Stegra secures €1.4 billion funding to advance completion of hydrogen-based steel production facility

Stegra secures €1.4 billion funding to advance completion of hydrogen-based steel production facility

There is a massive amount of money involved in the hydrogen initiative, which is a testament to the energy source’s profitability and attractiveness in the current landscape. In the energy industry, companies need to capitalize on certain moments because technological innovation means the industry moves extremely fast. As such, hydrogen developers are making a massive push to position...

Multi-million hydrogen plan drop-in to be held after concerns over ‘unacceptable risks and impacts’

Multi-million hydrogen plan drop-in to be held after concerns over ‘unacceptable risks and impacts’

Developer Protium says it expects 'no significant impacts', but there have been objections and 'serious reservations' from residents and councillorsCouncillors Paul and Katie Weston, Labour members of Stockton Council representing Billingham South.(Image: Tom Zagoria)People have been invited to look at plans for a multi-million-pound carbon-free fuel production plant at Haverton Hill.Protium Green...

From Green Hydrogen to NATO’s Fuel Supply

From Green Hydrogen to NATO’s Fuel Supply

ITM Power shares rally over 350% as hydrogen specialist partners with Rheinmetall for NATO synthetic fuels, secures £46.5M in UK grants, and ramps up gigawatt-scale production. ITM Power has become one of the most dramatic turnaround stories on the London market, with its shares surging more than 350% over the past twelve months. The rally, which has pushed the stock to around...

A decommissioned oil platform in the North Sea is being converted into the world’s first offshore green hydrogen plant, and the logic is to harness the wind that previously hampered drilling operations to generate electricity and perform electrolysis in the middle of the ocean, sending hydrogen through existing pipelines that previously transported natural gas to the coast of Norway.

A decommissioned oil platform in the North Sea is being converted into the world’s first offshore green hydrogen plant, and the logic is to harness the wind that previously hampered drilling operations to generate electricity and perform electrolysis in the middle of the ocean, sending hydrogen through existing pipelines that previously transported natural gas to the coast of Norway.

According to the AquaVentus consortium, the North Sea is transitioning from being merely Europe’s largest oil field to also becoming one of the continent’s main green hydrogen production hubs. The initiative brings together over a hundred companies, research institutes, and energy infrastructure operators, including Shell, RWE, Gasunie, and Equinor. The plan envisages the...

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