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Indian refineries to begin green H2 output from 2025

  • Spanish Market: Hydrogen
  • 14/03/23

Indian state-controlled refineries are to begin producing green hydrogen from 2025, junior oil minister Rameshwar Teli said, ahead of the government's goal of 5mn t/yr of domestic production by 2030.

Refiners IOC, Hindustan Petroleum and MRPL are to bring on line a total of 14,800 t/yr of production capacity by 2025-26, while Bharat Petroleum, Numaligarh Refinery and Chennai Petroleum will have 16,000 t/yr ready by 2030, a government document showed.

This brings the total green hydrogen production by the refineries to 30,800 t/yr, leaving the remaining of around 4.97mn t/yr of Delhi's production target for private-sector companies such as Reliance Industries, NTPC, Adani, JSW Energy, ReNew Power and Acme Solar that are building electrolyser capacity to produce green hydrogen in the next few years.

"Refineries in the country already utilise hydrogen for internal consumption which has the potential to be converted into green hydrogen," Teli said on 13 March.

Under the National Green Hydrogen Mission, the government has made an initial outlay of 197.44bn rupees ($2.39bn), to reduce dependence on fossil fuels and make India into a global hydrogen hub.

The government has detailed its plans for promoting domestic hydrogen production and establishing 60-100GW of electrolyser capacity by 2030, besides developing 125GW of renewable energy capacity for dedicated use in the production of green hydrogen and associated transmission.

India's ministry for ports, shipping and waterways also has identified Gujarat's Deendayal, Odisha's Paradip and Tamil Nadu's VO Chidambaranar ports for development into hydrogen hubs to handle, store and produce renewable hydrogen by 2030.

The government will support increasing the share of green hydrogen use in its industrial sector to 25pc by replacing grey hydrogen, prime minister Narendra Modi said at the India Energy Week on 6 February.


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US DOE cancels H2 hub community meetings: Update


05/02/25
05/02/25

US DOE cancels H2 hub community meetings: Update

Updates with comment from California hydrogen hub Houston, 5 February (Argus) — The US Department of Energy (DOE) has canceled meetings between planned hydrogen hubs and the public, casting further uncertainty over how the multibillion-dollar ventures will proceed as the administration of President Donald Trump pauses clean energy initiatives. California's Alliance for Renewable Clean Hydrogen Energy Systems (Arches) has informed members of the hub's Community Benefits Workgroup that it was canceling a meeting scheduled for 13 February. "In accordance with the recent Department of Energy memo issued last week, mandating that we stop all community benefits-related work, we will be pausing our biweekly Hub-level Community Benefits calls as we work with DOE to evaluate how this guidance affects Arches' community engagement strategy moving forward," Arches said in an email seen by Argus . Arches is one of seven proposed regional hydrogen production hubs around the US that were designated by former president Joe Biden to receive billions of dollars in federal funding. A total of about $170mn was announced last year and in early January to be paid out as first tranches of government funding to the seven hubs to initiate planning and development activities. The status of those payments and future disbursements have been thrown into doubt since Trump ordered a pause on payments related to the Inflation Reduction Act, an executive decision that a judge then ordered temporarily halted . Arches continues to work during a temporary pause in community engagement meetings, Arches chief executive Angelina Galiteva said in an email to Argus . "We recognize that programmatic reviews are a standard part of administrative transitions and remain confident in the ongoing progress of Phase 1 activities," said Galiteva. Community organizers in the northeast that have protested the Mid-Atlantic Clean Hydrogen Hub (Mach2) were also notified that an upcoming webinar hosted by the DOE's Office of Clean Energy Demonstrations about Phase 1 funding awards have been canceled. "We are postponing this briefing until further notice," said an e-mail sent out to those who had registered for the 13 February briefing. By Jasmina Kelemen Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

S Korea to invest $89.5mn in net zero, energy security


05/02/25
05/02/25

S Korea to invest $89.5mn in net zero, energy security

Singapore, 5 February (Argus) — South Korea today announced plans to invest 129.3bn won ($89.5mn) this year in new research and development projects in the energy sector, to achieve carbon neutrality and ensure domestic energy security. About W78.7bn will go to 41 projects in the first round of funding this year. These projects will focus on technologies related to "carbon-free" energy such as renewable energy, nuclear power, and hydrogen, among others, South Korea's energy ministry (Motie) said on 5 February. The ministry will also invest W46.2bn to improve energy efficiency and in power systems, especially given surging power demand driven by artificial intelligence. Motie also plans to invest W56.9bn in securing technologies such as next-generation solar power, flexible operation of nuclear power plants, and large-capacity water electrolysis facilities, to "respond to the climate crisis". South Korea's science ministry in December 2024 unveiled plans to invest W2.75 trillion in technologies this year to respond to climate change, which included renewable energy technology and "carbon-free" technologies like nuclear power. It is unclear if the latest W56.9bn commitment is part of the W2.75 trillion announced last year or a separate investment. South Korea in December 2024 also announced plans to invest W450 trillion won in green finance by 2030, then acting president and prime minister Han Duck-soo said before he was impeached later that week . This made deputy prime minister and finance minister Choi Sang-mok the current acting president and acting prime minister. President Yoon Suk Yeol was impeached on 14 December and has since been arrested. If Yoon is removed or resigns, a presidential election must be held within 60 days, instead of the original election date in 2027. By Tng Yong Li Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

