Private sector fossil fuel spending on exploration is drying up just as modest rises in clean energy investments are being observed. With stock market investors increasingly embracing renewables, the IEA has observed positive signals in its latest energy investment report, but warned we are still doing far too little to keep global heating at bay.
Details are thin on the ground as yet, but Emirati newspaper The National has reported the port facility will be linked to an 800 MW solar field at the site.
The project is the first solar-powered green hydrogen facility in the Middle East and North Africa (MENA) region.
It’s claimed the decentralised desalination system can deliver a levelised cost for desalinated water of US$0.7-4.3/m3, depending on PV costs and electricity prices. It was built with several concentrated photovoltaic/thermal (CPV-T) collectors, a hot water tank, a V-MEMD module, a seawater feed tank, and a distillate tank.
Jordanian government officials have met with a delegation from Fortescue Metals Group to discuss investment opportunities in green hydrogen and ammonia, although details of the meeting remain scant.
When coupled to gigawatt-scale solar and wind generation, green hydrogen could be the clean fuel to unlock hard-to-electrify sectors of the economy. But first it must be transported cost-effectively to where it’s needed.
A global research group has developed a perovskite PV cell with titanium dioxide nanotubes doped with cesium. It purportedly offers better short-circuit current and power conversion efficiency than cells without cesium nanoparticles. They say it has optimal thermal stability under temperatures up to 800 C.
Large swaths of low-cost land: check. Lots of sun and wind: check. The ability to transport green hydrogen cost-effectively to energy importing economies: check. Then you’re in the race to become one of the “renewable energy superpowers” of the low-carbon economy. A growing number of countries are assessing their renewable resources and natural attributes and positioning themselves to become green hydrogen exporters. However, not all are created equal.
The Sumitomo Corporation has simultaneously signed a contract with an EPC for a solar-powered green hydrogen production plant in Gladstone, Queensland, while also commencing a feasibility study for a grey-green hybrid hydrogen project in Oman. Considering the relative similarities in distance between the two countries and export markets in East Asia, the Japanese conglomerate looks to be setting the stage for competition in the hydrogen economy.
The latest edition of the World Nuclear Industry Status Report indicates the stagnation of the sector continues. Just 2.4 GW of new nuclear generation capacity came online last year, compared to 98 GW of solar. The world’s operational nuclear power capacity had declined by 2.1%, to 362 GW, at the end of June.
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