WEEKLY NEWS ROUND UP
Welcome to another edition of our Weekly News Round Up of interesting articles in the sustainability space!?
Here are our top 5 news pieces for this week with key takeaways:
1. Hygreen Energy to invest $2.2bn in Spanish green hydrogen projects
-
Hygreen Energy
announced that, alongside its partners, it will invest €2bn ($2.2bn) in green #hydrogen projects in the southern Spanish region of Andalusia ??
- The Chinese #electrolyser manufacturer, which has a global manufacturing capacity of 2GW as of 2024, plans to manufacture and develop its hydrogen technology in the region in collaboration with Spanish #energy utility
Coxabengoa
?
- With Hygreen’s #funding, Coxabengoa aims to develop two hydrogen projects, one in Málaga for component manufacturing and another in Huelva for #greenhydrogen production. The electrolyser production factory will initially focus on 5MW electrolysers and is set to have a capacity of up to 5GW ??
- According to a report published by Power Technology’s parent company,
GlobalData Plc
, Spain aims to achieve 74% electricity generation through #renewables by 2030, with green hydrogen set to be a significant part of this objective ??
- Hygreen’s investment is expected to help develop Andalusia as a green hydrogen leader in Spain and Europe. The region is already well-positioned for this initiative due to its abundant #wind and #solar potential ??
2. EasyJet teams up with US start-up to develop ultra-efficient 'blended wing' aircraft
-
easyJet
has agreed a partnership with US aviation tech start-up
JetZero
aimed at accelerating the development of novel 'blended-wing' #aircraft, which are designed to be both far more fuel efficient than conventional designs and capable of facilitating #zeroemission hydrogen-powered flight ??
- The partnership makes the airline the first in Europe to team up with JetZero, which is already working with the
United States Air Force
,
NASA - National Aeronautics and Space Administration
, and the
Federal Aviation Administration
(FAA) to bring the first blended wing aircraft into service by 2030 ??
- EasyJet touted JetZero's blended-wing body as "potentially the biggest leap in commercial aircraft design since the beginning of the jet age", adding that it would help support the global aviation industry's #transition to net zero emissions ??
- Moreover, the design potentially enables the aircraft to hold heavier engines and fuel without compromising passenger capacity, making it ideal for hydrogen #fuelcell powertrains, which could enable zero emission flight in the future, easyJet said ??
- Under the partnership, easyJet said it would share knowledge garnered through its ongoing work with industry partners to develop hydrogen #propulsion systems and explore the potential for using the blended-wing design to support hydrogen-powered planes in future ??
3. Ontras looks to bring hydrogen from 1GW Danish project to German customers
-
MorGen Energy
and German transmission system operator (TSO)
ONTRAS Gastransport GmbH
have agreed to explore transporting #hydrogen from a planned 1GW plant in Denmark through the German hydrogen core network (HCN) to industrial customers ??
- Under a Memorandum of Understanding (MoU), the pair plan to determine the technical and #commercial requirements of bringing green hydrogen from H2 Energy’s Esbjerg plant to #chemical, steel and power customers in Rostock, Berlin, Leipzig and Eisenhüttenstadt ??
- If successful, the companies could use Onstras’ Green Octopus Mitteldeutschland (GO!) pipeline project – a 300km network connecting the industrial regions which secured EU #funding – and Germany’s 9,700km HCN ??
- Ontras, alongside its parent company
EnBW
, submitted a joint application to establish the HCN, estimating an #investment of around €1bn ??
- H2 Energy Europe’s 1GW Esbjerg plant received #environmental approval in January, bringing it closer to final investment decision (FID) and hydrogen production start-up by 2028 ?
4. Cobra secures $160m subsidy for green hydrogen initiative
- #Spain has granted a €150m ($165m) subsidy to support one of Cobra’s green hydrogen projects it is involved in,
H2 View
understands ??
- Announced by the Spanish Industry Minister,
Jordi Hereu
, the subsidiary of French company
VINCI
is expected to use the funding to boost one of its green hydrogen initiatives ??
- The project, located in Castellón, is anticipated to focus on the #production, #storage, #transportation and #distribution of hydrogen to strengthen the supply chain ??
- In 2022, the
European Commission
originally approved a €220m ($243m) grant to support Cobra’s #renewable hydrogen production ambitions under EU State aid rules ??
5. Veidekke chooses Norwegian Hydrogen to supply hydrogen for a second asphalt plant, expanding operations to ?lesund
-
Veidekke
, one of Scandinavia’s largest #contractors, expands its collaboration with Norwegian Hydrogen by contracting a supply of green hydrogen to Veidekke’s newly converted plant in ?lesund ??
- This move will enable Veidekke to utilize hydrogen at two of its #asphalt production plants, further solidifying its commitment to reducing #carbonemissions in its operations ??
- Earlier this year, it was announced that
Norwegian Hydrogen
would deliver green hydrogen produced in Hellesylt to Veidekke’s first asphalt plant in Kristiansund, the world’s first factory capable of producing asphalt solely using hydrogen as an #energycarrier for the heating process ??
- “There are huge #climate benefits to be gained by using green hydrogen within several industry segments. It is inspiring to work with the team at Veidekke, who shares our ambition to lead the way in the climate transition of these sectors. Congratulations to Veidekke on the opening of the new ?lesund facility. We are thrilled to expand this collaboration with deliveries to ?lesund.”
Simen Skaare Eriksen
, Chief Commercial Officer at Norwegian Hydrogen ???
ATOME in the press ??
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