An infinite supply of this crucial fuel, green hydrogen may be produced directly from seawater by a number of research teams, decreasing the need for fresh water in the plants where it is produced.
After five years, Spain adopted the first Maritime Space Management Plans (POEM). They regulate marine use and reserve roughly 5,000 square km for floating wind turbines.
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.
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.
