Japanese Companies to Launch $1 Billion Fund for Hydrogen Supply Chains

The Suiso Frontier (L), the world’s first ship designed to carry liquid hydrogen, launched in 2019, will be used as part of a hydrogen supply chain pilot project between Australia and Japan. Photo: VCG (Nikkei Asia) — A coalition of more than 400 Japanese companies and organizations plans to set up a $1 billion fund as early as the fiscal half ending September to bolster hydrogen supply chains,...

The Big Hydrogen Cash Grab

As the Biden administration works to finalize implementation guidance for the new clean hydrogen production tax credit, 45V, the fossil fuel industry and a select set of other industry actors are aggressively lobbying to loosen the rules—while everyone else is scrambling to stop them. Here’s why. First, the tax credit is generous. Extremely generous. Borderline obscenely generous. And...

Letter on hydrogen: Europe’s green power predicament

Recent auctions have exposed Europe’s north-south renewables divide, but wind and solar in the Middle East and North Africa will ultimately win out The results of the EU’s first European Hydrogen Bank (EHB) subsidy auction were both surprising and unsurprising. The level of clearing prices was unexpectedly low. The...

Saudi Crown Prince MBS has started construction on the world’s largest green hydrogen project, which will power the Neom city. The $8.4 billion plant will produce a whopping 25 tons of hydrogen every hour.

Neom City, a $1.5 trillion tourist destination of the future, is more than just luxury hotels and fancy villas. It represents an unprecedented way of life, paving the way for not only a better life but also a more sustainable way of living. The green hydrogen project in Saudi Arabia is imperative to realizing Crown Prince MBS’s sustainability vision for Neom. Touted to be the world’s largest...

Hydrogen Production By H-TEC Systems’ Efficiency Breakthrough

Redefining Hydrogen Production EconomicsH-TEC Systems has announced a significant efficiency breakthrough in hydrogen production with their Modular Hydrogen Platform (MHP), achieving an impressive system efficiency of 77 percent (51 kWh/kg) at 30 bar pressure. This efficiency rate far surpasses the industry standard, promising substantial advancements in the renewable energy sector.Focus on Large-Scale...

Electrolyser maker John Cockerill raises €230m for hydrogen business in latest funding round

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...

Governments will miss their 2030 clean hydrogen targets due to a lack of demand-side incentives: BNEF

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...

New pilot mechanism to boost the European hydrogen market

Commission is taking further steps to support the development of the European hydrogen market by launching work on a pilot mechanism. The new mechanism was created under the recently-adopted decarbonised gases and hydrogen package, and aims to accelerate investments by providing a clearer picture of the market situation of both off-takers and suppliers and facilitating contacts between them. It will be...

Opening remarks by Commissioner Simson at the EU-Japan High-Level Hydrogen Business Forum

Opening remarks by Commissioner Simson at the EU-Japan High-Level Hydrogen Business Forum. Let me first thank the Japanese Minister, Ken Saito, for the warm welcome and for hosting this joint EU-Japan High-Level Business Hydrogen Forum in Tokyo. It is a pleasure to be here. I want to particularly welcome and thank the CEOs, leaders and senior representatives from the EU and...

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