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...
Summary Big team working on liquid hydrogen refueling project called GOLIAT, receiving $11.8m funding over 4 years from the EU. Initiative aims to demonstrate safe and reliable use of liquid hydrogen in airport operations for zero-emission flights by 2050. Hydrogen has high energy potential for aviation and can be used for propulsion or as synthetic fuel, offering a sustainable future for...
Finland with high potential to produce green hydrogen for central Europe – report. There is a significant potential in the northern Baltic states, especially in Finland, to produce green hydrogen for export to central Europe, said a report by certifier and consultancy DNV, which was commissioned by gas grid operator Gascade. In Finland, the export potential is 70 TWh of...
As the world came together in Glasgow to address issues related to climate change, discussions paved the way for policy and innovative technologies to create a net-zero carbon future Carlos Garcia, Federal Policy Manager, Bloom Energy at COP26 We have been searching for answers to problems like deforestation, rising sea levels, an increasing prevalence of severe...
WHAT IS AT STAKE FOR CLEAN ENERGY, PER WOOD MACKENZIE: Another Trump administration would put $1 trillion in clean energy funding at risk, according to a new report from data analytics firm Wood Mackenzie. The report outlines how a Trump presidency could mean an immediate halt to the decarbonization efforts launched by President Joe Biden, with possible cuts to incentives for electric vehicles, green...
Fri, 10th May 2024 Article tags EnergyEuropeCountry AnalysisEnergy What’s happened? The European Commission has announced the results of its first auction to allocate subsidies for renewable hydrogen production projects, awarding a total of €720m, of which more than €590m went to projects in Spain and Portugal. Two projects in Norway and Finland...
The European Hydrogen Bank recently announced the winners of its first competitive auction to provide financial support for renewable hydrogen projects. Among them, Spain-based DH2 Energy’s Hysencia project attracted a great deal of interest for its commitment to green hydrogen production. This announcement testifies to the growing importance of renewable hydrogen in Europe’s...