Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. But they have been stuck in limbo for the last couple years, waiting for official guidance from the U.S. Treasury on lucrative tax credits. The wait ended today, with the Treasury announcing final rules for hydrogen […]
For all its promise as a climate friendly fuel, hydrogen hasn’t had much luck. It lost the battle over personal transportation to battery electric vehicles, and for industrial users, it remains far more expensive than natural gas. That’s in part because natural gas can flow through sprawling networks of pipelines. Hydrogen doesn’t, which means buyers
Ecolectro stuffs hydrogen production into shipping containers to cut costs Read More »
Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move that could have a chilling effect on the nascent hydrogen industry. The decision, along with the sale of the company’s U.S. on-shore wind power operations, will save BP $200 million annually and help boost
Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry Read More »
Hydrogen might be touted as a fuel of the future that stands ready to decarbonize shipping and industry, but for the 90 million metric tons used today in everything from fertilizer production and chemical manufacturing, 96% is derived directly from natural gas, oil, or coal. For instance, one of the most common ways is through
Hgen draws on lessons from Tesla and SpaceX to drive down the cost of hydrogen Read More »
