Following its first call for ideas, The Clean Hydrogen Partnership has chosen 9 Hydrogen Valley projects (2022). The 9 Hydrogen Valleys have asked for a total of EUR 105.4 million in funding.
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Acwa Power, which is building a $5 billion green hydrogen-based ammonia production plant in Neom, Saudi Arabia, aims to “replicate” the project overseas.
According to Saudi Arabia’s energy minister, the country intends to spend more than $300 billion to produce greener electricity and extend its power grid. Prince Abdulaziz bin Salman stated during a forum hosted by Saudi Arabia’s largest oil company Aramco that the country was also aiming to become a global leader in the production of hydrogen.
In order to plan, build, and operate a hydrogen plant with an initial feed-in capacity of 100 MW that can be raised to 1 GW by 2030, a coalition with HH2E AG and HydrogenOne Capital Growth plc was formed. Noerr provided advice on the consortium’s structure to Foresight funds.
The front-end engineering and design phase of ExxonMobil’s low-carbon hydrogen project in Baytown, Texas, has been contracted to Technip Energies (FEED).
Fluxys and Macquarie Asset Management have reached an agreement for Fluxys to purchase OGE, the largest transmission system operator in Germany, for about 24% of the current market value.
Following the approval procedures, the “HyVillage (Hydrogen Village)” project, which will be Turkey’s first hydrogen field application, will be put into action.
In terms of energy, we want to become increasingly independent from other nations. We have been compelled to consider this angle by the epidemic and the crisis brought on by the rise in energy and raw material prices.
Using only domestic technology, South Korea Power Generation has begun to develop hydrogen combustion technology for massive gas turbines.
The Australian Renewable Energy Agency (ARENA) of the Federal Government has given ATCO Australia $800,000 to fund the creation of a renewable hydrogen export value chain from New South Wales (NSW) to Germany.
