Europe’s dominance of the global hydrogen industry appears to be slipping due to the rapid increase in planned hydrogen projects in North America, according to a report by Aurora Energy Research.
Browsing: Hydrogen
Germany’s efforts to reduce its dependence on natural gas have led to plans to transport green hydrogen from Turkey via pipelines to the country.
The Dutch government has unveiled the Climate Fund project for 2024, which includes €28.1 billion for climate spending in the country by 2030. Of this total, €7.5 billion will be allocated to developing the green hydrogen industry, including €300 million for importing the energy source. This could benefit green hydrogen projects in the Port of Pecém, Ceará, Brazil, where the Dutch port of Rotterdam has a 30% stake.
Atlas Agro Fertilizantes, a Brazilian fertilizer company, announced plans to invest $850 million in the construction of a green hydrogen plant in Uberaba, Brazil. The plant, which will be the first of its kind in the country, will produce 500,000 tons per year of nitrogen fertilizers using green hydrogen.
Hydrogen is becoming increasingly important as a resource in the global push towards climate neutrality. In Austria, Chancellor Karl Nehammer has called it a vital element in the country’s transition away from fossil fuels. At a recent hydrogen summit, Nehammer emphasized the need for a climate-neutral industry and highlighted the role of hydrogen in achieving this goal.
Entergy has broken ground on the Orange County Advanced Power Station (OCAPS), a 1,215 MW combined cycle plant located near Bridge City, Texas. The plant, which would use natural gas initially and transition to hydrogen in the future, would have the ability to use up to 30% hydrogen by volume, potentially reaching 100%. The $1.2 billion project is expected to create nearly $1.8 billion in total economic activity in Southeast Texas.
A consortium consisting of GTT, TotalEnergies, LMG Marin, and Bureau Veritas has signed an agreement to develop a vessel for transporting liquid hydrogen, a gas considered crucial for decarbonization but facing infrastructure issues.
In a significant development, the Gujarat cabinet has approved the draft land allocation policy for green hydrogen projects, thereby taking the lead in India’s big leap towards green hydrogen manufacturing.
Bloom Energy, a leading provider of distributed energy solutions, has signed an agreement with Elugie, an energy service company in Belgium, the Netherlands, and Luxembourg, to provide 9.75 megawatts of power from the Bloom Energy Server® at five commercial, industrial, and data centre sites in Belgium.
The Electric Power Trading Chamber (CCEE) has been invited to join a World Bank initiative aimed at helping developing countries structure their hydrogen markets.
