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Nov 21, 2024 | 
spglobal.com | James Burgess |Mark Astley |Adriana Rolim Campos |Santiago Soria
Platts delivered blue ammonia prices extended gains in October, with markets in the US Gulf and Asia rising by 5% and Northwest Europe edging up by 3%, tracking conventional ammonia markets higher. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Northwest Europe remained the most expensive region averaging $652/mt CFR in October, with prices in the US Gulf at $588/mt and Far East Asia the lowest priced region at $496/mt.
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Nov 13, 2024 | 
spglobal.com | James Burgess
Germany's SEFE is collaborating with Brazil's Eletrobras to supply 200,000 mt/year of green hydrogen to Germany from 2030, SEFE said in a statement Nov. 13. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Nov 12, 2024 | 
spglobal.com | James Burgess
The UK has strengthened its commitments under the UN Framework Convention on Climate Change, pledging to reduce greenhouse gas emissions by at least 81% from 1990 levels by 2035, Prime Minister Keir Starmer said at the UN Climate Change Conference (COP29) in Baku, Azerbaijan, on Nov. 12. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Oct 31, 2024 | 
spglobal.com | James Burgess
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Oct 21, 2024 | 
spglobal.com | James Burgess
Hydrogen, touted as key to the energy transition, has faced many hype cycles and is yet to deliver at scale. "Hydrogen is the fuel of the future...and always will be," goes the industry joke. But hydrogen is now getting serious. Low-carbon projects are finding a pathway to final investment decisions (FIDs) through careful renewable power procurement, matching hydrogen production with anchor offtake agreements and state support.
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Oct 14, 2024 | 
spglobal.com | James Burgess
Horisont Energi is exploring options for developing the Polaris CO2 storage license after Orlen Upstream Norway pulled out, Horisont said in a statement Oct. 14. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Horisont said it was in discussion with the Norwegian Ministry of Energy and new potential license partners, and is working "to secure a way forward" for the exploration license in the Barents Sea.
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Oct 11, 2024 | 
spglobal.com | James Burgess
Uniper has cancelled its SkyFuelH2 project to make green hydrogen-based sustainable aviation fuel in Sweden because of what it called a "challenging market situation and rising costs." Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Uniper said the continued regulatory and policy uncertainty also made the project unviable.
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Oct 9, 2024 | 
spglobal.com | James Burgess
The UK government has given funding to just three of the eight Track 1 carbon capture, use and storage projects under its Track 1 industrial decarbonization program, along with the associated CO2 infrastructure. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The almost GBP22 billion in funding for the country's first two CCUS clusters -- Hynet and the East Coast Cluster -- on Oct. 4.
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Oct 9, 2024 | 
spglobal.com | Camilla Naschert |James Burgess
Spain's Benbros Energy, one of the seven winners from the first round of the EU's Hydrogen Bank auction, has withdrawn from the grant agreement process, according to a European Commission document outlining the winners that signed the agreements. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Oct 3, 2024 | 
spglobal.com | James Burgess
The UK government has awarded GBP21.7 billion ($28.5 billion) in funding for carbon capture and low-carbon hydrogen projects under its Track 1 industrial cluster decarbonization program for HyNet in the northwest and the East Coast Cluster around Teesside in the northeast. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
