Reliance Industries (RIL), Tata Motors, and Indian Oil Corporation (IOC) are set to be the primary bidders for the government's experimental project involving green/grey hydrogen (H2) in the transportation sector. This initiative aligns with the government's goal to decarbonize the Indian economy, lessen reliance on fossil fuel imports, and position India as a leader in green hydrogen technology and...
1. Certification overview Our previous article, When is H2 = RFNBO? Renewable hydrogen and “green” e-fuels in the EU (Part 1), provided an overview of the requirements to be met under RED II1 and the Delegated Acts2 to enable e-fuels, particularly hydrogen and its derivatives, to qualify as a renewable fuel of non-biological origin (RFNBO) in the regulatory regimes of the European Union (EU)...
The Danish government, as well as seven opposition political parties, have today agreed to finance a hydrogen pipeline network — if five conditions can be met. The four-page agreement, entitled Economic framework conditions for hydrogen infrastructure, creates the financing framework and regulations for a future “hydrogen backbone” on the Jutland peninsula (ie, the part of Denmark connected to...
A solar panel manufacturer that’s laying off workers. A battery maker that spurned Europe for American subsidies. A green hydrogen project stalled for lack of electricity.These are a handful of the early results from the European Union’s Innovation Fund, a €40 billion ($43 billion) investment vehicle at the core of Europe’s plans to overhaul its economy to be zero-carbon by the middle of the...
India has the potential to attract $ 125 billion as cumulative investments across the green hydrogen value chain by 2030, investment bank Avendus Capital says.In a recent report ‘Green Hydrogen – the next frontier in energy transition’, Avendus underlines the decarbonisation potential of green hydrogen and the role it could play in India’s transition to a greener economy. “This growth will be...
Oman is quietly positioning itself as a global hub for green hydrogen exports, as many countries in the Middle East turn to the clean fuel as a way to transition to a more sustainable energy future.The sultanate, better known as an oil exporter and a regional tourist destination, is developing several large green hydrogen projects that aim to decarbonise its industries and export low-carbon ammonia to...
Estonian hydrogen tech company Elcogen has raised a total of €140 million in its latest funding round. Green hydrogen production in particular is a burgeoning area.American company Baker Hughes has joined Elcogen as a strategic investor, with the aim of continuing the development and scaling of solid oxide technology.Elcogen's solid oxide technology-based factory will be built close to the Iru...
Canada and Germany agreed measures to kickstart the trade of hydrogen, which is seen as a clean-energy alternative to dirtier fossil fuels.Both nations will contribute €200 million ($217 million) in funding for bilateral hydrogen auctions, German Economy Minister Robert Habeck told reporters in Hamburg after meeting with his Canadian counterpart. The auctions will fall under a platform known as...
BERLIN (Reuters) - Germany's ruling coalition on Friday agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy. Many countries are betting on hydrogen, which can be used in part to replace natural gas, as they seek to decarbonise...
The US Treasury's proposed guidelines on green hydrogen production, published in December, call for three requirements or "pillars" that will ensure H2 is truly green and will not lead to increased emissions: additionality, temporality, and deliverability.“Additionality” means that the green hydrogen would have to produced from new renewables projects, so that they do not utilise existing clean...