Canadian Hydrogen Convention’s Post

The winners of the first European Hydrogen Bank (EHB) auction are announced! Seven green hydrogen projects out of the 132 bids have been awarded a total of €720 million. The winning are located in Spain, Portugal, Norway and Finland and the projects can be expected to produce in total 1.58 million tonnes of green hydrogen over ten years. The two largest projects are sized to 500MW of electrolyser capacity, with the smallest project sized to 35MW. The EHB auctions aims to reduce the cost gap in the EU between renewable and fossil hydrogen and to bring capital costs down. The next auction round is expected to open in Q3 2024 with slight changes to the first call conditions and a new maritime funding basket. EGEN can support you with the application documents and strategic market intelligence on the call to help you define a successful bid price. Visit our website for more information: https://lnkd.in/evfhrumS #GreenHydrogen #RenewableHydrogen #HydrogenProduction #NetZero #GreenInnovation

✅ The #EU has given the greenlight to the €900-million 🇫🇷 #French #mechanism to boost the #hydrogen industry. The funding mechanism, deemed “necessary, appropriate and proportionate” by the European Commission, will support companies investing in the use of biomass and #renewableH2 in energy and fuel production. This measure will contribute both to the acceleration ⏩ of the green transition and to a #netzero economy, as well as to the achievement of the bloc’s energy goals. This follows the recent approval of similar hydrogen production financing schemes in The Netherlands, Italy and Denmark — putting the EU at the forefront of the global H2 push. 🚀 https://lnkd.in/eqbRmnFm 🗣 If you haven’t registered yet, please do it now the time! Otherwise, you will be missing: Hydrogen-Africa Green H2 - Investment Forum in Europe (Brussels) Belgium 🇧🇪 🔗 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐍𝐨𝐰:  //https://lnkd.in/eq8u3rFz 📅 𝐌𝐚𝐲 𝟑𝟎, 𝐓𝐡𝐮𝐫𝐬𝐝𝐚𝐲 📧 [email protected] 🖥 www.hydrogen-africa.com

The European Commission approved "IPCEI Hy2Infra," a collaborative effort by seven EU countries, allocating €6.9 billion in public funding to support the continent's hydrogen infrastructure. France, Germany, Italy, the Netherlands, Poland, Portugal, and Slovakia aim to unlock an additional €5.4 billion in private investments. The project, aligned with the European Green Deal and REPowerEU Plan, focuses on reducing natural gas dependency. IPCEI Hy2Infra covers various aspects of the hydrogen value chain, including deploying 3.2 GW of large-scale electrolyzers, 2,700 km of hydrogen transmission and distribution pipelines, large-scale hydrogen storage facilities, and handling terminals for liquid organic hydrogen carriers. Thirty-two companies, including SMEs, will participate in 33 projects across the seven countries.

New green hydrogen MoU inked between Corner Brook Port and CWP Global. By ANGIE BERGENSON Corner Brook Port Corporation signed with CWP Global to investigate renewable H2 potential The Corner Brook Port Corporation has announced that it has signed a new memorandum of understanding (MoU) with CWP Global to examine the potential for a project focused on green hydrogen in the Newfoundland, Canada city. The MoU is focused on taking a closer look at clean H2’s potential there The center of the agreement involves an examination of the potential for Project Gwinya. According to the Port Corporation, Project Gwinya has to do with the development and construction of a green hydrogen hub. This would be built at the port in the form of a hot briquette iron plant there. The statement from the Port Corporation underscored the possible advantages of an H2 hub of this nature, saying that it would offer supply chains meaningful support in the decarbonization transition. In particular, this is because it would make it possible to begin processing iron ore into high quality green iron using renewable H2 as the source of energy. https://lnkd.in/d4CX6hqE

