Hydrogen Subsidies

Aftermath of the H2 subsidy scandal sees Werner Diwald step down as DWV boss

Aftermath of the H2 subsidy scandal sees Werner Diwald step down as DWV boss

This is according to a report in the German business magazine Capital. Association head Werner Diwald was and is one of the much-mentioned players in the so-called ‘hydrogen affair’ surrounding Klaus Bonhoff, who was dismissed in 2024 and was previously head of the Department for Policy Issues at the Ministry of Transport. In the course of the political investigation into the affair, the German...

Japan’s Hydrogen Society Promotion Act comes into effect | White & Case LLP

Japan’s Hydrogen Society Promotion Act comes into effect | White & Case LLP

Further to its enactment and promulgation in May 2024, the Hydrogen Society Promotion Act (the "Act")1 – Japan's first law regulating businesses relating to hydrogen and its derivatives – came into effect on October 23, 2024. On the same day, both METI2 and JOGMEC3 launched their respective webpages dedicated to the Act. The overarching goal of the Act is to facilitate the expansion of the use of...

UK poised to award first green hydrogen subsidies following Labour budget – S&P Global

UK poised to award first green hydrogen subsidies following Labour budget – S&P Global

UK poised to award first green hydrogen subsidies following Labour budget – S&P Global The UK is preparing to award GBP2.3 billion ($3 billion) in revenue support to 11 green hydrogen projects totaling 125 MW, after the finance ministry confirmed the funding in the new Labour government’s first budget on Oct. 30. The projects will provide hydrogen to at least 35...

Hydrogen: Luring investment in Aussie projects a tough ask: Madeleine King

Hydrogen: Luring investment in Aussie projects a tough ask: Madeleine King

Tokyo | Resources Minister Madeleine King conceded attracting overseas investment for local hydrogen projects is an uphill battle in the face of global subsidies, during a trip to Japan to talk up investment in Australia’s clean energy projects.Ms King last week met with representatives of Japanese energy and trading firms, including Inpex and JPEX, on the sidelines of an Australia-Japan joint...

Eight European hydrogen electrolyser makers awarded EU grants from €4.8bn funding pot to boost local manufacturing

Eight European hydrogen electrolyser makers awarded EU grants from €4.8bn funding pot to boost local manufacturing

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...

EU approves €998 million for Dutch green hydrogen

The European Commission has approved a whooping €998 million Dutch subsidy to ramp up green hydrogen production. The Dutch government plans to scale up to 3-4 gigawatts by 2030, aligning with EU climate goals. A competitive bidding system for subsidies is in place to ensure efficient fund allocation and rapid expansion of green hydrogen infrastructure. Substantial support for the European Green...

‘We continue to see strong sales in electrolysers — but problems persist with the green hydrogen market’: Thyssenkrupp Nucera

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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