Hydrogen Bank

EU Commission kick-starts work on a new pilot mechanism to boost the hydrogen market

The EU Commission is taking further steps to support the development of the European hydrogen market by launching work on a pilot mechanism, News.az reports citing the European Commission website. The new mechanism was created under the recently adopted decarbonized gases and hydrogen package and aims to accelerate investments by providing a clearer picture of the market situation...

A second round of auctions for the European Hydrogen Bank

Logan King After an unusual career (3 years in the French army followed by a 3-year degree in Applied Foreign Languages), it was my passion for environmental issues that finally caught up with me and led me to join Seiya Consulting and H2 Today in June 2022. First as an end-of-study internship, then as Marketing & Communication Manager and...

Enagás highlights Spain’s success in the first auction of the European Hydrogen Bank

    Natalia Latorre stressed that Spain is the country that has submitted the most projects, 46, out of the 132 that took part in the pilot auction of the European Hydrogen Bank. “Spain has a great opportunity to lead the development of hydrogen”, she said while participating in the round table “Green hydrogen and other energies of the future”, together with Sara Aagesen, Secretary of...

Policy Pillar: Europe focuses on hydrogen imports ahead of pivotal 2024 elections | Policy

Seldom grabbing hydrogen policy headlines, Europe has gone from strength to strength in recent years on its drive to secure global hydrogen leadership.The first pilot Hydrogen Bank round, offering €800m ($826m) to support renewable hydrogen producers with up to €4.5/kg ($4.85), has attracted over 130 projects. European Commission President, Ursula von der Leyen, also revealed plans for a second...

EU to launch 2nd green hydrogen auction in spring – pv magazine International

As the European Union launches the first pilot auction this week, it also announces it will double down in spring, while also supporting a collaboration with Brazil for the construction of a production facility to be used in Croatia. November 21, 2023 Sergio MatalucciThe European Union is launching this week the first auction of the European Hydrogen Bank, backed by €800 million in European...

The European Hydrogen Bank – Europe’s latest effort to enable the continent’s hydrogen revolution – Clean Air Task Force

In September 2022, European Commission President Ursula von der Leyen pledged to create a “European Hydrogen Bank” in her State of the Union speech. Further details about the Bank, its tasks and structure were laid out in the European Hydrogen Bank communication in March this year and in August the Commission released the terms and conditions for the initial European Hydrogen Bank...

EU hydrogen and sustainable fuel policies

The EU has identified in particular renewable (green) hydrogen and other sustainable fuels as key components to achieve its goal of climate neutrality by 2050. In 2020, the European Commission published its EU Hydrogen Strategy with the goal to initiate a market ramp-up of hydrogen, in particular by increasing electrolyser capacities in Europe. These goals were expanded in 2022 by the REPowerEU Plan as...

The European Commission | European Hydrogen Bank

  The renewable hydrogen produced by the selected projects will be used in sectors such as steel, chemicals, maritime transport, fertiliser production and more. Moreover, these projects will employ alkaline, proton exchange membrane (PEM) electrolysers, or a combination of both.  Out of 132 bids, 119 proposals were considered eligible and admissible. After being evaluated by the implementing...

EU opens bidding on landmark €800m European Hydrogen Bank auction

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 link...

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