H2 Energy Group

Located on land adjacent to the unused Scatsta Airport, Statkraft’s Shetland Hydrogen Project 2 will use electrolysis to produce green hydrogen and convert it into green ammonia at the facility. Statkraft is developing three wind farms on the Shetland Islands, with excess power that would otherwise be wasted, set to produce green hydrogen – storing surplus wind energy for later use or conversion into green ammonia. The acquired land is also located close to two major energy facilities on the Shetland Islands in Scotland – the Sullom Voe Oil Terminal, one of the largest oil terminals in Europe connected to [...]

The US major announced that Megan Britt has been appointed Vice-President, Investor Relations, effective 11 August to replace Eric Guter, who is leaving Air Products to “pursue other opportunities.” Guter, who previously headed Air Products’ hydrogen mobility team, has been at the company since 1995. He was appointed to the investor relations position under former CEO Seifi Ghasemi. Britt, who has previously worked at Archer-Daniels Midland, Tyson Foods, Corteva Agriscience, and DuPont, will report to Air Products’ CFO Melissa Schaeffer. “We are committed to creating shareholder value every day as we focus on our core capabilities, capital discipline and productivity,” [...]

The Danish investor has agreed to invest €15m ($17.3m) up until the initiative reaches a final investment decision (FID). If the project is feasible and sustainable, both partners plan to fully fund the several hundred million euro build. H2Apex aims to complete the first phase by 2028, producing up to 10,000 tonnes of hydrogen annually, with potential to scale to 600MW. The Rostock-based developer said hydrogen offtake for the 100MW phase is secured through a preliminary agreement. The site already has a 50Hertz grid connection, water supply, and future access to the planned hydrogen transmission network. H2Apex acquired the Lubmin [...]

The proposed infrastructure is expected to deliver hydrogen to heavy industries operating in Deeside and Wrexham, which together use more than half of the area’s energy. Part of the East West Industrial Decarbonisation (NEWID) cluster, the pipeline will build on previous work, which was funded by the UK government’s Department for Energy Security and Net Zero (DESNZ) earlier this year. H2 View understands the network project will also support the wider HyNet cluster in north west England – a flagship UK CCUS initiative targeting annual CO₂ reductions of over one million tonnes through carbon capture and hydrogen deployment. “With over [...]

Despite billions in EU funding, Europe’s green hydrogen sector has stumbled: projects cancelled, companies bankrupt, and demand lagging behind supply. Those at the coalface blame high production costs and a subsequent lack of demand for green hydrogen. And now some are suggesting EU policymakers should look to support prospective users rather than producers. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.

The initial phase of the supply agreement will target German installations with short delivery routes from Ineratec’s e-fuel pilot plant in Frankfurt. Data centres require consistent power, and traditionally rely on diesel-powered back-up systems in the event of grid outages, including Rolls-Royce’s mtu emergency generators. With data centre consumption growing, due to increased AI use, the two companies say using e-fuels would offer a “reliable, cost-efficient, CO2-neutral” solution to increasing grid resilience concerns. “The secure energy supply for AI-powered data centres is one of the defining challenges of our time,” said Maximilian Backhause, Chief Commercial Officer at Ineratec. “Our e-fuels [...]

Norwegian-based Vergia and Four Zeros Energy said they would work on developing and financing green hydrogen and derivatives projects across the UK, starting in the Southwest. The venture’s first project will be the St Austell Green Hydrogen Project in Cornwall, which plans to install a 20MW electrolyser to produce around 2,000 tonnes of green hydrogen per year, replacing natural gas used in local mining and mineral extraction. The project was shortlisted in April for subsidies under the UK Government’s second Hydrogen Allocation Round (HAR 2), which supports up to 875MW of new electrolysis capacity as part of its broader 10GW [...]

NTPC Renewables Energy has made the winning bid under the National Green Hydrogen Mission’s SIGHT Programme to supply 70,000 tonnes of green ammonia annually to Krishana Phoschem’s Meghnagar fertiliser plant at a “record-low” price. H2 View understands that the ₹51.8/kg ($591.25/tonne) bid came in significantly below the Mode 2A SIGHT Scheme Tranche-II starting price of ₹74.30/kg ($0.89/kg). The SECI praised coordinated government vision, industry commitment and smart auction design as key enablers to accelerating the nation’s green hydrogen economy. “With robust payment security mechanisms in place and assured offtake, the scheme is unlocking confidence across the value chain,” it said [...]

The combined debt and equity financing deal with Kell Kapital Partners (KKP) will finance the construction of the firm’s first projects in California, Oregon, Washington, and North Dakota – targeting key logistics corridors. KKP is a recently formed private equity firm with limited publicly disclosed investment activity to date. HydrogenXT, which launched in 2015, will look to deploy what it calls “localised scale” steam methane reforming plants equipped with carbon capture, combined with on-site compression, storage, and dispensing. It claims the plant design can capture 100% of carbon emissions and produce on-site electricity from natural gas using solid oxide fuel [...]

The European Union Agency for the Cooperation of Energy Regulators (ACER) published its first official recommendation on how member states should apply inter-temporal cost allocation on July 28. To address this issue, the EU Hydrogen and Decarbonised Gases Regulation (2024) allows member states to introduce inter-temporal cost allocation, enabling hydrogen network operators to recover infrastructure costs gradually over time by spreading them across both early and future users. ACER stressed that, while the development of an EU-wide hydrogen network is central to Europe’s decarbonisation plans, the market remains in its early stages and demand is uncertain. This creates financial risks [...]