Austria has announced €274.8 million ($291.6 million) in funding for four domestic hydrogen projects, signaling its intent to emerge as a central player in Europe’s hydrogen economy.
By 2030, Africa could emerge as a key supplier of green hydrogen to Europe—but only if European policy interventions address the continent’s prohibitive financing conditions.
Global demand for hydrogen reached nearly 100 million tonnes (Mt) in 2024, up around 2 % from the previous year and largely driven by traditional industrial uses such as refining and ammonia production.
Dutch pension fund manager APG has announced a €300 million ($350 million) growth investment in Amsterdam-based energy storage developer Return, aimed at expanding its battery energy storage system (BESS) portfolio across the continent.
ITM Power has introduced the Alpha 50, a standardised 50MW green hydrogen plant priced at €50 million ($58.2 million), a move that positions the UK-based manufacturer at the forefront of cost-competitive electrolyzer deployment in Europe.
Germany is stepping up its decarbonization efforts in aviation with a new power-to-liquid (PtL) initiative at the Leuna Chemical Complex. Four industry leaders, Topsoe, Sasol, the German Aerospace Center (DLR), and Griesemann Gruppe have formalized a cooperation agreement to construct, operate, and conduct research at DLR’s Technology Platform Power-to-Liquid Fuels (TPP), a large-scale facility focused on producing and testing sustainable aviation fuels (SAF).
OECD electricity generation reached 1,027.6 TWh in July 2025, marking a modest 2.3% year-on-year increase, yet beneath this incremental growth lies a sharply bifurcated energy transition—one where renewable capacity expansion accelerates while structural vulnerabilities in traditional power systems emerge.
As global electricity systems grow increasingly dependent on renewable energy, precision in managing energy storage assets has become a decisive factor in grid stability and project profitability. Wärtsilä’s new GEMS Pulse platform directly addresses this operational challenge by transforming raw battery data into actionable intelligence—aiming to unlock the full financial and technical potential of energy storage systems.
