The project has thus reached the Grant Agreement Preparation stage. The next step will be the preparation and signing of the Grant Agreement with Cinea, the granting authority, to formalize the €21 million financing.
Repsol has told pv magazine that it has frozen 90% of Spain’s hydrogen projects nearing final investment decisions, while Statkraft has confirmed that it has revised its plans for its hydrogen project in Norway.
US researchers have started studying hydrogen formation in the Midcontinent Rift in the United States, while Dutch scientists have discovered that hydrogen emissions from industrial complexes are higher than previously estimated.
The appropriate minister has signed into law a decree which will allow electricity transmission system operator (TSO) Terna to stage procurement exercises, possibly as early as the first half of 2025.
Innio Group has started operating a combined heat and power (CHP) plant for heating purposes in Austria, while PureWave Hydrogen has told pv magazine that it is exploring geological hydrogen in Kansas using proprietary software and an AI system.
Harvard University researchers say hydrogen costs are underestimated due to unaccounted storage and distribution variability across sectors, while Kore Infrastructure has told pv magazine that it aims to reach a levelized cost of hydrogen (LCOH) of between $1/kg and $2/kg.
Infinity says it has delivered a fuel cell prototype to NASA for ground testing, aimed at demonstrating a regenerative energy storage system for potential lunar applications.
The IEA published its yearly hydrogen analysis reporting that of the 520 GW announced electrolysis projects, 20 GW reached final investment decision, with China leading the way.
While different institutions are making the case for hydrogen production offshore or in proximity to the coast, the European Commission is preparing to move forward with its second hydrogen auction.
ECL says it will build a 1 GW hydrogen-powered AI factory data center in Houston, Texas, with Lambda as its first tenant. The initial $450 million phase is scheduled for completion in summer 2025.
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