The package will introduce tax incentives worth A$7 billion for the processing and refining of 31 critical minerals and A$6.7 billion for renewable hydrogen production from the fiscal year ending June 2028 to the 2039-40 fiscal year.

The study will be developed as one of the deliverables under the Joint Declaration of Intent (JDoI) of the UK-Germany Hydrogen Partnership, signed on September 26, 2023, between the UK Department for Energy Security and Net Zero (DESNZ) and the German Federal Ministry for Economic Affairs and Climate Action (BMWK).

Decarbonization is synonymous with the energy transition.

A Dozen States Have Applied for Home Energy Rebates Funding from President Biden’s Investing in America Agenda, Helping Households Across the Nation Receive up to $14,000 for Energy Efficient Home Upgrades, Slashing Home Energy Bills and Building Up a Local Clean Energy Workforce

The projects announced today are addressing critical needs across the clean energy economy, including grid components (e.g., transformers), electric vehicle components and chargers, solar components, clean steel, critical materials processing and recycling, and other clean energy products.

As solar and storage costs continue to decrease, at what point will having stand-alone power for customers of all types be a reality? What about microgrids that can use fuel cells and emerging green or even blue hydrogen technologies.

Projects selected for tax credits under the Qualifying Advanced Energy Project Tax Credit (48C), funded by President Biden’s Inflation Reduction Act, span across large, medium, and small businesses and state and local governments, all of which must meet prevailing wage and apprenticeship requirements to receive a 30% investment tax credit.

The U.S. Department of Energy (DOE) today announced up to $6 billion for 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness.

The hydrogen market is now transitioning from a speculative investment area to a sector with tangible commercial applications and real-world implementations.

«Сегодня российский ТЭК играет ключевую роль в мировой энергетике. Россия занимает 2-ое место в мире по добыче нефти и газа, 4-ое — по производству СПГ, 5-ое — по добыче угля. От реализации энергоресурсов на экспорт зависит очень многое: это даёт нашей экономике дополнительную гибкость и позволяет нам конкурировать на мировом энергетическом рынке»,

The reality is that large-scale wind and solar power cannot exist without large-scale, long-term low-cost energy storage. There is no technology that can provide this.

The Ministry of Industry and Trade (MoIT) held a conference in Hanoi on February 22 to deploy Vietnam's hydrogen energy development strategy to 2030 with a vision until 2050.

Europe risks losing out to China and the US in the race to supply the technologies needed to roll out renewables and slash industrial emissions.

The year 2024 is projected to be a potential turning point for the power industry, as it could witness a significant shift towards renewable energy.

In 2024, Energy consumers have more questions about the state of the Energy Industry's current initiatives than answers. Some areas to focus on include decarbonization, technology implementation, energy storage, and emergency responses.