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.
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The Dutch government has unveiled the Climate Fund project for 2024, which includes €28.1 billion for climate spending in the country by 2030. Of this total, €7.5 billion will be allocated to developing the green hydrogen industry, including €300 million for importing the energy source. This could benefit green hydrogen projects in the Port of Pecém, Ceará, Brazil, where the Dutch port of Rotterdam has a 30% stake.
Atlas Agro Fertilizantes, a Brazilian fertilizer company, announced plans to invest $850 million in the construction of a green hydrogen plant in Uberaba, Brazil. The plant, which will be the first of its kind in the country, will produce 500,000 tons per year of nitrogen fertilizers using green hydrogen.
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.
Entergy has broken ground on the Orange County Advanced Power Station (OCAPS), a 1,215 MW combined cycle plant located near Bridge City, Texas. The plant, which would use natural gas initially and transition to hydrogen in the future, would have the ability to use up to 30% hydrogen by volume, potentially reaching 100%. The $1.2 billion project is expected to create nearly $1.8 billion in total economic activity in Southeast Texas.
Bharat Heavy Electricals Ltd (BHEL) is one of India’s largest engineering and manufacturing companies in the energy and infrastructure sectors.
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.
Vice President Yemi Osinbajo has called on the Nigerian National Petroleum Company Limited (NNPC) to develop green hydrogen as another energy source in light of the global clamor for energy transition.