Uniper has delayed its goal of investing €8 billion ($8.7 billion) in green energy by 2030. It told pv magazine that three factors were behind the decision. “The slight delay in investing the €8 billion compared to August last year is not only that the hydrogen economy is progressing slower as expected. This is one point,” said a spokesperson. “Next to this, energy prices have fallen and are expected to continue to do so for the coming years. And the regulatory framework conditions have developed more slowly than expected. The main issue here is the German government’s power plant strategy, where good progress has been made, but the consultations have taken longer than we had anticipated.”
HydePoint and Norwegian Hydrogen have announced a strategic deal to accelerate green hydrogen projects in the near-shore and offshore markets. “The collaboration aims to accelerate the development of mid-size 10 MW to 40 MW dockside and near-shore green hydrogen projects, focusing on scaling hydrogen production within a two- to three-year year time frame while laying the foundation for large-scale, offshore wind-integrated hydrogen ventures in the next phase,” said the two Norwegian companies.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
The development of the hydrogen market in Europe and the UK is being hampered by the high price of grid electricity which powers most electrolysers, which makes the cost of fuel cell grade hydrogen far too high to compete with battery only power. Governments need to recognise the need to power the electrolysers directly from the source of “green” electricity, such as installing them on disused gas platforms that are in the middle of windfarms and sending the hydrogen ashore through disused gas pipelines as is being trialed off the Dutch coast.