Tagged With Stuart Penson
Topsoe ‘optimistic’ on its US strategy
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
Letter from Abu Dhabi: AI and the new energy guzzlers
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
Letter from Abu Dhabi: AI and the new energy guzzlers
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
Letter from Abu Dhabi: AI and the new energy guzzlers
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
UK confirms $2.6b green project funding
30 October 2024
Inclusion of funding in government’s budget ends uncertainty over support for 11 electrolytic projects
Letter on hydrogen: IRA’s election stress test
25 October 2024
Investors in hydrogen, CCUS and other energy transition technologies face uncertainty over the outlook for government support after November’s presidential election
Letter on hydrogen: The generation game
22 October 2024
Hydrogen is making inroads as a fuel for power plants as governments seek clean fuels to back up intermittent wind and solar
China Tianying advances major e-methanol project
18 October 2024
Project in northeast of country set to start up in 2025 as developer signs technology deal with Icelandic firm Carbon Recycling International
Denmark delays key green export link to Germany
9 October 2024
Danish government stresses support for hydrogen pipeline project despite slippage of three or four years in commissioning timetable
UK backs low-carbon hubs with $28b funding pledge
4 October 2024
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters
Letter from Copenhagen: Place your hydrogen bets
3 October 2024
The stakes are high for project developers as they choose which hydrogen molecule or derivative with which to target future markets
LNG challenges growth of green methanol
2 October 2024
The fuel’s inroads in maritime fuel market hamper efforts to secure demand for synthetic fuel, German utility Uniper tells World Hydrogen Congress
Letter from London: Hydrogen hits peak hype
27 September 2024
A new realism is shaping the ambitions of the clean hydrogen industry after years spent overstating its decarbonisation potential
Absent demand dents Norway’s blue ambitions
24 September 2024
Equinor and Shell put Norwegian export pipeline and blue hydrogen production plans on hold as demand fails to materialise
Refuelling trends expose regional divide on hydrogen vehicles
19 September 2024
Rollout of refuelling stations gathers pace in Asia but stalls in North American and Europe, say Hydrogen Council and McKinsey
Project delays grow amid policy uncertainty
18 September 2024
Greater regulatory clarity and support for demand will be critical for tackling project delays over next two years, say Hydrogen Council and McKinsey
Hydrogen’s renewable renaissance
18 September 2024
As part of Petroleum Economist's 90th anniversary special coverage, we look at how hydrogen has emerged from relative obscurity to become a key player in the transition to net zero
ADNOC invests in major Texas blue hydrogen project
6 September 2024
Emirati NOC signs groundbreaking deal to take 35% stake in ExxonMobil’s large-scale Baytown project, despite uncertainty over US government support
Lhyfe banks five-year offtake deal with H2 Mobility
5 September 2024
French green hydrogen producer to supply German firm’s network of refuelling stations under its first major long-term offtake agreement
China’s Hygreen plans major production plant in Spain
3 September 2024
 Beijing-based electrolyser manufacture will also develop projects with strategic partners in boost for Andalucia region’s green hydrogen ambitions
Letter on hydrogen: Grey is going green and blue
30 August 2024
Recent breakthroughs in the refining sector are important and should not be lost in the wider malaise over project FIDs
Orsted abandons flagship e-methanol project
15 August 2024
Danish firm takes $220m hit as it halts Europe’s largest project in setback for transition to green shipping fuels
Woodside piles into clean ammonia with $2.35b OCI deal
5 August 2024
Australian energy firm claims early-mover advantage as it agrees to buy major project on US Gulf Coast from Dutch fertilisers group OCI
Shell advances to FID on Cologne electrolyser
25 July 2024
Investment in 100MW green hydrogen facility in Germany comes as oil major’s wider transition strategy comes under scrutiny
ATOME and Yara agree terms for major offtake deal
24 July 2024
World’s largest green fertiliser supply agreement puts Villeta project in Paraguay on track for FID later this year
Letter on hydrogen: Reality check
19 July 2024
