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Author: Anela Dokso
Enagás, the technical operator of gas infrastructure in Spain, has announced ambitious plans to allocate almost 80% of the €4 billion planned in investments to the transition to green hydrogen. This move underlines both the environmental aspirations of the energy sector in Europe and the challenges inherent in the change. The projects are intended to consolidate Spain’s role as a leader in hydrogen technology, aligning with the growing global demand for cleaner energies. The data speak for themselves; the International Renewable Energy Agency estimates that hydrogen could provide up to 10% of the world’s energy by 2050. However, the necessary…
India has launched a significant 1 GWh battery tender, marking a pivotal step towards bolstering its renewable energy infrastructure. This initiative aligns with the country’s broader goal of achieving 500 GW of renewable energy capacity by 2030. However, the path to realizing this vision is riddled with challenges that are substantial both in scale and complexity. The tender emerges at a time when the global battery market is witnessing significant expansion. Global lithium-ion battery manufacturing capacity is set to quadruple by 2025. India’s initiative to expand its battery storage capabilities is thus in line with global trends, reflecting a need…
A recent study by the Energy Systems Integration Group (ESIG) has shed light on the strategic potential of grid-forming battery energy storage systems (GFM BESS) in elevating the grid’s capacity to host renewable energy sources like solar and wind. As the energy sector moves decisively towards inverter-based resources (IBR), the role of GFM BESS appears more critical than ever in maintaining grid reliability. The investigation into these storage systems, conducted by ESIG’s GFM BESS project team, focused on their deployment in a real transmission network scenario. The core advantage of these grid-forming controls lies in their ability to stabilize the…
The $320 Billion Question: Can the EU Fix Its Hydrogen Policy Before It’s Too Late? Interview with Matti Malkamäki Founder and Chairman of Hycamite
Matti Malkamäki, founder and chairman of Finland-based hydrogen innovator Hycamite, argues the “three pillars” principle required to make green hydrogen also low-carbon — geographic correlation, temporal matching, and additionality for renewable power used creates bottlenecks in the EU as our power grids are not clean enough yet.
Scatec ASA and Aboitiz Power Corporation have successfully secured financial support for their ambitious projects in the Philippines. With construction poised to commence imminently, the initiative marks a pivotal step toward enhancing grid stability and maximizing the efficiency of the nation’s renewable energy resources. The projects entail the integration of a 16 MW battery storage system at the existing Magat hydropower facility and a new 40 MW system at the Binga hydropower site, an expansion set to catalyze the energy sector by providing critical ancillary services. These services are increasingly central to grid management due to their capacity to stabilize…
Enagás, a leading player in the energy sector, recorded a notable loss of €299.3 million in 2024. This development arises from impactful decisions including the sale of its stake in Tallgrass Energy and unfavorable arbitration outcomes in Peru. The strategic move to divest from Tallgrass resulted in a €356.2 million financial dip due to accounting adjustments, accompanied by a €7.5 million negative tax impact. These challenges come at a time when Enagás is recalibrating its focus towards future investments in hydrogen technology by 2027. Despite the setback in overall financial performance, Enagás succeeded in reducing its net debt by €943…
Provaris Energy, an emerging player in the hydrogen shipping market, has unveiled a potentially transformative early cash flow revenue model focusing on hydrogen transportation. The company’s strategy revolves around a critical industry metric: the global hydrogen market is projected to grow from approximately $120 billion in 2020 to about $201 billion by 2025. This expansion underscores the increasing importance of finding efficient methods to transport hydrogen, a notoriously challenging element due to its low energy density and the current high costs associated with its shipment. Provaris Energy is strategically placing itself within this context by prioritizing the development of integrated…
The increasing focus on hydrogen as a pivotal component in global energy transitions requires a nuanced examination of how it is integrated into energy system models. With the international energy landscape evolving at a swift pace, hydrogen’s role is no longer speculative but rather an active element in national energy strategies. This article endeavors to dissect and critique the methodologies employed by predominant energy system models in representing hydrogen, underscoring their implications for policy formulation. Statistical data reveals that global hydrogen production currently surpasses 70 million tons annually, emphasizing its growing prominence (International Energy Agency, 2023). The integration of hydrogen…
In the volatile landscape of the hydrogen industry, recent discussions highlight a disconcerting trend: an increase in bankruptcies, restructuring, and industry challenges, particularly within the last few months.
Czech stakeholders are urging the European Union to reconsider its current hydrogen production regulations, arguing that the existing framework is predicated on overly ambitious and unrealistic expectations. The Czech Hydrogen Technology Platform (HYTEP) has released a policy paper critiquing these stringent rules, noting that the anticipated rapid roll-out of hydrogen technologies has not materialized as planned, an assertion echoed by the Czech Industry and Trade Ministry. According to Veronika Vohlídková of HYTEP, the regulations established two years prior assumed mass adoption of hydrogen technology by now, a projection that remains far from reality. Presently, HYTEP identifies three critical obstacles hindering…
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