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They will carry out technical and economic feasibility studies to promote hydrogen development in the Gulf and elsewhere. Korea Shipbuilding & Offshore Engineering will be the first shipbuilder to develop a ship that can carry both liquefied petroleum gas cargoes and captured carbon dioxide at once,” HHIH said in a statement.Ību Dhabi-based Mubadala Investment Company and Italian gas infrastructure specialist Snam signed a memorandum of understanding to collaborate on hydrogen projects in the United Arab Emirates. “The two parties will also strengthen cooperation in the shipbuilding business. In the next three years, Hyundai Oilbank also expects to receive blue ammonia from Saudi Aramco and use it as fuel for liquefied natural gas (LNG) boilers. It plans to open 300 hydrogen charging stations in the country by 2040. Hyundai Oilbank, the oil refinery unit of HHIH, is to import liquefied petroleum gas (LPG) for conversion into blue hydrogen. The two companies are looking for cooperation opportunities in joint research and development and using subsidiaries to promote specific projects. South Korea-based industrial conglomerate Hyundai Heavy Industries Holdings (HHIH) and Saudi state-run oil company Saudi Aramco signed a memorandum of understanding to jointly developed hydrogen and ammonia-related businesses. “We have the best conditions in northern Germany - the wind power region - to integrate hydrogen as an integral part of the energy system and lay the foundation for a European hydrogen economy,” commented EWE CEO Stefan Dohler. The project envisages total investments of up to €1.3 billion, Arcelor Mittal Bremen said in a statement. Around 400 MW of electrolysis capacity should be deployed by 2024, with corresponding storage of hydrogen in the energy system. The project is aimed at integrating hydrogen technology into the German and European energy systems. Industry partners Arcelor Mittal Bremen, EWE, FAUN, Gasunie, swb and Tennet launched the Clean Hydrogen Coastline project in northern Germany on Wednesday. Let us know what topics you want more coverage on by filling out the form. As the industry develops, we’ll report on the most significant technological changes, co-location projects, and business models. Recognizing the key trend of green hydrogen in the energy transition, pv magazine has created a Hydrogen Hub to collect all the news and feature articles on the topic of green hydrogen, making it easy for you to stay up-to-date. Pending regulatory approval expected in the next three months, NGN will start delivering a blend of 20% hydrogen to 670 properties in Winlaton, near Gateshead, while working to demonstrate the safety of hydrogen-fuelled appliances to earn the local population’s support. The gas distributor said the conversion of the UK gas network to transport 100% hydrogen was economically viable. “It’s fantastic to see BP planning to invest in hydrogen production at Teesside, placing our region at the forefront of a green recovery,” said NGN CEO Mark Horsley. BP also announced last week a project to build a 1 GW blue hydrogen facility in the conurbation around the River Tees, covering 20% of the UK’s hydrogen target by 2030. The two companies will study the impact of BP’s Teesside hydrogen plans on local industrial and domestic consumers. Siemens Energy describes green hydrogen as “the second stage of the energy transition.”īritish energy company BP and UK gas distributor Northern Gas Networks (NGN) signed a memorandum of understanding last week to collaborate on hydrogen projects in the north of England. The German company is set to roll out its in-house proton exchange membrane ( PEM) electrolysis technology to implement a gigawatt production of electrolyzers. The underlining assumptions are a cost of $16/MWh and a 100 MW electrolyzer running 16.4 hours a day on average. Munich-based energy technology company Siemens Energy announced plans last week to produce green hydrogen at $1.50/kg by 2025 “based on large-scale commercial projects in operation.” Currently, the project is based on wind energy. Clean Power Research: Solar data solutions to maximize PV project performance.Energy Storage North America Special 2018.The smarter E Europe 2019 special edition.Market overview: Microgrid control systems.Market overview: Large-scale storage systems.