Hydrogen Intelligence - H2lligence

We would like to congratulate our Founder & CEO Mr. Osama Fawzy Georgy HENEIN, MBA for being appointed as the Member of the Advisory Board of Mediterranean Hydrogen Alliance

Hydrogen Europe published the Clean Hydrogen Production Pathways Report July 2024 BNEF’s New Energy Outlook estimates 34 Mt and 54 Mt of clean hydrogen by 2040 and 2050 respectively to achieve Net Zero in Europe by 2050. • Achieving those volumes requires a massive scale up from around 0.05 Mt of clean hydrogen production capacity via water electrolysys in operation currently (June 2024). • While water electrolysis has a significant cost reduction potential and offer important benefits from a wider energy system perspective including the possibility for coupling of the gas and electricity sectors-thus supporting an increased penetration of #renewableenergy in the energy system, other technologies besides water electrolysis can also produce clean hydrogen and contribute to achieving #NetZero by 2050 in Europe. This is especially crucial for regions were supply of renewable energy is either scarce or expensive. • These include reforming with #carboncapture, methane splitting, biowaste-to-hydrogen, and non-biological waste-to-hydrogen. • Each clean hydrogen production pathways has its unique benefits and challenges related to scale, feedstock, GHG intensity, costs, infrastructure requirements, and regulatory treatment. Osama Fawzy Georgy HENEIN, MBA

One of Europe’s largest green hydrogen industrial clusters to be built in Sweden Green hydrogen producer Lhyfe, onshore wind developer OX2, and innovative green fertilizer firm Velarion Group are joining forces to create one of Europe’s largest green hydrogen-based industrial clusters. The proposed cluster, tapping on wind power to produce green hydrogen and then using it to make carbon-neutral fertilizer, would be located in #Sweden’s #Ånge municipality. OX2 Åland is developing a #windfarm with a planned annual production capacity of 1.4 TWh. The #greenelectricity would power a 300 MW electrolyzer that Lhyfe plans to build, with a capacity of up to 100 tons of green hydrogen per day. Velarion Group, a key partner in the initiative, would build one of the world’s first carbon-neutral fertilizer plants within this cluster. According to the project, the state-of-the-art facility would utilize green hydrogen to produce green ammonia, significantly reducing carbon emissions in fertilizer production. The cluster would use green hydrogen to produce carbon-neutral ammonia “We are excited about the potential of this project, which will utilize electricity from wind farm Marktjärn to power a green industrial cluster, enabling sustainable local industry and enhancing the attractiveness for further industrial establishments in Ånge,” said Anders Nilsson, head of onshore wind at OX2. The project is now entering the conceptual phase, while its implementation will be subject to the conclusions of a feasibility study, permitting, and financial investment decisions, according to a joint press release from Lhyfe and OX2. Lhyfe built the world’s first large-scale wind-powered green hydrogen plant Lhyfe, a company from Nantes, France, is a European producer and supplier of green and renewable hydrogen. In 2021, it inaugurated the world’s first industrial-scale green hydrogen production plant interconnected with a wind farm. OX2, headquartered in #Stockholm, develops, constructs, and manages large-scale renewable energy projects, including wind, solar, and energy storage. It operates in 11 European markets as well as Australia. Velarion Group focuses on producing #greenurea and #greenammonia, crucial for achieving a carbon-neutral future. It creates eco-friendly alternatives to traditional fertilizers, reducing agriculture’s carbon footprint, according to the press release. Osama Fawzy Georgy HENEIN, MBA

