Letter to Ursula von der Leyen signed by 20 companies, including Nel, Thyssenkrupp Nucera, Siemens, McPhy, Topsoe and Sunfire, seen by Hydrogen InsightEuropean Commission President Ursula von der Leyen.Photo: European Union Source link...
Hydrogen Subsidies
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Some of Europe’s biggest industrial groups are urging Brussels to toughen subsidy requirements to curtail the threat to the region’s hydrogen equipment manufacturers from cheap Chinese imports. They want “made in Europe” criteria to protect the home industry as equipment...
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The U.S. Department of Energy has awarded $750 million in clean hydrogen...
US energy officials must craft incentives that cover steep upfront costs and leverage government buying power to scale up adoption of hydrogen in the power sector, ammonia production, heavy trucking, and other hard-to-decarbonize areas, industry leaders say.That input came as feedback to the Energy Department’s $1 billion program for demand-side mechanisms announced in a notice of intent this month....
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...
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...
Subsidy delays hamper Spain's green hydrogen industry, Iberdrola says XM Source link...
Contracts for Differences: This instrument has the advantage of providing price certainty to producers, offtakers, and capital markets, and therefore meets two of the program’s three goals. The difficult issues are setting the strike price (i.e., the price above which the subsidy will be provided) and the implicit lack of targeting to specific uses.Fixed Price Support: Compared to contracts for...
Germany has prepared a EUR 3 billion mechanism, and received approval from the European Commission, to support the construction of the Hydrogen Core Network of long-distance transmission pipelines and associated infrastructure. The aid will take the form of state guarantees allowing operators to obtain more favorable loans to cover initial losses. The European Commission has...