Lagging Policy Support And Rising Costs Jeopardize Hydrogen Projects

Credit: Terry Vlisidis/unsplash

Interest in new hydrogen projects remains strong, but a challenging economic backdrop means timely rollout of policy support is needed to deliver investments, sources IEA.

Low Emissions Hydrogen

Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels can still increase substantially by 2030 if all...

https://mfame.guru/lagging-policy-support-and-rising-costs-jeopardize-hydrogen-projects/

Korean Government Announces Hydrogen Technology R&D Plan

A new hydrogen technology R&D strategy was unveiled by the Ministry of Science and ICT on Nov. 9. It consists of three main components: domestic development of clean hydrogen production technologies, advancement of hydrogen storage and transport technologies, and increased industrial use of hydrogen.

Domestic growth

The pursuit of new technological advancements is the top objective of domestic growth. The most advanced water electrolysis-based hydrogen production methods in South Korea at the...

https://mfame.guru/korean-government-announces-hydrogen-technology-rd-plan/

Hy24 Closes World’s Largest Clean Hydrogen Infrastructure Fund At €2 Billion

  • It is the world’s first and largest infrastructure fund to invest exclusively in the entire clean hydrogen value chain.
  • The €2 billion Fund capital aims to be committed within the next six years.
  • The Fund is an Article 9 Fund under European SFDR regulations, which classify funds that meet stringent environmental and social criteria.

Announcing the conclusion of its first impact Fund with €2 billion in allocations, Hy24, the joint venture between FiveT Hydrogen, the clean hydrogen investment...

https://mfame.guru/hy24-closes-worlds-largest-clean-hydrogen-infrastructure-fund-at-e2-billion/

What is the DOE Hydrogen Energy Earthshots Initiative?

AskWaves explores the Department of Energy's Hydrogen Earthshots Initiative.

In June, the Department of Energy (DOE) announced an Energy Earthshots Initiative designed to speed innovation, research and deployment of clean energy technologies at scale.

“First up: Hydrogen Shot, which sets an ambitious yet achievable cost target to accelerate innovations and spur demand of clean hydrogen. Clean hydrogen is a game changer. It will help decarbonize high-polluting heavy-duty and industrial sectors, while delivering good-paying clean energy jobs and realizing a net-zero...

https://www.freightwaves.com/news/what-is-the-doe-hydrogen-energy-earthshots-initiative

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