As a share of UK electricity generation, renewables increased tenfold between 2004 and 2019. The various forms of public financial support provided to the sector played a major part in this. Government policy is now targeting an even more spectacular increase in the production of low carbon hydrogen in the UK over the next 10 years. Once again, subsidies will be crucial. In this post, and the next...
BURNABY, BC, May 30, 2024 /CNW/ - The Honourable Terry Beech, Minister of Citizens' Services and Member of Parliament for Burnaby North – Seymour, on behalf of the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), will announce funding for two projects that will build Canada's clean economy and...
By Valerie VolcoviciDUBAI (Reuters) - The U.S. will release guidance for how hydrogen producers can secure billions of dollars of subsidies embedded in last year’s Inflation Reduction Act sometime this year after the COP28 climate conference in Dubai, U.S. energy advisor John Podesta told Reuters on Wednesday.Industry has been waiting anxiously for the guidance from the U.S. Treasury Department for...
Seldom grabbing hydrogen policy headlines, Europe has gone from strength to strength in recent years on its drive to secure global hydrogen leadership.The first pilot Hydrogen Bank round, offering €800m ($826m) to support renewable hydrogen producers with up to €4.5/kg ($4.85), has attracted over 130 projects. European Commission President, Ursula von der Leyen, also revealed plans for a second...
RIYADH: The rapid adoption of clean technologies can enhance the affordability of energy, according to a new report. In its latest study, the International Energy Agency said that the key task for governments globally is to make clean energy technologies more accessible to those who may otherwise struggle with the upfront costs. The energy agency noted that additional investments in the sector are...
«After a year of negotiations, an agreement has been reached between Rome, Vienna and Berlin for the development of SoutH2, the hydrogen corridor which will see the construction of a new gas pipeline, and the technologically renewed Italian network, to transport the clean energy source of the future from North Africa to our country up to Central Europe. However, we learn of Sardinia's exclusion from...
Norwegian shipyard Myklebust Verft has been selected to build two hydrogen-powered ferries ordered by compatriot transport company Torghatten Nord. Once delivered, the newbuilds will be ‘the world’s largest’ hydrogen-powered ships and will be bunkered with hydrogen produced in Bodø.Courtesy of Myklebust Verft Designed by The Norwegian Ship Design Company to operate in the challenging...
The US government has launched a $1.3 billion round of funding to build charging stations and alternative fuelling infrastructure (hydrogen and gas) in urban and rural areas and along designated highways, motorways and arterial roads. Applications for the latest round of funding will be accepted until 28 August 2024.This investment marks the largest funding round to date under the Charging and Fueling...
A rendering of a medium-sized ammonia carrier ordered by Purus Marine from Korean shipbuilder Hyundai Mipo Dockyard.Photo: Purus Marine Source link...
As the European Union launches the first pilot auction this week, it also announces it will double down in spring, while also supporting a collaboration with Brazil for the construction of a production facility to be used in Croatia. November 21, 2023 Sergio MatalucciThe European Union is launching this week the first auction of the European Hydrogen Bank, backed by €800 million in European...