Germany Approves Plans for €19 Billion Hydrogen Network
(Bloomberg) — Germany approved plans for the construction of a €19 billion hydrogen network, deepening its commitment to an energy source that has faced setbacks in recent months. The German Federal Network Agency said it approved proposals from transmission system operators for a 9,040-kilometer hydrogen grid, which will be built out in the coming years and be fully operational by 2032. It’s set to form […]
Germany allocates €2.8bn for decarbonisation: highlights hydrogen for power sector transition
The German government has allocated €2.8bn ($3bn) in funding to accelerate decarbonisation efforts, with up to five hydrogen-based projects expected to receive a share of the support. The “climate protection contracts” will be awarded to 15 projects and have been designed to cover the cost gap between hydrogen use and fossil fuels. The selected hydrogen initiatives will use the funding to decarbonise power processes. Each […]
US scientists explore hidden hydrogen treasure 5,000 feet below Lake Superior
Researchers state that the Midcontinent Rift may be a clean energy treasure trove. The Midcontinent Rift stretches from beneath Lake Superior, covering some parts of Minnesota, Michigan, Wisconsin, Iowa, Nebraska, and Kansas. Now, the University of Nebraska–Lincoln researchers say that this rift may be a rich source of natural hydrogen. The team is exploring ways to study and access the hydrogen produced in the rift. […]
Canadian City About To Buy Hydrogen Buses Because Feds & CUTRIC Captured by Hydrogen Lobby
Is there anything more compelling than free money and supportive guidance from a purported expert organization to a municipal politician? Apparently not, as Mississauga in Canada appears set on joining municipalities around the world in launching a guaranteed-to-fail hydrogen bus pilot. The federal government and the Canadian Urban Transit Research and Innovation Consortium (CUTRIC), are complicit in this impending debacle. This assessment closes
Millbank Mining Corp. Announces Proposed Name Change to Primary Hydrogen Corp. and Provides Corporate Update
Vancouver, British Columbia–(Newsfile Corp. – October 10, 2024) – Millbank Mining Corp. (TSXV: MILL) (the “Company“), announces today that it will be seeking the approval of the TSX Venture Exchange to change its name from Millbank Mining Corp. to Primary Hydrogen Corp. (the “Name Change“) and to change its stock symbol from “MILL” to “HDRO” to be more reflective of the proposed na
Hydrogen Attracts Significant Investments to Support a Decarbonized Energy Economy
In late 2023, the U.S. Department of Energy (DOE) announced a $7 billion initiative to establish seven Regional Clean Hydrogen Hubs, aiming to scale the use of cost-effective clean hydrogen. This initiative comes as utilities face growing pressures from data centers and other industries that are demanding increasingly large amounts of reliable power. Hydrogen’s role in helping utilities meet these growing demands while adhering to net zero [&
Saudi Arabia Said to Tee Up Multibillion-Dollar Bet on Hydrogen
(Bloomberg) — Saudi Arabia is preparing to make a multibillion-dollar bet on hydrogen and will launch a new company to produce the much hyped low-carbon fuel, according to people familiar with the matter. The kingdom’s sovereign wealth fund, chaired by de facto ruler Crown Prince Mohammed bin Salman, has created a company called Energy Solutions Co. to finance so-called green hydrogen power production, the people […]
Saudi Arabia Said to Tee Up Multibillion-Dollar Bet on Hydrogen
Saudi Arabia is preparing to make a multibillion-dollar bet on hydrogen and will launch a new company to produce the much-hyped low-carbon fuel, according to people familiar with the matter. The kingdom’s sovereign wealth fund, chaired by de facto ruler Crown Prince Mohammed bin Salman, has created a company called Energy Solutions Co. to finance so-called green hydrogen power production, the people said, asking not to […]