Browsing: Europe

In an unexpected twist in the narrative of the energy transition, major players in the energy industry are making strategic moves that challenge conventional expectations. While the shift towards green technologies has been widely championed, recent developments highlight the enduring significance of fossil fuels and the hurdles faced by renewable energy initiatives.

FNB Gas unveils plans for Germany’s hydrogen core network, estimating a €20 billion investment by 2032. With a sprawling 9,700 km, the network aims to reshape existing natural gas pipelines, presenting a cost-effective and rapid strategy. Privately financed and backed by German government support, this initiative positions Germany at the forefront of hydrogen infrastructure development.

H-TEC SYSTEMS has successfully delivered its ME450 PEM electrolyser to the Hydrogen Lab Bremerhaven (HLB), a research initiative at the Fraunhofer Institute for Wind Energy Systems (IWES). The collaboration, led by general contractor Wenger Engineering GmbH, focuses on the intricate interplay between wind turbines and electrolytic hydrogen production.

Element, a leading provider of testing, inspection, and certification services, is launching a groundbreaking $10 million investment program. This comprehensive initiative includes cutting-edge hydrogen testing equipment and an expansion of Element’s hydrogen-focused team on a global scale.

Swedish group Universal Kraft’s ambitious project, GP H2 As Pontes, has received a substantial financial boost from the central Government. The project, set to establish a large industrial conglomerate in As Pontes, aims to produce green ammonia and hydrogen, contributing to the region’s economic and environmental transformation.

German economy ministry has issued a warning about a potentially higher future demand for hydrogen storage capacity than initially anticipated. The revelation, outlined in the ‘Green Paper Hydrogen Storage,’ points to a potential underestimation of demand, attributed to uncertainties regarding supply bottlenecks and an optimization logic based on economic criteria used in earlier estimates.