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Home - Solar Industry - The Hydrogen Stream: EU provides financial support for the auction of renewable hydrogen
Solar Industry

The Hydrogen Stream: EU provides financial support for the auction of renewable hydrogen

solarenergyBy solarenergyNovember 19, 2024No Comments3 Mins Read
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The European Commission, Austria, Lithuania and Spain have announced new financial support measures for the development of renewable hydrogen, as the European Union prepares for the second auction of the European Hydrogen Bank.

November 19, 2024
Sergio Matalucci

The European CommissionAustria, Lithuania and Spain have announced new financial support for the development of renewable hydrogen. The three Member States will participate in the ‘auctions-as-a-service’ program as part of the European Hydrogen Bank’s second auction, which was launched on December 3. “In addition to the €1.2 billion in EU funding from the Innovation Fund, the three EU Member States will deploy more than €700 million in national funds to support renewable hydrogen production projects convenient in their countries,” said the European executive body. “The total financing mobilized by the renewable hydrogen auction will therefore be approximately €2 billion.”

Uniper has selected Electric Hydrogen as the exclusive partner to design a 200 MW PEM electrolysis plant for the Green Wilhelmshaven project in Northern Germany. Electric Hydrogen, which began preliminary front-end engineering design for the project in October 2024, explained that the production plant will work in conjunction with the nearby hydrogen import terminal. “Electric Hydrogen’s 100 MW low-cost electrolysis plants will be available for deployment in the European Union in 2026,” said the American company.

Sunfire will supply 50 MW of electrolysis capacity to Ren-Gas’ e-methane plant in Tampere, Finland. The German company said the equipment delivery will consist of five 10 MW pressurized alkaline electrolysis modules. Ren-Ga plans to start construction in 2025 and expects commercial operation in 2027.

See also  Australia accelerates the approval for 25 GW of renewable energy projects - PV Magazine International

Hystartogether with partners ABB, Equinor, Gassco and Yara Clean Ammonia, officially opened the HyPilot project, a field demonstration of 1 MW containerized PEM electrolyzer at the Kårstø gas processing plant in Rogaland, Norway. Hystar recently received a €26 million grant from the EU Innovation Fund to enable it to deploy its automated GW plant, with an annual capacity of 1.5 GW when the plant goes into operation in 2027. Annual production capacity could scale up to 4.5 GW by 2031, the partners said.

Flexens has published a report with Lhyfe and Stockholm University on the “BOxHy” project, which sets the stage for a six-year offshore oxygen injection pilot expected to start in a few months. Lhyfe said in an email note that the “partners also welcome the growing interest from scientists, industry and institutions in the important problem of ocean “choking” (deoxygenation) and the possibility of reoxygenation.

Syensqo has launched a fluorine ionomer produced with its patented new non-fluorosurfactant (NFS) technology. “The new quality is commercially available worldwide and is intended for use in selected hydrogen-related applications,” said the Belgian material producer. In 2022, it announced plans to produce nearly 100% of its fluoropolymers without fluorosurfactants by 2026.

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