Was the EU too ambitious on renewable hydrogen? Or just visionary? Back in 2019, the EU set bold targets: Produce 10 million tonnes of renewable H2 annually Consume 20 million tonnes to decarbonize fossil H₂ use and steel production At the time, these numbers felt reasonable – even conservative – for global climate ambitions. Some […]
Germany’s new government has substantially reduced medium-term funds earmarked for development of a hydrogen economy and the decarbonisation of industry. In its first budget, the government has allocated €1.28bn ($1.46bn) in the 2026-32 period for measures aimed at realising the country’s national hydrogen strategy, according to a document for the climate and transformation fund (KTF) […]
Luxembourg-based steelmaker ArcelorMittal said it will not proceed with previously announced direct-reduced iron (DRI) and electric arc furnace (EAF) decarbonisation projects at Bremen and Eisenhuttenstadt in Germany. The company cited unfavourable policy and slower than expected progress in the energy transition — particularly the lack of commercially viable renewable hydrogen. The company initially planned to […]
The US Senate is considering ways to reinstate the 45V hydrogen production tax credit that the House voted to terminate by the end of this year, said a key Republican official. “That’s on the table,” said Senator John Cornyn (R-Texas), who serves on the Senate’s tax writing committee, in response to a reporter asking him […]
Several winners in the European hydrogen bank’s second auction benefited from the EU deeming numerous projects with lower bids ineligible, European Commission data show. The EU this week picked 12 winners under its ‘general topic’ that — unlike a separate ‘maritime topic’ — does not prescribe the end use for the renewable hydrogen. The round […]
Last week saw the release of the IEA’s latest Northwest European Hydrogen Monitor in Rotterdam. The following five key takeaways are provided by the IEA’s Greg Molnar: (1) Costs remain high: renewable hydrogen cost around €240/MWh in 2024 – the last time we had such prices for natural gas, we had to shut down half […]
CEDIGAZ has recently published its annual survey on the global hydrogen market along with comprehensive databases on low-emission hydrogen production projects worldwide. The report tracks recent policy and market developments of the global low-emission hydrogen sector. It also focuses on project development and medium-term supply prospects. The hydrogen industry is at a pivotal stage, with […]
France has opened a consultation on a proposed 1.5pc renewable hydrogen quota for the transport sector by 2030, and hefty penalties to back this up. The country’s ecological transition ministry has proposed a mechanism for reducing emissions in the transport sector called IRICC. This would replace the existing Tiruert system and would, among other measures, […]
Multiple North American proposals to make hydrogen from natural gas with carbon capture have taken a pause as tariffs add to cost uncertainties and potential buyers balk at making long-term commitments at current prices. Dow has iced its Path2Zero ethylene plant in Alberta that is to use low-carbon hydrogen supplied by Linde. Air Products has delayed the […]