Air Products wants other companies to commit to building large-scale renewable and low-carbon hydrogen projects to ensure that a reliable, competitive market forms, a company executive has told H2 View.Ivo Bols, President, Europe and Africa at Air Products, said there was “no glory” in being a first mover if there are not “fast followers.”“Even the best first mover cannot create a reliable,...

At the end of April the winners were announced of the first pilot auction to allocate subsidies for EU hydrogen production via the Hydrogen Bank. The winning bids were between €0.37 and €0.48 per kg, much lower than the €4 – €6 per kg “green premium” cost gap between renewable hydrogen and fossil hydrogen in Europe. The low bids mean companies applied for fewer subsidies than needed to...

A CURIOUS LETTER sent on November 6th recently surfaced in Washington, DC. On that day, nearly a dozen American senators sent a stern note to Janet Yellen, America’s treasury secretary, Jennifer Granholm, its energy secretary, and John Podesta, the senior adviser to the White House on clean energy. It was about the legal guidance they expected from the Internal Revenue Service (IRS) on tax rules...

Maroš Šefčovič, the European Commission's executive vice-president, who oversees the European Green Deal, in discussion with EC President Ursula von der Leyen at a commissioners' meeting in Brussels.Photo: Shutterstock Source link...

The world continues to search for an energy source that many have called “miraculous” (and we are not referring to the grave mistake of nuclear power, nor to Iceland’s geothermal energy). In the midst of this race, the United States has “invented” a new color of hydrogen, although it does not seem to have been a good idea. The reason is simple: it could cause a catastrophe, and experts are...

This article is part of our exclusive IEEE Journal Watch series in partnership with IEEE Xplore.As countries around the world increasingly tap into renewable energy, scientists are exploring the best ways to manage excess energy efficiently for all times of the day and night—including at times of peak usage, on cloudy days, or when the wind isn’t blowing. In a recent study, a group of Turkish...

H2 has become an exceptionally popular topic and many wonder if it’s worth their moneyAs the world continues its effort to decarbonize, hydrogen investing has been making headlines.  Investors have been working hard to determine whether H2 is where the money will be, and what moves they should make in order to take advantage of any opportunities.There are many reasons that H2 is seen as having...

Startups tied to the planet’s lightest element are seeing some heavy funding lately. Over the past four months, developers of technology to produce and distribute low-emission hydrogen have raised more than $1 billion in venture investment, per Crunchbase data. That’s already more than two-thirds the total raised in all of last year. The tally includes multiple extra-large...

One of the central tenets of the Biden administration’s energy policy is the pursuit of “green” hydrogen, defined as hydrogen manufactured with zero carbon emissions. This push has involved $7 billion dollars in subsidies for the creation of Regional Clean Hydrogen Hubs as well as significant tax breaks for hydrogen production through the Inflation Reduction Act. While the...

South Africa has the potential to become a leading producer of green hydrogen. Green hydrogen will be in high demand as countries aim to reduce carbon emissions, especially in sectors like transportation and heavy industries. The country is actively pursuing the Hydrogen Economy as a strategic development opportunity, aiming to capture a significant share of the global hydrogen market thereby...