The Netherlands-based company VoltH2 has secured a site for green hydrogen development in Germany as part of its mission to build a chain of green hydrogen plants in Europe. VoltH2 has selected Wilhelmshaven, Germany’s only deep-sea port and primary energy hub, as the location for its planned hydrog
After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.
In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (
Port of Rotterdam has seen a number of investments in energy transition projects in 2022 worth a total of approximately € 3 billion. Some of these projects include investments in a major biorefinery and Europe’s largest green-hydrogen plant. To remind, in July 2022 subsidiaries of Shell have taken t
In its new report ‘Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,’ technology company IDTechEx has forecasted that the global blue hydrogen market will grow to reach $34 billion by 2033. The company predicted that future blue hydrogen demand will be mainly driven b
The Hydrogen Innovation – Future Infrastructure & Vessel Evaluation and Demonstration (HI-FIVED) consortium led by vessel provider ACUA Ocean in partnership with infrastructure provider Unitrove has won a £3.8 million UK government grant to build and showcase its innovative autonomous vessel and bun
RWE Gas Storage West has submitted planning approval documents for what is expected to be Germany’s first hydrogen cavern storage facility to be used for commercial purposes. RWE announced the start of the approval procedure, which includes environmental impact assessment, back in April 2022 and pre
Spanish energy company Enagás has announced that all its objectives set for 2022 have been achieved and the degree of execution of its 2022-2030 strategic plan is higher than expected. Enagás’ net profit on 31 December 2022 amounted to €375.8 million, exceeding the target for the year. The significa
French energy group ENGIE is moving to the second stage of its strategic plan, stepping up growth in the energy transition with an emphasis on renewables. The group said its 2021-23 strategic plan has been successfully executed and the time has come to move on to the second stage. ENGIE said its geo
Spanish multinational energy company Cepsa has signed a Memorandum of Understanding (MoU) with the ACE Terminal in the Port of Rotterdam, the Netherlands to create a green hydrogen supply chain. Namely, Cepsa is developing 2GW of green hydrogen at its two Energy Parks in Andalusia, southern Spain, a
French LNG containment specialist GTT has finished the 2022 financial year with solid results, expecting market growth in the coming years. It had consolidated revenues of €307.3 million and consolidated EBITDA of €161.1 million. As pointed out in the report, it achieved a record level of orders, wi
GeelongPort and Fortescue Future Industries (FFI) have signed a Memorandum of Understanding (Mou) to undertake a joint feasibility study to construct a green hydrogen production facility in Geelong, Australia.
DNV is launching the second phase of a joint industry project (JIP) aiming to develop the first guideline for the transport of hydrogen in existing and new offshore pipelines. The second phase of the H2Pipe project will see the development of a new code for the design, re-qualification, construction
British maritime enterprises Krensen, Trident Marine Electrical, and ACUA Ocean have joined forces to develop a zero-emission liquid hydrogen marine powertrain system. The partnership brings together Krensen’s expertise in electric and hybrid marine propulsion technologies, Trident Marines’ experien
