Shift Action for Pension Wealth and Planet Health’s Post

Many thanks to The West Australian for publishing our CEO Paul Everingham's op-ed today. Production from major Western Australian gas resources will not only help meet the state's energy needs but provide emerging nations in Asia with an alternative to coal for power generation that will significantly reduce emissions. Global coal use reached all-time highs in both 2022 and 2023, with growth driven largely by Asia, where it accounts for more than half of electricity production. #lng #naturalgas #energytransition #decarbonisation #decarbonization

The developing hydrogen market brings tremendous opportunities to the energy sector ......

NREL researchers have identified promising locations along the U.S. coastlines for producing clean hydrogen using offshore wind turbines. This method involves splitting water into hydrogen and oxygen and the economics work best in regions where the water is not as deep and the wind is strong. Combined with policy incentives, this approach aims to make clean hydrogen production cost-competitive. Learn more: https://bit.ly/4bMFbzY #CleanEnergy #OffshoreWind #HydrogenProduction #RenewableEnergy

Earlier this year, Cipher Senior Global Correspondent Bill Spindle spent a month reporting on the #Energy Transition in #Australia. Hydrogen hype was running high at the time, as he visited a demonstration project using the gas for home heating, saw an electrolyzer factory gearing up to meet demand for equipment to make the gas and talked to government officials keen to strategize new ways to build markets around it. Wealthy businessman Andrew “Twiggy” Forrest was among the biggest boosters, and seemed to be putting money where his mouth was. A few months later, some of the air is coming out of the balloon. It’s not that Forrest and the others have become discouraged. Most remain convinced that the cleanest form of hydrogen — made with electricity from renewable energy — will be a major tool for decarbonization, especially in the steel industry. But near term, at least, uses like home heating and power generation in overseas markets, aren’t panning out. That’s led Forrest to push back some 2030 goals for green hydrogen production. Read Bill's full story about hydrogen hopes coming back to Earth: https://nt-z.ro/4cyUxZp

-Ammonia and Hydrogen co-firing in thermal power plants may dwindle the energy transition path from net-zero, contributing to more GHG emissions, especially Nitrous Oxides NOx in ammonia's case. -JERA takes on the central role with ambitious aspirations to co-fire ammonia coal power plants, aiming for a blend of 20% ammonia by 2030 and progressing towards 50% in later years. The ultimate goal is to achieve 100% utilization of ammonia. In contrast, gas units are projected to have a co-firing ratio of 10/90% hydrogen and LNG post-2030. -It remains a costlier alternative compared to the already inexpensive renewable energy, while jeopardizing the decarbonization efforts in Japan’s energy transition and overall impacting Asia’s net-zero pathway. #hydrogen #hydrogeneconomy #greenammonia #decarbonization #netzeropathway

“They say oil and gas are not needed in the future if there is a “renewable energy revolution.” But they are wrong. Even in the most aggressive decarbonization scenarios – trajectories the world is not on – significant amounts of oil and gas will continue to be required through 2050. “The energy future must be secure and affordable, as well as sustainable,” Daniel Yergin, Pulitzer Prize winning author and vice-chairman of S&P Global, said earlier this year. Canadian energy is all three of those things and should not be cut off from the world.” Get the facts. 👇🏼👇🏼👇🏼 If you are looking to invest in #AlbertaEnergy, please check out Eco-Refinery Corporation 🇨🇦, a gas-to-liquid (GTL) Refinery start-up which will be converting natural gas to GTL diesel.

Renewable energy will overtake fossil fuels for the first time in the UK this year.

🚀 Texas is set to revolutionize the energy sector with the Hydrogen City project, the world's most ambitious green hydrogen initiative. 🌿 🌟Key Highlights: Location: Piedras Pintas salt dome, Southern Texas—ideal for storing vast amounts of hydrogen. 🏞️ Production: 280,000 tons of hydrogen per year, converting to one million tons of green ammonia for global export. 🌍 Energy Source: Powered by 3.75 GW of solar and wind energy, using a 2.2 GW electrolyser. 🌞💨 Timeline: Construction starts in 2026, with commercial production by 2029. ⏳ Brian Maxwell, founder of Green Hydrogen International (GHI), shared the significance of the project: “Hydrogen City is a transformative step towards a sustainable energy future, positioning Texas as a global leader in clean energy innovation.” Partnering with INPEX Corporation and ABB, this project sets Texas on a path from oil to a clean energy powerhouse. ⚡🤝 #CleanEnergy #HydrogenCity #GreenHydrogen #TexasInnovation #RenewableEnergy #SustainableFuture #EnergyStorage #HydrogenRevolution #GreenAmmonia #EnergyTransition https://lnkd.in/gWbDAde8.

Interesting times ahead in the energy sector.

On Thursday, June 27, 2024, the Government of British Columbia released its new Clean Energy Strategy, which outlines the actions that the province is – and will be – taking to build an economy powered by clean energy, create new jobs and opportunities, and keep electricity affordable. BC is already a clean energy superpower. But to build a clean economy and support growing communities, the province needs to produce even more clean electricity and ramp up clean fuels in emerging industries like hydrogen, renewable natural gas and biofuels. The strategy highlights BC's advantages and ideal conditions to be a global leader in the production, distribution, and use of low-carbon hydrogen, including our low-cost, clean, and renewable power, vast natural gas reserves, and history and leadership in fuel cell development and innovation. Since the release of BC's Hydrogen strategy, the government has been taking action to advance the production, distribution, and use of low-carbon hydrogen by working with partners to create hydrogen hubs where production and demand are co-located to lower costs and maximize benefits for local economies. We thank the Government of British Columbia for spotlighting the sector and its commitment to growing BC's clean hydrogen economy, and look forward to continue working with the province and stakeholders across the value chain to support the continued growth and ascendency of BC's clean hydrogen sector. To learn more about the strategy, visit: https://lnkd.in/g4JWWYJ8 #hydrogen #cleanhydrogen #cleanenergy #hydrogenbc #hydrogenfuel #hydrogenfuelcell #fuelcell #hydrogennow #hydrogeneconomy