SSE and Equinor designing ‘world-leading’ hydrogen storage facility
SSE and Equinor are developing plans for what would be one of the world’s largest hydrogen storage facilities.
SSE and Equinor are developing plans for what would be one of the world’s largest hydrogen storage facilities.
At bp, we are all guided by our ambition to become a net zero company by 2050 or sooner, and there is a real buzz around the role that our hydrogen and CCUS business - which I began leading last year - can play. Whilst relatively nascent in their development, both technologies offer real promise for delivering clean energy provision and decarbonising heavy industry and mobility, among other sectors.
A new industry report has described blue hydrogen as an “essential” part of the UK’s net zero ambitions.
Although key barriers remain, the worldwide potential of hydrogen is vast. Some estimate an investment pipeline of $300 billion, with hydrogen possibly supplying 18% of global energy by 2050. The Gulf States are particularly well placed to capitalise as producers and exporters of clean hydrogen.
Energy professionals identify lack of investment in infrastructure as the joint-highest risk their organizations face in relation to hydrogen – and a significant majority (78%) say repurposing existing infrastructure will be crucial to developing a large-scale hydrogen economy.
India’s richest man, Mukesh Ambani, who has run one of the world’s largest petroleum businesses for over two decades, yesterday announced that his company Reliance Industries, will invest 750 billion rupees ($10 billion) towards clean energy solutions over the next three years.
Aberdeen City Council has launched the hunt for a partner to help it build a “first of its kind” £215million green hydrogen production hub.
An Anglo-Californian partnership has announced plans to roll out as many as 40 waste-to-hydrogen refueling stations in the UK, starting in Scotland.
South Asia, which includes India, Pakistan, Sri Lanka, and Bangladesh, is slowly following the rest of the world in the transition towards cleaner energy systems. The subtle shift opens potentially large market opportunities for energy service suppliers.
Baker Hughes’ new North Sea vice president for oilfield services (OFS) has made decarbonising operations one of her key priorities.
A rebound in the oil price is unlikely to derail future hydrogen investments, industry experts have predicted.
As many as 100 skilled jobs could be created in Scotland as a result of a new strategic hydrogen refuelling partnership.
A new A$2 billion ($1.54 billion) Queensland Renewable Energy and Hydrogen Jobs Fund will be established to expand on the previous A$500 million Renewable Energy Fund in the Australian state.
The Premier of Western Australia, Mark McGowan, told the Australian Petroleum Production & Exploration Association (APPEA) conference on Tuesday that the state’s market share in renewable hydrogen exports in 2030 should be similar to its share of liquefied natural gas (LNG) exports today.
Could a pleasure craft that once belonged to Libya’s former president Muammar Gaddafi become the world’s first hydrogen-fuelled yacht?
Hydrogen is a trending topic in any discussion of the energy transition. Blue hydrogen (from methane) is viewed as a potential transition fuel as we move to a low carbon economy. The OGA strategy which came into force in February requires licensees to ensure that technologies are deployed to enable hydrogen supply projects to be developed. But what would hydrogen be used for and is there a market for it?
The energy sector is awash with the benefits of hydrogen for domestic heating. It’s the most common element in Universe, it burns to water, it can be swapped out for natural gas – it is a wonder fuel.
As a signatory to the Paris Agreement, Canada is committed to reducing GHG emissions, recently announcing an intention to slash emissions by 40-45% below 2005 levels by 2030. These ambitious targets are driving federal and provincial governments to promote hydrogen through a combination of new regulatory schemes and financial incentives that are larger in scale and wider in scope than any that we have seen before.
A new company tasked with realising Sir Ian Wood’s vision of an Energy Transition Zone in the south of Aberdeen has found its CEO.
As the proclaimed Oil Capital of Europe, it seems only right that Aberdeen should be front and centre of decarbonisation efforts too.
A war of words is raging over blue hydrogen.
The global hydrogen technology manufacturing pie is going to be huge, according to Martyn Tulloch, OGTC head of energy system integration.
The number of hydrogen projects in development globally is on course to exceed those currently in operation by the end of the year, according to new figures.
Australia’s Woodside has set new interim and long-term targets to hit net zero greenhouse gas emissions by 2050 at its Pluto liquefied natural gas (LNG) export project.
With any energy transition, there is a need to bring about wholescale change, from the up, to the mid and the downstream.