European Hydrogen Observatory’s Post

💡 In 2022, the European Commission launched the European Hydrogen Bank 🏦 to create investment security and business opportunities for European and global renewable hydrogen production. Explore further European and national policies, legislations, strategies and codes as well as standards which impact the deployment of hydrogen technologies and infrastructures on the website of the European Hydrogen Observatory. ⬇ #hydrogen #hydrogenproduction #renewablehydrogen #investmentsecurity

🚀 Exciting News for Europe's Hydrogen Revolution! 🌍💧 The EU's commitment to clean energy just got a significant boost! The funding for the second hydrogen auction under the EU Innovation Fund has been increased to a whopping €2 billion. This remarkable investment underscores the region’s dedication to accelerating the adoption of green hydrogen technologies and fostering a sustainable future. The auction, scheduled for June 2024, aims to incentivize hydrogen production, ensuring the transition to renewable energy sources stays on track while bolstering Europe’s energy security. Green hydrogen has the potential to be a game-changer for industries like transportation, manufacturing, and energy storage. 🎯 With this increased funding, innovative projects across Europe will have the opportunity to scale and drive meaningful impact. At a time when climate action is critical, this is a testament to the EU's leadership in pioneering sustainable solutions. Let's make this transition together! 💬 What are your thoughts on hydrogen’s role in the energy landscape? Source: offshore-energy GreenHarbour Anthony Goossens Muskaan Batta #HydrogenRevolution #CleanEnergy #Innovation #Sustainability #EUInnovationFund #EnergyTransition #GreenHydrogen

Hydrogen will be key to decarbonize “hard to abate” sectors and can also be used as feedstock to produce carbon neutral fuels which is vital if we are to meet net zero targets. But there are challenges of long duration storage for green hydrogen. What is the role of hydrogen storage in the UK energy mix? What are the challenges and solutions for hydrogen storage? How will long duration storage maximize renewable generation? What value does hydrogen transport and storage bring to the wider energy system? DNV is proud to be the Knowledge Partner of RenewableUK Green Hydrogen and share insights to advance the industry. Sarah Kimpton will participate in session ‘A4: The challenges of long duration storage for green hydrogen’ at 13:30-14:30 at the ACC in Liverpool: https://lnkd.in/ew2BXsnz #Hydrogen #EnergyTransition #GreenHydrogen #RUKGH24

💶 €2 billion to accelerate Europe’s hydrogen dreams The EU is doubling down on hydrogen with a €2 billion auction through the European Hydrogen Bank, supporting projects that expand renewable hydrogen infrastructure. This initiative is a testament to the EU's leadership in: ✅️Driving investment into green energy innovation. ✅️Strengthening energy security across the region. ✅️Solidifying its position as a global clean energy pioneer. With hydrogen critical to meeting net-zero goals, this auction offers hope and resources for ambitious projects to thrive. What hydrogen innovations would you like to see funded? #GreenEnergy #HydrogenEconomy #SustainableFuture #SCIOFLEX #GreenHydrogen #Nachhaltigkeit #Bildung #Energiezukunft #Innovation #materials #materialsScience #CompositeMaterials #EngineeringExcellence

🌍 **EUROPEAN HYDROGEN BANK: Second Auction with a Budget of €1.2 Billion** 💶💧 Kadri Simson, the European Commissioner for Energy, welcomed on July 4 the successes of the first auction organized by the European Hydrogen Bank. This auction selected seven renewable hydrogen projects, which will benefit from €720 million via the Innovation Fund. 🔜 **Next Step:** Ms. Simson announced that the second auction, scheduled for this year, will have a budget of €1.2 billion. Additionally, the European Commission will introduce rules to calculate greenhouse gas emission savings achieved through low-carbon hydrogen. 🌟 **Stakes and Opportunities:** This initiative aims to promote innovation and the transition to clean energy while supporting ambitious projects for a more sustainable future. #Hydrogen #RenewableEnergy #Innovation #EU #EnergyTransition #SustainableDevelopment

