Tagged With Stuart Penson
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
Mitsubishi eyes ammonia power growth in Europe
29 January 2024
Turbine manufacturer lines up more ammonia conversions at European gas-fired power plants
Johnson Matthey sees clean fuel tech ‘hypergrowth’
17 January 2024
Demand for technology and components deployed in the SAF and blue hydrogen sectors is booming, UK-based company tells Hydrogen Economist
Johnson Matthey sees clean fuel tech ‘hypergrowth’
17 January 2024
Demand for technology and components deployed in the SAF and blue hydrogen sectors is booming, UK-based company tells Petroleum Economist
Johnson Matthey sees clean fuel tech ‘hypergrowth’
17 January 2024
Demand for technology and components deployed in the SAF and blue hydrogen sectors is booming, UK-based company tells Carbon Economist
IEA cuts growth forecasts for hydrogen-linked renewables
12 January 2024
Deployment of solar and wind to power electrolysers seen slowing as green hydrogen projects struggle to reach FID
8 Rivers ‘game-changing’ hydrogen tech makes commercial debut
10 January 2024
US company to deploy 8RH2 methane-based production process at large-scale ammonia facility in Texas
Equinor and Linde to develop Dutch blue hydrogen project
10 January 2024
Facility at Eemshaven will reform Norwegian gas and supply industrial consumers via Dutch and German pipeline networks
Letter on hydrogen: IRA’s reality check
3 January 2024
Proposed regulation of production tax credits exhibits many of the complexities and tight definitions contained in EU’s green hydrogen framework
Outlook 2024: Crunch time for hydrogen
2 January 2024
The nascent low-carbon hydrogen sector needs 2024 to be a breakthrough year if it is to get within striking distance of the production targets set by policymakers
UK green projects secure up to £2b in subsidies
14 December 2023
Country’s first allocation round awards electrolytic hydrogen projects attractive gas-linked strike prices, but total capacity falls short of government’s ambition
COP28 deal backs global hydrogen scale-up
13 December 2023
Agreement calls for acceleration of hydrogen production and other low-carbon technologies as global emissions trajectory falters
Letter on hydrogen: Market makers
6 December 2023
COP28 declaration aims to unleash global trade through alignment of national certification systems
Irish site earmarked for Europe’s first ammonia power plant
29 November 2023
Centrica and Mitsubishi agree to explore development of facility at Bord Gais Energy site in Cork
TES taps cheap renewables for green gas push
24 November 2023
Synthetic methane enables delivery of green molecules via existing gas infrastructure, CCO Yves Vercammen tells Dan Feldman, partner at law firm King & Spalding
EU backs Brazilian green gigaproject
21 November 2023
Talks also underway with Kazakhstan, Australia and Oman as the EU widens its search for diverse and reliable supplies of low-carbon hydrogen
Green hydrogen costs surge up to 65% in a year
17 November 2023
Higher electrolyser and finance costs among factors inflating LCOH but green hydrogen seen holding market share compared to blue, says McKinsey and Hydrogen Council
Germany’s €20b hydrogen network project edges forward
16 November 2023
Natural gas TSOs aim to start construction in 2024 after submitting draft application to government
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