UAE, Oman, Morocco to surpass 2030 hydrogen goals: IEA
The United Arab Emirates (UAE), Oman and Morocco are expected to exceed their hydrogen production capacities for 2030, according to the International Energy Agency (IEA).
The United Arab Emirates (UAE), Oman and Morocco are expected to exceed their hydrogen production capacities for 2030, according to the International Energy Agency (IEA).
The Brazilian Government has made R$6bn ($1.09bn) available to support the development of clean hydrogen hubs that will decarbonise hard-to-abate sectors.
The Directorate-General for Climate Action said the project “decided to withdraw” from the grant agreement process.
In what many hoped to be a year of action for hydrogen in the US, industry players remain anxiously awaiting the final rules that will define their developments and operations for at least the next...
The UK Government has confirmed almost £22bn ($28.9bn) of funding over 25 years to two major carbon capture, utilisation and storage (CCUS) and blue hydrogen clusters.
The European Commission has launched a €1.2bn hydrogen auction with funding for RFNBO and maritime green hydrogen projects, introducing limits on Chinese electrolyser sourcing.
The International Energy Agency (IEA) has warned that extra requirements for electricity used in green hydrogen production should be “applied cautiously” by policymakers.
Spain plans to meet 74% of industrial hydrogen demand with green hydrogen by 2030, as it trebles its installed electrolyser capacity goals to 12GW.
“Many companies have told me that the requirements often do not allow for the economic realisation of projects in Germany,” the leaked letter reads.
Final investment decisions (FIDs) on clean hydrogen projects have surged by 90% since last October, but a $335bn financing gap might have put 2030 ambitions out of reach, according to the Hydrogen Council’s latest report.
