H2Global Stiftung

🌍🔋 Happy Hydrogen and Fuel Cell Day! On this day, we celebrate the potential of hydrogen as a clean energy source and its vital role in reducing emissions, especially in hard-to-abate sectors. Hydrogen has an atomic weight of approximately 1.008. It's the lightest and most abundant element in the universe, making it a key player in the transition to a sustainable energy future. H2Global has made substantial progress since last Hydrogen Day. Notable achievements include: 🏆 H2Global’s first pilot auction was successfully completed, marking a pivotal step in demonstrating the viability and impact of the H2Global mechanism. 💰 EUR 4.83 billion of additional funds were committed or earmarked to H2Global tenders to be run by @Hintco showcasing governments’ commitment to hydrogen and to fostering a globally traded market, including: 🇦🇺 pledged AUD 330 million for a joint H2Global tender with Germany  🇨🇦 earmarked CAD 300 million for a joint H2Global tender with Germany  🇩🇪 committed EUR 3.53 billion for a new H2Global tender and earmarked an additional EUR 600 million for new tenders. 🇳🇱 committed EUR 300 million for a joint H2Global tender with Germany 🌍 H2Global deepened its dialogue with various key players in Austria, Italy, Japan, Oman, Saudi Arabia, South Korea, UAE, USA. 🤝 H2Global enhanced its engagement with leading organizations, including the WB (#H4D Initiative), the IDB, IRENA, IEA, IEEJ, CGEP, OECD, and OIES. 🌱 H2Global Foundation’s corporate donor community grew to 72 members, demonstrating increased interest in H2Global’s work towards supporting the creation of markets for clean hydrogen 🌟 The H2Global Foundation was nominated for the #EartshotPrize and received a grant of USD 1 million from the Bezos Earth Fund, enabling H2Global to increase visibility and further its work as a green market maker. Partnerships with additional climate philanthropies are currently being developed.   Together, these milestones underscore H2Global’s collective journey toward a sustainable future powered by clean hydrogen. Let’s continue to drive innovation and foster partnerships in the hydrogen sector to effectively tackle the challenges of climate change. We want to take a moment on #HydrogenandFuelCellDay to recognize Sunita Satyapal at the US Department of Energy for all she has done and continues to do for clean hydrogen globally. Happy Hydrogen and Fuel Cell Day! 🌱💧 #HydrogenDay #H2Global #CleanEnergy #Sustainability #HydrogenEconomy

🌍 H2Global was on-site at #ClimateWeekNYC last week, and we left feeling inspired and energized by the conversations we had!   Key takeaways for H2Global include: It’s clear across all stakeholders that there is an urgent need to deliver essential solutions as time is running out ⏳. In short, it is past time to act 🚀.   We must look at and solve what’s holding up action and move faster towards solutions. We must identify innovations and initiatives that effectively address on-the-ground challenges and accelerate the energy transition across various sectors ⚡️.   For H2Global in particular it was an opportunity to:   1️⃣ Highlight H2Global’s contribution as a green market maker https://lnkd.in/egCzMUAJ 2️⃣ Explore ways in which the H2Global mechanism can be used to support the decarbonization of the shipping industry 🚢 by accelerating access to the clean fuels the sector needs 3️⃣ Discuss how the H2Global mechanism can be leveraged by offtakers to drive increased production of low and zero-carbon materials and fuels 4️⃣ Engage with various philanthropies active in the climate space, including our first philanthropic supporter, Bezos Earth Fund, to explore how H2Global can scale up to meaningfully accelerate the creation of clean fuel markets.   H2Global Executive Director Susana Moreira, reflecting on NYCW said:  "The emphasis on identifying strategic solutions that are already yielding tangible results made this NYCW feel truly impactful. The technology is in place; what the world needs now are functioning markets where companies can buy and sell green commodities to accelerate our journey to net zero."

"I'm honored to have participated in the panel on “Unleashing Market Forces to Scale Green Industry: Green Market Makers” at the #GreenMarketDay24. We are at a critical point in the market development for “clean hydrogen” and its derivatives. To meet our climate targets we need to reach the tipping point where market forces take over and green commodity markets flourish. Getting here will require governments and other market participants to provide financing, form coalitions, and build the market together. The Green Market Maker report by Bezos Earth Fund and Mission Possible Partnership is an excellent initiative that not only highlights critical issues but also highlights innovative solutions," says Markus Exenberger, Executive Director, H2Global Foundation. With thanks to my fellow panelists: Allison Saegh-Fleming of J.P Morgan, Bryan Fisher from RMI, David Crane Under Secretary for Infrastructure at the U.S. Department of Energy (DOE), Faustine Delasalle CEO of Mission Possible Partnership, and expertly moderated by Paul Bodnar from Bezos Earth Fund.