ExxonMobil sees 45V as 'critical' for H2 market: Update


31/01/25
31/01/25

ExxonMobil sees 45V as 'critical' for H2 market: Update

Adds details from the earnings call Houston, 31 January (Argus) — ExxonMobil chief executive officer Darren Woods said hydrogen production tax credit 45V, a key component of former President Joe Biden's efforts to curb emissions, is critical to establishing a market for the zero-emissions fuel that can stand on its own. Pointing to the company's Baytown Low-Carbon Hydrogen project in Texas as an example, Woods noted the project depends on 45V to be economically viable. "We believe these incentives are critical to establishing a fully market-based future where hydrogen competes head-to-head with traditional fuels," Woods said in a call following the company's release of fourth-quarter earnings. "The end goal is clear: a system where no energy source remains dependent on government subsidies." Woods' comments come as President Donald Trump has ordered a review of the previous administration's clean energy polices, reversing a moratorium on new LNG export facilities and pausing funding related to Biden's signature climate bill, 2022's Inflation Reduction Act, which established 45V as an incentive to kickstart US hydrogen production. Woods noted that roughly 10pc of the company's capital expenditure is earmarked for "nascent, lower-emissions markets, where market forces have yet to fully take hold." ExxonMobil expects its low-carbon business, which includes hydrogen, lithium and carbon capture and storage, to provide $2bn in earnings growth between now and 2030, chief financial officer Kathryn Mikells said on the earnings call. ExxonMobil is developing what it describes as the largest low-carbon hydrogen plant in the world in Baytown, designed to produce 1bn cf/d of hydrogen from natural gas with carbon capture. If completed as designed, the project would represent nearly 10pc of the Biden administration's goal as laid out in the US National Clean Hydrogen Strategy and Roadmap, the company says on its website. Most of the plant's production would be used to decarbonize its refinery operations at Baytown but the company recently signed an agreement to sell ammonia from the plant to European trading firm Trammo. Japanese power producer Jera has said it is considering 500,000 t/yr of ammonia offtake from the plant as part of its plans to take an equity stake in the project. Earlier in January, ExxonMobil announced a technical breakthrough that would enable it to crack hydrocarbon molecules into olefins for plastics using furnaces that operate entirely on hydrogen fuel. The company said it is the first company to demonstrate this technology at industrial scale and is a part of "getting hydrogen-ready." The company is expected to make a final investment decision on the hydrogen plant later this year. By Jasmina Kelemen Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Proven tech focus of 2024 transition investment: BNEF


30/01/25
30/01/25

Proven tech focus of 2024 transition investment: BNEF

London, 30 January (Argus) — Global energy transition investment rose to record levels in 2024, Bloomberg New Energy Finance (BNEF) says in a report published today, but growth was centred on proven technologies and the amount put into emerging sectors declined. Overall investment in the energy transition reached almost $2.1 trillion last year, BNEF says, an increase of 11pc from 2023 and the highest ever. But the increase was markedly smaller than the 24-29pc annual growth recorded over the previous three years. And investment needs to rise to $5.6 trillion/yr in 2025-30, and $7.6 trillion/yr in 2031-35, to align with achieving net zero emissions by mid-century, BNEF says. About 93pc of energy transition investment last year related to "proven, commercially scalable" technologies, BNEF says, resisting pressure from higher interest rates and policy decisions to rise by 14.7pc to $1.93 trillion. Of these, electrified transport attracted the most investment at $757bn, up by 20pc on the year, followed by renewable energy, up by 8pc to $728bn, and power grids, up by 15pc to $390bn. But investment in emerging technologies fell by 23pc on the year to $154bn. Carbon capture and storage investment halved to $6.1bn, as did clean industry investment to $27.8bn. And hydrogen investment declined by 42pc to $8.4bn. BNEF points to issues surrounding technology maturity, scalability and affordability as key hindrances in emerging sectors, flagging the need for public-private partnerships to derisk investment and encourage growth. The main regional sources of investment shifted in 2024, as mainland China increased its contribution by 20pc to $818bn, investing more than the principal 2023 growth drivers — the EU, US and UK — combined. EU investment fell to $381bn and the UK's to $65.3bn, while the US' held stable at $338bn. By Victoria Hatherick Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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