Report Predicts 64% Decline In Production Costs Of Green Hydrogen
THE COSTS TO PRODUCE GREEN HYDROGEN WILL FALL BY 64% BY 2040, ACCORDING TO A NEW STUDY RELEASED BY RESEARCH FIRM WOOD MACKENZIE. The high costs to produce low carbon hydrogen are the most significant barrier to its mass adoption for
China Approves $10bn Plan To Build Four Nuclear Reactors
CHINA HAS APPROVED THE CONSTRUCTION OF FOUR NUCLEAR REACTORS, TWO IN COASTAL ZHEJIANG PROVINCE AND TWO ON THE SOUTHEASTERN ISLAND OF HAINAN, AT AN ESTIMATED COST OF $10.2BN. The State Council, China’s cabinet, cleared the way at the end of last
Power Companies Hindering Move To Green Energy
NEW RESEARCH SUGGESTS THAT POWER COMPANIES ARE FALLING BEHIND WHEN IT COMES TO EMBRACING GREEN ENERGY SOURCES SUCH AS WIND AND SOLAR. The study found that only one in 10 energy suppliers globally has prioritised renewables over fossil fuels. Even those that
Nuclear Industry Costs Could Be Slashed By 30% By 2030
THE UK’S NUCLEAR INDUSTRY SAYS THE COSTS OF BUILDING NEW POWER PLANTS COULD BE SLASHED BY AS MUCH AS 30% BY 2030 A cross-industry team working as part of the government-backed Nuclear Sector Deal has set out the key factors it
Global Energy Storage Market To Grow By 5GW In 2020
THE GLOBAL GRID-CONNECTED ENERGY STORAGE MARKET IS EXPECTED TO GROW BY MORE THAN 5GW IN 2020 DESPITE THE DISRUPTION CAUSED BY THE GLOBAL COVID-19 PANDEMIC, ACCORDING TO IHS MARKIT. The report also predicts the market will top 15 gigawatts in 2025.
UAE’s First Nuclear Power Station Connects To The National Grid
THE GULF COUNTRY OF NEARLY 10 MILLION IS THE NEWEST MEMBER OF A GROUP OF NOW 31 COUNTRIES RUNNING NUCLEAR POWER OPERATIONS. Unit 1 of the UAE’s Barakah plant, the Arab world’s first nuclear power plant, has connected to the national
Hydrogen Deployment Could Boost UK Economy And Deliver 75,000 Jobs
THE HYDROGEN TASKFORCE HAS PUBLISHED A NEW ECONOMIC IMPACT ASSESSMENT THAT SUGGESTS HYDROGEN DEPLOYMENT COULD GENERATE £18BN FOR THE UK ECONOMY BY 2035, DRIVING FORWARD THE COUNTRY’S GREEN RECOVERY. The taskforce has called for amendments to be made that would enable
Renewables Generate Tenth Of World’s Energy As Coal Sees Biggest Fall Since 1990
LAST MONTH WE REPORTED THAT RENEWABLE ENERGY WAS THE EU’S BIGGEST SOURCE OF ELECTRICITY, NOW A NEW REPORT HAS FOUND THAT WIND AND SOLAR ENERGY PRODUCED 10 PER CENT OF THE WORLD’S ELECTRICITY IN THE FIRST HALF OF THIS YEAR. The
Groundbreaking Hydrogen Project Given Green Light
AN INVESTMENT OF €30M FROM THE GERMAN GOVERNMENT WILL ENABLE WORK TO BEGIN ON THE 30MW PILOT PHASE OF THE AMBITIOUS 700MW WESTKÜSTE 100 GREEN HYDROGEN PROJECT. The partners of the Westküste 100 project have received funding confirmation from the German
EAC Chair Calls For UK Hydrogen Strategy
THE CHAIRMAN OF THE ENVIRONMENTAL AUDIT COMMITTEE (EAC), PHILIP DUNNE, HAS WARNED THAT THE POTENTIAL FOR HYDROGEN TO PLAY A KEY ROLE IN THE UK’S NET ZERO TRANSITION COULD BE SQUANDERED BY THE LACK OF ANY CLEAR HYDROGEN STRATEGY FROM