer Solaris has joined the European Clean Hydrogen Alliance , an initiative led by the European Commission. The aim of the Alliance is to scale-up, by 2030, the production and deployment of hydrogen as a fuel produced by means of low-emission technologies and renewable energy sources.

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European Union adopts strategies for energy system integration and hydrogen; Clean Hydrogen Alliance

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The European Union adopted strategies for energy system integration and hydrogen, paving the way “towards a more efficient and interconnected energy sector, driven by the twin goals of a cleaner planet and a stronger economy.”. Hydrogen strategy.

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NREL releases comprehensive vision for deep decarbonization of transportation

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The National Renewable Energy Laboratory (NREL) has released a comprehensive vision for deeply decarbonizing transportation. It is a strategy rooted in cross-cutting research and engineering to enable industry stakeholders, communities, government agencies, and early adopters to meet their climate goals.

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California Energy Commission approves $2.9B investment for zero-emission transportation infrastructure

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billion investment plan that accelerates California’s 2025 electric vehicle (EV) charging and hydrogen refueling goals. The 2022-2023 Investment Plan Update increases funding for the CEC’s Clean Transportation Program by 30 times compared to 2019 with an additional $2.4 90 million for hydrogen refueling infrastructure. $97