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Sustainable processes also require risk management to minimize occurence of accidents. Green hydrogen is the key to reduce Greenhouse Gases (GHG) emissions and descarbonize the global economy. However, like any other chemicals, it has its own associated risks. This article makes an overview about diferent tools to ensure safety in green hydrogen production. #greenhydrogen #processsafety

Carbon Markets Unveiled: A Comparative Analysis of Compliance and Voluntary Strategies! by Climate Compliance Carbon Markets, driven by regulatory mandates, compel large industrial entities to meet emission reduction targets through mechanisms like cap-and-trade systems or carbon taxes. Participants, often in high-emission sectors, acquire allowances to cover excess emissions or engage in emissions trading In contrast, Voluntary Carbon Markets operate on a voluntary basis, attracting diverse participants like businesses and individuals who voluntarily offset their emissions to demonstrate environmental responsibility. These markets, governed by recognized standards, generate carbon credits through emission reduction projects, with credits purchased by voluntary buyers. While compliance markets focus on strict regulatory adherence and are regionally or nationally based, voluntary markets offer a global reach, allowing participants to support projects worldwide Both markets play vital roles in mitigating climate change, with compliance markets ensuring regulatory compliance and voluntary markets fostering a proactive commitment to sustainability and corporate social responsibility #carbonmarkets #compliancecarbonmarket #voluntarycarbonmarket #carboncredits #emissionsreduction #netzero #carbontrading #carbonoffsetting #carbontax #climatechange #climateaction #mitigation #climatemitigation #decarbonization #capandtrade #greenhydrogen #energy #energia #energie #hydrogeneurope #energyaustralia #industrialclusters #energytransition #europeancommission #energialimpia #esig #hidrogenoverde #cleanenergy #industria #UNIDO #decarbonization #emissionsreduction #descarbonizacion #valuechain #hydrogenstrategy #suezcanal #sczone #electrolysis #electrolyzer #greenhydrogen #electrolyser #pem #soec #ev #electrification #electricvehicles #fcev #bev #soe #aem #cathode #anode #h2 #oxygen #greenelectricity #water #energy #renewableenergy #renewablehydrogen #greenhydrogen #idrogenoverde #hydrogènevert #hydrogenenergy #hydrogenstrategy #hidrogenioverde #hidrogenoverde #hidrógeno #hidrogenio #wasserstoff #wasserstoff #onshorewind #solarenergy #hydroenergy #ifc #afc #H2Med #irena #decarbonize #renewableenergy #canaldesuez #sokhna #emethanol #hydrogènevert #hydrogène #windenergie #hydrogenenergy #hydrogenfuel #hidrogenoverde #hidrógeno #hidrogenioverde #idrogenoverde #idrogeno #hidrojen #windpower #windenergy #hydrogenfuelcell #giz #hydrogeneurope #northafrica #ifc #iea #ebrd #eib #europe #waterstof #greenfuel #greenammonia #ebrd #greenmethanol #irena #saf #greenfertilisers #greenfuel #greenmethanol #egypt #lngbunkering #un #greensteel #greenfert #greenbunkering #bunkering #ccus #ccs #carboncredits #carbonfootprint #carbonneutrality #carbononeutral #maritimeindustry #VesselEmissions #shippingindustry #indianmarket #maritimetransport #emethanol #decarbonisation #aviation #trasporti #transportation #bluehydrogen #lngindustry #naturalgas  Osama Fawzy Georgy HENEIN, MBA

What’s the most efficient way for the UK to achieve net zero? We at Fuels Industry UK strongly believe the UK should take a ‘technology neutral’ approach - allowing different low carbon technologies to compete and achieve decarbonisation in the most effective way. But from 2035, only new cars and vans with no tailpipe emissions such as battery or fuel cell electric vehicles can be sold under current UK Government policy. Yet according to the European Environment Agency, biodiesel hybrids powered by biomass fuel are the least carbon dioxide emitting cars across their entire lifecycle. In addition, the manufacture of Sustainable Aviation Fuel creates renewable gasoline and diesel. But a ban on new internal combustion engine cars in 2035 risks there being no market for these fuels. Net Zero policy needs to focus on the outcome not the journey.

According to DNV's latest report "Maritime Forecast to 2050", the shipping industry will struggle to secure the 17 million tonnes of carbon-neutral fuels needed annually by 2030 to meet environmental goals. The report explored how the maritime sector will compete with aviation and road transport, adding that fuel producers will need to boost production at an unprecedented pace to meet the demands of strict regulations such as the IMO's GHG strategy and EU ETS. It also expanded on how different factors affect supply issues, including price uncertainty and fuel compatibility with current infrastructure. At XFuel, we're working to provide fuels which are scalable, affordable and replicable worldwide, accelerating the energy transition from the most rural areas to urban ones. Read more via Maritime Reporter and Engineering News: https://lnkd.in/devVA7Y6 #AlternativeFuels #Decarbonisation #Environment #Shipping #Regulations

