An ad for global energy firm Repsol's involvement in renewable hydrogen has been banned for omitting to make any mention that large-scale oil and gas forms the "vast majority" of its business.
Blue hydrogen is around half the price of green, he noted, after normalising for incentives and penalties. “The models show then that green hydrogen takes over, at around a decade out.”
By TLT legal director Stuart Urquhart and partner Matthew Grimwood
In August 2021, the government published its UK Hydrogen Strategy which mapped out plans to achieve its hydrogen production ambition of 5GW per year by 2030. Less than a year later, it doubled this target to 10GW, with at least half of this from electrolytic hydrogen (green hydrogen).
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.
By Leanne Halliday, Chief Representative and Territory Sales Manager, LRQA
In recent months, there has been a surge in major green hydrogen projects announced worldwide. They include Saudi Arabia's $8.4bn, NEOM Green Hydrogen Company investment and Lhyfe's plans for a 70-megawatt hydrogen plant in Perl, Germany.
India’s Gautam Adani is prepared to go it alone in spending billions of dollars on developing green hydrogen in India, after TotalEnergies put a plan to partner in the venture on hold.
The chief executive of Centrica has called for a wider roll-out of hydrogen for heating and power generation in a bid to combat the intermittency of renewables.
As it stands, the site would be the UK’s largest green hydrogen production facility - with an initial capacity of 100 megawatts - and would create around 1,380 jobs.
Aberdeen City Council and BP’s joint venture to bring a hydrogen hub to the Granite City has submitted planning applications to bring the project one step closer to fruition.
A new report is warning that political instability and a lack of government clarity around support could stunt the rollout of hydrogen projects in the UK.
The UK’s offshore trade body said that the government’s energy transition ambitions do not match up with the ‘unpredictable’ fiscal policies surrounding oil and gas.
ITM Power (LON: ITM) is to reduce its headcount after an “unacceptable financial performance” by the green hydrogen electrolyser manufacturer in recent times.
Oilfield services giant Baker Hughes (NASDAQ: BKR) has signed a pact with Australia’s Fortescue Future Industries (FFI) to jointly explore development of green hydrogen and geothermal energy.
By Ian Spencer, Head of Business Development at H2 Green
A quiet revolution is taking place across the Highlands of Scotland, as a drive towards a green hydrogen economy is leading the decarbonisation of the transportation of goods across the region.