June 2024

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Hydrogen Economist

Letter from London: Hydrogen’s risk allocation puzzle

Finding a way to efficiently share risk between developers, offtakers and financiers is crucial to unlocking investment in green hydrogen projects, according to speakers at the FT Hydrogen Summit in London

NEXTCHEM awarded PDP contract for multi-billion-euro Hail and Ghasha project

MAIRE announced that NEXTCHEM (Sustainable Technology Solutions) will act as technology design integrator to develop the process design package (PDP) for the hydrogen and carbon dioxide (CO2) recovery unit of the Hail and Ghasha gas development project.

MOL refines green strategy ahead of major investment

Hungarian refiner aims to build experience of green hydrogen production through deployment of pilot projects ahead of a larger commitment to the sector

Ceres inks contract with Shell for green hydrogen project

The developer continues the second phase of its collaboration with Shell as incentives rise for the development of commercially scalable applications of green hydrogen

Wartsila’s hydrogen power plant game-changer

World’s first large-scale 100% hydrogen-ready engine power plant aims to balance intermittent renewables

Lhyfe, Deutsche Bahn to use green hydrogen for climate-neutral trains

Lhyfe has built and will operate a green hydrogen production plant for Deutsche Bahn in Tübingen, where DB Energie is testing new technologies for sustainable rail energy supply, including the 'H2goesRail' project.

Nepal harnesses hydropower for green hydrogen push

Use of surplus hydropower could see Himalayan country become one of world’s lowest-cost producers

Letter on hydrogen: Saudi lights torch as MENA trailblazes

NEOM helps encourage ambitious hydrogen strategies as region looks to decarbonise various sectors to help meet economic diversification targets

Gulf NOCs feel their ways towards decarbonisation

Saudi Arabia lags the UAE in both standalone carbon capture and its deployment of low-emission hydrogen

Topsoe, ABB and Fluor form alliance on standardised concept for SOEC factory

Topsoe, ABB and Fluor have formed an alliance to design a standardized concept for building Topsoe’s next SOEC factory.

Europe faces reality check on hydrogen ambitions

The growing disparity between hopes for hydrogen and real-world implementation will require re-evaluation of policy support and scope

Italy revives energy hub ambitions via North Africa hydrogen corridor

Hydrogen imports from Africa could offer Italy opportunity to develop into a southern Europe energy hub, a goal it already pursued for natural gas

Japan and Europe join hands to develop global hydrogen market

Regions’ respective trade bodies sign memorandum of understanding to bolster deployment of and trade in hydrogen, underscoring the growing international cooperation in the sector

Japan the litmus test for Asian hydrogen

Rising costs and infrastructure hamper competitiveness of low-carbon hydrogen, especially in transport sector, despite much government support

Tunisia secures debut green projects

An EU-backed plan to pipe clean energy from the North African country is starting to attract international investors in green hydrogen production projects

Cepsa advances biofuel production with new plant

Spanish firm is working with Bio-Oils on €1.2b facility that will boost Europe's renewable fuel capacity, while biomethane will substitute natural gas in low-carbon hydrogen production

Letter on hydrogen: Europe’s green power predicament

Recent auctions have exposed Europe’s north-south renewables divide, but wind and solar in the Middle East and North Africa will ultimately win out

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