Hydrogen Subsidies

Labor’s green hydrogen rules for $6.7 billion subsidy splits producers

Proposed rules on green hydrogen would prove “catastrophic” for the country’s clean energy export ambitions and may result in taxpayers rewarding producers for making the gas using fossil fuels, clean hydrogen advocates say.The federal government’s proposed criteria for access to $6.7 billion in subsidies has appalled those who argue that Australian standards must match strict criteria in the...

Brazilian hydrogen law sent for presidential sign-off, including lenient definition of ‘clean’ H2

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...

Hydrogen Subsidy Worth Billions Includes Strict Green Rules

Billions of dollars in hydrogen-industry subsidies from President Joe Biden’s signature climate law will come with stringent environmental safeguards, raising concerns that strict rules will stifle production of the nascent climate-friendly fuel. Under the proposed rules laid out Friday, the new clean-hydrogen tax credit won’t benefit existing nuclear power plants, which is a blow to reactor owners...

H2 Green Steel considering natural hydrogen potential when selecting new sites

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...

Spain approves €800 million in grants for hydrogen projects

Spain is striving to become a European leader in green hydrogen, using its abundant solar and wind resources to produce clean energy. The government recently approved grants totaling €794 million for seven projects considered by the European Commission to be of regional value. These projects, with a total electrolysis capacity of 652 megawatts (MW), are expected to stimulate investments in excess of 6...

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