*Are Carbon Capture and Storage projects bankable?* New 30-page report from Deloitte on the bankability of Carbon Capture and Storage (CCS) projects is a good read for those interested in the commercial and legal/regulatory side of #ccs. *Context*   - IEA & IPCC both recognise CCS as critical to achieving Net Zero by 2050 - 15% of emissions reductions needed via CCS = $1.5trn investment requirement - EU introducing regulations to grow storage capacity by 100x by 2030 *Business case* - Carbon capture can be up to 50% or total CCS costs for an emitter: the rest is transport, storage, interest costs and lost emitter revenue - Whilst some solutions becoming economically viable, most need grants and subsidies. VCM and green product premiums (e.g. green steel) are an additional revenue source, but those markets need further development/scaling - In some jurisdictions, the price that transport and storage operators can charge is regulated, limiting returns *Investability* - Whilst govt. incentives can help with initial projects, private capital is needed. Expect medium to high single digital RoI for a mid-size transport and storage project. First projects have been funded by oil and gas companies, with govt. support - Bankability: to be bankable, a project needs to be economically attractive for emitters & address cross-chain risks, including leakage of stored emissions. Not all risks benefit from government protection in UK. In EU and US, transport and storage providers bear *all* risk - Geography: in their view, only the UK has implemented a holistic and bankable (albeit unproven) CCS business model, by taking an integrated cluster approach to infrastructure and implementing a regulated asset base approach (which may nonetheless limit returns). US project pipeline has significant uncertainty - Limited empirical data on performance few operational projects = uncertainty on technical risks decreased expected RoI *Catalysing investment in UK and EU* - Whilst UK, Dutch and Danish emitters can receive subsidies to cover gap between CO2e capture costs and EU ETS price, similar CfD-like subsidies tailored to CCS should be introduced across the EU to support the emitter business case - To make CCS investible, a guarantee-type of risks protection should be established to support in case of low-probability high-impact events (US’ 45Q fails in this regard) - Cross-border CO2 transport and storage (i.e., London Protocol) should be enabled to enable emitters to access ideal storage locations, promote competition among developers and mitigate storage underutilisation risks: requires adaptation of legal agreements *Scaling* - Policy needs: provide dedicated financial support for emitters; sprite t again low-probability, high-impact events; and ratify European cross-border CO2 shipping framework - Needs commercial offering of CCS-as-a-service. Could be a large market, depending on availability/cost of alternatives for emitters 

Big News in Sustainable Aviation ✈ As part of the Inflation Reduction Act, the Biden-Harris Administration has released guidance on the Sustainable Aviation Fuel (SAF) Credit, accelerating the shift to low-carbon fuels in aviation. This effort, involving key agencies like the Treasury, IRS, EPA, DOT, USDA, and DOE, is not just about cutting emissions but driving innovation and creating jobs in one of the most challenging sectors to decarbonize. Key Points: ·  Producers of SAF are eligible for a tax credit of $1.25 to $1.75 per gallon. ·  Numerous fuels will qualify for the credit, including valid biomass-based diesel, advanced biofuels, cellulosic biofuel, or cellulosic diesel that have been approved by EPA under the Renewable Fuel Standard (RFS). ·  An updated DOE's GREET model for measuring lifecycle emissions from SAFs is set for release in early 2024. Read the full press release: https://lnkd.in/g5RDgQ_g Be sure to follow NXTClean Fuels as we work to decarbonize the transportation industry. #NXTCleanFuels #SAF #SustainableAviationFuel #RenewableFuels #NEXTRenewables  

Pinion Biofuels advisor, Donna Funk, shares a holistic look at #SAF and #GREET opportunity factors: https://okt.to/dFAB87. Want to stay informed as this legislation evolves? Sign up to receive important updates around the legislation ahead that could impact your business and bottom line: https://okt.to/6Lz0uU.

What low-carbon fuels could be used for aviation and shipping in Scotland? Our latest report reviews the evidence and policy surrounding these fuels in transport. It concludes: - Low-carbon fuels in Scotland will be essential in decarbonising the aviation and maritime sectors. - In the short term, the reliance is likely to be on established biofuel-based technology to meet the demand. The key issue is maintaining a sustainable feedstock as demand increases both domestically from the heat/power sector and from the global economy. - Green hydrogen and such derivatives are known as renewable fuels of non-biological origin (RFNBOs), which generally offer greater carbon savings compared to biofuels and the third category of LCFs, recycled carbon fuels (RCFs). Longer term, the demand would ideally be met by RFNBO-based technology, as this does not generally have the same constraints surrounding feedstock availability as biofuels or RCFs. However, research and investment into the required technology and infrastructure will be essential in realising this potential. For a complete list of findings and further details, please visit our project page: https://lnkd.in/eCtVEQiQ #aviation #shipping #LowCarbonFuels Andrew Ure | Conall Martin | Michael Campbell | Kadam Lokesh | Colin McNaught | Fiona Twisse | Nicola Dunn