Report shows the pace of development in the global hydrogen sector is accelerating, and the researchers are warning the UK is at risk of falling further behind the European Union and the United States.
“With our European neighbours we could have a pipeline of green hydrogen to provide a clean fuel stock to German industry and coming back the other way carbon to the UK [for storage],” he said.
ABB has been contracted to provide electrical engineering for the power distribution at a 1GW hydrogen scheme on Denmark’s west coast.
The chief executive officer of Norwegian renewable energy company Statkraft has stepped down after 14 years in the position.
TotalEnergies is launching a “massive” green hydrogen tender to reduce the carbon emissions of its six European refineries and two French biofuel plants as pressure mounts on the industry to fight climate change.
Scottish Government plans could see the country supply 10% of EU hydrogen demand and create 700 jobs.
"Together with Afry, we have identified a potential stable corridor to bring supply and demand together. The scale-up of hydrogen adoption goes through projects like this,” Bombardi said.
“Price is price is price. The only way to produce hydrogen very cheaply is if you have baseload power 24/7,” Mussat said.
For Hyphen, the opportunity is in Europe and Asia, specifically Japan and South Korea. These markets have set targets to shift to hydrogen, but have limited domestic capacity to produce their own supplies.
“We also expect production of hydrogen in the USA on account of the Inflation Reduction Act [IRA], and this surely supports the plausibility of the hydrogen import target – as long as US and EU can make concessions to each other,” the Topsoe executive said.
Infinity Power's Mansour said the project would provide "clean renewable energy to the region and the "entire continent of Africa".
The challenge over the next 10 years will be in scaling up SAF production. Green hydrogen production is relatively niche, as yet. “A lack of green power and electrolysis capacity, this will not make a dent” in the projected SAF demand.
Cepsa said the sale was intended to allow it to focus on its Positive Motion strategy. This will make Cepsa a leader in sustainable mobility, biofuels and green hydrogen in Spain and Portugal, it said.
Sasol and Sonatrach have teamed up to work on the production of low-carbon hydrogen and synthetic gas in Sicily.
The MoU today demonstrates that “not only are we are strengthening our energy security and lowering bills for consumers in the long term, we’re unlocking huge opportunities for investment in British expertise and jobs in the process”.
It also noted that there was scope to develop hydrogen resources within the venture. There was discussion in December, during talks between Algeria and Germany, about the possibility of transporting green hydrogen via Italian links.
RWE and Equinor said they would build hydrogen power plants, as well as a pipeline to send the fuel to Germany from Norway.
A consortium of North Sea companies have launched a new initiative to create a “Hydrogen Highway” from Scotland to Rotterdam.
Commodity trader Trafigura will pay out $1.71 billion in dividends to its employee shareholders, the company said today, reporting record profits for the 2022 financial year.
RWE has signed a memorandum of understanding (MoU) with Hyphen Hydrogen Energy on the supply of green ammonia from Namibia.
Air Products and Mabanaft have set out a plan to build Germany’s first large green ammonia import terminal, at the Port of Hamburg.
Namibia has been unable to close its deal with Hyphen Hydrogen by the launch of the COP27, in Egypt, but there have been other successes in the field.
Wood (LON:WG) has secured an award for front-end engineering design (FEED) for a new green hydrogen production facility in Mosjøen in northern Norway.
NewMed Energy has signed a non-binding memorandum of understanding (MoU) to supply natural gas, and develop blue hydrogen, for delivery into Europe with Uniper.
A number of key uncertainties remain over the deployment of hydrogen, but one point of agreement from Adipec this week has been the need for long-term contracts.