MCG UK

As a co-investor and key partner in CH2i, MCG leverages its expertise in hydrogen supply chain traceability and visibility to advance the project’s goal of developing and deploying hydrogen as a viable, scalable aviation fuel. This collaboration underscores MCG’s commitment to innovation and its pivotal role in propelling the transition to a net-zero future. https://lnkd.in/dDFk839v

The International Renewable Energy Agency (IRENA) has published a report in collaboration with the World Trade Organization titled "Enabling Global Trade for Green Hydrogen" Nov. 2024 Renewable hydrogen and hydrogen-derived commodities – such as ammonia, methanol and e-kerosene – are expected to play important roles in the energy transition. While most energy consumption can be met using renewable electricity or biofuels by 2050 (IRENA, 2023a), the use of renewable hydrogen and its derived commodities will be required in hard-to-abate sectors, including in industry as feedstocks (e.g. chemical manufacturing, #fertilizer production, #refining, #steel manufacture) and #heavyduty transport as e-fuels (e.g. in maritime transport and aviation). Their use may account for around 14% of final energy consumption in 2050 (IRENA, 2023a). Differences in climate conditions and economic circumstances are expected to drive cost variations for the production of renewable hydrogen, hydrogen-derived feedstocks and e-fuels in different geographies. Many countries and regions are considering potential roles in these emerging markets. For those with access to abundant renewable energy resources, exporting opportunities emerge. For those with developed industrial sectors and more limited renewable resources, imports can allow access to a decarbonised feedstocks or fuels. A global market for these commodities is expected to enhance competitiveness and lower total costs by facilitating the development of production facilities where renewable resources are most abundant. The development of an international market for renewable hydrogen and its derivative commodities will require significantly scaled-up sustainable value chains. Further physical infrastructure is needed; for example, pipelines and shipping facilities are necessary to transport commodities from producers to consumers. Robust market development will be supported by establishing and elaborating plans and strategies for the development of supply chains around technologies and vital inputs (such as water and carbon sources for the production of #methanol and #ekerosene). Moreover, the development of sound and coherent policy frameworks will foster market growth, support sustainable production, and facilitate international trade flows. It is also clear that engaging communities and building social acceptance helps to facilitate successful projects. All of these priorities require action, from various stakeholders, and this report sets out a series of considerations for policy makers enabling international market development and trade in renewable hydrogen and its derivative commodities. These considerations cover areas of energy and trade policy, and the intersections between them. Policy makers are encouraged to consider the resources and tools available to them in their economies, and their specific objectives in terms of international trade in #renewablehydrogen and #derivatives. Osama Fawzy Georgy

New Oxford Institute for Energy Studies Energy Comment takes stock of Germany’s clean hydrogen ambitions.   👉 Link to OIES Energy Comment: https://lnkd.in/ewHiD2Pf Key points:   💠 Germany has long harboured ambitions to become a clean hydrogen economy trailblazer — it sees hydrogen as key for decarbonising its industrial juggernauts as well as power generation, transport and other sectors.   💠 The country has made progress towards these ambitions this year, with the launch of innovative support schemes bankrolled by large funding pots, tailwinds for initiatives drawn up in previous years and the green light for construction of a country-wide hydrogen network.   💠 2024 has also been a year of delays and setbacks that have called into question whether ambitious targets for the end of this decade can be realised.   💠 Germany now faces an uncertain future with regard to its leadership, after the coalition between the SPD, FDP and Greens party collapsed in early November. While a major change in course is unlikely, the coalition’s breakdown has left the hydrogen sector worried that policy progress could stall until after a new government is formed.   💠 As 2024 draws to a close and with a government change on the horizon, this OIES Energy Comment takes stock of Germany’s clean hydrogen ambitions. Across four areas — consumption, domestic production, imports and infrastructure — it examines the progress made, how the different initiatives are intended to play out, and where key challenges lie or new ones have emerged.   #Hydrogen #GreenHydrogen #Germany #Decarbonization

Great to be part of the maritime innovation week no ordinary river, no ordinary port Clinton LIU 劉長亮

