Connection

popular articles

ExxonMobil Launches $75 Million Pipeline Project in Argentina
Suzlon signs 81.9MW contract with Oyster Green Hybrid One
Fusion Fuel continues its Green Hydrogen Project in Toledo
Akuo launches participatory financing for its solar power plants in Greece
First phase of Suriname photovoltaic project delivered

Neste supported by the European Union

Neste receives EU funding for renewable hydrogen projects in Porvoo, Finland.

Please share:

Neste receives EU funding for renewable hydrogen projects in Porvoo, Finland.

An IPCEI project

Neste receives €27.7 million in EU funding for renewable hydrogen projects at Porvoo refinery. The objective is to develop solutions for the production of renewable hydrogen. In addition, in July 2022, the company was the first Finnish company to receive IPCEI status from the European Commission.

Obtaining IPCEI (Important Project of Common European Interest) status allowed Neste to apply for public funding. EU IPCEI projects promote the EU’s strategic objectives. In addition, they support common interests by supporting innovation projects in different member states.

Political support

The grant decision for the Porvoo refinery is part of the first wave of the Union’s IPCEI hydrogen projects. The objective is to develop and accelerate the production and use of renewable hydrogen throughout Europe. In addition, projects related to the hydrogen economy value chain are part of the Finalnde’s sustainable growth program.

Outi Ervasti, vice president of renewable hydrogen at Neste, says:

“Neste’s goal is to strengthen the European hydrogen value chain and be at the forefront of the production and development of renewable hydrogen solutions. This grant will have a significant impact on the progress of our green hydrogen projects in today’s challenging business environment. We would like to thank the Finnish Ministry of Economic Affairs and Employment and Business for the funding and their support in the application process.”

In September 2022, Neste launched a strategic study on the long-term transition of its Porvoo refinery. The company aims to make the refinery a global site for renewable and circular solutions.

Register free of charge for uninterrupted access.

Publicite

Latest news

The Czech Republic aims for 68% nuclear electricity by 2040
The United States lifts 200 restrictions on Indian nuclear entities
Senegal: Sangomar Exceeds Oil Production Targets for 2024
Nigeria aims for a 140% increase with Seplat Energy
Mauritania secures 27 million dollars to develop its energy sector

Recently published in

At What Price Does Hydrogen Become Profitable?

The race for low-carbon hydrogen is intensifying, and the question of its breakeven threshold is gaining momentum.
Utility and GH EnA develop seven hydrogen projects in South Korea
Utility and GH EnA collaborate to build seven hydrogen production facilities using biogas in South Korea, as part of a strategic partnership for the transport and energy sectors.
en_11401167540
Utility and GH EnA develop seven hydrogen projects in South Korea
Utility and GH EnA collaborate to build seven hydrogen production facilities using biogas in South Korea, as part of a strategic partnership for the transport and energy sectors.
en_11401167540
Boston: Ionomr Innovations opens a 1,800 m² factory for PFAS-free membranes
Ionomr Innovations has established a 1,800 m² factory in Boston. This facility aims to meet the growing demand for PFAS-free membranes in strategic industrial applications and is expected to create 40 jobs over the next three years.
en_11401169540
Boston: Ionomr Innovations opens a 1,800 m² factory for PFAS-free membranes
Ionomr Innovations has established a 1,800 m² factory in Boston. This facility aims to meet the growing demand for PFAS-free membranes in strategic industrial applications and is expected to create 40 jobs over the next three years.
en_11401169540
China Mobilizes 49% of Global Green Hydrogen Capacity in 2023
China announces an ambitious plan for green hydrogen, aiming to boost local production. This project, representing nearly half of global capacities, faces critical challenges related to purchase agreements.
en_11401147540
China Mobilizes 49% of Global Green Hydrogen Capacity in 2023
China announces an ambitious plan for green hydrogen, aiming to boost local production. This project, representing nearly half of global capacities, faces critical challenges related to purchase agreements.
en_11401147540

Israel and the United States invest 7.5 million dollars in collaborative energy projects

