Hydrogen investments progress worldwide

Canada, Italy, Australia and the UK announce substantial funding for hydrogen projects, illustrating a shared commitment to a global energy transition.

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Recent announcements of funding for hydrogen projects demonstrate the growing willingness of nations to diversify their energy sources and reduce their carbon footprint.
Canada, Italy, Australia and the UK are at the forefront of this transition.

Canada-Germany partnership

Canada recently declared its intention to invest up to 300 million Canadian dollars to support hydrogen trade with Germany.
This funding, scheduled to be allocated through competitive auctions by the end of the year, is part of the Canada-Germany Hydrogen Alliance.
The aim is to facilitate Canadian companies’ access to German markets for their energy products, while ensuring that Germany benefits from competitively priced energy sources.
This collaboration illustrates the importance of international cooperation in the development of next-generation energy technologies.
It also highlights Canada’s strategy to become a key player in the global hydrogen market.

Italian commitment

At the same time, Italy has activated a 994 million euro fund to support the Important Project of Common European Interest (IPCEI) Hy2Infra project.
This decision follows the European Commission’s authorization to propose state aid from seven European countries for a total of 6.9 billion euros.
The Italian fund aims to strengthen the infrastructure required for the hydrogen boom in Europe, by supporting local companies in the implementation of innovative projects.
The Italian initiative is crucial to the development of a European hydrogen network.
It aims to create a solid base for the expansion of this technology and ensure Europe’s competitiveness in the global energy market.

Research and Development in Australia

Researchers in Australia are focusing on the best methods for exporting hydrogen to Japan by 2030.
Their techno-economic analysis, taking into account the efficiency of PEM electrolyzers and overload capacity, indicates that liquid ammonia (LNH3) and methyl cyclohexane (MCH) are the most cost-effective carriers.
This research is key to understanding how to reduce costs and increase production capacity to make hydrogen more affordable.
The results of this study offer valuable perspectives for hydrogen export, not only for Australia but also for other nations considering similar strategies.

Initiatives in the UK

The UK is no exception, with its Verdant project.
Green Marine UK has obtained approval in principle to retrofit crew transfer vessels with hydrogen, fuel cells and batteries.
The initial phase of the project, which includes a feasibility and preliminary design study, has been deemed viable, paving the way for sea trials and further development phases.
This project reflects the UK’s commitment to exploring innovative and sustainable energy solutions, particularly in the marine sector.

Global Outlook

These funding announcements illustrate the strong international momentum in favor of hydrogen.
They show how different countries, by investing in infrastructure and advanced technologies, are collectively contributing to the global energy transition.
Collaboration between nations, supported by public and private investment, is essential to accelerate the development of sustainable energy solutions.
The efforts of Canada, Italy, Australia and the UK show that hydrogen is becoming a key component of global energy strategy.
By working together and investing heavily, these countries are paving the way for a cleaner, more sustainable future.

EDF power solutions has inaugurated a hydrogen pilot plant at the Norte Fluminense thermal power plant, with an investment of BRL4.5mn ($882,000), as part of Aneel's R&D programme.
Plug Power plans to generate $275mn by divesting assets and reallocating investments to the data center market, as part of a strategy focused on returns and financial discipline.
GreenH launches construction of three green hydrogen projects in Bodø, Kristiansund and Slagentangen, backed by NOK391mn ($35.86mn) in public funding, aiming to strengthen decarbonised maritime supply along Norway’s coast.
Nel ASA becomes technology provider for the Enova-supported hydrogen sites in Kristiansund and Slagentangen, with a combined minimum capacity of 20 MW.
French hydrogen producer Lhyfe has signed an agreement to supply 90 tonnes of RFNBO-certified hydrogen to a private fuel station operator in Germany for a fleet of buses.
Loblaw and FortisBC are trialling a hydrogen-powered heavy truck between Vancouver and Squamish, marking a step in the integration of low-emission solutions in Canada’s grocery logistics.
Next Hydrogen announces a private equity placement of CAD$20mn to CAD$30mn ($14.55mn to $21.83mn), led by Smoothwater Capital, to accelerate the commercialisation of its electrolyzers and support its industrial growth.
Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.
Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.
Driven by aerospace, industrial gas, and hydrogen investment, the global liquid hydrogen micro-storage systems market is projected to grow 9% annually through 2034.
The suspension of ARCHES is not slowing hydrogen initiatives in California, where public authorities are accelerating projects for production, transport and use of the fuel in local infrastructure.
The HySynergy I plant produces eight tons of hydrogen per day from renewable energy and marks a new milestone in the deployment of low-carbon hydrogen in Europe, with medium-term expansion projects.
Ahead of Hyd’Occ’s commissioning, Qair hosts hydrogen sector operators and decision-makers in Béziers to coordinate the industrial integration of local production into regional transport.
Plug Power has signed a supply agreement with Allied Biofuels to equip a sustainable fuel production site in Uzbekistan, bringing total contracted capacity with Allied partners to 5 GW.
RIC Energy and Siemens have signed a strategic agreement to develop industrial projects in renewable hydrogen, sustainable aviation fuel, and green ammonia, focusing on two key sites in Spain.
Element One obtains an exclusive option to acquire up to 100% of Stone to H2, a New York-based company holding patented technology for hydrogen and critical mineral extraction from ultramafic rock.
Elogen will supply a 1 MW PEM electrolyser for a cogeneration plant operated by Veolia Energia Slovensko, in partnership with RoyalStav, near Žiar nad Hronom.
Researchers have designed a system that combines two ammonia production technologies to reduce costs, optimise industrial efficiency and significantly cut greenhouse gas emissions.
U.S.-based Utility will build a hydrogen production and certification facility in Seongnam, using biogas, marking a strategic step for the expansion of its H2Gen® technology in the South Korean market.
HTEC has inaugurated a clean hydrogen production facility in Burnaby, British Columbia, marking the launch of the province’s first commercial-scale electrolyzer, with a combined production capacity of 1.8 tonnes of clean hydrogen per day.

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