POWER Digest [July 2024]

Economics Could Bring Early Closure for Slovenia Coal-Fired Plant. Slovenian Prime Minister Robert Golob in May said the Termoelektrana Šoštanj (TEŠ) facility, the country’s only remaining coal-fired power plant, and its accompanying mine could shut down earlier than the scheduled closure date of 2033. Golob said the plant would go offline “not because of politics, not because of the climate,...

Island Transit gets $15M for hydrogen buses

Buses that run on the most abundant element in the universe may be traveling the roads of Island County in the not-so-distant future. Island Transit got word this week that it will receive a $14.96 million federal grant to purchase 12 hydrogen fuel cell buses and the necessary fueling infrastructure. The project will support Island Transit’s commitment to moving toward a...

Hydrogen Subsidy Worth Billions Includes Strict Green Rules

Billions of dollars in hydrogen-industry subsidies from President Joe Biden’s signature climate law will come with stringent environmental safeguards, raising concerns that strict rules will stifle production of the nascent climate-friendly fuel. Under the proposed rules laid out Friday, the new clean-hydrogen tax credit won’t benefit existing nuclear power plants, which is a blow to reactor owners...

PIF Looks to Lift Economic Diversification by Igniting Hydrogen Production (GlobalSWF) Global SWF

Saudi Arabia’s Public Investment Fund (PIF) is planning to bolster hydrogen production by turning a little known subsidiary, the Energy Solutions Company (ESC), into a national champion, adding to its large and growing suite of industrial subsidiaries that seek to diversify the Kingdom’s economy, according to MEED.ESC has operated quietly since it was formed. Its only...

Scatec and Fertiglobe sign 20-year hydrogen contract in Egypt

Scatec ASA and Fertiglobe have reached a major milestone in Egypt’s green hydrogen project. This project, developed in partnership with Orascom Construction, the Sovereign Fund of Egypt and the Egyptian Electricity Transmission Company, aims to produce renewable hydrogen to power the production of green ammonia. The sales agreement was signed at the Egypt-EU Investment Conference in Ain Sokhna.The...

‘Green hydrogen is triple the cost of grey in Europe — and doubling carbon taxes will not close the gap’: study

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Poland unveils hydrogen strategy – pv magazine International

The Polish government has outlined its main objectives for the development of hydrogen, while Tyczka Hydrogen says a damaged compressor from Maximator Hydrogen caused a recent incident at one of its filling stations in Germany. July 12, 2024 Sergio MatalucciPoland has released a strategic document outlining its main objectives for the development of hydrogen, by creating incentives in the energy,...

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