Skip to content
Home » Blog » Page 467

Blog

Your blog category

US eases 45V hydrogen tax credit rules | Hydrogen

Hourly matching requirements have been pushed back until 2030 Hourly matching requirements have been pushed back until 2030 The US Treasury’s much-awaited response on the implementation of 45 hydrogen tax credits sees greater timeline flexibility and provisions for nuclear operators. Under the initial proposal, released in December 2023, producers would have had to match their clean hydrogen plant’s operations with renewable electricity production within the same hour from 2028. However, the hourly matching requirement has now been pushed back until 2030. A new pathway has been added to allow for existing nuclear reactors, up to 200MW, as a viable electricity source for hydrogen producers, reflecting that certain nuclear reactors are at greater risk of retirement based on certain economic factors, and if nuclear retirement is averted then the additional demand from hydrogen production will not… Read More »US eases 45V hydrogen tax credit rules | Hydrogen

Singapore powers ahead with hydrogen plants | Singapore

© Energy Market Authority © Energy Market Authority Singapore is stepping up efforts to develop hydrogen and decarbonise heavy industry. Last November, ground was broken on the 600 megawatt (MW) Keppel Sakra Cogen plant which is expected to be ready in the first half of next year. Once operational, the plant will expand Keppel’s generation capacity by nearly 50% to 1,900 MW. That came hot on the heels of YTL PowerSaraya starting work on a 600MW hydrogen-ready Combined Cycle Gas Turbine (CCGT) at its Pulau Seraya Power Station (PSPS) site. Today (3rd January), the Energy Market Authority (EMA) awarded PacificLight Power (PLP) the right to build, own, and operate a new hydrogen-ready CCGT generating unit, seeing off five competitors in the process. It will also offer at least 600 MW in generation capacity, and slated… Read More »Singapore powers ahead with hydrogen plants | Singapore

H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka

  •  
  • Blog

H2Carrier and Greenstat Hydrogen India (GHI) have signed a memorandum of understanding (MoU) to accelerate the development and deployment of green hydrogen and ammonia projects located in India and Sri Lanka. The post H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka appeared first on Offshore Energy.

Royal Caribbean links up with CPN for B24 biofuel delivery

  •  
  • Blog

Cruise holding company Royal Caribbean Group has teamed up with bunker service provider Chimbusco Pan Nation Petro-Chemical (CPN) for B24 marine biofuel delivery in Hong Kong. The post Royal Caribbean links up with CPN for B24 biofuel delivery appeared first on Offshore Energy.

Key things to watch for hydrogen in 2025, according to WoodMac

  •  
  • Blog

The pace for the low-carbon-hydrogen and ammonia sectors is set to pick up in 2025, with key themes to watch for including the rise of blue hydrogen in the U.S., a giga-scale green project reaching FID, increased deployment of Chinese electrolyzers, the persistent mismatch between project FIDs and offtake contracts and a surge in low-carbon ammonia investments, according to WoodMac. The post Key things to watch for hydrogen in 2025, according to WoodMac appeared first on Offshore Energy.