Hydrogen Subsidies

South Korea slashes fuel costs for hydrogen buses by 22% with huge subsidy increase

South Korea slashes fuel costs for hydrogen buses by 22% with huge subsidy increase

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...

Significant hydrogen subsidies announced in Czechia

Significant hydrogen subsidies announced in Czechia

Czechia can start producing low-carbon hydrogen. Environment Minister Petr Hladík announced the launch of a new funding scheme from the Modernisation Fund to support the production and use of hydrogen produced from renewable sources. Three billion korunas (120 million euros) are available for the construction of new electrolysers.“We see hydrogen, produced using renewable energy, as the emission-free...

France’s Lhyfe receives €149M subsidy from the French government; here’s why

France’s Lhyfe receives €149M subsidy from the French government; here’s why

Based out of Nantes, France, Lhyfe specialises in the production of green and renewable hydrogen. Recently, the French Prime Minister has officially confirmed a €149M grant for its future green hydrogen production plant located near the Grand Canal of Le Havre. The facility is expected to reach a capacity of up to 34 tonnes per day. Named “Green Horizon”, the project was selected in 2022...

Shapiro rolls out plan to fast-track and subsidize power plants, hydrogen projects

Shapiro rolls out plan to fast-track and subsidize power plants, hydrogen projects

Gov. Josh Shapiro said Thursday that he wants to fast-track big energy projects in Pennsylvania and offer hundreds of millions of dollars in tax breaks for projects that provide electricity to the grid and make hydrogen.Shapiro's announcement comes a few days before he delivers his third budget proposal to lawmakers amid an energy crunch that threatens to raise electricity bills across...

Hydrogen electrolyser manufacturers in EU to be offered up to €175m of direct subsidies for new factories: leaked document

Hydrogen electrolyser manufacturers in EU to be offered up to €175m of direct subsidies for new factories: leaked document

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...

Influential leader of US Department of Energy’s hydrogen division resigns after almost 15 years in post

Influential leader of US Department of Energy’s hydrogen division resigns after almost 15 years in post

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...

Hydrogen Incentives ‘Critical’ for Now

Hydrogen Incentives ‘Critical’ for Now

Policy uncertainty may be clouding new energies pathways in the U.S., but some energy powerhouses appear to still have a line of sight to lower-carbon solutions while acknowledging headwinds. Speaking during quarterly earning calls, Exxon Mobil Corp. and Chevron Corp. executives addressed continued pursuits of carbon capture and storage (CCS) and hydrogen. Both are considered key components of...

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