Enagás has successfully secured 75.8 million euros from the European Union to advance the development of Spain’s Hydrogen Backbone Network and the H2Med project.
Vallourec has started its membership in the Hydrogen Council. This collaboration signals Vallourec’s dedication to advancing the hydrogen sector, underscoring its role in the energy transition towards cleaner solutions.
Europe’s investment in a hydrogen-capable infrastructure network, from pipelines to power plants, is gaining momentum. With 12 projects earmarked to convert or expand LNG terminals to import hydrogen derivatives and the proposal of 50,165 kilometers of hydrogen pipelines, this endeavor represents a significant energy transition.
The shift towards renewable energy and storage solutions like Variable Renewable Energy (VRE) and Energy Storage (ES) is transforming the electricity landscape at an unprecedented pace.
The UK’s energy transition faces a critical challenge: balancing the intermittent nature of renewable energy with the need for reliable, low-carbon power.
Europe’s hydrogen industry entered 2024 with optimism, dubbing it the “year for action.” Yet, despite notable achievements—such as major projects reaching final investment decisions (FIDs), EU policy updates, and significant funding announcements—progress has been slower than anticipated.
