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EU Launches Consultation on #Lowcarbon hydrogen On September 27, 2024, the European Commission opened a 4-week consultation on a draft delegated act outlining the methodology for calculating the emission savings from low-carbon hydrogen and synthetic fuels. Under the newly adopted #EUGasPackage, hydrogen is considered "low-carbon" if it has at least 70% emissions reduction (or <3.4 kgCO2/kgH2) compared to fossil fuels, regardless of the energy source. This opens up new opportunities for hydrogen producers in the EU who were previously limited to RFNBOs to receive public support. While this is a significant step in expanding the hydrogen landscape within the EU, key questions remain regarding specific targets and support mechanisms for low-carbon hydrogen at both the EU and Member State levels. #EU #GasPackage #lowcarbonH2 #renewableH2 #delegatedact

EXCLUSIVE | '#EU should postpone strict green #hydrogen regulations, but doing so could paralyse the sector': CEOs The bosses of #electrolyser makers Nel Hydrogen and Sunfire tell Hydrogen Insight that they agree with German calls to amend rules on #additionality, but warn it could cause market uncertainty #greenhydrogen #delegatedact #europe #electrolyzers #electrolysers https://lnkd.in/eHYKHhqn

An extract from a recent article in the Financial Times that summarises well the impact that approval delays and spotty government funding are having on the potential of blue hydrogen to help get us to net-zero: "Hydrogen has been pitched as a clean superfuel that can decarbonise our heavy industry, power our vehicles and heat our homes - but its producers are finding that new projects are taking far longer to approve than expected. In 2021, the International Energy Agency (IEA) estimated that the world would need about 150mn tonnes of low-carbon hydrogen per year by 2030 to be on course to cut global emissions to net zero by the middle of the century. Now, three years later, analysts predict that available supply at the start of the next decade will be closer to a 10th of that level. Projects are not being developed fast enough. More than 1,600 worldwide have the potential to produce a combined 65 million tonnes per annum of low carbon hydrogen by 2030. Of those, however, only 477 are likely to be online at that point, according to a recent study by consultancy BNEF. ...Rising interest rates have significantly increased the cost of new projects. In Europe and the US, government schemes have been set up to subsidise low-carbon hydrogen but payments are yet to start flowing and - in many cases - customers are yet to materialise." #Carbon #NetZero #BlueHydrogen

Hydrogen is a rapidly developing sector requiring significant amounts of private capital to allow it to fulfil its potential. We think now is a unique moment in time as an investor. Have a read of our article to understand why.

🚨 Strong Coalition with France Hydrogène, Hydrogen Europe, and Leading Industries united in an Open Letter to the EU Commission for the #LowCarbonDelegatedAct 🚨   Together with France Hydrogène, Hydrogen Europe, and several major #industries and associations, we have come together to urge the #EuropeanCommission to introduce a methodology that recognizes non-fossil PPAs in the upcoming #Low-Carbon Hydrogen Delegated Act.   As leading players in the energy and industrial sectors we are asking the EU to ensure that the right framework is in place to scale up the European non-fossil hydrogen sector—a crucial step toward #decarbonizing and revitalizing our industries.   This methodology will: ⚡ Ensure compliance with Article 194 TFEU ⚡ Support the launch of a European electrolytic value chain ⚡ Facilitate the transition toward a renewable hydrogen future   The Delegated Act offers a unique opportunity to unlock Europe’s hydrogen potential, helping us meet our #climategoals while fostering innovation and competitiveness in a growing international market. Let's seize this moment! 🌍💧⚡   #LowCarbonHydrogen #LowCarbonFuture #CleanEnergy #EUClimateAction #Industry #Decarbonisation

As the UK races toward its climate goals, green hydrogen is emerging as a pivotal player in the low-carbon transition. With a robust market on the horizon, backed by government initiatives and investment in groundbreaking projects, the stage is set for a hydrogen revolution! From enhancing production capacity to developing essential infrastructure, the UK is well-positioned to become a world leader in green hydrogen. This clean energy source holds immense potential for decarbonizing hard-to-electrify sectors, revolutionizing industries like steel, transport, and power generation. Curious about how green hydrogen could reshape the future of energy in the UK? Dive into this insightful article for a closer look at market opportunities, challenges, and the regulatory framework driving this exciting sector forward! 💡 TGRC - UK Green Hydrogen: Medium Term Outlook and Future Prospects https://lnkd.in/dqrXi4dv #RenewableEnergy #CleanEnergy #Sustainability #GreenHydrogen #EnergyEfficiency

