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A Perovskite Makeover Could Help Make Green Hydrogen Happen

New green hydrogen technology provides an opening to help kick fossil fuels out of leading economic sectors including food systems and chemicals industry as well as transportation and power generation. The challenge is to bring costs down, and research teams around the world are focusing on perovskites to turn the trick. The main source of the global hydrogen supply is currently natural gas, with coal playing a smaller part. However, low-cost renewable energy has begun to flip the script. Wind, solar and other renewables are improving the financial scenario for jolting hydrogen loose from water in electrolysis systems, to produce…

Biofuel industrial park coming to Nevada

Gov. Joe Lombardo signed a declaration of understanding with Denmark to explore opportunities to work together on renewable energy projects, including a 200-acre biofuel project in Lincoln County. The declaration of understanding that the governor signed last month with Denmark Ambassador Jesper Møller Sørensen targets the establishment of a renewable energy powered industrial park that aims to attract $260 million in investment and create 150 jobs, according to a Tuesday statement released by the Governor’s Office of Economic Development. In Lincoln County, the available site has access to railroads and the ability to transport…

RBA sees living cost pressure weighing on growth, documents show

Australia’s central bank says meetings with industry and community groups suggest rising prices and elevated interest rates are weighing on consumption and broader economic growth, according to internal documents dated from September through to November. “Retailers report that consumers, particularly those facing higher cost-of-living pressures, are more budget conscious in their spending,” the Reserve Bank said in a September 18 liaison update released under a Freedom of Information request on Wednesday. It said domestic tourism demand had slipped from high levels and a further softening is anticipated due to cost pressures and…

What Will Influence Oil Prices in 2024?

The last couple of years have seen a series of extraordinary events, most notably the invasion of Ukraine by Russia on 24 February 2022 and the Hamas attacks on Israel on 7 October 2023. This year may well see more equally extraordinary things, with the widening out of the Israel-Hamas War a distinct possibility, as is a ratcheting up of tensions between China and Taiwan, and between North Korea and South Korea. All three would involve the U.S., China, and Russia in one way or another, and all three scenarios carry with them the threat of a sudden spike in all prices. Other events, less predictable, may also emerge that would do…

US tech sell-off weighs on Australian sharemarket

Technology shares on the Australian sharemarket suffered a blow on Wednesday following negativity on Wall Street. The tech-heavy Nasdaq index recorded its third worst first-day performance since the 2001 dotcom bust, as traders reined in their bets on the scale of interest rate cuts in the US . The technology-heavy Nasdaq index dropped the most in more than two months. Credit: AP The S&P/ASX 200 fell 64.2 points, or 0.8 per cent, to 7563.6 at about 11am AEDT as tech stocks and miners led the decline and all sectors except consumer staples traded in the red. The operator of Dan Murphy’s, Endeavour Group (up 1.9 per cent), was the…