Browsing: REGIONAL

As the urgency to decarbonize intensifies, the European Union (EU) is set to roll out a distinctive financing experiment, a pilot auction commencing on November 23. This groundbreaking initiative seeks to create a dynamic marketplace for renewable hydrogen by aligning producers and users through a competitive bidding process.

Sunfire has officially started the construction of its research and development center in Dresden. With a hefty investment of around 30 million euros earmarked for the company’s headquarters, Sunfire is set to propel the development of cutting-edge electrolyzer prototypes, aiming to redefine the landscape of green hydrogen production.

In a study conducted by researchers at Harvard Business School and the University of Mannheim, hydrogen emerges as a transformative force capable of accelerating the global energy transition. The study delves into the challenges, progress, and potential impact of hydrogen technology, shedding light on the promising future of this clean energy source.

Eesti Energia, the Estonian state-owned energy company, is charting an ambitious course toward embracing green hydrogen as a linchpin in its future energy endeavors. Despite facing challenges such as high current prices and infrastructure development, the company envisions a pivotal role for hydrogen, particularly in propelling the growth of its chemical industry.