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IEEFA: Is there scope for faster decarbonisation of Australian steel?

IEEFA: Is there scope for faster decarbonisation of Australian steel?

Globally, more scrap steel recycling looks certain starting this decade

There is increasing investor pressure on steel manufacturers to reduce their carbon emissions in tandem with global commitments under the steel breakthrough agenda at COP26, a commitment to have near-zero steel technology established in every region by 2030, to which Australia is a signatory. Given suitable qualities and quantities of scrap, electric arc furnaces (EAFs) […]

European Union warned sustainability plan risks worsening situation

Bloomberg ($): The European Commission has been told by a key expert group that planned adjustments to its green rulebook risk raising greenhouse gas emissions and undermining the bloc’s reputation as a bastion for environmentally friendly finance. The Platform on Sustainable Finance, which is one of just two groups assigned the role of providing official […]

January 24, 2022 Read More →

Czech Republic pushing EU to scrap deadlines for nuclear investment

Reuters: The Czech Republic is pushing for the European Union to scrap proposed deadlines for investment in nuclear energy, a Czech newspaper reported on Friday, as the EU tries to come up with a plan to transition to fully renewable energy. In a proposal on Dec. 31, the EU Commission allows gas and nuclear investments […]

January 24, 2022 Read More →

First hydrogen tanker to ship test cargo from Australia to Japan

Reuters: A Japanese-Australian venture producing hydrogen from brown coal is set to ship its maiden cargo on the world’s first liquid hydrogen carrier from near Melbourne to Kobe on Friday, in a test delayed by nearly a year because of the COVID-19 pandemic. The Suiso Frontier, built by Japan’s Kawasaki Heavy Industries (KHI) (7012.T), arrived […]

January 21, 2022 Read More →

Repsol-led consortium plans 1 gigawatt of hydrogen in Spain by 2030

ReNews.biz: Repsol is leading a consortium of Spanish companies to install 500MW of renewable hydrogen capacity by 2025 and 1GW by 2030. The Spanish Hydrogen Network (Shyne) project aims to install the renewable hydrogen capacity through projects across 10 autonomous communities. The projects will require a total investment of €3.23bn that will serve to develop […]

January 20, 2022 Read More →
IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

The avalanche of technology, policy and finance moves is now unstoppable

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market. EV sales in China grew 154% year-on-year to 3.3 million in 2021. China now wants new energy vehicles (NEVs), including plug-in hybrids and hydrogen […]

January 19, 2022 Read More →

New Mexico lawmakers to focus on hydrogen industry incentives

Albuquerque Journal: When this year’s legislative session begins tomorrow, the New Mexico Roundhouse will become ground zero for a roaring local and national debate about whether hydrogen can, or should, play a role in today’s efforts to combat climate change. Gov. Michelle Lujan Grisham is promoting a newly drafted Hydrogen Hub Act as “signature” legislation […]

January 19, 2022 Read More →

Shell estimates China to triple electricity generation to meet 2060 goal

Reuters: China may triple electricity generation to supply 60% of the country’s total energy under Beijing’s carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell (RDSa.L) said on Monday. Shell is one of the largest global investors in China’s energy sector, with business covering gas production, petrochemicals and a retail fuel network. […]

January 18, 2022 Read More →

Neoen starts on biggest wind, solar and battery project in Australia

Renew Economy: French renewable energy and storage developer Neoen has begun work on the first 412MW stage of what will likely be the country’s biggest wind, solar and battery storage project. The company announced on Monday that it had commenced “early works” on the Goyder South wind farm, the first stage of a massive project […]

January 18, 2022 Read More →

Adani creates subsidiary for manufacturing, green hydrogen

The Economic Times: Billionaire Gautam Adani’s logistics-to-energy conglomerate has set up a new subsidiary, ANIL to undertake green hydrogen projects, generation of low carbon electricity and manufacture of wind turbines, solar modules and batteries as it looks to become the world’s largest renewable energy company and produce the cheapest hydrogen. Adani NSE 3.15 % had […]

January 10, 2022 Read More →