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AW-Energy entering green hydrogen market with wave energy device

Green Car Congress

AW-Energy Oy is entering the commercial hydrogen market by introducing a combined WaveRoller and HydrogenHub process for the production of green hydrogen. In AW-Energy’s concept, wave energy complements solar power production to enable large-scale green hydrogen. The machine operates in near-shore areas (approximately 0.3-2

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New liquid hydrogen carrier would transport green H2 from Scotland to Germany

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LH2 Europe will use the abundant renewable electricity in Scotland to produce green hydrogen and market it at a competitive price with diesel. We plan to initially deliver 100 tons per day (t/d) of green hydrogen and ramp up production to 300 t/d within three years, depending on demand.

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LME copper prices hit 7-year high

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On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper prices plunged 27% to a low of US$4,617/t in late March as the global impact of COVID-19 became apparent, but copper stabilized and then began to rise, completing a full recovery to its January starting point by the end of July.

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Germany approves €900M for green hydrogen project H2Global

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The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. Green hydrogen plays a central role in the transformation of our economy. Since the production price of green hydrogen is still relatively high in the current market ramp-up phase, HINT.CO

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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EIA expects significant increases in US wholesale electricity prices this summer

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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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BASF and RWE proposing 2GW offshore wind farm for green electricity and hydrogen for chemical industry

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Markus Krebber (RWE), accompanied by Chairman of the Mining, Chemical and Energy Industries Union (IG BCE) Michael Vassiliadis, presented a project idea that envisions a new 2 GW offshore wind farm in the German North Sea to provide the Ludwigshafen chemical site with green electricity and enable CO 2 -free production of hydrogen.

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