‘It’s dead’: Green hydrogen funding slashed as Labor budget prioritises fossil fuels Sky News Australia Source link...
Funding Hydrogen
Representational image. Credit: Canva The European Commission has selected nine hydrogen production projects across seven countries under the third auction of the European Hydrogen Bank (EHB), allocating approximately €1.09 billion in funding through the Innovation Fund to accelerate Europe’s clean hydrogen transition and industrial decarbonisation. The selected...
2026-05-11T09:26:00 Hydrogen electrolyser company, Spiral Hydrogen has secured €2.7 million in pre-seed funding and a further €700,000 grant to advance hydrogen production technology at the Port of Rotterdam. The investment, backed by byFounders, Norrsken Evolve and Superangel, will support deployment of its first pilot...
Two Norwegian hydrogen companies have been awarded a total of NOK 1.35bn (EUR 123.9m) in EU funding, according to Enova. The two companies, GreenH and Gen2 Energy, will produce emission-free hydrogen to be used as fuel for ships. ”This is very good news for the Norwegian hydrogen industry. When Norwegian companies succeed in the competition for EU funds, it shows that we have expertise and technology...
image: ©imaginima | iStock The European Union has awarded more than €1 billion in funding to nine hydrogen production projects across Europe The funding has been provided through the European Hydrogen Bank’s third auction and is designed to accelerate the EU’s transition away from fossil fuels and strengthen energy independence. The selected projects are spread across...
Funding will be provided to nine projects aimed at strengthening industry and energy security The European Commission (EC) has allocated over €1 billion to the development of hydrogen energy, selecting nine projects as part of the European Hydrogen Bank’s third call for proposals. The initiative aims...
May 9, 2026 Nel ASA has unveiled its latest pressurized alkaline electrolyzer system. The Norwegian firm indicated that this platform represents a novel methodology for hydrogen generation, intended to streamline project implementation while boosting cost-effectiveness, operational efficiency, and expandability. Nel stated it can reach an estimated complete...
The future of hydrogen in EuropeThe European Climate, Infrastructure and Environment Executive Agency (CINEA) will now begin formal grant agreement preparations with the nine selected projects, with signatures expected in the final quarter of 2026.Selected projects must reach financial close within two and a half years of signing and enter operation within five years, backed by a completion guarantee to...
Institute for Energy Economics and Financial Analysis has warned that Germany risks wasting tens of billions of euros by overestimating future hydrogen demand.The report argues that Germany’s hydrogen infrastructure plans are based on projections that may not materialise, as electrification and cheaper alternatives reduce hydrogen use across industry, heating, transport and power...
Brussels, 7 May 2026 Today, the European Commission has selected nine hydrogen production projects under the third auction of the European Hydrogen Bank (EHB). Across seven countries in the European Economic Area, the projects are expected to provide almost 1.1 giga-watts of electrolyser capacity and produce over 1.3 million tonnes of hydrogen over their first...