Weekly News Round Up 14/04

WEEKLY NEWS ROUND UP

Welcome to this week's news round up of interesting and inspiring articles in the hydrogen space!

Here are our top 5 news pieces for this week with key takeaways:

1. Norwegian Government offers €6m for development of floating ammonia terminal -?Norwegian Government offers €6m for development of floating ammonia terminal (h2-view.com)

? Key takeaways:

• Finnish technology group 瓦锡兰 and Norway’s H?egh Evi , alongside other partners, have received €5.9m from the Norwegian Government to develop a floating #ammonia terminal to support #hydrogen imports. According to the partners, the government #funding will cover approximately 50% of the total budget of the project ??
• The project is hoped to enable ammonia to be converted back into hydrogen at receiving destinations ??
• “Hydrogen will play a considerable role in future renewable fuel consumption, and there is a clear need for the development of Ammonia as a storage and transportation carrier for hydrogen,” said Walter Reggente , Vice-President of W?rtsil? Gas Solutions ?

2. How hydrogen power could help Easter Ross-based Glenmorangie and Whyte & Mackay - EXPLAINED: How hydrogen power could help Easter Ross-based Glenmorangie and Whyte & Mackay (ross-shirejournal.co.uk)

?? Key takeaways:

• The Highlands is one of just 20 sites across the UK to receive funding to develop hydrogen energy as the Cromarty Hydrogen Project is in line for a share of the ￡240 million #NetZero Hydrogen Fund ??
• The Cromarty Hydrogen Project is run by Storegga , previously known as Pale Blue Dot Energy, with a view to supporting the energy demands of local distilleries ?
• A feasibility study led by with Storegga was funded by ScottishPower , The Glenmorangie Company , Whyte & Mackay and Diageo ??
• The plans are aimed at improving the country’s #energysecurity and independence and reducing household bills for the long term and maintaining a world-leading position in achieving #netzero ??

3. KBR signs MoU with Atlas Agro to accelerate green ammonia - KBR signs MoU with Atlas Agro to accelerate green ammonia (h2-view.com)

? Key takeaways:

• Under the terms of the MoU, KBR, Inc. will provide #technology licensing, basic engineering design, proprietary equipment and catalyst for the plants, which will produce zero-carbon nitrogen #fertilisers ??
• Doug Kelly , KBR President, Technology, said he was confident that it can drive schedule synergies across the series of plants “to accelerate availability of clean ammonia globally” ??
• Petter ?stb? , CEO, Atlas Agro , said, “Each of our green ammonia plants will produce fertiliser that will help feed nearly 16 million people and avoid global #carbonemissions of more than one million tons per year.” ??
• Last week its K-GreeN? technology was selected by AVINA Clean Hydrogen, Inc. for its #greenammonia project in the US. KBR will provide the process technology license and engineering design for a grassroots project to produce 2,200 MT per day of green ammonia ??

4. Funding Awarded to Research Integrated Hydrogen Hubs - Funding Awarded to Research Integrated Hydrogen Hubs (businessnewswales.com)

? Key takeaways:

• Wales & West Utilities is looking to develop ‘hydrogen hubs’ to help reduce emissions from #transport and #heat combined, with funding awarded for a new #research project ??
• The gas distribution company will lead on the three-month feasibility study, partnered with Guidehouse , National Grid Electricity Distribution, RWE and Pembrokeshire County Council ??
• The project will determine whether #hybridhydrogen and district heating systems can support the #decarbonisation of transport and heat at the lowest cost for customers. It will also identify opportunities for the co-location of electrolytic hydrogen refuelling stations and heat demand, where the cost-benefit of waste heat will also be assessed to minimise the cost of hydrogen for consumers ?
• With both Government and industry looking for ways to efficiently decarbonise heat and transport, hydrogen #fuelcell vehicle technology is seen as a credible option to decarbonise vehicles ??

5. UK delivers ￡23bn in low carbon investment in 2022 - UK delivers ￡23bn in low carbon investment in 2022 (h2-view.com)

? Key takeaways:

• The UK invested ￡23bn in new #lowcarbon investment in 2022 encompassing hydrogen, #renewables, carbon capture and storage, nuclear, #sustainable materials, energy storage, electrified transport and clean heat ??
• To deliver on the UK’s Net Zero ambitions, through the late 2020s and 2030s, an additional ￡50-60bn capital #investment will be required each year, according to the 2023 Green Finance Strategy ??
• Specifically with hydrogen, the UK Government has announced a suite of developments aiming to increase deployment of low carbon hydrogen in the UK, as it targets up to 10GW of low carbon #hydrogenproduction capacity by 2030 ??
• In 2022 D2N2 LEP committed ￡6.5m to support seven projects ranging from enabling hydrogen-fuelled buses and refuse lorries, and new approaches to anaerobic digestion, to decarbonising food and drink manufacturing ??
• Supplying the goods and services necessary to reach global #NetZero ambitions is estimated to be worth up to ￡1trn to UK businesses to 2030 ??

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