The EU Energy Commissioner, Kadri Simson, has praised Portugal for its work on offshore renewable energy and green hydrogen during her speech at the Great Summit of the Sustainability and Society Forum in Matosinhos, Portugal. Simson commended Portugal for its high renewable energy target and joint electrification plans with Spain.
The aviation industry has been under increasing pressure to reduce its carbon footprint, and the European Union has taken a significant step towards meeting its goal of becoming climate neutral by 2050 by reaching a provisional deal on RefuelEU Aviation rules.
In a move aimed at supporting the production of renewable hydrogen, the European Commission has approved a €158 million Polish measure to support LOTOS Green H2 sp. z o.o, a special-purpose vehicle owned by PKN Orlen SA.
According to Vladimir Rogov, Managing Director and Partner of the Boston Consulting Group (BCG), Azerbaijan could provide hydrogen to Europe at a reasonable price.
Up to 42% of the predicted 53 million tonnes (or 1,764 TWh) total EU hydrogen demand in 2050, or 22 million tonnes (or 730 TWh), might be found in port regions.
Azerbaijan is poised to take the lead in the area and establish itself as a trusted supplier to the EU…
Last May, German Minister Bettina Stark-Watzinger brought RWE and Shell to Australia to discuss hydrogen with bankers, investors, and politicians.
According to experts, the carbon dioxide (CO2) and hydrogen molecules will serve as the cornerstone of the EU’s future low-carbon synthetic fuel sector.
The European Parliament’s Industry Committee rejected Markus Pieper’s motion on Tuesday, which claimed that the EU’s planned rules for renewable hydrogen were too “restrictive.” Markus Pieper is a German Conservative MEP.
According to a new study on hydrogen in ports and industrial coastal areas, the European Union needs to drastically speed up the deployment of hydrogen production, import terminal, reconversion, storage, transportation, and consumption infrastructure capacity in port ecosystems to meet its 2030 renewable hydrogen targets.
