Browsing: Europe

Energy transition news from Europe: hydrogen, storage, grids, nuclear and policy in the EU, UK and wider region.

Powerhouse Energy Group (PHE), a UK-based clean energy company, has completed the acquisition of the entire shareholding in Protos Plastics to Hydrogen No 1 Ltd, the Special Purpose Vehicle (SPV) established for the development of the plastics to hydrogen project at the Protos site near Chester. The company bought the SPV from Peel NRE Ltd for a nominal payment of £1.

Hydrogen Europe, the European hydrogen association, has announced the appointment of Dr Sopna Sury as its new chair. Effective from 26th April 2023, Dr Sury has been elected to lead the association for the next two years until June 2025. She succeeds Jon André Løkke, the outgoing board member and former CEO of Nel Hydrogen.

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.

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.