IBHYX, labelled as the first Iberian renewable hydrogen price index, will be updated weekly and serve as a price signal that reflects the minimum price producers need to sell renewable hydrogen profitably. According to Mibgas, the levelised cost of hydrogen (LCOH) production in Spain and Portugal amounts to €5.85/kg (148.36/MWh), adhering to Renewable Fuels of [...]

The Toqlukuti’k Wind and Hydrogen project plans to develop up to 5GW of onshore wind capacity to produce green hydrogen and ammonia for domestic use and export. Details on full-scale hydrogen production capacity have not been announced, however, by 2025, ABO originally planned to have 30MW of electrolyser capacity installed to supply green hydrogen to [...]

The ‘Hydrogen: Overview and Action Options for Switzerland’ report was unveiled by the Federal Council on December 13 and developed with input from an internal administrative working group, an external working group and in consultation with the gas industry and regional authorities. Although the current hydrogen demand in Switzerland is forecasted to remain low until [...]

Aimed at tackling challenges in conveying hydrogen under severe conditions and ensuring competitive transmission costs, the pair will jointly conduct qualification testing of high-pressure offshore pipelines. IGI Poseidon, set up by Greece’s DEPA International Projects and Italy’s Edison, is currently developing natural gas pipeline projects across the Mediterranean and Black Sea region. Italy’s Tenaris already [...]

Up from €88m ($92m) in the same quarter of 2022/23, it brings its 2024 order intake for the green hydrogen production technology to €524m ($549m) – up 60% year-on-year. The vast majority of the sales come from its 700MW order from Swedish green steelmaker Stegra. Having received full notice to proceed, thyssenkrupp nucera recorded over [...]

The Baytown plant is expected to be the “world’s largest of its kind upon startup,” scheduled to produce up to 28.3 million metres of low-carbon hydrogen daily and nearly one million tonnes of ammonia per year. Read more: Air Liquide backs ExxonMobil’s blue hydrogen mega project awaiting FID The contract awarded to global engineering company [...]

Whilst the first section in Rotterdam, which has already begun construction, will reportedly be ready in 2026, Gasunie has warned the “hydrogen market as a whole is not developing as fast as expected, and the infrastructure is unfortunately no exception.” Read more: Construction begins on Gasunie’s Dutch national hydrogen network Designed to connect Rotterdam, Zeeland, [...]

Germany will head to the polls on February 23, 2025, after Chancellor Olaf Scholz and his government lost a confidence vote following its collapse in November, with uncertainty surrounding hydrogen policy growing. The three-party coalition fell apart last month after Scholz sacked his finance minister, which sparked the resignation of three other ministers, seeing the [...]

Standard Investments, which holds around 11% of JM’s outstanding shares, in an open letter to JM Chairman Patrick Thomas, said immediate action needs to be taken to prevent further value degradation for shareholders. The investor said under Thomas’ six-year tenure, JM shares delivered a total shareholder return of -53%. Despite stressing its belief in JM’s [...]

Consisting of 14 additional Marine System 225 units, the new booking brings its total orders for the unit to over 75 since its launch in June. The third-generation fuel cell unit is said to offer a 13% increase in power output from its previous version, providing 225kW from a 1.2m x 0.9m x 2m containerised [...]