Hydrogen Bank

Understanding hydrogen in the EU | Global law firm

Understanding hydrogen in the EU | Global law firm

Introduction Green Hydrogen has been a central pillar of the EU’s energy and climate neutrality strategy since the adoption of the EU Hydrogen Strategy in 2020. This strategy set ambitious targets: by 2030, the EU aims to install at least 40 GW of renewable hydrogen electrolysers and produce up to 10 million tonnes of renewable hydrogen within the EU.  The strategic importance of...

Who Really Controls Nigeria’s Digital Wallet?

Who Really Controls Nigeria’s Digital Wallet?

Advertisements In Nigeria, everyone talks about “who dey run am” when money changes hands. But the thing is that whether you’re buying suya at midnight or settling bulk payments for your logistics company, chances are, you’ve no idea who is actually moving your money behind the scenes. While we argue over fuel prices and debate which...

The EU authorizes Spain to dedicate up to 400 million euros to the production of renewable hydrogen within the European Hydrogen Bank’s auction scheme

The EU authorizes Spain to dedicate up to 400 million euros to the production of renewable hydrogen within the European Hydrogen Bank’s auction scheme

These national grants will subsidize projects in Spanish territory preselected in the second auction as a service that were left out when the community budget was exhausted. The European Commission today authorized the government to allocate a maximum of €400 million in direct aid to renewable hydrogen production projects on Spanish soil that have...

Australian oil and gas giant formally scraps US green hydrogen project

Australian oil and gas giant formally scraps US green hydrogen project

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...

Spain dominates hydrogen auction but the system still falls short on long-term viability

Spain dominates hydrogen auction but the system still falls short on long-term viability

The second auction of the European Hydrogen Bank (IF24), led by the European Commission, awarded €992 million to 15 projects across five countries, with Spain emerging as the standout. Eight of these initiatives —more than 50% of the total— will be developed on Spanish soil, securing €292 million and 891 MW of installed capacity, equivalent to 38% of the total awarded...

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