Israel and the United States are funding five collaborative projects in sustainable energy, including hydrogen, recycling, and energy efficiency, for a total contribution of 16 million dollars.
Singapore Grants PacificLight Power the Development of a 600 MW Hydrogen Power Plant
PacificLight Power will develop a hydrogen-compatible combined cycle gas turbine (CCGT) plant on Jurong Island. Scheduled for 2029, this 600 MW facility strengthens Singapore's strategic objectives for energy security and decarbonization.
en_11401121540
Singapore Grants PacificLight Power the Development of a 600 MW Hydrogen Power Plant
PacificLight Power will develop a hydrogen-compatible combined cycle gas turbine (CCGT) plant on Jurong Island. Scheduled for 2029, this 600 MW facility strengthens Singapore's strategic objectives for energy security and decarbonization.
en_11401121540
Illinois Secures $820 Million Investment for Sustainable Aviation Fuel Facility
Illinois to host a sustainable aviation fuel facility with a $820 million investment, targeting carbon reduction and boosting the regional economy.
en_11401091540
Illinois Secures $820 Million Investment for Sustainable Aviation Fuel Facility
Illinois to host a sustainable aviation fuel facility with a $820 million investment, targeting carbon reduction and boosting the regional economy.
en_11401091540
The United States strengthens low-carbon hydrogen with a cost target of $1.32/kg
American industries are adopting low-carbon hydrogen, supported by tax credits and competitive prices. A key solution for the carbon reduction of strategic sectors facing logistical and economic challenges.
en_11401097540
The United States strengthens low-carbon hydrogen with a cost target of $1.32/kg
American industries are adopting low-carbon hydrogen, supported by tax credits and competitive prices. A key solution for the carbon reduction of strategic sectors facing logistical and economic challenges.
en_11401097540

Poland installs a hydrogen station in Katowice to refuel 20 buses per day

Katowice inaugurates a strategic hydrogen station, co-financed by the European Union, strengthening infrastructure for public and private transport in Poland.
Germany Approves Three Certification Systems for Green Hydrogen with a 3-Euro Bonus Per Kilo
Germany officially validates the use of three European certification systems for renewable hydrogen, paving the way for national subsidies and improved energy traceability.
en_11401016540
Germany Approves Three Certification Systems for Green Hydrogen with a 3-Euro Bonus Per Kilo
Germany officially validates the use of three European certification systems for renewable hydrogen, paving the way for national subsidies and improved energy traceability.
en_11401016540
United Kingdom: Ballard Secures 6.4 MW Contract for Public Zero-Emission Buses in Europe
Ballard Power Systems announces an order of 90 fuel cells, totaling 6.4 megawatts, for public buses in the United Kingdom and Europe. These initiatives are supported by public funding programs for energy transition.
en_1140996540
United Kingdom: Ballard Secures 6.4 MW Contract for Public Zero-Emission Buses in Europe
Ballard Power Systems announces an order of 90 fuel cells, totaling 6.4 megawatts, for public buses in the United Kingdom and Europe. These initiatives are supported by public funding programs for energy transition.
en_1140996540
Low-carbon hydrogen in Mexico: Nuevo León and the World Bank aim for 7 million tons by 2030
Nuevo León joins a World Bank program to develop 7 million tons of low-carbon hydrogen by 2030, a strategic milestone for renewable energy and regional energy policy.
en_1140968540
Low-carbon hydrogen in Mexico: Nuevo León and the World Bank aim for 7 million tons by 2030
Nuevo León joins a World Bank program to develop 7 million tons of low-carbon hydrogen by 2030, a strategic milestone for renewable energy and regional energy policy.
en_1140968540

