The British government said it is funding 11 new green hydrogen projects in England, Scotland and Wales, which it claims will be among the first commercial-scale projects in the world. Chancellor Rachel Reeves announced the funding plan during a fall 2024 budget speechallocating GBP 3.9 billion ($5 billion). green hydrogen producers and carbon capture utilization and storage (CCUS) projects over the period 2025-26. The government has selected the projects, which have a cumulative capacity of 125 MW December 2023as part of the first hydrogen allocation round (HAR1) that started in July 2022. The government awarded them contracts for difference at a weighted average strike price of GBP 241/MWh.
RWE has obtained the necessary construction and environmental permits for the construction of a 100 MW electrolyzer in the Eemshaven, The Netherlands. “If built, the electrolyzer will contribute to the onshore energy system integration plans associated with the 795 MW OranjeWind offshore wind project in the Dutch North Sea, which RWE is realizing together with its joint venture partner TotalEnergies,” said RWE.
Hyundai engine has revealed a hydrogen fuel cell electric vehicle (FCEV) concept. The South Korean car company has equipped the car with aerodynamic wheels to reduce drag, wrapped in low rolling resistance tires “for a targeted driving range of more than 400 miles between refills.” The power of the electric motor is up to 150 kW. The production version of the car will be launched in the first half of 2025.
Masdar It appears to have postponed its goal of producing 1 million tons of green hydrogen from 2030 to 2034, according to a Bloomberg report that the company’s press office neither confirmed nor denied. “We remain committed to supporting the goals set out in the UAE National Hydrogen Strategy and achieving our ambitions to become a leading green hydrogen producer globally by 2030,” the company said. pv magazine. That was recently in one press release on the completion of a pilot project using green hydrogen to produce green steel in the United Arab Emirates, which it aims to achieve within ten years.
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