Hydrogen Compass – May 2024

In April, the Northwest European hydrogen market saw a flurry of noteworthy developments, spanning from funding initiatives, project setbacks, and major infrastructure progress announcements. This month, we will focus on the latest developments from the European Hydrogen Bank, delve into the persistent challenges surrounding offshore hydrogen, and shed light on the ongoing delays facing the German...

Letter from London: Hydrogen’s risk allocation puzzle

Finding a way to efficiently share risk between developers, offtakers and financiers is crucial to unlocking investment in green hydrogen projects, according to speakers at the FT Hydrogen Summit in London Commodities trader Trafigura expects to make FID on a 20MW green hydrogen facility at Milford Haven in South Wales...

Hong Kong unveils new hydrogen strategy, with focus on standards, H2 vehicles, and closer ties with mainland China

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...

Subsidies plan | Spanish government consults on scheme to directly finance green hydrogen hubs via auctions

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...

European Hydrogen Bank: €1.2 billion for the next auctions

European Hydrogen Bank: €1.2 billion for the next round of auctions At a workshop on the European Hydrogen Bank, organised by the European Commission’s DG CLIMA, it was announced that the budget for the second round of auctions will be set at €1.2 billion. It will be held later this year. This is good news for the industry. This amount represents 25% of the 2024 budget of the Innovation...

Legco push for SAR to make hydrogen leap

Legislative Council members are urging Hong Kong to begin planning for hydrogen development, even though production of the fuel is not yet fully mature as the administration announces the city's new Strategy for Hydrogen Development today.The SAR administration will provide safety guidelines in its strategy outline for the development of hydrogen...

Kalpataru Projects International exploring green hydrogen electrolyser manufacturing, says Director Amit Uplenchwar, ET EnergyWorld

New Delhi: Kalpataru Projects International, formerly Kalpataru Power Transmission, is looking at green hydrogen electrolyser manufacturing to expand its footprint in multiple product lines, company’s Director, Amit Uplenchwar, told ETEnergyWorld.He said that the company is constantly looking at expanding its EPC value chain in new sectors and is focussed on...

Chart: Clean energy set to attract double investment…

The reason is twofold. For one, clean energy costs have plummeted over the last decade — a decline that has also resulted in every dollar spent on wind and solar now going more than twice as far in terms of energy output as a dollar went a decade ago. Second, investment has also gotten a boost from the growing number of countries that have adopted emissions reductions goals in recent years. Most...

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