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

Climate Policy Initiative published a report titled "Understanding Global Concessional Climate Finance 2024" 2-5 trillion USD are required annually to meet the global net zero goals. How are we faring globally in mobilising this? How do we lower the risk of financing and decrease the cost of finance for emerging markets? - Climate Policy Initiative notes that in 2023, concessional finance was only 11% of total climate finance with the rest focusing on market-rate debt and equity instruments. Key findings: - Concessional capital—finance offered at more favorable terms than the market—must increase by at least fivefold by 2030 to achieve the Paris goals. - International concessional climate finance increased by 50% from 2019 reaching USD 81 billion in 2022. - Most international concessional climate finance was provided by bilateral development finance institutions (DFIs) (33%), followed by multilateral DFIs (30%), and direct project-level international funding from governments and their agencies (26%). - About 360 institutions provided international concessional finance for climate action between 2019 and 2022 with about 10 institutions providing 70% of concessional finance. - Over time, the share of loans and grants remained fairly similar with concessional loans accounting on average for 57% and grants for 43% between 2019 to 2022. - Least-developed countries (LDCs) received approximately 33% of total international concessional climate finance and the rest of the EMDEs (excluding China) received a further 60% of these flows. - Almost 42% of international concessional climate finance targeted climate mitigation activities between 2019 and 2022, adaptation and resilience efforts received 36% of concessional climate finance, and activities with dual objectives received the remaining 22% - Approximately 37% of international concessional finance supported the direct infrastructure costs in the transport, energy systems, and water and wastewater sectors - Given the scarcity of concessional climate finance, both internationally and domestically, international cooperation is required to scale these flows within a more coherent climate finance architecture. Osama Fawzy Georgy HENEIN, MBA

The International Monetary Fund (IMF), Organization for Economic Co-operation and Development OECD - OCDE, UN Trade and Development (UNCTAD), The World Bank, and World Trade Organization) released the report, "Working Together for Better Climate Action: Carbon Pricing, Policy Spillovers, and Global Climate Goals" Oct. 2024 Carbon pricing is rapidly emerging as the "go to" solution to accelerating climate action. - It outlines pathways for coordinated approaches on climate action, carbon pricing and the cross-border effects of climate change mitigation policies, with a view to achieving global climate goals. Highlights: - Explicit carbon pricing policies are on the rise since 2010 and currently, 75 carbon taxes and Emission Trading Schemes (ETS) are in operation worldwide, covering approximately 24 percent of global emissions. - Carbon prices can measure average or marginal prices and can consider explicit carbon pricing or also implicit (e.g. fuel excise taxes and fossil fuel consumption subsidies) pricing. - International coordination can help to maximize positive spillovers and limit negative cross-border impacts of climate and climate-related policies - To close the transparency gap, countries could agree on enhanced reporting and transparency of their policy and economic environment related to climate change mitigation - There is a further need for more granular and better data on embedded carbon prices and embedded emissions, the design of border adjustment policies and their interoperability Osama Fawzy Georgy HENEIN, MBA

Dr. Lars Schernikau with his unpopular opinions and insights has commented on the latest report of the International Energy Agency (IEA): "Coal consumption in 2030 is now estimated 6% higher than only a year ago" Coal = "record consumption and stronger-than-expected demand in the future"

The International Renewable Energy Agency (IRENA) has published the report on Decentralized Solar PV Gender Perspective Oct. 2024 Decentralised renewable energy, particularly #solar #PV, can provide much-needed access to clean, reliable and affordable energy for remote and hard-to-electrify communities, and can also significantly boost employment opportunities in these areas. In 2023, more than 300 000 people were estimated to be directly employed in the decentralised solar PV sector across Ethiopia, India, Kenya, Nigeria and Uganda. However, these opportunities do not appear to be equally accessible to all. Women made up only a small portion of this workforce and face numerous barriers to engagement, including societal constraints, issues of self-perception, lack of opportunities for education and training, employer and customer biases, pay gaps, safety and mobility concerns, and a lack of workplace flexibility. This report identifies these challenges and proposes solutions to harness the vast, transformative potential of women in the decentralized #renewableenergy sector. It offers a pathway to improving female inclusion in the sector by mainstreaming targeted policies and programs that provide women with access to training, education, employment and entrepreneurial opportunities; and creating a positive enabling environment for women, including through outreach programs and greater job flexibility. Osama Fawzy Georgy HENEIN, MBA

