South Korea is opening what it claims is the world’s first hydrogen power generation bidding market, while the International Energy Agency says that Omani hydrogen production could surpass current European consumption levels.
The US government has identified the hydrogen sector as a key energy opportunity, while Hystar has signed its first PEM electrolyzer deal and Plug Power has agreed to supply fuel cells for long-term storage during emergencies in California.
Japan has announced plans to invest $150 billion in hydrogen over the next decade, while Malaysia has revealed that it will invest in solar and hydrogen under a new energy roadmap. Separately, Kansai Electric Power and Canada’s ATCO have agreed to collaborate on a feasibility study for green hydrogen supplies.
Oman has awarded hydrogen contracts to CIP, Shell, and BP, while Germany has strengthened its hydrogen ties by linking it to broader European initiatives.
Plug Power has revealed plans to develop three green hydrogen production plants in Finland, while Statkraft is set to increase its investments in the German hydrogen market.
European Energy, a Danish independent power producer, said it will build its new 250 MW close to a substation owned by Italian grid operator Terna in Sicily. It will occupy a surface of around 200 hectares.
The Italian authorities have allocated 368.2 MW of renewables capacity in the nation’s latest procurement exercise for clean energy. Developers have offered a maximum discount ranging between 2% and 2.8% from the auction ceiling price of €0.065 ($0.070)/kWh.
German investors have agreed to back a hydrogen project in Namibia, while Plug Power and Thyssenkrupp Nucera have announced separate hydrogen-related deals in Sweden.
NEOM Green Hydrogen Company has secured an exclusive 30-year off-take agreement with Air Products for what they claim will be the world’s largest green hydrogen plant, while Germany’s EEX has launched the world’s first market-based hydrogen index.
Copenhagen Infrastructure Partners (CIP) has announced plans to develop an AUD 30 billion ($19,95 billion) green hydrogen production hub on South Australia’s Eyre Peninsula, while a new research study shows the feasibility of gas-to-hydrogen pipeline conversion in Western Australia.
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