Share to Twitter Share to Linkedin The context is transitioning from fossil energy to renewables. One key aspect of this is transport via gasoline or diesel vehicles and its transition to electric motors driven by batteries or hydrogen. The fossil fuel industry should be concerned about the efficiency and cost of sustainable transport, because that will determine the speed of the transition which will likely affect the decline of oil production and perhaps the oil and gas industry itself. Elon Musk knows batteries. He builds them: to propel cars and trucks, at one bookend, to grid-scale behemoths that store and stabilize electrical power for hundreds of homes and commercial enterprises, at the other bookend. Last week, May 12, 2022, Musk said hydrogen “is the most dumb thing I could possibly imagine for energy storage.” This is not the first time, as Musk has made similar negative comments in past years. A few years ago, Musk told reporters that hydrogen … [Read more...] about Is Elon Musk Right Or Wrong To Dismiss Hydrogen Use For Low-Carbon Energy Storage?
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Share to Twitter Share to Linkedin Last month, House Bill 4, called the Hydrogen Hub Development Act, was voted down by the committee on House Energy, Environment and Natural Resources. There were various reasons for this. The bill would contain tax incentives to start a new industry that would be part of the transition to renewable energies but would link to the booming oil and gas industry. The oil and gas industry would provide the natural gas to produce the hydrogen, and then sequester or bury the carbon-dioxide (CO2) bi-product underground – a process called carbon capture and storage (CCS). Hydrogen generated in this way from methane is called blue hydrogen. Additionally, the bill is amongst the first in the United States to include specific incentives for the production of hydrogen from renewable natural gas, which can yield “carbon-negative” hydrogen. Such pathways do not implicate the oil and gas industry, but are a unique feature that … [Read more...] about Headwinds And Tailwinds Clash In Derailed New Mexico Hydrogen Bill
Share to Twitter Share to Linkedin Nord Stream 2 should be juxtaposed next to the Berlin Wall — two dying breeds of oppression and a sign that a new day is coming. If the dilapidated Wall represents the fall of communism, Nord Stream 2’s demise embodies autocracy’s death and the rise of renewable energy. Despite the European Union’s dependence on Russian oil and gas, it has said it would speed up its transition to going green — and separate itself from the Russian economy. The continent aims to increase its share of renewable energy to 32% by 2030 while also ending its reliance on Russian fossil fuels. Indeed, its underlying premise is that Russia’s kingpin, Vladimir Putin, is an international menace not just to peace-loving countries but also to environmental security. “ Let's dash into renewable energy at lightning speed ,” said Frans Timmermans, who heads the EU Green Deal. “Renewables are a cheap, clean, and potentially endless source of energy, and … [Read more...] about Russia’s Invasion Kills Nord Stream 2 And Gives Rise To Renewables