Germany Launches €220M Funding for Hydrogen Stations Fuel Cells Works Source link...
Hydrogen Subsidies
China announces first eight green methanol and ammonia pilot projects to receive state subsidies Hydrogen Insight Source link...
British utility Scottish Power has decided to pause development of its renewable hydrogen projects in the UK, despite having already signed final subsidy agreements for two facilities in Scotland."Green hydrogen production faces challenging conditions and a limited route to market despite extensive efforts to support the new and emerging technology," the company told Argus. "Whilst we continue to be...
India announces seventh winner of its green hydrogen-based ammonia auction — and the first to have won two bids Hydrogen Insight Source link...
In April, the UK took steps forward on the second round of its programme to spur renewable hydrogen production, but excitement was tempered by the government tacitly trimming the ambition level of the scheme. And while London has finally started signing contracts-for-difference (CfDs) with the winners from the first round held in 2023, this has hardly triggered the wave of final investment decisions...
The winner of the European hydrogen bank's largest subsidies will not take up the funding because the project cannot meet timelines set by the EU, one of its developers has told Argus.Swedish utility Vattenfall and Danish investment fund Copenhagen Infrastructure Partners earlier this year won €246.6mn ($287mn) in the hydrogen bank's second round, for their 500MW Zeevonk electrolysis project in the...
Austrian group OMV has signed a funding agreement with the state for its green hydrogen project in Bruck an der Leitha. The 140 MW plant is expected to produce up to 23,000 tons annually from late 2027. OMV and Austria Wirtschaftsservice GmbH (aws) have concluded an agreement guaranteeing production subsidies of up to €123 million for the future green hydrogen plant in Bruck an der...
As Congress seeks to pare government spending, the fate of the energy tax credits created by the Inflation Reduction Act (IRA) is uncertain. Which tax credits might be up for repeal or rescission is a matter of speculation, negotiation, and fierce lobbying. Among the many tax credits at issue is the 45V tax credit for producing clean hydrogen. Critics have decried the tax credit as just...