Industrial hydrogen makes progress but cost and carbon questions remain
Despite industry-wide setbacks and recalibration, large-scale industrial hydrogen has made impressive steps to becoming a commercial reality in recent months.
Despite industry-wide setbacks and recalibration, large-scale industrial hydrogen has made impressive steps to becoming a commercial reality in recent months.
Projects will be subject to the EU Emissions Trading Scheme (ETS) and musy cut at least 60% of emissions in the first three years and 90% by the end of the support.
Both Carney and Poilievre promise a reset – but hydrogen and clean energy’s role remains unclear.
It’s been a day when power has been front and centre of the UK news agenda.
Eight companies, including AM Green, Waaree and Reliance secured Bucket 1 awards, while Matrix Gas and Renewables was the sole Bucket 2 recipient.
It comes as Chancellor Rachel Reeves aims to steer the National Wealth Fund towards supporting higher-risk projects.
The plan outlines measures to protect EU steelmakers from cheap imports by accelerating grid access and prioritising clean tech investments, as well as curbing imported volumes by up to 15%.
UK feasibility study Project Willow has published nine options for the soon-to-close Scottish oil refinery Grangemouth’s future industrial use after evaluating more than 300 technologies.
Energy Minister Zhecho Stankov claimed Bulgaria has “excellent conditions” for green hydrogen production as well as existing infrastructure to support its transportation.
InterContinental Energy CEO, Alex Tancock, says Australia’s hydrogen policies signal a shift towards clean energy leadership, but long-term success hinges on demand creation and integrated industries to drive costs down.