It has been an insightful few days at the #WorldHydrogen2024 summit in Rotterdam. The event was all about the development of the global hydrogen industry, the opportunities hydrogen provides, as well as the challenges. Henry Wilkinson, our Senior Director and Juha-Pekka Laaksonen, our Service Line Leader and VP in Finland joined several discussions and talks. Here are the three takeaways from these talks:  1️⃣ Insights into emerging market trends, government policies supporting hydrogen adoption, and forecasts for the growth of the hydrogen economy. 2️⃣ Improvements in efficiency, cost reduction efforts, and innovations in renewable hydrogen production. 3️⃣ Strategies for implementing technological innovations, and collaborations between stakeholders to accelerate infrastructure development.   Find out more about the hydrogen services that Jensen Hughes can offer : https://lnkd.in/eQkESf7b World Hydrogen Summit & Exhibition Sustainable Energy Council #WorldHydrogen2024 #CleanHydrogen #SmartEnergy #EnergyTransition

Register now to secure your spot on the CleanTech webinar, taking place on March 5th. This webinar will focus on Europe's clean tech ambitions and financing opportunities shaping industries of tomorrow. This event is essential for industrial stakeholders seeking a competitive edge in: - Clean tech manufacturing (solar, geothermal, batteries, hydrogen, storage) - Recycling and circularity - Renewable energy production Don't miss out on understanding EU's support initiatives like the Net Zero Industry Act and more. 🗣️ Meet Our Speakers: - Anca-Andreea Calugaru - European Structural and Recovery Funds Lead, Schuman Associates - Anca W. - Strategic Projects Advisory Lead, Schuman Associates - Jacek Truszczynski - Deputy Head of Unit, Green and Circular Economy, Directorate General for the Internal Market, European Commission - Katarina Muse - Manager, Regional Pillar and Skills, Hydrogen Europe - Julia Cora - Project Manager, Hydrogen Europe Research, Green Skills for Hydrogen #CleanTech #EUInitiatives #RenewableEnergy #Webinar

🔉🇪🇺 [InnovationFund news] 🇪🇺🔉 7⃣ renewable #hydrogen projects will receive €720 million from the #IF23Auction. ⚡ Total electrolyser capacity: 1.5 Gigawatts 💧 Total volume of H2 produced: 1.58 million tonnes 💨 CO2 avoided: +10 million tonnes ✅ Selected EU projects will have to start producing renewable hydrogen within a maximum of 5 years after signing the grant agreement. 🤩The European Commission plans to launch a second European Hydrogen Bank auction by the end of this year. 💶 The Innovation Fund is the 🇪🇺 EU's largest funding programme for the deployment of innovative #netzero technologies, with an estimated budget of €40 billion from the revenues of auctioning allowances under the EU Emissions Trading System between 2020 and 2030 🔗 Read more 👉🏼 https://lnkd.in/dEuTQ_ms 🏦 The Eu Hydrogen Bank is a financing instrument to accelerate the establishment of a full hydrogen value chain in Europe. 👉🏼 https://lnkd.in/dDuTm3uP CINEA - European Climate, Infrastructure and Environment Executive Agency European Commission Hydrogen Europe #EuGreenDeal #RePowerEu

What an energy transition powerhouse of thought leaders! So important to keep critical stakeholders in the energy transition connected, aligned, making vital decisions and taking the right actions! Miquel Lope Lucie Boost Anouck Massant Salva Mehtash

The European Hydrogen Bank has just released the much-anticipated terms and conditions for its second auction, allocating €1.2 billion to scale up the production of renewable hydrogen across Europe.   "With the new terms and conditions for the next hydrogen bank auction, the EU has taken significant steps towards a level playing field for European electrolyzer OEMs and creating more green jobs from the European hydrogen industry," says Håkon Volldal, CEO and President of Nel.   Here are some key updates 👇 #renewablehydrogen #EU #hydrogenbank