The world seeks hydrogen, but America has found something better: Rocks with white, infinite energy America has found something better, it is not just merely hydrogen, but it is called, White Hydrogen. Different from the grey or green elements, white hydrogen is found underneath rocks and is produced naturally and reports state that it has the potential to have limitless energy. It is like a natural miracle, without the need for production costs emerging from the depths of the Earth. White Hydrogen: A sustainable power source that is hidden White hydrogen, sometimes known as “natural,” “gold,” or “geologic” hydrogen, is created or found naturally in the Earth’s crust and has emerged as a sort of climate holy grail. For a while now the resources have been ignored and the main focus has always been on synthetic hydrogen generation, which depends on natural gas reforming or water electrolysis. However, white hydrogen has the benefit of being readily extracted and naturally occurring, which lowers energy expenditures and has a smaller environmental impact. The finding of significant reserves in several regions of the United States has sparked hope for a clean and abundant energy future. Just like other natural resources like wind, white hydrogen is readily available and does not release carbon emissions. It is an eco-friendly alternative. According to Paddison, CNN (2023), since burning hydrogen only creates water, it is a very appealing clean energy source for sectors like steel, shipping, and aviation that require so much energy that it is nearly difficult to fulfil with renewables like solar and wind. Despite being the most prevalent element in the universe, hydrogen is typically found in combination with other molecules. It is better than hydrogen: Limitless energy from rocks Over the past few years, interest in white hydrogen an untapped, potentially plentiful source of clean-burning energy has grown. According to some researchers, they have been searching in the wrong places. White hydrogen is a big deal. This America’s new discovery promises to be better than the traditional and common hydrogen we know of. White hydrogen can meet global demands without hurting the Earth. Geochemist Irene Ellis, who has been a petroleum geochemist since the 1980s, finds the new findings interesting. He saw how the US shale gas industry expanded quickly, transforming the energy market. Moretti Isabelle, a white hydrogen specialist and scientific researcher at the University of Pau and Adour Countries and the Sorbonne Université concurred that white hydrogen is “very promising” White hydrogen, however, is a sign of a more optimistic energy future. Its natural production and abundance could aid nations worldwide in moving away from dangerous carbon-based energy sources. Humanity could finally realize its ideal of clean, renewable, and limitless energy by drawing on the Earth’s buried stores. Osama Fawzy Georgy HENEIN, MBA

Southeast Asia Energy Outlook 2024 is out now by International Energy Agency (IEA)! 🌏 It shows the region’s role in the global energy system is set to grow strongly over the next decade. Scaling up clean energy will be key to meeting rising energy needs securely & sustainably. Anyone considering the world’s energy future has to pay close attention to #SoutheastAsia, an economically dynamic region that has become an increasingly influential force in the global energy system. Following two decades of remarkable growth, the countries of the Association of Southeast Asian Nations #ASEAN are collectively poised to become one of the world’s top five largest economies by 2030. At that point, Southeast Asia is also set to be home to nearly one in every 12 people globally, with a population of over 720 million. This 6th. edition of the Southeast Asia Energy Outlook from the International Energy Agency (IEA) confirms that this region is poised to strengthen its position as an energy heavyweight. Southeast Asia alone accounts for 25% of the increase in global energy demand to 2035, and it is on track to surpass overall consumption in the European Union by 2050. The upshot is clear: for conversations on the biggest energy issues of the day, from ensuring energy security to accelerating clean energy transitions, Southeast Asian countries must have a central role. Each of the ASEAN countries are diverse in their development, industry, politics, geography, and energy needs. Advancing clean energy transitions requires tailored strategies that consider both regional and national contexts. That is why the IEA is taking the major step of opening a new office – the Agency’s first office outside of its Paris headquarters in its 50-year history. It enables the IEA to deepen and expand its longstanding collaboration with countries in Southeast Asia and beyond as they navigate the significant energy opportunities and challenges ahead. Singapore, as Southeast Asia’s sustainable finance hub, is the natural home for the new office. This Outlook vividly underscores the increasingly deep partnership between the IEA and ASEAN. It provides a thorough examination of Southeast Asia’s energy markets, energy security and climate ambitions, exploring the challenges and opportunities for the region in clean energy transitions. It incorporates a wide range of insights and observations gained from dialogue with regional stakeholders. This report also represents a strong collective effort from across the IEA, with an excellent team working skillfully and tirelessly under the leadership of my colleague Tim Gould, our Chief Energy Economist. I would like to extend my gratitude to all those, both within and beyond the IEA, whose expertise and support contributed to its realization.  Osama Fawzy Georgy HENEIN, MBA

