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In industrial areas where it is more challenging to cut emissions, the Ministry of the Environment and Energy Security (MASE) intends to choose projects that implement the substitution of fossil fuels with low-carbon hydrogen.

The European Commission (EC) announced that the European Hydrogen Bank will be operational by the end of the year and based on four pillars.

HY2DEC, short for “Research of innovative technologies for the production and use of green hydrogen for the decarbonization of the Spanish intensive industry,” is the name of the research project being managed by Tubacex.

Over the following ten years, the country’s growing interest in green hydrogen would result in investments totaling nearly 16 trillion rupees across the entire chain. The rising cost of its production, though, might put a damper on things.

To increase the production of sustainable technology in the EU and ensure that the Union is prepared for the switch to renewable energy, the Commission proposed the Net-Zero Industry Act. President von der Leyen announced this program as a component of the Green Deal Industrial Plan.

According to a draft document, the European Commission will explain ideas for a hydrogen subsidy program that would make clean versions of the fuel more competitive with hydrogen derived from fossil fuels.

The first green hydrogen production facility in Egypt will be built and run by Egypt Green Hydrogen SAE with the help of a $80 million equity bridge financing from the European Bank for Reconstruction and Development (EBRD).

TotalEnergies and Engie’s Masshylia mega-project for the generation of green hydrogen by electrolysis of water from photovoltaic energy in Châteauneuf-les-Martigues on the La Mède platform will triple its production capacity.

Two legislative measures to ease the admission of renewable and low-carbon gases, including hydrogen, into the EU gas market have been given the all-clear by the European Parliament.

When Infinite Green Energy (IGE) recently acquired the Northam Solar Farm in Western Australia, Australia’s first large-scale green hydrogen plant is expected to go up in late 2024.