Assuming willingness to finance it if it meets “eligibility criteria,” the European Investment Bank (EIB) is in “exploratory talks” with Portugal, Spain, and France on the future “green” hydrogen-fit maritime pipeline to boost Iberian interconnectivity.
Following the confusion caused by numerous train cancellations along the Taunusbahn route, the Rhein-Main-Verkehrs-Verbund (RMV) pledges that starting on Monday, February 27, traffic will run on schedule. The managing director of the transportation organization, Knut Ringat, stated on Friday that a train should operate at any scheduled time.
The balance of power in the energy markets will also change as a result of future industrial production using less coal, oil, and gas. A study estimated that the investments will cost ten trillion dollars.
Under the patronage of the Ministry of Energy and Infrastructure (MoEI), Brooge Energy, a Cayman Islands-based infrastructure provider, announced a partnership with Siemens Energy, one of the world’s largest energy technology suppliers, to develop a plant in Abu Dhabi that will use solar PV to produce green hydrogen and ammonia. Brooge Energy is currently involved in clean petroleum products, biofuels, and crude oil storage.
The Belgian-German Energy Summit, where Belgium and Germany collaborated to increase their energy independence, was held in Zeebrugge on Valentine’s Day.
A grant of 25 million euros has been given to the North Adriatic Hydrogen Valley project, which was jointly created in Slovenia, Croatia, and the Italian region of Friuli Venezia Giulia.
Green hydrogen will be produced in a factory in Delfzijl by the Amsterdam-based Torrgas using discarded wood and grass from the side of the road. Torrgas anticipates spending between 80 and 100 million euros on the new facility.
The Greenko firm, which is constructing the largest pumped hydro storage facility in the world—1,680 MW—near Kurnool, Andhra Pradesh, for “upwards of a billion dollars,” aims to construct three other such facilities over the course of the following three years.
The Ministry of the Environment and Energy Security funds the national project “Ecostore H2,” which aims to develop eco-sustainable ultra-porous polymers and carbons for the storage and transportation of hydrogen.
The Renewable Energy Directive calls for the adoption of two Delegated Acts, and the Commission has suggested specific regulations to specify what is meant by “renewable hydrogen” in the EU.
