The Hydrogen Stream: Extra H2 initiatives positioned on retain
Repsol has urged pv journal that it has frozen 90% of Spain’s hydrogen initiatives nearing remaining investment selections, whereas Statkraft has confirmed that it has revised its plans for its hydrogen project in Norway.
Sergio Matalucci
Describe: pv journal
Repsol has build three inexperienced hydrogen initiatives on retain in Spain. It has frozen extra than €200 million ($216.3 million) in investments for a 150 MW installation in Tarragona, a 100 MW space in Bilbao, and a 100 MW project in Cartagena. “All our deliberate renewable hydrogen investments in Spain are frozen attributable to an defective regulatory ambiance, seriously the authorities’s announcement to beget a windfall tax on energy companies everlasting,” a Repsol spokesperson urged pv journal. “The recent regulatory ambiance is not any longer conducive to long-timeframe industrial energy transition investments.” Repsol’s only bright electrolyzer project is in Sines, Portugal. Repsol said Brent wrong costs appreciate dropped 29% and refining margins appreciate fallen 83% for the reason that introduction of non everlasting taxes. The corporate criticized the Spanish authorities for elevating its renewable hydrogen target to 12 GW by 2030 whereas penalizing non-public traders. Repsol infamous that 370 MW of hydrogen initiatives are nearing remaining investment selections in Spain, with extra than 90% of these initiatives below its retain watch over.
Statkraft has revised its plans for its hydrogen project in Mo, Norway, cutting skill from 40 MW to 20 MW and delaying commissioning from 2025 to 2027. “We understanding to originate out 20 MW within the first section with the possibility of expansion. The deliberate begin of producing is in 2027,“ a Statkraft spokesperson urged pv journal. “There appreciate been steep mark will enhance and a slower pattern in quiz for inexperienced hydrogen in Europe. And the regulatory framework has no longer been neatly in sing to facilitate enhance within the hydrogen market.” The corporate objectives to point of curiosity on a extra streamlined portfolio, focusing on 1 GW to 2 GW by 2035, which it claims is serene an “ambitious” enhance intention.
Strabag is testing Liebherr’s L 566 H, the area’s first gorgeous hydrogen-powered wheel loader, in each day operations over two years. “The L 566 H wheel loader is the area’s first gorgeous wheel loader with a hydrogen engine,“ said Liebherr. A hydrogen filling station is being built to refuel the wheel loader instantly on the quarry.
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