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hydrogen - Latest news GMK Center

Photo – Fortescue to increase spending on energy division
Fortescue to increase spending on energy division

The decision worried analysts who had expected the company's restructuring to reduce capital spending

Photo – EC approves €3 billion state aid to Germany to support hydrogen network
EC approves €3 billion state aid to Germany to support hydrogen network

The country plans to provide financial guarantees that will allow investors to get more favorable loans

Photo – Essar confirms investment in green steel production in Saudi Arabia
Essar confirms investment in green steel production in Saudi Arabia

The cost of the steel project in Ras al-Khair will amount to $4 billion

Photo – Thyssenkrupp to present plans for green steel plant in Duisburg in August
Thyssenkrupp to present plans for green steel plant in Duisburg in August

The supply of hydrogen to the enterprise remains in question

Photo – JSW Energy is developing India’s largest green hydrogen project
JSW Energy is developing India’s largest green hydrogen project

The company is preparing to become the main supplier of green energy for JSW Steel in the future

Photo – EC starts working on a pilot mechanism for the development of the hydrogen market
EC starts working on a pilot mechanism for the development of the hydrogen market

The mechanism is designed to increase the transparency of supply and demand

Photo – Germany approves plans to accelerate hydrogen technology and carbon capture
Germany approves plans to accelerate hydrogen technology and carbon capture

Both technologies have been identified as critical components of the country's quest for carbon neutrality

Photo – US, Europe and China to dominate hydrogen supply – BloombergNEF
US, Europe and China to dominate hydrogen supply – BloombergNEF

Projects in three markets will account for 80% of production

Photo – Germany has agreed on the details of financing the country’s hydrogen network
Germany has agreed on the details of financing the country’s hydrogen network

The network construction period has been extended until 2037

Photo – ArcelorMittal leads Spanish hydrogen production project H2Asturias
ArcelorMittal leads Spanish hydrogen production project H2Asturias

The public-private project involves the construction of a pilot hydrogen plant at the company's plant in Gijon

Photo – EU has allocated €402 million to create a green hydrogen hub in Italy
EU has allocated €402 million to create a green hydrogen hub in Italy

Hydrogen will be used for the production of direct reduction iron and decarbonization of the country's steel industry

Photo – EC approves €4.6 billion for German hydrogen projects
EC approves €4.6 billion for German hydrogen projects

24 hydrogen production projects will be financed. Their total value reaches €8 billion

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