The European Commission has launched the hydrogen mechanism to support the matching supply and demand based on its energy and raw material platform, while the US Senate has advanced a budget law to extend the deadline for 45V tax credits for hydrogen production until the end of 2027.
The European Commission has launched the hydrogen mechanism, the first such program under the EU energy and raw material platform that is in operation. The hydrogen mechanism enables stakeholders to register for the first round of corresponding supply and demandwhat is planned before September 2025. “The hydrogen mechanism is intended to authorize market participants by matching and aggregating the demand and supply, helping to identify needs with regard to the development of infrastructure and to make it easier to access information about financial solutions,” ” said The European Commission notes that the Regulation on internal markets for renewable gas, natural gas and hydrogen is obliged to set up and operate a hydrogen mechanism for a limited duration until the end of 2029.
The American Senate has adopted an updated version of the Budget Reconciliation Bill 51-50, which may expand the deadline for 45V tax credits for hydrogen production, announced within the US Inflation Reduction Act (IRA). The updated concept of the Senate budget committee enables developers to start construction by 31 December 2027, instead of January 1, 2026. The scheme offers up to $ 3/kg. “The bill must now be recorded by the house,” said Law firm Holland & Knight.
Air fluid has become a member of the newly launched Global Hydrogen Mobility Alliance, a coalition of industrial leaders that include manufacturers of equipment, suppliers of car suppliers and technology and players of energy and chemicals. “The alliance evokes the acceleration of The development of hydrogen mobility to guarantee the industrial strength and sustainability of Europe, ” said The French industrial gas company.
Stanwell has ended its involvement in the 3 GW Central Queensland Hydrogen Project (CQ-H2) projectThe largest project to start front-end engineering design. The government utility said It Also stopped his involvement in other activities for hydrogen development.
APEX NOVAa 100% subsidiary of H2APEXhas become the only owner of all shares in HH2E Werk Lubmin After completing the insolvency plan procedure. “This means that being next to own Project, which has been in force since 2023, now has another strategically important project to produce green hydrogen at the most attractive hydrogen location in Lubmin, ” said the German hydrogen developer and operator in a press release from an e -mail. H2APEX noted that the obtained site already has access to grid via the operator of the Transmission System 50Hertz and a water supply, with a future potential for hydrogen injection in the planned transmission network. The company said that in the first phase in the first phase in the first phase, it is planning to build a 100 MW factory, with a medium -term objective to extend it to 1 GW.
This content is protected by copyright and may not be reused. If you want to work with us and reuse part of our content, please contact: editors@pv-magazine.com.
