Despite an uncertain outlook amid structural limitations and recent economic headwinds, green hydrogen may help accelerate the European Union's decarbonization and strengthen its energy security while bringing profound global economic and geopolitical implications. In recent years, a global energy crisis, supply chain disruptions, high inflation and rising borrowing costs have driven up costs for new...
The future of gas turbines and hydrogen are intricately intertwined. Gas turbine manufacturers know that they need their equipment to be ready to operate on higher levels of hydrogen as electrolysis technology advances, production projects come online, and clean hydrogen becomes more readily available to help end-users decarbonize their power systems. In May 2023, the U.S. Environmental Protection...
The EU Commission has selected 42 new infrastructure projects to receive more than €424m ($450m) in EU funds, including 48 hydrogen refuelling stations (HRS).Under the Alternative Fuels Infrastructure Facility (AFIF) funding, part of the Connecting Europe Facility (CEF), 48 HRS and 4,200 electric charging points on the European TEN-T road network will receive backing.21 European airports will benefit...
India’s Ministry of New and Renewable Energy is considering a subsidy scheme to support the use of green hydrogen to generate power as a way to provide “round the clock” renewable electricity, as well as peaking power to the grid. One of the mechanisms that has been tabled is a Contract for Difference. In this type of subsidy, if the market power price is lower than a “strike price” agreed...
Grant agreements for successful projects under the €800m pilot European Hydrogen Bank auction round will be signed by November 2024 at the latest.Having received 132 bids from 17 European countries totalling 8.5GW of production capacity, the total support requested “far exceeds” the available €800m budget.Now, the European Executive Agency for Climate, Infrastructure and Environment (CINEA) is...
Investors are looking at hydrogen projects the same way they look at oil and gas projects and offtake remains key, H2 View’s Make Hydrogen Happen Panel at gasworld’s North American Hydrogen Summit has heard.Aline Ingram, Senior Consultant – Hydrogen and Clean Fuels, Poten & Partners, told the event in New Jersey, US, that hydrogen and derivative offtake is the main challenge facing...
New Delhi: Essar Power Limited, India’s first private sector independent power producer, has appointed Ankur Kumar as the Chief Executive Officer of its Renewables Business Division, in a move to bolster its commitment to green energy.Ankur Kumar, previously the CEO at ACME Solar Holdings Pvt. Ltd., brings over two decades of experience in renewable...
Hydrogen And Fuel Cell News Flash For April 11, 2024 - FuelCellsWorks Press enter to begin your search error: Alert: Content is protected !! We use cookies to ensure that we give you the best...
In a big week for hydrogen, funds have flooded into research projects – including one that could solve a major problem standing in the industry’s way. Of most note, Fortescue officially opened its major electrolyser manufacturing facility in Gladstone and the Australian Renewable Energy Agency handed out research funding.For those who haven’t been paying attention, Fortescue’s new 15,000sq...
Led by Big Oil and other polluters, a massive lobbying campaign is underway to ensure that “clean hydrogen” is defined as laxly as possible. The largest single target of this lobbying blitz is the 45V hydrogen tax credit, passed as part of the Inflation Reduction Act and expected to cost taxpayers hundreds of billions over the next...