Renewable energy companies look abroad for green hydrogen plants – Sustainability News

Renewable energy companies such as Hero Future Energies and Renew are looking to set up green hydrogen plants abroad, while others like Adani New Industries and Avaada Group are in talks with global companies for offtake of the new-age energy. Hero Future Energies (HFE), part of Hero Group, is evaluating deployment of green hydrogen plants in the UK and the rest of Europe in association with its...

Norway Provides Record Funding for Ammonia and Hydrogen Vessel Projects

  Enova, the Norwegian government’s clean energy fund developed to spur decarbonization efforts including in the maritime sector, is making its largest-ever awards. The latest competition round will provide approximately $114 million in support for a total of fifteen ships. Six of the vessels will be ammonia-fueled while nine will be cutting-edge hydrogen projects, including five dry bulk...

Hydrogen UK presses next govt to fast-track of £2bn green hydrogen projects | Policy

Trade body Hydrogen UK is urging the incoming government to ensure key green hydrogen projects can reach final investment decision (FID) within its first 100 days in office.With £2bn ($2.5bn) in revenue support already earmarked for 11 projects totalling 125MW of capacity, under the Hydrogen Allocation Round 1 (HAR1), the association has warned delays and regulatory hurdles are putting the projects at...

Brazilian Senate approves new clean-hydrogen bill that offers producers billions of dollars in tax benefits and subsidies

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Ensuring Electrical Safety in Hydrogen Operations

In this article we explore the current use of hydrogen in industrial processes, as well as its role in the ongoing global transition to a net-zero economy. We’ll provide insights into market opportunities and challenges, the latest processing technologies, and best practices in safety to help industry stakeholders as they face mounting pressure to scale up hydrogen production. Hydrogen can be very...

‘Competition was fierce’: Norway opens wallet for ammonia and hydrogen shipping

Norwegian state enterprise Enova has pumped NOK 1.2bn ($114m) into ammonia and hydrogen shipping in its largest outlay ever in the maritime transport sector. The awards were announced at a DNV event in Hovik attended by Norwegian climate and environment minister Andreas Bjelland Eriksen and came after what Enova described as tough competition from shipping companies. Nine hydrogen-fuelled vessels and six...

Could big U.S. subsidies for Hydrogen create perverse incentives, raise emissions?

There is a danger that the U.S. Inflation Reduction Act (IRA) subsidies for hydrogen production (defined in provision 45V) may create perverse incentives that do not reduce emissions and may increase them. James Sallee at the Energy Institute at Haas explains why. The goal is to make “green” hydrogen powered by newly built clean energy. But what if the generously subsidised hydrogen is made from...

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