"A key focus for #NewYorkClimateWeek this year is how we can accelerate green commodity market creation. It’s inspiring to be here at the #GreenMarketDay24 event organized by Bezos Earth Fund and Mission Possible Partnership, listening to John Podesta Andrew Steer David Turk Sarah Bloom Raskin and Paul Bodnar talk about the need for experimentation and innovation to unleash the energy transition. Honored to see H2Global mechanism recognized as one of these critical innovations, as the sole active #GreenMarketMaker", says Susana Moreira, Executive Director H2Global. Check out the report website 👉 https://lnkd.in/eJZwpsGz

A new report launched today at #ClimateWeekNYC shows how H2Global is fast-tracking the Green Industrial Revolution!    The report by Mission Possible Partnership and Bezos Earth Fund -‘Unleashing Market Forces to Scale Green Industry: The Role of Green Market Makers’- published today at #GreenMarketsDay24 features H2Global as the first and sole active #greenmarketmaker.   Key findings:    🌎 H2Global is the first and only concessional capital-backed Green Market Maker operating globally as of September 2024, pioneering the H2Global double-sided auction mechanism implemented by Hintco that can be replicated across sectors and geographies. 📈 G20 countries can leverage “Green Market Makers” to catapult early markets for low-carbon products whilst optimising use of public funds and ensuring future industrial competitiveness.  🚀 Green ammonia, sustainable aviation fuels, green steel, and low-carbon cement markets are identified as priorities for rapid expansion through “Green Market Makers”.  The report has been developed by a working group comprising Mission Possible Partnership and Bezos Earth Fund alongside H2Global Foundation, RMI, Systemiq Ltd., Bain & Company, Center for Green Market Activation (GMA), J.P. Morgan, and Morrison Foerster.   👉 Explore the full findings and download the report here: https://lnkd.in/dtZKwX4D    #UnleashGreenMarketMakers #GreenMarketsDay24 #Hintco #Cleanhydrogen #Energytransition

As of 2024, H2Global stands as the sole green market maker seeking to create and scale nascent low-carbon markets. Follow us for relevant and timely updates during NYCW!

🌍 Meet H2Global at the Climate Week NYC 2024! 🤝    It’s Time to Lead –this year’s motto at Climate Week in New York City is a bold call to action.     Over 600 events will take place and H2Global will be there, hot on the heels of Australia’s and Germany’s joint announcement earlier this month committing EUR 400 million to the H2Global mechanism.     The H2Global leadership team Susana Moreira, Markus Exenberger, and Timo Bollerhey will share the impacts of the H2Global mechanism and Hintco across sectors and geographies thus far.     The team will be covering clean hydrogen and related topics including:     📗 Green market makers: lessons learned from H2Global, the sole green market maker operating today   🛳 Clean shipping fuels: supporting green corridors  📈 Demand: how can we use auction designs to support demand creation     If you would like to set up a meeting, please don't hesitate to contact our team. #ClimateWeekNYC 

🇦🇺 Australia and 🇩🇪 Germany commit EUR 400 million to joint H2Global auction     In a significant step for clean energy markets, Australia and Germany have each pledged EUR 200 million for a joint H2Global auction, marking a major step in their bilateral energy cooperation. This partnership aims to build global supply chains for renewable #hydrogen and its derivatives, creating #cleanfuel market and decarbonizing hard-to-abate sectors.    “Australia’s participation in H2Global marks a groundbreaking step, initiating the first tender for a new energy commodity trade route that will also cross the equator. Moreover, the Indo-Pacific region is vital for trade and industry, and over time, it will benefit from Australia’s exports of renewable hydrogen and its derivatives,” says Markus Exenberger, Executive Director of H2Global. 👉 Read the press release: https://lnkd.in/d3RMcBeF 👉 Read the joint press release: https://lnkd.in/g74hAmVh

🌍 Upcoming Masterclass at the Global African Hydrogen Summit | Creating a Global Market for Clean Hydrogen 🗓 Tuesday, Sep 3, 2024 🇳🇦 Windhoek, Namibia Join H2Global Foundation's Executive Director Susana Moreira and Research Associate Hanna Graul at the Global African Hydrogen Summit in Namibia. They will present insights on the H2Global mechanism and pilot auction results, and explore strategies for building clean hydrogen demand in Africa. As part of the "H2Global meets Africa" research project, they'll showcase an innovative country clustering analysis, identifying opportunities for developing a robust hydrogen economy across the continent. #GAH2S #H2Global #CleanEnergy #HydrogenEconomy #AfricaEnergy #GreenHydrogen #Namibia

H2Global’s donors conference brought together some of the most influential companies and brightest minds in the clean hydrogen space. The event featured insightful sessions and discussions on the current state of the hydrogen sector, H2Global’s impact, and upcoming auctions. Key takeaways from the latest research presented was that a targeted approach yields better results for achieving specific, concrete outcomes, compared to a broad, scattergun strategy. Dutch and German government representatives shared key elements of their national hydrogen strategies and explained how  H2Global plays a critical part in achieving their goals. Company supporters and guests including Fertiglobe emphasized the ongoing challenges in securing large-scale off-take agreements pointing to the H2Global auction results as a welcome and positive step forward. Discussions on stage and in the hallways underscored among others regulatory challenges affecting projects in the clean hydrogen space. Representatives from Austria, Canada and India (re)iterated their governments’ political will to establish a clean hydrogen economy and the importance of supporting front runners/pilot projects. Ivana Jemelkova, CEO of the Hydrogen Council emphasized the importance of patience and persistence in building a new energy sector and highlighted the crucial role that innovative instruments like H2Global play in advancing the clean hydrogen economy. Special thanks to our Chair Dr. Axel Wietfeld and Deputy Chair Angela Titzrath for their leadership and guidance. With 155 people attending, H2Global continues to grow from strength to strength. H2Global Executive Director Susana Moreira said “H2Global remains the only green market marker offering a value for money solution to kick-start and grow clean hydrogen markets. Traditional approaches will not deliver a just or timely energy transition.” Hamburg Chamber of Commerce Tarek Hosny Gijs Postma Dr. Christian Storost Evelyne Coulombe Judith Neyer