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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5 Source: IRENA.

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Statkraft to supply renewable power for Fortescue’s Holmaneset 300 MW green hydrogen & green ammonia project

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Fortescue Future Industries (FFI) has secured renewable power for its proposed Holmaneset green energy project , entering into a long-term Power Purchase Agreement (PPA) with Statkraft. FFI undertook a Scoping Study across Norway to identify potential locations for the development of renewable energy and port facilities.

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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

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REG to supply biodiesel/renewable diesel blend to 12 locations in Nor Cal

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Renewable Energy Group (REG) has entered into an agreement with Hunt & Sons, Inc. to supply REG Ultra Clean at 12 locations in Northern California. REG Ultra Clean blends biodiesel and renewable diesel. REG is North America’s largest producer of biodiesel and an industry-leading producer of renewable diesel.

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Shell contracts with ECB Group for more than 2.5 billion liters of renewable diesel and jet

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ECB Group Paraguay and Shell Trading (US) Company signed a multi-year contract that will provide more than 500 million liters (130 million gallons US) of renewable diesel and renewable jet fuel per year to Shell, one of the world’s largest energy companies. The contract is expected to run from 2024.

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Mercedes-Benz takes stake in H2 Green Steel; to begin use of green steel in 2025

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Mercedes-Benz AG is the first car manufacturer to take an equity stake in Swedish start-up H2 Green Steel (H2GS) as a way to introduce CO 2 free steel into series production. Together with its steel suppliers, the company is retooling its supply chain to focus on the prevention and reduction of CO 2 emissions rather than compensation.

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STEAG and thyssenkrupp planning joint green hydrogen project

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The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans In the coming years, thyssenkrupp Steel’s climate strategy will entail a continuously increasing and constant demand for green hydrogen. ©euroluftbild.de/Hans Hans Blossey.

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