Global Energy Monitor published in August 2024 the Leading 3 Manufacturers of Gas turbines GE Vernova Siemens Energy Mitsubishi Power Leading three manufacturers providing two-thirds of turbines for gas-fired power plants under construction Through joint ventures and corporate partnerships in key global regions, leading gas turbine manufacturers are seeking opportunities to become linchpins of the energy transition. They have strategically marketed themselves as crucial to the transition by providing flexible, hydrogen-ready turbines. According to data researched by Global Energy Monitor, the top 3 leading gas turbine manufacturers GE Vernova, Siemens Energy, and Mitsubishi Power Europe dominate the global gas turbine market for gas-fired power plants under construction, with two-thirds of the market. GE Vernova leads the global market with almost 55 gigawatts (GW) of turbines under construction Gas turbine manufacturers are facing risks by betting on the future of #greenhydrogen in the #energytransition, as questions persist about the technology’s suitability for #decarbonization. A lack of hydrogen supply, pipeline infrastructure and storage capacity are significant and costly barriers to overcome, according to a report from Global Energy Monitor. Even using green hydrogen provides little emissions benefit until it’s blended at high levels, the climate research group said. Osama Fawzy Georgy HENEIN, MBA

Benchmark Mineral Intelligence published the Benchmark Lithium Price Assessment Methodology Osama Fawzy Georgy HENEIN, MBA

Global Energy Monitor published a report on Brazil Green Steel August 2024 Key points High-quality iron ore reserves, abundant renewable electricity, and a skilled workforce make Brazil a prime candidate to lead Latin America’s green steel transition. Brazil’s well-developed and rapidly growing renewable energy sector will be instrumental in the large-scale green hydrogen production required to ramp up steelmaking via the low-emissions hydrogen-direct reduced iron (DRI) route. Brazil ranks among the world’s top ten nations in operating hydropower, bioenergy, and utility-scale wind and solar capacity, as well as within the top three for prospective utility-scale solar and wind capacity. Despite efforts to partially decarbonize the Brazilian steel industry through the use of biochar in blast furnaces (BFs) and scrap in electric arc furnaces (EAFs), two-thirds of Brazil’s operating steel capacity continues to rely on emissions-intensive, coal-based blast furnace-basic oxygen furnace (BF-BOF) technology.  Lower-emissions EAF and DRI technology are less prevalent in Brazil than in most other large steelmaking countries. EAFs account for less than one-quarter of Brazil’s steelmaking capacity, and DRI capacity is limited to a single plant not currently operating. More than half of the coal-based BFs at Brazil’s largest steel plants are relatively new or recently relined and are thus capable of operating well into the 2030s without significant interventions to switch technologies. Advance company planning, government policy, financial incentives, and international cooperation will be crucial in supporting green alternatives. Brazil is well-positioned to become a global green iron and steel leader, thanks to its established industrial infrastructure, high quality iron ore reserves, a skilled workforce with steelmaking expertise, and unparalleled renewable energy resources. Moreover, a July 2024 report from Global Efficiency Intelligence estimates that Brazil has the capacity to produce green steel at a lower price than other leading steelmaking nations. The key to seeing this possibility become a reality is strategic policy setting and sectoral alignment with the country’s net zero targets. Hosting COP30 in 2025 could be the tipping point that propels Brazil into a future as the leader on green steel. Brazil’s steel industry currently relies heavily on emissions-intensive blast-furnace-basic oxygen furnace technology, with 76% of operating steel capacity using BF-BOF and just 24% using the lower-emissions electric arc furnace alternative. The World Economic Forum estimates that emissions from Brazil’s steel industry could rise nearly a third by 2050 without proactive moves to boost demand and supply of green iron and steel. However, the country could take advantage of its many strengths to embark on a low-emissions overhaul.  Osama Fawzy Georgy HENEIN, MBA

