The European Commission has awarded approximately €720 million (~$772 million) to seven green hydrogen projects across Europe through the first competitive auction under the European Hydrogen Bank initiative. The winning projects were selected from 132 bids submitted from 17 European countries, totaling over €15 billion (~$16 billion) in requested funds – far exceeding the €800 million budget...
Europe’s first renewable hydrogen auction under the European Hydrogen Bank will award nearly €720 million ($768.4m) to seven projects, Kallanish reports. The selected renewable hydrogen projects are located in Finland, Norway, Spain and Portugal. Together, they will produce 1.58 million tonnes over 10 years. That’s around 1.5 gigawatts electric (GWe) of capacity. According to the...
European Hydrogen Bank pilot auction results spark renewable hydrogen competitiveness. On Tuesday, 30 April, the results of the European Hydrogen Bank’s first auction were announced. Seven projects across the EU will receive a total of €720 million, with a plan to produce 1.58 million tonnes (Mt) of renewable hydrogen over ten years, avoiding more than 10Mt of CO2...
Copenhagen Infrastructure Partners and Uniper enter hydrogen partnership, pipeline to bring green hydrogen from CIP’s HØST PtX Esbjerg project to Germany. The partnership between CIP and Uniper, a global energy merchant and one of the world’s largest power producers, will drive collaboration on the production, transport, and marketing of green hydrogen from the HØST PtX...
In this week’s Caixin energy wrap, we analyze China’s biggest climate and energy news on policy, industry, projects and more: • Bright future seen for “green hydrogen” machines • Shipbuilding giant inks landmark Qatar deal • Chinese turbine makers lead global wind sector • Price war puts solar juggernaut in the red • Energy security under pressure this summer In focus:...
Japanese firms JERA and IHI Corp. have launched the world’s first large-volume fuel ammonia demonstration testing at JERA’s 1-GW Unit 4 of its 4.1-GW Hekinan Thermal Power Station in Aichi Prefecture, Japan. The demonstration testing, which kicked off on April 1 and is slated to continue through June 2024, involves substituting 20% of Hekinan 4’s heating value with fuel ammonia. The project is...
Industry is urging the German Government to resume hydrogen transport funding after it was suspended following allegations of nepotism against the Transport Ministry’s former head of hydrogen and fuel cells.In a letter to Chancellor Olaf Scholz, Transport Minister Volker Wissing, Finance Minister Christian Lindner, and Climate Minister Robert Habeck, organisations warned that Germany was on the verge...
Seven projects across Finland, Norway, Portugal and Spain are set to receive a total of EUR 720 million ($771.6 million) in the inaugural award of the European Hydrogen Bank, a European Union funding program to scale up hydrogen production. “The winning bidders will produce renewable hydrogen in Europe and will receive a subsidy to bridge the price difference between their production costs and...
Japan’s energy major JERA has announced the start of full-scale operations by its subsidiary JERA Energy India, established to widen business opportunities in the Indian market, which is expected to continue to grow in the future. According to JERA, the subsidiary will be primarily responsible for information-gathering on renewable energy, green hydrogen and ammonia, LNG to power, as well as...