The UK government has announced new hydrogen initiatives, while RWE states it has obtained construction and environmental approvals for a 100 MW electrolyzer in the Netherlands.
The UK government indicated it is financing 11 new green hydrogen projects across England, Scotland, and Wales, which it suggests could be among the first commercial-scale projects globally. Chancellor Rachel Reeves revealed the funding strategy during a fall 2024 budget address, committing GBP 3.9 billion ($5 billion) for green hydrogen producers and carbon capture utilization and storage (CCUS) projects in the 2025-26 timeframe. The government selected the projects, which have a total capacity of 125 MW, in December 2023, as part of the initial hydrogen allocation round (HAR1) initiated in July 2022. Contracts for difference were awarded at a weighted average strike price of GBP 241/MWh.
RWE has obtained the necessary construction and environmental approvals to build a 100 MW electrolyzer in Eemshaven, the Netherlands. “If constructed, the electrolyzer will aid in integrating the onshore energy system with the 795 MW OranjeWind offshore wind project in the Dutch North Sea, which RWE is developing in partnership with TotalEnergies,” stated RWE.
Hyundai Motor has revealed a hydrogen fuel cell electric vehicle (FCEV) prototype. The South Korean automobile manufacturer has designed the vehicle with aerodynamic wheels to minimize drag, encased in low rolling resistance tires “for an expected driving range exceeding 650 km between refueling.” The electric motor delivers an output of up to 150 kW. The production model of the vehicle is slated for launch in the first half of 2025.
Masdar appears to have postponed its goal of generating 1 million tons of green hydrogen from 2030 to 2034, according to a Bloomberg report, which the company’s press office has neither confirmed nor denied. “We remain dedicated to supporting the objectives outlined in the UAE’s National Hydrogen Strategy, in addition to fulfilling our ambitions of becoming a leading global green hydrogen producer by 2030,” the company conveyed to pv magazine. It mentioned in a recent press release regarding the completion of a pilot project that utilizes green hydrogen to produce green steel in the United Arab Emirates, which it aims to accomplish within a decade.
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