The Biden administration plans to set strict requirements on the sources of carbon-free electricity used by hydrogen producers seeking lucrative federal incentives, according to news reports citing leaked information regarding long-awaited rules for the Inflation Reduction Act’s clean hydrogen tax-credit program. Politico and Bloomberg this week reported on leaked details of draft guidance from the...
The European Commission recently unveiled a pilot scheme to accelerate the development of the hydrogen market in Europe. This mechanism, designed as part of the Decarbonised Gas and Hydrogen Package, aims to clarify the market situation for suppliers and consumers, and to facilitate contacts between them. Set up for a five-year period, the scheme will be part of the European Hydrogen Bank. Essential...
Thyssenkrupp Nucera sees hydrogen market lull as temporary. Project delays in the global market for hydrogen equipment are temporary, Thyssenkrupp Nucera’s (NCH2.DE), CEO Werner Ponikwar told Reuters, adding that the German company could double its workforce in the next three years. Thyssenkrupp Nucera, a major electrolysis plant supplier, last month reported a 42% drop...
Green Hydrogen – Volue to deliver its simulation and control room service to Nordic Ren-Gas. Volue, a leader in technologies and services that enable its customers to succeed in the energy transition, has signed a deal with the leading e-methane and hydrogen developer Nordic Ren-Gas for the simulation of electricity market operations and the provision of its control room...
Milestone: Hydrospider Distributes 1,000 Tonnes Of Green Hydrogen - FuelCellsWorks Press enter to begin your search error: Alert: Content is protected !! We use cookies to ensure that we give...
On an overcast day at the end of May, the UK’s energy minister climbed aboard the world’s first hydrogen-powered digger. After connecting a pipe to refuel the white-and-green backhoe loader, built by JCB, Claire Coutinho vowed that Britain would “stay at the front of the race” to use renewable hydrogen to reduce emissions from the construction industry. But not everyone agrees that hydrogen...
By Michael Liebreich, Senior Contributor, BloombergNEF My last column was the first half of a two-parter on how the net zero transition would be both harder and easier than we might think. The second part will appear early next year. In the interim, however, the sixth Hydrogen Energy Ministerial in Japan announced a target of 150 million tons of hydrogen demand by 2030, of which 90 million metric tons...
The Commission is awarding nearly €720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank.The funds for this auction come from the revenues of the EU Emissions Trading System.The winning bidders will produce renewable hydrogen in Europe and will receive a subsidy to bridge the price difference...
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