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Could green hydrogen be key to a carbon-free economy?

GreenBiz

Could green hydrogen be key to a carbon-free economy? And what energy product will be used both to power this city and sell to the world? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules.

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Drax Cancels Plan to Build Europe’s Largest Natural Gas Power Plant

GreenTechMedia

gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. ’s largest power plant. GW of power output to biomass, with a remaining 1.3 MW of capacity.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

As I indicated in the previous article , BP has turned over publication of the annual Statistical Review of World Energy to the Energy Institute (EI). Overview The newest Review shows the world remains heavily reliant on fossil fuels for energy needs, even as renewables like solar and wind continue rapid growth.

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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

As of October 1, 2023, the EU’s CBAM has entered into its transitional phase The Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking strategy devised by the European Union (EU). It’s designed to equalize the price of carbon between domestic products and imports, thereby ensuring fair competition in terms of carbon costs.

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Technology Trending: Friendly IoT platform, MD microgrid, solar harvesting for sensors, new solar cell records

Smart Energy International

Friendly Technologies IoT platform for smart meter management, a Maryland microgrid for powering an electric bus fleet, solar harvesting to power IoT sensors and new Perovskite solar cell advances are on the week’s technology radar. The ‘Friendly’ platform for smart meters and IoT devices.

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New Plans Reveal How China’s Grid Is Prepping for Net-Zero Carbon

GreenTechMedia

General Assembly that the country is aiming to be carbon-neutral by 2060. In December he set a 2030 wind and solar capacity goal of 1,200 gigawatts, up from around 450 GW today. It will likely include more details on the first stages of this path to net-zero carbon. Building a grid and power market fit for net-zero carbon.

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ExxonMobil Urges EU to Remove ‘Policy Hurdles’ Slowing Oil Industry’s Hydrogen Plans

DeSmogBlog

and other fossil fuel companies are urging the European Union to relax targets to boost climate-friendly “green” hydrogen, hoping to win greater support for projects to manufacture the fuel using natural gas. Spanish and Portuguese energy companies are beginning to shift into green hydrogen production. ExxonMobil Corp.