Green hydrogen

US offshore wind is beset by economic challenges, but this shouldn’t blind the sector to the potential for incorporating green hydrogen production into project plans

Portuguese police have raided 42 properties looking for evidence of government corruption in four projects, including a green hydrogen hub in Sines. Prime Minister Antonio Costa has quit, the government is shaking, and there are tough questions for future tenders.

The US Department of Energy is set to invest $7bn in seven regional hubs for green hydrogen development, to unlock total investment of $50bn. This has also given a major boost to serial winners including Air Liquide, GTI Energy and Plug Power.

The European Union has approved rules about the sustainability of jet fuels as part of its 'Fit for 55' package. This coincides with moves by renewables firms and the aviation sector to boost production of sustainable fuels.

Inflation is driving up the cost of low-carbon hydrogen and reducing the effectiveness of government support mechanisms, the International Energy Agency has warned. This is hampering the ability of developers to take final investment decisions. How can the industry get the support it needs?

India is set to close bidding in its first green hydrogen tender this week. This will give us a clear indication of how the private sector has received all of the policy support announced by the government in the last 12 months.

The business and scientific communities are bringing forward innovations designed to improve the efficiency and reduce the cost of green hydrogen production. We look at five innovations announced in the last month.

US start-up Koloma has raised $91m to support its expansion in the mining of naturally-occurring 'white' hydrogen. We look at whether this technology is about to hit the mainstream, and ask whether it will upend the business models of green hydrogen players.

The purchase by CPP Investments of a majority stake in Dutch developer Power2X is the latest example of a large Canadian firm making inroads in the green hydrogen sector. We analyse some of their biggest deals.

Australia was one of the first countries to commit to hydrogen, and it has followed up with initiatives including its A$2bn Hydrogen Headstart fund. But faced with stiff international competition for investment, it is at risk of squandering its early-mover advantage.

The US Department of Energy has shared its strategy for growing the low-carbon hydrogen sector, including a focus on high-priority off-takers, cost-cutting and regional hubs. Its willingness to engage with hydrogen's biggest challenges should hope to green hydrogen investors.

The UK government's proposal for a levy on energy bills to support the installation of hydrogen infrastructure risks a backlash against the sector, critics have warned.