Lloyd's Register has published the Ammonia as a fuel for Maritime industry Nov. 2024 Alternative fuel sources for ships: trends and developments Alternative fuels for ships have become increasingly important in the maritime sector as a response to stricter environmental regulations, giving rise to a host of implications in terms of managing costs and logistical operations. With the growing challenge of climate change, there is now a greater need to find sustainable and renewable marine fuels for this sector. Fuel for Thought is an insightful and comprehensive series of reports and webinars on alternative fuel sources for ships. Environmental concerns and stringent regulations drive the need for cleaner and greener shipping, and this innovative series provides valuable insights into the challenges, benefits, and practicalities of using alternative fuels.  Greener shipping: the role of alternative fuels In this series, we will explore the latest developments in this area, including methanol, biofuels, hydrogen, ammonia, and others, examining their potential to transform the shipping industry in the years ahead. Through expert analysis and critical insights, we aim to provide a comprehensive and informative overview of the emerging trends and opportunities in this rapidly evolving field. Osama Fawzy Georgy HENEIN, MBA

Innovate UK is pleased to announce £8 million in funding for SMEs developing innovative #NetZero products and services! 🌍 As part of Innovate UK Net Zero Living Programme this funding focuses on: - Harnessing #digitalisation and #data to drive net-zero initiatives. - Supporting user-focused design to ensure solutions meet real market and customer needs. The Net Zero Living programme has already invested over £30 million across the UK, empowering local authorities and partners to lead ambitious #decarbonisation projects. This final funding round includes: 🔹 £4.5M for 60 projects applying data, digital, and #AI technologies to carbon reduction efforts. 🔹 £3.5M in partnership with @Design Council for 48 projects focused on user-centered product design. UK businesses will also have the opportunity to collaborate internationally on projects in regions including Africa and Asia. Together, we’re accelerating the transition to a sustainable future. Learn more about how we’re supporting #Innovation and #ClimateAction - https://lnkd.in/emmbBijn #NetZeroLiving #Sustainability #InnovationUK #NetZeroSolutions #ClimateChange

H2Global is pleased to announce that the Bezos Earth Fund has committed USD 1 million to support the H2Global Foundation accelerate clean hydrogen markets globally.   The grant will facilitate H2Global in:   🗺 Helping countries outside the EU jump-start hydrogen markets using the innovative H2Global mechanism. 📊 Establishing one bilateral tender or import tender that will mobilize up to USD 1 billion. 🗓 Laying the groundwork for a subsequent funding window in 2025. ⏩ Working with the Earth Fund and other stakeholders to design other innovative mechanisms to accelerate markets for hydrogen derivatives and associated commodities.   “We would like to thank the Bezos Earth Fund for being the first philanthropic organization to partner with H2Global Foundation, thereby enabling us to scale up our impact at this critical time. Philanthropic institutions play a vital role, alongside public and private finance, in making the energy transition a reality,” says Susana Moreira, executive director, H2Global. 👉 Read the full press release: https://lnkd.in/eN7J2m6R #cleanhydrogen #energytransition #climatephilanthropy

Offshore wind developers will be rewarded for investing in less polluting suppliers through our new Clean Industry Bonus scheme.     This will help develop greener supply chains, reduce industrial emissions and boost the rollout of clean, secure, cheap power for families.     Find out more:  https://lnkd.in/enQ8jgeT #UKatCOP29

Thanks for the great support and looking forward to working with you and peers in the next three months!

Forging global partnerships in hydrogen innovation 🇦🇺 Six innovative projects with the potential to drive advancements in renewable energy have received funding from Innovate UK and Australia's Department of Climate Change, Energy, the Environment and Water. The UK-Australia collaborative projects will help drive down the cost of green hydrogen, stimulate investment and commercial uptake of renewable hydrogen and industrial decarbonisation technologies. This includes: - Renewable hydrogen production ⚡️ - Storage and transport 🚚 - Agriculture 🚜 - Marine transport ⛴️ Building and strengthening our global relationships will open more opportunities for the UK. Find out more here: https://lnkd.in/eQGXPz_j