BloombergNEF has released in collaboration with Bloomberg Philanthropies Clean Energy Ministerial and CEMMI Innovation & Industrial process The Factbook about Energy Transition Oct. 2024 Clean Energy Ministerial (CEM) members, including the European Union, have attracted 90% of worldwide investment in energy transition technologies in the last 15 years. That’s a cumulative $8.3 trillion investment in the energy transition. Together, CEM members spent nearly $1.6 trillion on the energy transition in 2023 – double the $818 billion they invested in 2020. Investment has increased every single year since 2013, including a 19% jump from 2022 to 2023, and shows no sign of slowing down. China has attracted the most investment in the last 15 years, followed by the US and Germany. At $3.2 trillion, investment in China accounted for 39% of CEM members’ cumulative investment, while the US and Germany attracted $1.5 trillion and $0.5 trillion, respectively Osama Fawzy Georgy HENEIN, MBA

The Energy Institute has released their 73 rd. edition of the World Energy Statistics Energy has always been and remains central to human achievement and progress. It is also, increasingly, central to our very survival. With global temperature increases averaging close to 1.5°C, 2023 was the warmest year since records began, and the increasingly severe impacts of climate change were felt across all continents. We also experienced the continuing effects of geopolitical disruption on energy markets, and the economies and livelihoods they support. As the chartered professional membership body for people working across the world of energy, the Energy Institute is proud to be the home of the Statistical Review of World Energy. Our aim is to provide an objective, independent and comprehensive evidence base for decision makers in governments, businesses and civil society grappling with these profound challenges. In this second Statistical Review under the Institute’s custodianship, we report on another year of highs in our energy hungry world. Record consumption of fossil fuels and record emissions from energy, but also record generation from renewables, driven by increasingly competitive wind and solar energy. The progress of the transition is slow, but the big picture masks diverse energy stories playing out across different geographies. This year we provide additional visualizations to bring these contrasts to life – from advanced economies where we see signs of demand for fossil fuels peaking, to economies in the Global South for whom economic development and improvements in quality of life continue to drive fossil growth. This year we also introduce new data sets in areas that will grow in significance over the coming years and decades – in battery storage and battery cells, carbon capture, hydrogen, ammonia, uranium, carbon prices, and additional key minerals and materials. Over the coming months, we’ll be engaging with users on further developments, to ensure the way we measure and analyze energy keeps pace and stays relevant as the transition progresses from high to low carbon, from molecule to electron, from supply-led to demand-led. We are grateful to our co-authors KPMG and Kearney in this vital endeavor, for the support of S&P Global Commodity Insights and bp, and for the data compilation undertaken by Heriot-Watt University. Together we are able to ensure the Statistical Review remains the respected, go-to source of data for the energy community around the world. Osama Fawzy Georgy HENEIN, MBA

Ember released a report on EU battery storage is ready for its moment in the sun Sept. 2024 Coupling renewables and clean flexibility growth, the EU can benefit from abundant home-grown wind and solar, reduce dependence on imported fossil energy, and avoid costs. Osama Fawzy Georgy HENEIN, MBA