Green Hydrogen

Hydrogen markets face reality check in 2026 as policy and demand reshape investment

Hydrogen markets face reality check in 2026 as policy and demand reshape investment

Investment momentum shifts away from Europe’s green hydrogen framework toward low carbon alternatives. Several Middle East export projects expected to be cancelled or scaled back as demand weakens. India and ammonia cracking projects emerge as critical tests for commercial viability. The global hydrogen sector is heading into a decisive year, with 2026 set to expose the gap between...

OMV secures up to €123 million in funding for green hydrogen plant in Austria

OMV secures up to €123 million in funding for green hydrogen plant in Austria

Austria's energy group OMV has secured up to €123 million (around $143.6 million) in production support for a planned green hydrogen plant in eastern Austria after signing a funding agreement with state development agency Austria Wirtschaftsservice GmbH, the company said Thursday.The 140-megawatt plant is scheduled to begin operations at the end of 2027 and is expected to rank...

The breakthrough that finally makes green hydrogen cost-competitive – Oil & Gas 360

The breakthrough that finally makes green hydrogen cost-competitive – Oil & Gas 360

(Oil Price) – For decades, green hydrogen has been touted as the “next big thing” in clean energy technology, with particularly promising potential applications in hard-to-abate sectors like transport, steelmaking, and shipping. However, the long-predicted green hydrogen renaissance has never come to fruition due to several factors, including the prohibitively high cost of production and...

Duke Energy Claims to Have First “100% Green Hydrogen” Power

Duke Energy Claims to Have First “100% Green Hydrogen” Power

Duke Energy breathlessly announced the launch of the DeBary Hydrogen Production Storage System, claiming to be the first U.S. project to demonstrate an end-to-end process for producing, storing, and combusting 100% green hydrogen. Located in Volusia County, Florida (near Daytona Beach), the facility uses solar energy to power electrolyzers that extract hydrogen from water. This stored hydrogen then...

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