Shares in hydrogen firm ITM Power dip on latest profit warning
Shares in London-listed ITM Power (LON: ITM) fell on Monday after the green hydrogen firm issued its third profit warning in eight months.
hydrogen
Low-carbon investments to rise by $60bn in 2023 as hydrogen and CCUS spending surges
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments, but helped by a significant rise in funding for hydrogen and carbon capture, utilisation and storage (CCUS) infrastructure, Rystad Energy research shows.
Scottish Government mulls upping offshore wind ambitions
Scottish ministers are considering whether to increase the country’s current offshore wind rollout targets.
Glass Onion: Does the Netflix movie get it right on hydrogen?
We do some detecting of our own...
Turning up the dial on the energy transition
We are heading into another challenging 12 months for the energy sector. The impact of the coronavirus pandemic, shrinking economies, severe weather events and geopolitical shocks, namely Russian’s invasion and occupation of Ukraine, are being felt keenly.
Air Liquide wins Woodside hydrogen deal
Woodside Energy has awarded a major contract to Air Liquide Engineering and Construction (Air Liquide) for the liquefaction equipment at its proposed H2OK hydrogen project in Ardmore, Oklahoma, US.
Hydrogen not a ‘panacea’ for reaching net zero, say MPs
Hydrogen is not the "panacea" for reaching net zero emissions by 2050, MPs have said.
Hydrogen projects in Australia are struggling to lure investors
Australia has only one committed hydrogen project out of a vast pipeline of proposals worth A$266 billion ($178 billion), showing the challenge in becoming a major exporter of the zero-carbon but still unproven fuel.
Hydrogen as a fuel – decarbonising the UK’s energy sector
Unlike hydrocarbons, which produce carbon dioxide, heat and water when combusted in the presence of oxygen, hydrogen produces only heat and water. As we seek to decarbonise the UK’s energy sector one of the paths that is being explored is the use of hydrogen within a grid connected gas fired power plant in the UK.
Thai upstream player PTTEP to spend $29bn over five years
Thailand’s state-backed upstream company PTT Exploration Production (PTTEP) announced it will spend $29 billion between 2023 and 2027 as it aims to boost oil and gas production, as well as diversify into new businesses to cut emissions.
Indonesia seeks investors for giant geothermal energy resources
Indonesia, home to the world’s largest geothermal energy potential, is opening tenders seeking investors to develop this giant resource, as it aims to expand the use of renewable energy to meet its net zero goals.
China, Saudi sign deals as Xi gets warm welcome in Riyadh
China and Saudi Arabia signed a number of agreements, including on energy and investments, after their leaders met in Riyadh on Thursday at a summit that showcased deep and growing ties beyond oil.
EIC report finds global hydrogen damand falling behind production
An Energy Industries Council (EIC) report has found that the global demand for hydrogen is expected to fall behind production levels by the end of the decade.
How hydrogen can decarbonise the gas network
In the search for net zero, decarbonisation of the gas network will play a central role.
Scottish hydrogen MoU ‘extremely bad news’ for domestic supply chain
A new pact on hydrogen between Scotland and Germany has been branded “extremely bad news” for the domestic supply chain.
Westwood Global appoints new hydrogen boss from WoodMac
Energy research and consultancy firm Westwood Global Energy Group has appointed a new director of hydrogen.
Woodside and Mitsui join New Zealand green hydrogen export project
New Zealand’s renewable energy company Meridian has selected Australia’s Woodside Energy (ASX:WDS) as its partner to develop a large-scale hydrogen and ammonia facility at Southland in New Zealand.
Aberdeen’s Apollo win hydrogen study with Wales and West Utilities
Aberdeen-based, Apollo, has been awarded a contract to provide feasibility engineering to a proposed hydrogen pipeline from Pembroke to the Swansea Bay area.
Exclusive: three in four Scottish energy firms now involved in renewables, survey finds
An overwhelming majority of energy firms in Scotland are now involved in low carbon and renewables, according to a new survey.
Inpex gives investment nod for Japan’s first clean hydrogen and ammonia CCUS project
Inpex has taken a final investment decision for Japan’s first demonstration project that will produce clean hydrogen and ammonia in association with carbon capture utilisation and storage (CCUS).
9/11 survivor tells Aberdeen conference about her move to sustainability
Lolita Jackson, a 9/11 survivor and sustainability investor, has told an energy event in Aberdeen about her career journey into green energy in the wake of the tragedy.
Pertamina and Aramco team up for hydrogen and ammonia in Indonesia
Aramco and Indonesia’s Pertamina have announced they are exploring collaboration across the hydrogen and ammonia value chain in Southeast Asia's largest economy.
Dick Winchester: Time to temper the ‘world leader’ claims
What brought that on? My anger with one of the latest “Scotland is now” claims. Issued by Scottish Development International as a Tweet it claims, and I quote: “From wind to wave and hydrogen to solar, Scotland is a global leader in renewable energy”. The associated video itself then goes on to claim that “Scotland’s a leader in hydrogen and fuel cell technologies”.
Abandoned North Sea oil wells could become production base for ‘gold hydrogen’
With the number of depleted oil and gas wells steadily on the up, a revolutionary initiative is aiming to put them to good use.
Woodside and Japan’s JBIC to work on energy supply chains
Woodside Energy and the Japan Bank for International Cooperation (JBIC) have signed a memorandum of understanding (MOU) aimed at securing a stable supply of energy for Japan and to assist in achieving its decarbonisation goals.