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…
Advait Energy Transitions Limited (AETL) has formalized a Memorandum of Understanding (MoU) with Haryana City Gas Distribution Limited for the development of a 2000 metric tonnes per annum (MTPA) green hydrogen plant. The initiative signals a push towards establishing a sustainable energy framework and could bolster the industrial adoption of green hydrogen applications. Data from the International Energy Agency (IEA) underscores the promising trajectory of green hydrogen. Globally, green hydrogen production, through methods such as electrolysis powered by renewable energy, is set to reach approximately 29 million tonnes annually by 2030. However, it must combat challenges, notably scalability and cost-efficiency.…
Danish developer has reportedly secured land for what is projected to be one of Africa’s largest green hydrogen projects, located in Mauritania.
H2Terminals has inked a Memorandum of Understanding (MOU) with Cadent to facilitate the supply of hydrogen through a strategic pipeline located in East London.
