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Could 2022 mark the tipping point for the green hydrogen industry?

Business Green

A 6GW pipeline of green hydrogen projects is being primed in the UK and Europe over the next two years, but experts fear key pieces of the policy puzzle still need putting in place. Could 2022 be the year in which green hydrogen produced using renewable power moves from 'nice idea' towards a mainstream, bankable investment proposition?

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BNEF: Fossil fuel car sales have likely peaked leaving EVs in pole position for recovery race

Business Green

In its latest forecast today, BNEF said fossil fuel car sales likely already peaked in 2017. It also stresses, however, that this 'cross-over' date will vary significantly, potentially coming as early as 2022 for large cars in Europe, but as late as 2030 or after for small cars in India and Japan. million barrels a day by 2040.

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UK unveils plan to ditch Russian oil imports by end of 2022

Business Green

Earlier today, the EU Commission similarly set out detailed plans to reduce its imports of Russian oil and gas by two-thirds before the end of this year by ramping up imports of LNG and accelerating the development of low carbon energy sources such as biomethane, hydrogen, and renewables.

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REPowerEU mobilises €300bn to end Russian gas dependence

Smart Energy International

The package will mobilise up to €300 billion ($315 billion) to ensure investments are directed into three main pillars: Demand-side: Increasing the EU efficiency target for 2030 from 9% to 13%. A platform has been established for the joint purchase of gas, LNG, and hydrogen. — Ursula von der Leyen (@vonderleyen) May 18, 2022.

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EU’s New 2030 Climate Target Signals Accelerated Renewable Deployment

GreenTechMedia

billion ($807 billion) coronavirus recovery package that contains the EU Green Deal, including the condition that 37 percent of the funds will be used to meet green objectives. Fossil fuels could lose out once lawmakers thrash out the details. That means any new support mechanisms are unlikely to be in place before 2022.

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Smart Energy Finances: EIB’s €30 billion equity supercharge for REPowerEU

Smart Energy International

billion) by 2027 in renewables, energy efficiency, grids and storage, EV charging infrastructure, and breakthrough technologies, such as low-carbon hydrogen. The package of new, targeted financing approved by the EIB’s board of directors is expected to mobilise up to €115 billion ($114.6 They will pour into REPowerEU €30 billion ($29.9

Energy 104
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The top 25 most sustainable fleets

GreenBiz

Fleets are often the workhorses that toil behind the scenes: the garbage trucks that pick up your trash before dawn; the long-haul semi-trucks that move goods from the port; the bucket trucks that utilities use to fix power lines and keep your lights on; the delivery vans that drop off your packages and help you stay safe inside your homes.