EU Commission launches £700m inaugural European Hydrogen Bank auction
The EU Commission has launched its first European Hydrogen Bank auction with €800 million (£695m) in subsidies available for renewable hydrogen production.
The EU Commission has launched its first European Hydrogen Bank auction with €800 million (£695m) in subsidies available for renewable hydrogen production.
If approved, Eneco will begin construction on the 800MW green hydrogen plant in 2026.
Memorandum of Understanding agreed to explore renewable hydrogen corridor connecting Spain, the Netherlands and Germany
Investments in Germany’s hydrogen production — a fuel the government considers crucial for its energy transition needs — have slowed in recent months after picking up speed last year.
Green hydrogen start-up Electrogenos has unveiled new efficiency figures and a 25% cost reduction for its electrolyser technology as it seeks investors to continue its ambitious growth plans.
Norwegian green hydrogen technology firm Hystar has announced ABB will join its HyPilot project as a supplier.
ITM is now storing its stacks at the Linden site for fast delivery to customers, in addition to repair and maintenance facilities. Linden will also be the home of ITM’s global business development.
“This collaboration is more than just a stepping stone – it is a leap towards a new horizon."
Report shows the pace of development in the global hydrogen sector is accelerating, and the researchers are warning the UK is at risk of falling further behind the European Union and the United States.
“With our European neighbours we could have a pipeline of green hydrogen to provide a clean fuel stock to German industry and coming back the other way carbon to the UK [for storage],” he said.
ABB has been contracted to provide electrical engineering for the power distribution at a 1GW hydrogen scheme on Denmark’s west coast.
The chief executive officer of Norwegian renewable energy company Statkraft has stepped down after 14 years in the position.
TotalEnergies is launching a “massive” green hydrogen tender to reduce the carbon emissions of its six European refineries and two French biofuel plants as pressure mounts on the industry to fight climate change.
Scottish Government plans could see the country supply 10% of EU hydrogen demand and create 700 jobs.
"Together with Afry, we have identified a potential stable corridor to bring supply and demand together. The scale-up of hydrogen adoption goes through projects like this,” Bombardi said.
“Price is price is price. The only way to produce hydrogen very cheaply is if you have baseload power 24/7,” Mussat said.
For Hyphen, the opportunity is in Europe and Asia, specifically Japan and South Korea. These markets have set targets to shift to hydrogen, but have limited domestic capacity to produce their own supplies.
“We also expect production of hydrogen in the USA on account of the Inflation Reduction Act [IRA], and this surely supports the plausibility of the hydrogen import target – as long as US and EU can make concessions to each other,” the Topsoe executive said.
Infinity Power's Mansour said the project would provide "clean renewable energy to the region and the "entire continent of Africa".
The challenge over the next 10 years will be in scaling up SAF production. Green hydrogen production is relatively niche, as yet. “A lack of green power and electrolysis capacity, this will not make a dent” in the projected SAF demand.
Cepsa said the sale was intended to allow it to focus on its Positive Motion strategy. This will make Cepsa a leader in sustainable mobility, biofuels and green hydrogen in Spain and Portugal, it said.
Sasol and Sonatrach have teamed up to work on the production of low-carbon hydrogen and synthetic gas in Sicily.
The MoU today demonstrates that “not only are we are strengthening our energy security and lowering bills for consumers in the long term, we’re unlocking huge opportunities for investment in British expertise and jobs in the process”.
It also noted that there was scope to develop hydrogen resources within the venture. There was discussion in December, during talks between Algeria and Germany, about the possibility of transporting green hydrogen via Italian links.
RWE and Equinor said they would build hydrogen power plants, as well as a pipeline to send the fuel to Germany from Norway.