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Ørsted and partners secure funding for H2RES project; offshore wind power to produce renewable hydrogen for road transport

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Ørsted (formerly DONG Energy), Everfuel Europe A/S, NEL Hydrogen A/S, GreenHydrogen AS, DSV Panalpina A/S, Hydrogen Denmark and Energinet Elsystemansvar A/S have been awarded funding of DKK 34.6 The plant will use electricity from offshore wind turbines to produce renewable hydrogen for buses, trucks and potentially taxis.

Wind 259
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SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

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SK E&S signed a memorandum of understanding (MOU) with SK Plug Hyverse and KOEN regarding cooperation for carbon neutrality and the production of green hydrogen and green ammonia which will be consumed for co-firing at KOEN’s natural gas and coal based thermal power plants, by using electrolyzers to be produced in Korea by SK Plug Hyverse.

Green 284
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EEA: increase in EU GHG emissions, mostly due to transport, hampers progress towards 2030 targets

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Greenhouse gas (GHG) emissions across the European Union rose slightly in 2017, mostly because of the transport sector. Greenhouse gas emission trends, projections and targets in the EU. The energy sector was able to reduce its emissions due to the decreasing share of coal used to produce electricity and heat in the EU.

Emissions 257
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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The fact that German electricity prices are among the highest in Europe, despite relatively low wholesale prices, must serve as a warning signal ,” said IEA Executive Director Maria van der Hoeven as she presented the report, Energy Policies of IEA Countries – Germany 2013 Review. Electricity prices in comparison. Euro cents/kWh.

Germany 239
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Emissions of Air Pollutants down in EU-27

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Energy use by households (the burning of wood, gas, coal etc) is the most important source of PM 2.5 Power plants producing heat and electricity have reduced emissions significantly since 1990 by improving abatement equipment, switching to cleaner fuels and through improved energy efficiency.

Pollution 236
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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. 2010 and 2015 LCOE ranges for solar and wind technologies. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

Cost Of 150
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BNEF: cost of new renewables rises as inflation starts to bite

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The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The cheapest renewable power projects in the first half of 2022 were able to achieve an LCOE of $19/MWh, as in best-in-class onshore wind farms in Brazil, and $21/MWh for tracking PV farms in Chile, and $57/MWh for offshore wind in Denmark.

Cost Of 210