Browsing: Europe

Greek energy companies Motor Oil and PPC have announced a joint venture called Hellenic Hydrogen, which aims to develop alternative fuel technologies, specifically green hydrogen. The project is expected to receive up to €130 million in investment, with funding already requested from the Innovation Fund. The venture will produce “green” hydrogen and is also exploring other forms of funding for smaller projects in the hydrogen valleys sector.

Europe’s dominance of the global hydrogen industry appears to be slipping due to the rapid increase in planned hydrogen projects in North America, according to a report by Aurora Energy Research.

Germany’s efforts to reduce its dependence on natural gas have led to plans to transport green hydrogen from Turkey via pipelines to the country.

Hydrogen is becoming increasingly important as a resource in the global push towards climate neutrality. In Austria, Chancellor Karl Nehammer has called it a vital element in the country’s transition away from fossil fuels. At a recent hydrogen summit, Nehammer emphasized the need for a climate-neutral industry and highlighted the role of hydrogen in achieving this goal.

Valencia port has become the first port globally to use a 4×4 truck tractor unit, powered by green hydrogen to move containers.

As countries look to reduce their reliance on fossil fuels and decarbonize their economies, the potential of hydrogen as a clean energy source is becoming increasingly attractive.

Stuttgart-based company H2FLY, a developer of hydrogen fuel cell systems for aircraft, has achieved a significant milestone in the development of hydrogen-electric propulsion systems for aircraft.

Bulgaria’s gas transmission operator, Bulgartransgaz, has outlined its ten-year plan to develop the country’s gas network. The proposed plan includes the construction of new pipelines and the expansion of existing infrastructure, with a total investment of BGN 979.2 million between 2023 and 2025.

The Netherlands and Germany have long been important trading partners in Europe, with their economic relations being strengthened in recent years.

Bilfinger, a leading engineering and industrial services company, has provided support to Austrian supermarket chain MPREIS in the construction and assembly of a hydrogen production plant near the city of Innsbruck.