In our Editor’s Choice feature, we present a curated selection of the most impactful stories and insights from the hydrogen energy sector in 2024.
These highlights not only showcase the achievements within the sector but also address the challenges and opportunities that lie ahead in the transition to a sustainable energy future.
BP Shelves Hydrogen Projects
BP is in the news for its strategic decision to halt 18 hydrogen projects. This move is part of a larger effort to trim $2 billion in costs. These projects were in the early stages of development. BP’s shift reflects its re-evaluation of investments, aiming to focus resources more effectively.
Gasunie and Storag Etzel to Develop Hydrogen Storage in Germany
Gasunie and Storag Etzel, in collaboration with Patrizia, have unveiled plans to develop hydrogen storage caverns within the Etzel salt dome in Lower Saxony, Germany.
Engie Cancels Belgian Hydrogen Project
Engie has decided to cancel its ambitious green hydrogen-to-synthetic methane project in Belgium. This decision stems from concerns about the project’s viability and financial sustainability. The project initially aimed to create synthetic methane by using green hydrogen.
EU Backs Zero-Emission Mobility with Over €424 Million Funding for New Projects
The European Commission plans to support 42 new alternative fuels infrastructure projects. The projects to receive over €424m from the EU cover a diverse range of areas, from hydrogen refuelling stations to the electrification of airports.
Controversy Surrounds Planned Hydrogen Factory in Zurndorf
The decision by the Federal Administrative Court to reject complaints against the planned hydrogen factory in Zurndorf has sparked controversy. The ÖVP expressed fears that the factory’s operations could lead to a significant water shortage in the region.
Shell Cancels Norwegian Hydrogen Project
Shell has decided to cancel its plans to build a low-carbon hydrogen plant on Norway’s west coast. This decision comes after years of planning and is mainly due to a lack of sufficient demand for blue hydrogen.
Gasunie’s €8 Billion Bet on Hydrogen and Green Gas
Gasunie will invest nearly eight billion euros by 2030 aimed at advancing the transport and storage of hydrogen, CO2, heat, and green gas. Gasunie asserts that natural gas will remain essential for the next few decades as a supplement to green energy.
Green Hydrogen Systems Faces Layoffs
Danish green hydrogen company, Green Hydrogen Systems, has announced significant job cuts due to slower-than-expected market development.
The company specializes in creating technology that produces green hydrogen.
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