ENGIE FIDs cross-border hydrogen pipeline despite German funding uncertainty | Technology

ENGIE FIDs cross-border hydrogen pipeline despite German funding uncertainty | Technology

ENGIE has taken final investment decision (FID) on its section of a €110m ($118m) Franco-German hydrogen pipeline, despite its German development partner’s FID depending on state funding.Planned to transport up to 20,000m3/h of hydrogen, the 95km Mosel Saar Hydrogen Conversion (mosaHYc) pipeline, is set to connect hydrogen producers and users throughout Völklingen (Germany), Carling (France)...

ArcelorMittal set for €1.3bn grant for green-hydrogen steel project — days after firm said H2 is too expensive to use

ArcelorMittal set for €1.3bn grant for green-hydrogen steel project — days after firm said H2 is too expensive to use

The EU has approved a plan by the German government to grant steel giant ArcelorMittal €1.3bn ($1.4bn) to partially decarbonise two of its steel mills with equipment designed to use green hydrogen — despite the company saying last week that such technology is too expensive to operate with renewable H2 in Europe. The Luxembourg-headquartered company will receive the direct grant from Berlin to...

The European Commission’s Net-Zero Industry Act and European Hydrogen Bank explained | México | Global law firm

The European Commission (EC) published proposals for its Net-Zero Industry Act (NZIA) on 16th March 2023. It sets out measures to ready the EU’s regulatory framework for an increase in net-zero technology projects and forms part of a broader goal, set out in the European Green Deal1, of being the “first climate-neutral continent by 2050”.  To accompany the NZIA, the EC also...

OCP Group and Fortescue Energy Form Joint Venture to Boost Green Energy Production in Morocco

In a groundbreaking development, OCP Group, a renowned global leader in plant nutrition and phosphate-based fertilizers, has partnered with Fortescue Energy, a subsidiary of Fortescue Ltd—a prominent player in green energy, metals, and technology—to establish a landmark Joint Venture (JV) in Morocco. This equal collaboration aims to spearhead the supply of green hydrogen,...

Storing Renewable Energy, One Balloon at a Time

Central Sardinia is not generally considered a hotbed of innovation: Arid and rural, some of its road signs riddled with bullet holes made by target-practicing locals, the setting recalls a Clint Eastwood western. Yet in Ottana, on the brownfield site of a former petrochemical plant, a new technology is taking shape that might help the world slow climate change. The key component of this technology is as...

European hydrogen infrastructure projects can draw from €850m pot of EU funding from the end of April

An EU-approved list of 166 cross-border energy infrastructure projects — including 65 hydrogen pipelines, import terminals, and electrolysers — will be able to draw from a €850m ($905.5m) pot of funding from 30 April. The sixth list of Projects of Common Interest (PCIs), which link two or more member states, and Projects of Mutual Interest (PMIs), which link EU and non-EU countries, was published...

Half-price hydrogen cars | Cities across South Korea unveil subsidies that will slash the cost of a new Hyundai Nexo

Over the past two weeks, cities across South Korea have been unveiling subsidies for hydrogen cars that will effectively halve the cost of a new model for citizens and local businesses. The entirety of this funding is set to go to the Korean-made Hyundai Nexo, the only hydrogen car currently on sale in the country. In January, the central government said it would provide subsidies of 22.5m won ($16,875)...

What’s stopping Europe from reaching its clean hydrogen goals?

Green hydrogen is predicted to be a leading renewable energy source in the future, but production in Europe must ramp up massively to hit targets. In this episode of Business Planet, Euronews reporter Andrea Bolitho travels to Spain to see how a global leader in the renewable energy sector is maximising green hydrogen's potential.The EU's regulatory advisor for renewable energy giant,...

Engie confirms termination of H2Sines.Rdam project – pv magazine International

Engie has told pv magazine that the developers of the H2Sines.Rdam installation have decided to terminate the project to produce hydrogen in Portugal and send it to the Netherlands, while Fortescue said it has opened an electrolyzer production facility in Australia. April 12, 2024 Sergio MatalucciH2Sines.Rdam, a planned 400 MW green hydrogen project in Portugal designed to ship liquid hydrogen to the...

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