The SoutH2 Corridor project, to be completed by 2030, is a 3,300 km dedicated #hydrogen pipeline corridor connecting North Africa, Italy, Austria and Germany. Led by the TSOs: Snam S.p.A., TAG, GCA and bayernets GmbH, the project will have a capacity of four million tonnes of hydrogen per year, the equivalent of 133.2TWh/year which is more than 40% of the REPowerEU import target. "Renewable hydrogen would be largely produced in North Africa, for which the partners have collected signed letters of support from producers intending to produce c. 2,5 Mtpa of renewable hydrogen. It would then flow North, serving the hard-to-abate demand clusters of Italy (e.g. Augusta, Taranto and northern Italy), Austria (e.g. Styria, Vienna and Linz) and Germany (e.g. Burghausen and Ingolstadt). Transportation of domestic production in each of the member states would also be facilitated through the SoutH2 Corridor." #climateaction #energysecurity #wasserstoff SoutH2 Corridor website - https://lnkd.in/dsBU2n9X

🌏 Leveraging South Australia's Hydrogen Potential 💡 Innovative Tool for Investors: The South Australian Government's $1 million investment in the Hydrogen Export Modelling Tool marks a strategic move to bolster the hydrogen industry. This tool aids investors in crafting robust business cases for renewable hydrogen export, capitalizing on South Australia's rich resources. 📊 Strategic Advantages Unveiled: The Prospectus, integral to the initiative, positions South Australia as a premier clean hydrogen supplier globally. It underscores the region's competitive edge in meeting the increasing international demand for clean hydrogen. 🤝 Collaborative Development: Developed by KPMG and WSP for the Department for Energy and Mining and collaborating with the Department for Trade and Investment, this initiative reflects a cohesive government strategy to foster a thriving hydrogen industry in South Australia. 🌍 Global Impact & Local Growth: This initiative not only taps into the global clean energy market but also promises significant local economic growth and innovation within South Australia. 🔗 South Australia's Hydrogen Vision: The Tool and Prospectus collectively signal the government's commitment to fast-track the development of a robust hydrogen sector, aligning with broader environmental and economic goals. #RenewableEnergy #HydrogenEconomy #CleanHydrogen #SustainableDevelopment #InnovationInEnergy #SouthAustralia #EnergyTransition #GreenTech 🔍 Explore how South Australia is shaping the future of hydrogen and what it means for the global energy landscape.

Gradually making a big leap towards a hydrogen-powered industrial future

Significant week for European hydrogen - the "Hydrogen Bank" has issued the results of its 1st auction; designed to underpin the bankability of critical EU pathfinder hydrogen production projects. Demonstrating the viability and role for the Hydrogen Bank is a core policy objective of @REPOWEREU. #hydrogen #repowereu #hydrogenbank

Denmark today unveiled six renewable hydrogen and derivatives projects that will receive production subsidies from its first power-to-X tender - with the results somewhat of an early indication on how low bids may have to be in the upcoming European hydrogen bank auction. The full budget has been allocated in the Danish tender, supporting over 280MW electrolyser capacity and the equivalent of around 30,000t/yr hydrogen production. Story on the results with an overview of the successful projects here: https://lnkd.in/e9_5aEqb The successful bid amounts are particularly interesting. The lowest bid was roughly €0.15/kg and the highest bid that still managed to bag subsidies was €1.05/kg. I'd say this suggests that developers will have to go way below the €4.50/kg ceiling in the European hydrogen bank auction if they want a chance of being successful. Follow-up story exploring this in more detail here: https://lnkd.in/eQBJhwXs Both stories free to read. #hydrogen #greenhydrogen #argusmedia #eu #denmark

Lhyfe, a leader in green and renewable hydrogen production, has been granted up to €149 million by the French government for a groundbreaking hydrogen production facility near Le Havre. This financial backing supports a project with a 100 MW electrolysis capacity, recognized by the European Commission under the IPCEI on hydrogen. The announcement came during Roland Lescure, French Minister for Industry and Energy's visit to Le Havre, highlighting Lhyfe's pivotal role in the renewable hydrogen sector and the project's alignment with France's decarbonization goals. Planned near the Grand Canal du Havre, the facility aims to produce 34 tonnes of green hydrogen daily, supporting the decarbonization efforts of nearby industries, including the Yara International plant. Slated for operation by 2028 on a 2.8-hectare site in Gonfreville-l'Orcher, this initiative underscores Lhyfe's commitment to cleaner energy solutions. The project, part of the EU's strategic IPCEI hydrogen program, awaits final authorizations and financial investment decisions. https://lnkd.in/d7ZUbpk3 #greenhydrogen #greenfuture #hydrogen