Hydrogen: Air Liquide announces a project in Antwerp for 2025

Air Liquide will develop an ammonia cracker in Antwerp in 2025 to support low-carbon hydrogen supply in Europe. A strategy addressing regional economic and environmental challenges.
Qingdao: Sinopec launches 20 m³ per hour green hydrogen production from seawater
Sinopec inaugurates a pioneering green hydrogen project in Qingdao, using seawater and solar energy to produce 20 cubic meters per hour, a strategic advancement for national energy autonomy.
en_1140967540
Qingdao: Sinopec launches 20 m³ per hour green hydrogen production from seawater
Sinopec inaugurates a pioneering green hydrogen project in Qingdao, using seawater and solar energy to produce 20 cubic meters per hour, a strategic advancement for national energy autonomy.
en_1140967540
Axpo launches a new hydrogen plant in Switzerland to strengthen its industrial positioning
Axpo and its partners have started construction of a hydrogen plant in Bürglen. This facility will produce 260 tonnes of hydrogen annually for industrial and mobility applications.
en_1140931540
Axpo launches a new hydrogen plant in Switzerland to strengthen its industrial positioning
Axpo and its partners have started construction of a hydrogen plant in Bürglen. This facility will produce 260 tonnes of hydrogen annually for industrial and mobility applications.
en_1140931540
Everfuel and Karlstads Energi receive potential funding for a hydrogen project in Sweden
Everfuel and Karlstads Energi have received a funding notification for a 20 MW electrolyzer project in Karlstad, financed by Sweden’s Klimatklivet program.
en_1140930540
Everfuel and Karlstads Energi receive potential funding for a hydrogen project in Sweden
Everfuel and Karlstads Energi have received a funding notification for a 20 MW electrolyzer project in Karlstad, financed by Sweden’s Klimatklivet program.
en_1140930540

South Korea: Low-carbon hydrogen tenders struggle due to high costs

South Korea’s low-carbon hydrogen energy tenders struggle to attract bidders due to insufficient price ceilings and a lack of appropriate incentive clauses.
First Hydrogen explores SMRs to industrialize green hydrogen production
First Hydrogen explores SMRs to industrialize green hydrogen production
en_1140895540
First Hydrogen explores SMRs to industrialize green hydrogen production
First Hydrogen explores SMRs to industrialize green hydrogen production
en_1140895540
Les opérateurs de réseaux lancent les études de faisabilité du corridor hydrogène nordique-baltique
Les opérateurs de réseaux lancent les études de faisabilité du corridor hydrogène nordique-baltique
en_1140897540
Les opérateurs de réseaux lancent les études de faisabilité du corridor hydrogène nordique-baltique
Les opérateurs de réseaux lancent les études de faisabilité du corridor hydrogène nordique-baltique
en_1140897540
The network operators launch feasibility studies for the Nordic-Baltic Hydrogen Corridor
Six European network operators initiate an in-depth feasibility phase to assess the technical and economic viability of a hydrogen corridor connecting several strategic markets.
en_1140898540
The network operators launch feasibility studies for the Nordic-Baltic Hydrogen Corridor
Six European network operators initiate an in-depth feasibility phase to assess the technical and economic viability of a hydrogen corridor connecting several strategic markets.
en_1140898540

Hygreen Energy delivers 25 MW electrolyzer for the largest hydrogen project in Shandong

Hygreen Energy has supplied a 25 MW electrolyzer system to Huadian Weifang Power Generation Co., marking a key milestone in large-scale hydrogen production and China’s energy transition.
Air Liquide receives €110M for a hydrogen project in Antwerp
Air Liquide secures European funding to develop a hydrogen infrastructure from ammonia in the Antwerp-Bruges port, strengthening its industrial strategy in the energy sector.
en_1140842540
Air Liquide receives €110M for a hydrogen project in Antwerp
Air Liquide secures European funding to develop a hydrogen infrastructure from ammonia in the Antwerp-Bruges port, strengthening its industrial strategy in the energy sector.
en_1140842540
Ballard Power Systems to Supply Hydrogen Engines for Zero-Emission Trains in California
Ballard Power Systems announces a strategic partnership with Stadler US to provide 8 MW of FCmove®-HD+ engines for zero-emission trains for Caltrans, supporting California's environmental goals.
en_1140783540
Ballard Power Systems to Supply Hydrogen Engines for Zero-Emission Trains in California
Ballard Power Systems announces a strategic partnership with Stadler US to provide 8 MW of FCmove®-HD+ engines for zero-emission trains for Caltrans, supporting California's environmental goals.
en_1140783540
Oman and Belgium Unite for a Strategic Partnership Around Green Hydrogen
A memorandum of understanding between Oman and Belgium marks a turning point for the hydrogen economy, strengthening international cooperation and accelerating progress in technologies and infrastructures related to this clean energy.
en_1140761540
Oman and Belgium Unite for a Strategic Partnership Around Green Hydrogen
A memorandum of understanding between Oman and Belgium marks a turning point for the hydrogen economy, strengthening international cooperation and accelerating progress in technologies and infrastructures related to this clean energy.
en_1140761540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS