Browsing: SLIKE

BP has exited its joint development of the 250MW H2-Fifty project in the Port of Rotterdam—a decision that signals both strategic recalibration and the financial headwinds confronting early-stage electrolytic hydrogen ventures. HyCC, BP’s former partner, will instead pursue a similarly sized standalone project, H2Next, shifting timelines and partnerships but retaining ambition in Europe’s largest port.

The recently concluded IPOSH (Innovative Process Design for Offshore Hydrogen) project—led by H2sea, Bosch Thin Metal Technologies, and TNO—claims to have achieved a 10–20% reduction in the Levelised Cost of Hydrogen (LCOH). While the figure is significant, the implications rest heavily on whether the novel system integration approach can translate into real-world commercial deployments.