Daxing International Hydrogen Park

Columbia Center on Sustainable Investment released a report titled "Financing Pathways for the Energy Transition: A Regional Approach". 2024 in collaboration with Council of Engineers for the Energy Transition supported by Environmental Defense Fund - This report highlights the crucial financing pathways needed to achieve a successful clean energy transition, focusing on four key regions: #Africa, #Asia and the #Pacific, #LatinAmerica the #Caribbean, and #Europe. - It identifies unique opportunities and shared challenges in addressing climate finance gaps and advancing regional energy strategies. - The report underscores the urgent need for innovative financing mechanisms, debt relief, public-private partnerships, and the enhanced role of multilateral development banks (MDBs) in addressing climate finance gaps, especially in Emerging Markets and Developing Economies (EMDEs). Key Highlights: - EMDEs will require USD 2.4 trillion annually by 2030, representing over a fivefold increase from 2020 levels - EMDEs are generally facing interest costs 700 to 1,500 basis points higher than developed markets - Common Challenges Across Regions: High financing costs, fiscal constraints, and inconsistent regulatory frameworks hinder the energy transition across Africa, APAC, LAC, and Europe. - Regional Opportunities: >Africa: Vast renewable potential but significant energy poverty. >Asia and the Pacific: Significant challenges with coal dependency and infrastructure limitations. >Latin America and the Caribbean: Must address regional interconnections and financing for large-scale renewable projects. >Europe: An advanced regulatory environment with ambitious climate targets, yet facing poor implementation and financial hurdles due to tight monetary conditions and competing public budget demands. Author Ana Maria Camelo Vega Osama Fawzy Georgy HENEIN, MBA

The French regulator has published a report on the future framework for #hydrogen and #CO2 infrastructure regulation ℹ CRE - Commission de régulation de l'énergie was asked by the French ministry to contribute to the works of the government on an appropriate regulatory framework for two emerging, capital intensive sectors 1️⃣ #Hydrogen transmission, distribution and storage 2️⃣ #CO2 networks, export terminals and storages 🎯 For hydrogen 12 recommendations are offered based on the need to transpose the Gas & Hydrogen Package and taking into account the French #hydrogenstrategy, which foresees a progressive deployment of infrastructures starting from valleys around industrial hubs, their connection to storages and an European network in the longer term 💡It notes that the French electricity mix is already decarbonized and allows producing #lowcarbonhydrogen [ France reports that “the GHG emissions linked to the production mix of the ‘Continental France’ price zone according to the methodology in Reg. 2023/1185 were 15.7 gCO2e/MJ in 2021” (i.e. well below 18 gCO2e/MJ) UNBUNDLING 🔹For geographically limited networks, exemptions from vertical unbundling obligations to be granted on a case-by-case basis 🔹On Horizontal unbundling, cross-subsidies between electricity, gas and H2 systems to be avoided, establishing of subsidiaries subject to accounting unbundling and sufficient management autonomy from the other activities of the operator, based on a robust governance. Exemptions from horizontal unbundling should be examined on a case-by-case basis TARIFFS Two-tier tariff structure (regional and national) 🔹Differentiated tariffs per (regional) hub, dimensioning regional hubs according to needs expressed by users and avoiding subsidies (which should be prioritized for users), being appropriate to cap tariffs for the first entrants. 🔹Tariffs for the national network (connections to storage facilities, between hubs, with neighbouring countries, etc.), corresponding to a system dimensioned anticipating needs from the sector and where public support is required. The CRE would favour the German model (30-year amortisation account), being less costly for the State and allowing risk-sharing with operators. DISPUTE SETTLEMENT Delegate it to CoRDiS PLANNING The regulator should not only be empowered to examine the national TYNDP but to approve the annual investment programmes of these operators GRID BALANCING AND SECURITY OF SUPPLY Grid operators should have sufficient physical and contractual tools to enable them to balance their networks: (1) regulatory mechanismallowing them to modify the output of connected electrolysers; (2) in the medium term, when a network is connected to storage, operators should be able to access it in order to benefit from its flexibility STORAGE Too early to define a precise regulatory model in view of technical and economic uncertainties Osama Fawzy Georgy HENEIN, MBA

📢 Our new Hydrogen Insights 2024 report released today reveals $75 billion in committed capital for global #hydrogen projects but climate targets at stake due to project delays. 💡 USD 75 billion of committed capital in global projects past FID, a seven-fold increase in just four years. 💡 A clear shift from announcements to advanced project stages, coupled with natural attrition – project success rates consistent with other #cleanenergy industries. 💡 Regulatory uncertainty, supply chain constraints and macroeconomic headwinds fueling delays. 💡 Another 8-fold jump in investment needed by 2030 in order to reach #climategoals, requiring urgent joint action by the industry and governments. Read our press release to find out more 👇 #HydrogenInsights2024

