UK researchers suggested utilizing heat pumps to preheat hydrogen to very high temperatures, which they said could reduce the need for hydrogen by more than 20%. The process is also claimed to have the potential to reduce the European industry’s energy demand by approximately 200 TWh per year.
The State-owned oil and gas major is assessing green hydrogen production based on solar electrolysis, biomass gasification, and bio-methanation.
The German authorities have announced plans to double domestic electrolysis capacity to 10 GW by 2030, BloombergNEF has reported that green hydrogen became competitive with gray hydrogen earlier than expected, and Chinese researchers have presented new research on microbial hydrogen production.
Various industry interests are at play behind clean energy drive
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) will extend INR 3,100 crore (($378 million) each to support Hero Future Energies’ upcoming renewable energy projects.
Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
Researchers in Spain have studied the impact of hydrogen production and storage technologies in risk management for energy communities with internal price-tariff systems. They found that the optimal involvement in futures markets and spot markets will depend on a community’s risk aversion and self-sufficiency.
REC has also agreed to lend INR 21,000 crore for Acme’s 380 MW round-the-clock renewables plant, the first phase of Odisha and Tamil Nadu green ammonia projects, and 600 MWh of pumped hydro project.
Hindustan Petroleum Corp. Ltd (HPCL) is setting up a 370 tpa (tonnes per annum) green hydrogen plant at its Visakhapatnam Refinery in Andhra Pradesh.
The intercity luxury coach, engineered by BharatBenz, runs on Reliance Industries’ hydrogen fuel cell technology.
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