Hydrogen Bank

Deutsche ReGas gets EU funding for Lubmin hydrogen project FRANKFURT, May 21 (Reuters) – Deutsche ReGas on Wednesday said it will receive 112 million euros ($126.97 million) worth of public grants from the European Union’s Hydrogen Bank for a renewable hydrogen project at Lubmin on Germany’s Baltic Sea coast. The grant comes under EU funding schemes to promote...

ExxonMobil signs offtake agreement to ship vast amounts of blue hydrogen-based ammonia from US to Japan  Hydrogen Insight Source link...

Less than 20% of the EU’s planned hydrogen project pipeline is expected to be realized by 2030 without urgently addressing critical points that create a widening gap between ambition and reality in Europe’s hydrogen sector, according to the latest report from energy market research and consultancy firm Westwood Global Energy.Illustration purposes only; Courtesy of the European...

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source...

Double win for Norwegian Hydrogen at Rjukan with funding offers from both the EU Hydrogen Bank and Innovation Norway Norwegian Hydrogen wins the EU Hydrogen Bank auction for its green hydrogen project at Rjukan in Norway. EU has offered to support the project with up to EUR 13.2 million. This marks a significant step forward in the European Union’s ambition to scale up...

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 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...

Brenmiller secures $28m funding for e-methanol project in Spain  Quantum Commodity Intelligence Source link...

- Cyprus Shipping News  Cyprus Shipping News Source link...

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...