Solarbe Global has published the top PV Module suppliers by shipments in H1 2024 JinkoSolar Co., Trinasolar, JA Solar and LONGi Solar, have achieved a total shipment of over 140GW in the first half of 2024, 52% of the market share, while the total volume for top 10 is above 225GW, taking 82% of the market, which is lower than that of the first quarter, according to the latest data provided by Solarbe Global Meanwhile, the annual shipment target of Top 10 manufacturers has exceeded the total market demand, leaving less space for later companies, reflecting in their less shipment in the second quarter. JinkoSolar U.S. once again secured the ‘top seller’ title by virtue of its strong brand advantage, with 44-46GW of modules shipped in H1. Meanwhile, the competition is getting more fierce between Trinasolar and JA Solar with evenly matched shipment during the period, whilst JA Solar is more favored for prices and Trina Solar takes more initiative relying on their own channels, said some distributors. Tongwei Solar and Astronergy Solar recently participated in the bidding with higher enthusiasm. Both companies have proposed a full-year shipment target of more than 50GW, a significant increase from 2023, and overseas markets should be included if they aim to achieve the targets. Canadian Solar Inc. and GCL System Integration are among the few module companies that still achieve profit in H1 due to their outstanding capabilities in selecting orders and cost control. DAS SOLAR revealed a stronger spirit and positive attitude in bidding, further enhanced their links with central and state-owned enterprises. Risen Energy, one of the few manufacturers in the market that can supply both #TOPCon and #heterojunction modules in bulk at the same time, also set a firm foothold among the top 10 suppliers. Behind the ranking The share of rectangular cell modules has increased, with 2382*1134mm becoming the recognized standard size. In terms of parameters, many bidding companies increase the power requirements to 600W+, and do not limit the module length and cell size, making the 182*182mm square cell and 2278*1134mm module outdated, and 2382*1134mm will prevail on more power stations. Overseas markets have become the biggest share of profits, and companies have strong demand for going abroad. In this survey, at least 10 companies have reached or exceeded 50% of their overseas market sales (in terms of shipments), of which six are in the top 10 list. The annual DC side installed capacity is expected to be 450GW-510GW, an increase of about 15% over 2023, reaching a new high. The increase is more prominent in overseas markets. Osama Fawzy Georgy HENEIN, MBA

NEW TRACKER | The Global Energy Monitor tracker Ownership dataset provides unprecedented transparency into the ownership landscape of key energy projects worldwide. 🔍 This new dataset covers ownership details for a range of energy project types, including global coal plant, coal mine, oil & gas plant, bioenergy power, and steel plant projects. With over 12,000 entities and ownership connections meticulously tracked, it offers comprehensive insights into who's behind these critical infrastructure developments. 🔗 Explore the detailed ownership links, including percentages of ownership and links to open data sources, to gain a deeper understanding of the global energy landscape. Transparency is key to fostering informed decisions and driving sustainable energy transitions. https://lnkd.in/d6cXEnbd Osama Fawzy Georgy HENEIN, MBA

Global CCS Institute released this month a publication titled the State of the Art: CCS Technologies 2024 Global CCS Institute flagship CCS Technology Compendium titled “State of the Art: CCS Technologies 2024”.  Released annually, the Compendium showcases the latest carbon capture and storage technologies that are available on the market. Featured in the 2024 edition are over 120 state of the art CCS offerings.   Developed by the Institute’s Carbon Capture Technologies Lead, Hugh B. and Shahrzad Shahi, alongside over 60 technology providers, the Compendium provides readers with:  Insights into the latest CCS advancements and solutions  Details on performance and applications of new CCS technologies  A snapshot of the range of industries where available technologies are being applied  Serving as a platform to discover innovations across the full CCS value chain, the Compendium further supports interested CCS project developers in transforming their CCS ambitions into action, inching us closer to climate neutrality.   Osama Fawzy Georgy HENEIN, MBA

The Status of CCUS in France: Present & Future Opportunities by Global CCS Institute and GE Vernova July 2024 With CCUS ambitions growing in #France, read the Institute’s publication on the topic, titled “The Status of CCUS in France: Present & Future Opportunities”.  In an effort to tackle industrial emissions and enhance its climate objectives, France has published a national CCUS strategy outlining key targets and proposed frameworks, illustrating the potential trajectory of CCUS development in the country. To further support the CCUS strategy, establishing and identifying CO2 transport and storage infrastructure will be critical.  This brief, co-authored by Global CCS Institute and GE Vernova, highlights:  The current state of CCUS policy and regulatory development in France  CCUS targets in the country  A look at the proposed CO2 transport and storage framework, as highlighted in the French CCUS Strategy  A snapshot of CCUS projects in the country  Along with unpacking CCUS opportunities and challenges in France, the brief also outlines bilateral and multilateral collaborations and parentship that can steer the country’s CCS efforts further.  Osama Fawzy Georgy HENEIN, MBA