BMW Group to launch first #hydrogen vehicle in 2028 using technology developed with Toyota Motor Corporation. “This is a milestone in automotive history: the first-ever series production fuel cell vehicle to be offered by a global premium manufacturer. Powered by hydrogen and driven by the spirit of our cooperation, it will underscore how technological progress is shaping future mobility,” said Oliver Zipse, Chairman of the Board of Management of BMW AG. “And it will herald an era of significant demand for fuel cell electric vehicles.” Press release 👉 https://lnkd.in/dWWrjM8N

The Biden-Harris Administration is advancing clean #hydrogen technologies with a $62M investment in 20 projects across 15 states. “...America is leading the world in the development and deployment of clean hydrogen – a versatile fuel critical to reducing emissions from the most energy-intensive and polluting sectors of our economy,” said U.S. Secretary of Energy Jennifer Granholm. Projects selected will enhance hydrogen fueling infrastructure, develop hydrogen-powered port equipment, and promote equitable deployment of hydrogen technologies. Find out more in the U.S. Department of Energy (DOE)'s press release ⬇️

Tres nuevas iniciativas para potenciar la cadena de valor del sector del hidrógeno se implementarán en #Andalucía (#España): ● La multinacional china Hygreen Energy, una de los principales fabricantes de #electrolizadores del mundo, construirá en #Huelva una #fábrica de #hidrógenoverde de 1 GW que la empresa onubense Kemtecnia comercializará en el mercado español y europeo. ● Por otro lado también, Hygreen Energy prevé ubicar en #Málaga una nueva sede para fabricar componentes de electrolizadores. ● Y por último, se ha firmado otro acuerdo para producir #equipos en la #fábrica de #Sevilla del grupo Coxabengoa. Los #acuerdos fueron anunciados durante una visita del presidente andaluz al parque tecnológico de energías renovables de Daxing International Hydrogen Park, a las afueras de #Pekín (#China). ‐‐--‐---------- Three major initiatives that boost the value chain of the hydrogen sector will be implemented in #Andalusia (#Spain): ● The Chinese multinational Hygreen Energy, one of the leading manufacturers of #electrolizers in the world, will build a 1 GW #greenhydrogen plant in #Huelva that the company from Onís Kemtecnia will market in the Spanish and European markets. ● On the other hand, Hygreen Energy also plans to locate in #Malaga a new site to #manufacture #components for #electrolyzers. ● And finally, another #agreement has been signed to produce #equipment in the #factory of #Seville of the group Coxabengoa. The #agreements were announced during a visit by the Andalusian president to the renewable energy technology park of Daxing International Hydrogen Park, just outside of #Beijing (#China). #futuro #empleo #future #employment #freeCO2 https://lnkd.in/dThM9yUW

Collaboration between industry and policymakers plays a critical role in accelerating clean #hydrogen. Hear from our members on why they think collective action and partnership in hydrogen is so powerful. With thanks to Tony Will, President & CEO, CF Industries; Roeland Baan, President & CEO, Topsoe; Boudewijn Siemons, CEO, Port of Rotterdam; Anne-Laure de Chammard, Group Executive Board Member, Siemens Energy; Martin Daum, Chairman of the Board of Management and CEO, Daimler Truck AG; Randy MacEwen, President and CEO, Ballard Power Systems; and Mohammad El-Ramahi, Chief Green Hydrogen Officer, Masdar (Abu Dhabi Future Energy Company). To watch more of our CEO video series, visit our content hub, Hydrogen in Action: https://lnkd.in/ehCmpiDQ

Walking the talk: In July 2024, within just one month, six European #hydrogen projects reached final investment decision (#FID), collectively representing nearly 1 GW of #electrolyser capacity, set to be built by 2030. ➡️ bp Aberdeen Hydrogen Energy Limited: 10 MW renewable hydrogen facility in Aberdeen, Scotland to be operational by 2028. ➡️ bp Castellón Refinery in Spain: 200 MW electrolysis capacity in the first phase, expected to be operational by 2026. ➡️ EWE AG Clean Hydrogen Coastline: 280 MW electrolysis project in East Frisia, Germany to be operational by 2027. ➡️ Shell: 100 MW renewable hydrogen electrolyser in Germany to be operational by 2027. ➡️ TotalEnergies and RWE: 795 MW OranjeWind offshore wind farm in the Netherlands to power 350 MW electrolyser projects, to be fully operational by 2028. ➡️ Virya Energy, HyoffGreen, and Messer SE & Co. KGaA: 25 MW renewable hydrogen production plant in Zeebrugge, Belgium to be operational by 2026.   Stay tuned for an update on industry progress in FID around the world in the Council’s next Hydrogen Insights report, set to be released in September 2024.