High interest rates persist and the cost of borrowing disproportionately affects renewables and other nascent technologies, compared to more established oil and gas, and metals and mining sectors. Policymakers should focus on bolstering carbon markets, maximising subsidy efficiency and mobilising green finance, according to a recent report: ‘Conflicts of interest: the cost of investing in the energy transition in a high interest-rate era’ by Wood Mackenzie.
The European Commission (EC) has approved, under EU State aid rules, a EUR350 million (USD376.9 million) scheme to support the production of renewable hydrogen in Germany.
Sector: Hydrogen - Upstream
Project Status: Under development
Region: Europe
Sector: Hydrogen - Upstream
Project Type: Brownfield
Project Status: FID
Region: Europe
Originally Posted: 20/12/2022
Sector: Hydrogen - Upstream
Project Type: Greenfield
Project Status: Under development
Region: North America
Sector: Hydrogen - Upstream
Project Type: Greenfield
Project Status: Under development
Region: Europe
Sector: Hydrogen - Midstream
Project Type: Greenfield
Project Status: Announced
Region: North America
Sector: Hydrogen - Midstream
Project Type: Greenfield
Project Status: Announced
Region: Europe
Sector: Hydrogen - Midstream
Project Type: Greenfield
Region: Europe
Sector: Hydrogen - Midstream
Project Type: Greenfield
Region: Europe
Sector: Hydrogen - Downstream
Project Type: Greenfield
Project Status: Operational
Region: Latin America