Policymakers are under pressure to reset their hydrogen strategies after a challenging first half of 2024, though recent project FIDs have provided some summer cheer for the industry
Germany’s dash for hydrogen gathers pace
16 July 2024
Federal government and states grant a combined €4.6b to projects across the value chain, despite struggling economy and pressure on public finances
Letter on hydrogen: Chasing Africa’s green prize
3 July 2024
BP has joined the international push to try to unlock North Africa’s potential as a major green hydrogen producer and exporter
MOL refines green strategy ahead of major investment
18 June 2024
Hungarian refiner aims to build experience of green hydrogen production through deployment of pilot projects ahead of a larger commitment to the sector
Letter from London: Hydrogen’s risk allocation puzzle
17 June 2024
Finding a way to efficiently share risk between developers, offtakers and financiers is crucial to unlocking investment in green hydrogen projects, according to speakers at the FT Hydrogen Summit in London
Letter on hydrogen: Europe’s green power predicament
4 June 2024
Recent auctions have exposed Europe’s north-south renewables divide, but wind and solar in the Middle East and North Africa will ultimately win out
Johnson Matthey reins in hydrogen tech investment as demand cools
23 May 2024
Slowdown evident across entire green hydrogen value chain but sector still seen as long-term growth engine, UK-based technology company says
Leakage threatens hydrogen’s climate potential
22 May 2024
High probability that energy vector will under-deliver on its promise unless rapid progress is made on monitoring leakage across supply chain, warns Environmental Defense Fund
Letter from Rotterdam: Ready for take-off?
15 May 2024
Huge turnout for Rotterdam trade show masks worrying lack of progress for nascent industry confronting the harsh realities of transition
EU set to miss 2030 electrolyser target by 76%
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
Southern and Nordic projects triumph in EU green auctions
1 May 2024
Low clearing prices in first European Hydrogen Bank auction reflect fierce competition for green hydrogen subsidies and buyers’ willingness to pay premium
MHI eyes commercialisation of SOEC technology
1 May 2024
Japanese company launches test module at Takasago Hydrogen Park with aim to deploy megawatt-scale demonstration project of electrolyser technology
China poised for rapid hydrogen demand growth
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
Topsoe plans $400m US production base
24 April 2024
Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw
Masdar sets sights on North American hydrogen
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
Project risks constrain green growth in sub-Saharan Africa
9 April 2024
Higher country-level risk and green hydrogen project execution risks are driving up financing costs, according to the Hydrogen Council and McKinsey
Letter on hydrogen: Innovation crucial to solving green cost conundrum
3 April 2024
Policymakers must back development of new electrolyser technologies as well as the scale-up of established designs to bring down stubbornly high costs
Vallourec targets on-site hydrogen storage market
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
Letter on hydrogen: Storage matters
6 March 2024
Europe must accelerate the development of large-scale hydrogen storage to ensure reliable supplies as demand for the energy vector grows
Engie urges caution on pace of hydrogen deployment
28 February 2024
Applications in hard-to-abate industries will take longer than previously expected to develop, warns CEO
EU plans second green hydrogen auction by year-end
21 February 2024
European Commission encouraged by high demand for production subsidies offered through first pilot of European Hydrogen Bank auction
H2 Green Steel banks 30% premium
14 February 2024
Hydrogen-based steelmaker on track to scale-up production at first large-scale plant in northern Sweden
Germany to tender for hydrogen-ready power plants
6 February 2024
Gas-fired facilities will be required to switch to 100% hydrogen by 2040, government says in new strategy for country’s power system
Ammonia demand seen pivoting to energy
5 February 2024
Power generation and maritime sector offtake expected to eclipse fertiliser industry demand by 2040, according to producers
Letter on hydrogen: In for the long haul
31 January 2024
New initiatives to secure supplies and build out refuelling networks signal growing confidence in hydrogen-powered trucking in Europe
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