Hydrogen Bank

In the EU, 15 projects will receive €1 billion for green hydrogen production

In the EU, 15 projects will receive €1 billion for green hydrogen production

The European Commission has selected 15 renewable hydrogen projects that will receive €992 million in budget funding. The EU's central executive body announced this on its official website. Projects in 5 countries will receive funds for implementation. It is expected that they will produce a total of almost 2.2 million tons of renewable hydrogen over 10 years. This will avoid more...

Northwest European Hydrogen Monitor 2025: IEA Report

Northwest European Hydrogen Monitor 2025: IEA Report

Northwest Europe is at the forefront of low-emissions hydrogen1 development. This region accounts for around 40% of Europe’s total hydrogen demand, and it has vast and untapped renewable energy and carbon storage potential in the North Sea. It also has a well developed, interconnected gas network that could be partially repurposed to facilitate the transmission and distribution of low emissions...

EU Drops Nearly €1B On Green Hydrogen—Norway And Spain Take The Lead – Hydrogen Fuel News

EU Drops Nearly €1B On Green Hydrogen—Norway And Spain Take The Lead – Hydrogen Fuel News

Hydrogen Bank Unleashes €992M in Clean Fuel Cash—But Can Europe Scale Fast Enough?The European Commission just dropped nearly €1 billion into the green hydrogen pot, backing 15 ambitious projects across Europe. Spain came out ahead with eight awards, followed by Norway with three, and one each for Germany, Finland, and the Netherlands.The cash is going into electrolysis setups powered by new...

Deutsche ReGas lands taxpayer funding for Lubmin hydrogen project

Deutsche ReGas lands taxpayer funding for Lubmin hydrogen project

The funding was awarded in a 992-million-euro auction, the second for the Hydrogen Bank, in which 15 projects from five countries were awarded money, ReGas said in a statement.ReGas is a private developer and operator of energy infrastructure, including floating storage and regasification units and hydrogen electrolysers. Source link...

Brussels approves Spanish state plan for renewable hydrogen

Brussels approves Spanish state plan for renewable hydrogen

Julio García The European Commission has approved, in accordance with EU state aid rules, a €400 million Spanish state aid program to support renewable hydrogen production. According to the Commission’s announcement Tuesday, the plan will contribute to the Clean Industrial Pact objectives of accelerating the decarbonization of EU industry while strengthening its competitiveness. In this...

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