U.S. granting $34 million to green hydrogen research projects

The US Department of Energy (DOE) has allocated almost $34 million to support 19 industry and university-led research projects aimed at advancing clean hydrogen technologies. These projects intend to make clean hydrogen more affordable and accessible for electricity generation, industrial decarbonization, and transportation. These investments align with DOE’s Hydrogen Shot initiative, which aims to reduce the cost of clean hydrogen by 80% to $1 per kilogram within a decade, fostering new hydrogen pathways in the US.

A collaborative research team from South Korea and the US, led by Chanho Pak from the Gwangju Institute of Science and Technology, has developed a novel catalyst for efficient proton exchange membrane water electrolysis (PEMWE). This catalyst consists of an iridium nanostructure supported on mesoporous tantalum oxide (Ta2O5). The design enhances the utilization of iridium, leading to improved electrical conductivity and a larger electrochemically active surface area. The catalyst achieved enhanced activity and stability for the oxygen evolution reaction (OER), crucial for PEMWE.

Fidelis New Energy has chosen Mason County, West Virginia, for its lifecycle carbon-neutral hydrogen production facility called The Mountaineer GigaSystem. This project will utilize the FidelisH2 technology to produce hydrogen with zero lifecycle carbon emissions through a combination of natural gas, carbon capture, utilization, and sequestration, along with renewable energy. The project will consist of four phases, each producing over 500 metric tons per day of net-zero carbon hydrogen.

The Danish Minister of Industry, Morten Bødskov, visited HySynergy to discuss the potential of green fuels and hydrogen as the next major export venture for Denmark. The facility showcases a small hydrogen pipeline that can deliver more than 8 tons of hydrogen daily from producer Everfuel to customer Crossbridge Energy. The combination of renewable energy sources and Power-to-X technology could make Denmark a significant exporter of green fuels.

Wärtsilä has been selected to provide front-end engineering design (FEED) for a liquefaction and storage facility for liquefied synthetic methane (LSM) in Kristinestad, Finland. The plant is part of the Koppö Energy Cluster and will have a capacity of 200 MW, converting green electricity into hydrogen and sustainable LSM. The facility will be supplied with emission-free renewable energy from up to 500 MW of wind and 100 MW of photovoltaic power.

The UK government has shortlisted 17 projects with a total electrolyzer capacity of 262 MW for the Hydrogen Business Model allocation round. This initiative aims to support the growth of low-carbon hydrogen production and accelerate the UK’s transition to a net-zero economy. The contracts for these projects are expected to be awarded in the fourth quarter of 2023, with the first projects becoming operational in 2025.

Japanese company Toppan plans to enter the hydrogen market by leveraging its proprietary manufacturing method for Catalyst Coated Membrane (CCM)/Membrane Electrode Assemblies (MEA), crucial components of water electrolysis equipment for hydrogen production. This technology enables mass production of high-performance CCM/MEAs, contributing to the advancement of hydrogen production technologies.

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EU’s LNG pact with U.S. tests limits of energy security and market realism

The European Union’s ambitious commitment to purchase $750 billion worth of U.S. energy by 2028 under its new trade agreement with Washington is drawing sharp scrutiny, not only for its questionable feasibility, but also for the strategic risks it poses. While framed as a means to deepen transatlantic cooperation, the deal may entrench the EU’s growing dependency on American liquefied natural gas (LNG) just as the bloc attempts to wean itself off Russian energy and transition to renewables.

Under the agreement, the EU has pledged to triple its annual energy purchases from the United States, from around $75 billion in 2024 to $250 billion per year for the next three years. The U.S. already accounted for 50% of the EU’s LNG imports last year, along with substantial shares of oil and coal. Any further increase in energy trade will likely be concentrated in LNG, where the U.S. leads global exports.

Chevron enters U.S. lithium market with lease of 125,000 acres of land

Chevron has officially stepped into the domestic lithium production arena, announcing Tuesday that it has leased approximately 125,000 net acres in northeast Texas and southwest Arkansas. The move marks a strategic shift for the U.S. oil major as it looks to leverage its core expertise in drilling and subsurface fluid management to gain a foothold in the rapidly evolving energy transition landscape.

The lease was acquired from TerraVolta Resources and East Texas Natural Resources, though Chevron did not disclose the financial terms of the deal. “This acquisition represents a strategic investment to support energy manufacturing and expand U.S.-based critical mineral supplies,” said Jeff Gustavson, president of Chevron New Energies, the company’s low-carbon and emerging technologies division.

U.S. recalibrates Venezuela sanctions as oil diplomacy returns

The United States is preparing to reinstate oil-related authorizations for key partners of Venezuela’s state oil company PDVSA, starting with Chevron, in a move that signals a strategic recalibration of Washington’s sanctions policy toward the country. If enacted, these licenses would allow select energy companies to resume limited operations and oil swaps with PDVSA, while still attempting to prevent any direct financial benefit to President Nicolás Maduro’s government.

This marks a notable shift from President Donald Trump’s earlier decision this year to cancel Chevron’s license and halt all sanctioned oil transactions by late May, a policy aimed at tightening pressure on the Venezuelan regime. Now, however, officials appear to be weighing the geopolitical utility of narrowly tailored energy cooperation against the blunt force of full economic isolation.

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