ANEEL solicits strategic green hydrogen projects
A public call for innovation in strategic green hydrogen projects is being developed by the Brazilian National Electric Energy Agency (ANEEL), including a number of interested parties and industries.
The call’s objectives are to learn about the effects on the electricity sector and its externalities, identify business opportunities in that sector, suggest regulatory changes, develop technology and national solutions, establish new companies and local innovation networks of H2V, and track the nation’s progress toward certification of that vector.
There will be work opportunities and the projects can be finished in a maximum of 48 months, with a one-year extension. The first will concentrate on the development of individual parts, prototypes, or pieces of the necessary equipment, and the second will be for green hydrogen pilot plants.
In order to prepare for the strategic call, which is anticipated to be approved and published in June of this year, it is anticipated that a public consultation will be launched in March with the guidelines and public notice. According to Paulo Luciano de Carvalho, plans will be presented and evaluated until September, and their approval will be delivered in the middle of November.
Partners increase funding commitment to Sparc Hydrogen joint venture
The joint venture between Sparc Technologies, the University of Adelaide, and Fortescue Future Industries to create green hydrogen fuel, known as Sparc Hydrogen, has doubled its cash commitment.
For Stage 1 of the effort to commercially produce low-cost green hydrogen, the corporation has committed an additional $1.1 million in funding, a 50 percent increase in investment. The Flinders and Adelaide universities created the patent-pending photocatalytic water splitting technology that Sparc Hydrogen is now commercializing.
In comparison to electrolysis powered by renewable energy, the method has the potential to produce significant energy efficiency and a cost advantage due to the cheap capital and running costs. The extra money will be utilized to speed up the demonstration of the technology and boost research and development efforts.
No additional investment from the JV partners is needed because the increase in funding is planned to be completely covered by R&D tax rebates. The additional funding, according to Stephen Hunt, executive chairman of Sparc Technologies, is a clear support of Sparc Hydrogen’s environmentally friendly production method and shows how far the technology has come.
European investors to add green hydrogen to Brazil’s wind and solar complex
The state administration of Rio Grande do Norte, Brazil, met with two European investors who were interested in incorporating green hydrogen production into a plan for a 1,043.5-MW wind and solar hybrid complex in the region.
In order to formalize the agreement, the government will begin the legal processes for the signing of a Memorandum of Understanding (MoU).
The hybrid facility, which can be found in Areia Branca municipality, is being built by a nearby business called Maturati. A 231 MW wind park and an 812.5 MW solar project will be included. For the purpose of meeting demand on both the domestic and foreign markets, the investors are trying to increase green hydrogen production.
Deloitte’s presents solution proposal for implementation of hydrogen economy
The 27th Conference of the Parties (COP27) of the United Nations Framework Convention on Climate Change (UNFCCC) focused on clean hydrogen, an industry where carbon reduction is challenging and the future energy industry is projected to play a major role.
“Deloitte’s Solution Proposal for the Implementation of the Hydrogen Economy (Hydrogen: Making it happen)” was released in Korean by the Korean Deloitte Group (CEO Hong Jong-seong) to promote clean hydrogen supply and reduce carbon emissions.
Decarbonization efforts have increased interest in clean hydrogen. It’s supposed to boost employment and cut greenhouse gas emissions. By 2030, the EU expects 10,000 direct and indirect employment per billion euros invested.
The roadmap is unclear and clean hydrogen for the hydrogen economy transition is insufficient. The International Energy Agency’s (IEA) net-zero emission scenario by 2050 requires three times the current clean hydrogen supply. Deloitte’s analysis addresses hydrogen production, demand, economies of scale, and hub creation.
South-eastern Lower Saxony hydrogen region launches
The South-eastern Lower Saxony hydrogen region launched in the Helmstedt Start-up and Business Centre with 75 regional firms and institutions.
They’re pushing hydrogen’s future. They establish regional strategic synergy by merging local ideas. To boost area economy.
The HyExpert projects discussed the “HyLand – Hydrogen areas in Germany” funding initiative and the North German hydrogen plan. Participants focused on umbrella brand development, regional hydrogen value chains, and hydrogen car refueling infrastructure.
In December 2022, HyExpert funded the “South-eastern Lower Saxony hydrogen region” initiative. The principal local authority is Helmstadt, Wirtschaftsregion Helmstedt GmbH, Allianz für die Region GmbH, the Fraunhofer Institute for Surface Engineering and Thin Film IST, and IAV GmbH. These partners seek to create a holistic vision by year’s end.
Then, participants discussed umbrella brand development, regional hydrogen value chains, and hydrogen car refueling infrastructure. They highlighted the benefits of an umbrella brand and office, regional value chain generation potential, and hydrogen-powered vehicle problems. Ideas were categorized and assessed. Three more workshops will use the data to further investigate these concerns and build regional solutions.
European Investment Bank and IREDA discuss hydrogen projects financing
Shri Pradip Kumar Das, Chairman & Managing Directors (CMD), Indian Renewable Energy Development Agency Ltd (IREDA), and Maria Shaw-Barragan, Global Director, European Investment Bank (EIB), met at IREDA’s corporate office to discuss green hydrogen project financing.
Commenting on the potential collaboration, Shri Das said, “IREDA is committed to supporting the growth of Renewable Energy in India through financing, and we will be happy to be partnering with the European Investment Bank to achieve our climate goals. This collaboration will provide much-needed support for the development of Renewable Energy and Green Hydrogen projects in India, helping to open up new opportunities for the country’s citizens and advancing the Government of India’s goal of achieving 50% of its installed energy capacity from non-fossil fuels by the year 2030.”
The CMD of IREDA also emphasized the potential for new opportunities to be created by this type of collaboration in the developing fields of renewable energy, green hydrogen, green ammonia, e-mobility, battery storage, etc., allowing project developers, investors, and other stakeholders to benefit from the knowledge and resources of two reputable institutions. It may contribute to a more rapid transition to a sustainable future for all.