Hydrogen Subsidies

New green hydrogen subsidies and auction rounds on the table in UK ‘action plan’

New green hydrogen subsidies and auction rounds on the table in UK ‘action plan’

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...

“After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies”

“After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies”

Even with hefty subsidies to produce hydrogen, it’s not clear that enough buyers will emerge. Around the world, hydrogen companies have canceled several major projects over the last few years because of lack of demand. Steel makers and electric utilities that might have interest in the fuel often balk at the costly equipment required to use it.“These new rules will probably help, even if they...

German state raises green H2 subsidies amid funding cuts

German state raises green H2 subsidies amid funding cuts

The German state of Saxony-Anhalt has announced €87 million ($102m) in new green hydrogen subsidies, targeting the central German mining area. The state’s energy ministry on Thursday launched two separate funding calls, with funds made available from the European Just Transition Fund (JTF). The first, “Green Hydrogen: Electrolysers” funding pot, has earmarked €58m to support the...

Blue hydrogen’s carbon capture boondoggle

Blue hydrogen’s carbon capture boondoggle

Legislators looking for a bipartisan issue should focus on blue hydrogen. IEEFA’s latest analysis shows that the process, which uses methane gas with carbon capture to produce a supposedly cleaner fuel, is a lose-lose proposition that would cost billions of dollars in subsidies for essentially zero environmental benefit. It is an...

From Hydrogen Hope To EV Reality: How Hype’s Subsidy Bubble Burst

From Hydrogen Hope To EV Reality: How Hype’s Subsidy Bubble Burst

Hype, once celebrated as a poster child for hydrogen mobility in Europe, has abandoned hydrogen as its primary fuel source, and has pivoted to solely electric vehicles for taxis. This pivot should not surprise anyone who has been closely tracking the consistent and inevitable collapse of hydrogen-powered transportation ventures around the globe. The story behind Hype’s decision to abandon...

Steelmaker retreats from clean energy plans as hydrogen costs and politics shift

Steelmaker retreats from clean energy plans as hydrogen costs and politics shift

Cleveland-Cliffs is scaling back plans to build the nation's first green steel plant in Ohio, pivoting away from hydrogen and back to fossil fuels as federal incentives face repeal and political winds change in Washington.Alexander C. Kaufman reports for Canary Media.In short:Cleveland-Cliffs was set to retrofit its Middletown, Ohio, mill with hydrogen-ready equipment and electric melting furnaces,...

‘Realistic’ political strategy needed for green hydrogen market ramp-up – report

‘Realistic’ political strategy needed for green hydrogen market ramp-up – report

A robust political strategy based on realistic expectations for hydrogen production is needed as demand for the gas remains low due to its high costs and other factors, researchers at the Potsdam Institute for Climate Impact Research (PIK) said. More than 60 countries have developed industrial market ramp-up strategies for hydrogen in recent years, but in 2023, less than 10 percent of the originally...

Land clearance underway for massive multi-gigawatt green hydrogen project in Brazil

Land clearance underway for massive multi-gigawatt green hydrogen project in Brazil

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...

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