Browsing: Europe

The German government has granted a consortium €28.4 million ($30 million) for the construction of a hydrogen energy-storage pilot project in Germany. This project will serve as a practical testing ground for the future conversion of existing conventional power plants to run on excess renewable energy.

German hydrogen underground storage will be the main focus of Gasunie. The business joins the H2 CAST hydrogen storage pilot project in the Niedersachsen, Germany, state’s Etzel caverns.

The first phase of BP’s plans to decarbonize its Castellón refinery and turn it into a centre for the generation of green hydrogen and biofuels for industries including aviation calls for an expenditure of €2,000,000,000 through 2027.

The world’s first manufacturing facility for Electriq Powder, a solid hydrogen carrier, will be built at the Port of Amsterdam thanks to a partnership between Electriq, a provider of end-to-end safe hydrogen solutions, and Zenith Energy Terminals.

A joint venture between Everfuel and Hy24 has been established to fund the rapid expansion of electrolyzer capacity in the Nordic region. 51% of the JV will be owned by Everfuel, and 49% by the Clean H2 Infra Fund, which is managed by Hy24.

A grant of €3.3 million has been given to Fusion Fuel Spain for capital expenditure in a 2.4 Megawatt green hydrogen project intended to accelerate Spain’s industrial decarbonization.

Denmark’s energy, climate, and utilities minister Lars Aagaard said Denmark can learn from India’s solar tariff reduction and join the green hydrogen future together.

Federal Minister of Economics Robert Habeck delivered the funding decision for research work and the construction of a hydrogen power plant in the Black Pump Industrial Park in the presence of Minister of State Thomas Schmidt (ISP).

The European Parliament’s Energy Committee has come out in favor of distinguishing between transmission and distribution system operators and against separating ownership of the hydrogen and gas network at the distribution network level. The Federal Government is urged by a coalition of organizations to take steps to guarantee that the Council adopts the European Parliament’s viewpoint.

Despite bold intentions, implementing a hydrogen economy could be extremely expensive and time-consuming, endangering the continent’s economic expansion and potentially impeding decarbonization efforts.