Elliott Management has form in this space, having previously pressured BP to improve shareholder returns amid concerns it was prioritising green investments at the expense of profitability.
EWE will use its 500m3 salt cavern storage pilot project in Rüdersdorf as a proof of concept for the Huntorf facility, which they plan to begin storing hydrogen in 2027.
In the latest 1895 Podcast, two Extreme H leaders – Managing Director Ali Russell and Andy Welch, who is Global Hydrogen Development Manager – explain how the nascent motorsport series is crucial to driving hydrogen awareness...
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.
PowerCell secured SEK 150m to install the M2Power 250 fuel cell system at an unnamed European shipyard.
“Under the current conditions, there is no guarantee that we will be able to operate the plant economically in the foreseeable future,” Miguel Lopez said.
The Newcastlemax bulk carriers and chemical tankers will be a mix of ammonia-fitted and ammonia-ready systems, allowing the hydrogen compound to fuel operations.
The University of Glasgow’s School of Chemistry spinout Clyde Hydrogen said it ran the beta version of its system to produce hydrogen at >100 bar continuously.
Innovation in fuel cells, in an attempt to support the technology’s value proposition, shows no sign of slowing.
