Today, the Commission published the Terms and Conditions (T&C) for its pilot auction dedicated to European renewable hydrogen production. It is an important step towards scaling up production of renewable hydrogen in the EU. The auction, funded by the Innovation Fund under the umbrella of the EU Hydrogen Bank, is intended to open on 23 November 2023. Following stakeholder consultations ongoing since...
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EU considers extending joint gas purchasing scheme to bulk-buy green hydrogen: reports Hydrogen Insight Source link...
The Commission published the final Terms & Conditions for the pilot auction to assign the first 800 million euros under the innovation fund via the Hydrogen Bank to support the scale up of European Hydrogen Production. Bellona had commented on the draft earlier this year, asking to align the rules of the Hydrogen Bank with the objectives of the Innovation Fund: decarbonising European...
BRUSSELS – A new report from Clean Air Task Force (CATF) analyses the costs of different methods for long-distance import of low-carbon hydrogen to Europe, finding that the hydrogen needed to meet demand will likely need to be produced near the point of use or imported by pipeline. “Global decarbonization efforts are expected to substantially increase demand for low-carbon...
KfW IPEX-Bank provides financing for energy security and future hydrogen infrastructure in Germany. Transmission system operator bayernets is investing EUR 210 million in the energy infrastructure in Bavaria, which will also improve Baden-Württemberg’s technical connection. KfW IPEX-Bank, Commerzbank and DZ Bank are each contributing a third of the sum. The investments...
Outcome of historic hydrogen auction soon to be announced: "This is going to be big" EnergyWatch Source link...
EU to launch clean hydrogen 'matchmaking' service for buyers and sellers in 2025 Hydrogen Insight Source link...
In the first quarter of 2024, India led activity with a surge in green hydrogen projects, comprising 58% of the total capacity announced globally, backed by government support and tender results. However, the overall capacity announced was three times less than in the previous quarter, indicating a cooling market transitioning from announcements to realization. Despite minor advancements globally,...
Hydrogen is everywhere. Credit: Rijksuniversiteit Groningen, Leoni von Ristok Green hydrogen holds many promises: it can serve as a "battery" for energy storage, it can be used in the chemical industry, and its only emission will be water vapor. But, unfortunately, green hydrogen is not yet widely used,...