Masdar says Africa’s annual hydrogen exports could hit 40 million tons by 2050, while Israeli researchers have published a new study on the discharge characteristics of oxidized intermediates formed under water photo-oxidation conditions.
In other news, Alstom tested its hydrogen train for long-distance transportation and the IEA released a report suggesting that hydrogen development may require an annual investment of around $60-130 billion through 2030.
UK-based Xlinks plans to build 10.5 GW of wind and solar in Morocco and sell the power in the United Kingdom. London-based investment firm Octopus Energy said it joined forces with the project developer, Xlinks, to help it move forward with construction.
Only by working together can African nations overcome the obstacles to exploiting their abundant renewables resources and producing affordable green hydrogen – for use at home and in a European economy keen to wean itself off Russian gas, an online event has been told.
Climate change ambitions announced by the governments of Egypt and Morocco are symptomatic of a desire for clean power sites with regional policymakers leaning towards auction-set payments for clean power, according to a recent webinar.
While there are still many uncertainties as to the way in which hydrogen trade might evolve and change economic ties and political dynamics between countries, experts agree that green hydrogen can bring winds of change to the global energy arena. According to the International Renewable Energy Agency, significant geoeconomic and geopolitical shifts are just around the corner.
Canada-based Elcora said the transaction will enhance its mining operations and energy storage business.
With green hydrogen needed to produce the ‘e-ammonia’ required for carbon-free vessels, new clean power generation capacity and potential solar power hotspots near international shipping lanes will be crucial.
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