German industry, policymakers urge patience on hydrogen conversion

German industry, policymakers urge patience on hydrogen conversion. Investor caution about hydrogen as a future source of energy to reduce emissions of greenhouse gases did not suggest slowing resolve to phase out fossil fuels, German industry executives and policymakers said on Wednesday, pleading for patience. They told a conference organised by the Handelsblatt business...

AUS and UK joint funding for maritime hydrogen project

The Federal Department of Climate Change, Energy, the Environment and Water has announced it will partially fund the Hydrogen Zero Emission Maritime (HyZEM) project, designed to drive decarbonisation in the maritime sector.  The project will receive £1.44 million ($A2.77 million) from Innovate UK with a similar sum to come from the Federal Government.  The news was welcomed by Freeport...

US finalises new rules that will allow clean hydrogen producers to sell tax credits

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...

The European hydrogen bank could help determine whether the climate wins or loses

The European Hydrogen Bank, a financing instrument that supports renewable hydrogen production within the EU and internationally, has just announced a €1.2 billion investment to help boost the renewable hydrogen economy, a cornerstone of the EU’s strategy to achieve climate neutrality by 2050. While many are focusing on how this can help to meet hydrogen production targets, it’s important to...

Smoltek Nanotech : We have the technology to make production of green hydrogen profitable

Green hydro­gen, pro­duced from fossil-free elec­tri­city is con­sidered, both with­in the EU and glob­ally, to be a key tech­no­logy to man­age the green trans­ition. Cur­rently, there are no oth­er fossil-free altern­at­ives for many indus­tri­al and ship­ping areas. Green hydro­gen has the poten­tial to become the lead­ing solu­tion for fossil-free steel...

DOE allocates US$9.3 million to waste-to-hydrogen projects

The US Department of Energy (DOE) allocated US$9.3 million in federal funding to six green hydrogen projects earlier this week (11 June) to support the clean energy carrier’s adoption. The projects will focus on advancing hydrogen systems that convert various waste feedstock materials into clean energy with superior environmental performance to help achieve the Biden-Harris Administration’s...

European ministers urged to streamline renewable hydrogen financing

In a joint letter, CEOs from the Renewable Hydrogen Coalition (RHC) have urged European Ministers of Finance to streamline financing to renewable hydrogen and electrolyzer manufacturing capacity within Europe and allocate national budgets to the European Hydrogen Bank.Courtesy of Renewable Hydrogen Coalition (RHC) According to the CEOs, the critical first wave of European renewable hydrogen...

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