As the UK races toward its climate goals, green hydrogen is emerging as a pivotal player in the low-carbon transition. With a robust market on the horizon, backed by government initiatives and investment in groundbreaking projects, the stage is set for a hydrogen revolution! From enhancing production capacity to developing essential infrastructure, the UK is well-positioned to become a world leader in green hydrogen. This clean energy source holds immense potential for decarbonizing hard-to-electrify sectors, revolutionizing industries like steel, transport, and power generation. Curious about how green hydrogen could reshape the future of energy in the UK? Dive into this insightful article for a closer look at market opportunities, challenges, and the regulatory framework driving this exciting sector forward! 💡 TGRC - UK Green Hydrogen: Medium Term Outlook and Future Prospects https://lnkd.in/dEw5biqB #RenewableEnergy #CleanEnergy #Sustainability #GreenHydrogen #EnergyEfficiency

UK-HyRES: Hub for Research Challenges in Hydrogen and Alternative Liquid Fuels, a hydrogen research hub, has awarded £3 million to 10 new projects aimed at developing carbon-saving technologies for hydrogen and low-carbon liquid fuels. The funding aims to accelerate the UK's net zero transition by 2050. Read more here: https://fcw.sh/7bzthp #HydrogenNow #FuelCells #CleanEnergy #H2 #Decarbonise #ZeroEmissions

It's time for a reality check. The European Court of Auditors call the EU's hydrogen targets 'politically motivated' – and we agree!   We welcome their extensive report on the EU's overly ambitious #hydrogen targets, echoing our concerns from 2022 when we called for a robust assessment of hydrogen production and use, and due consideration of H2's:   🐢 Inherent inefficiencies and high costs compared to direct #electrification 🌐 Potential to increase geopolitical dependency 🚫 Resource intensity, environmental impacts, and potential for stranded assets    The EU must look past the H2 smoke and mirrors and recognise that we must⚡️ #ElectrifyNow to reach at least 35% direct electrification by 2030, and 50% by 2040. This more efficient and realistic approach to 🌱 #decarbonisation is based on proven and mature technologies like variable #renwables and electricity #grids. 👏 Let’s focus our scarce resources where they can make the most impact.   The new report from the EU Court of Auditors: 👉 https://lnkd.in/e2CzTCDR   Our June 2022 statement on the EU renewable hydrogen targets: 👉 https://lnkd.in/eGg-g-EP   Our Sept 2023 PAC project discussion paper on the EU hydrogen targets: 👉 https://lnkd.in/eqqhDr3A

🗞️ EU Commission to propose new low-carbon hydrogen definition by the end of the year - and lay the foundation for a strong hydrogen legacy? 📰 'The definition, in the form of a delegated act, will put forward specific conditions to calculate the life-cycle emissions of low-carbon hydrogen. It will largely apply to what is widely known as blue hydrogen, made from natural gas with carbon capture and storage (CCS).' 📰 'The conditions will be challenging for the blue hydrogen industry to meet – both in terms of sourcing natural gas and the effectiveness of CCS technology... However... rising to this challenge will ensure that the EU builds a hydrogen economy with longevity, preventing future stranded assets, wasted investment of valuable public funds, and continued reliance on fossil fuel energy imports.' 🔎 Read the full story here: https://lnkd.in/epqZTjTj -- World Hydrogen Week will be taking place from 30 Sep – 4 Oct in Copenhagen, Denmark! As THE global hydrogen event to drive forward the transition of clean and sustainable energy, World Hydrogen Week will see 3,500+ senior industry professionals convene for a week of knowledge-sharing, innovation and networking with the ultimate goal of achieving a net-zero economy. 🎟️Join hydrogen decision makers from across the globe and the hydrogen value chain - register here: https://lnkd.in/eg27dDW3 📃Download the brochure to find out more about #WorldHydrogenWeek: https://lnkd.in/eBPQT4fa #WorldHydrogenWeek #WHW #WHC #WHD #WorldHydrogenCongress #WorldHydrogenDerivatives #HydrogenCongress #WorldHydrogen #HydrogenDerivatives #HydrogenWeek #InnovateToNetZero #HydrogenIntelligence #HydrogenMarket #HydrogenProjects #LoweCarbon #LowCarbonHydrogen #EUPolicy #EUHydrogen #LowCarbonH2