The European Commission has given 235 cross-border energy projects the status of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs), the second list of such projects since its launch in 2023. Among the 235 projects, 100 will be hydrogen and electrolyser projects. The selected projects will be eligible for EU funding from the Connecting Europe Facility and will benefit from streamlined approval and regulatory processes. “The Commission will support the implementation of these projects through enhanced political coordination with the Member States concerned, making use of the Energy Union Task Force and the regional high-level groups designed to support energy infrastructure development in key regions, including with partner countries,” the report said in a statement.
The Spanish government announced an additional €415 million ($483.3 million) contribution to the European Hydrogen Bank’s Community Auction-as-a-Service (AaaS) program to finance new national green hydrogen projects. “With this contribution we have reached the amount of 3.155 billion euros to make hydrogen a reality,” said Sara Aagesen, Deputy Prime Minister and Minister of Ecological Transition and Demographic Challenge.
Hyundai engine And Air liquid announced the expansion of their partnership to accelerate the growth of the global hydrogen ecosystem. “The partnership will focus on scaling up hydrogen use in key regions including Europe, Korea and the United States, with a specific focus on heavy transport, logistics and public transportation,” the Korean company said.
BP has officially withdrawn its plans to develop the H2 Teesside hydrogen and carbon capture project in Britain, the oil and gas company said in a statement.
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