Posts Tagged ‘energy’
Stargate Hydrogen raises 11 million euro series A for scaling up precious metal free electrolysers
Stargate Hydrogen, an Estonian manufacturer of innovative electrolyser stacks and systems, announces the successful completion of its series A funding round, raising 11 million euros in equity investments from strategic customers and financial investors.
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Originally published on 4 Mar
Read MoreANDRITZ to engineer another 100 MW green hydrogen plant for Germany
GRAZ, MARCH 3, 2025. International technology group ANDRITZ has received an order for the authority engineering of a 100 MW green hydrogen plant in Rostock, Germany. The order was placed by REPCO (rostock EnergyPort cooperation GmbH), a joint venture of RWE Generation SE, EnBW Neue Energien GmbH, RheinEnergie AG and Rostock Port GmbH. Subject to the investment decision planned for mid-2025, REPCO intends to give ANDRITZ the notice to proceed with the supply of the plant. It will be one of the first plants in Germany to supply the German “Hydrogen Core Network” and the future European Hydrogen Backbone infrastructure, thus representing a key step in advancing Europe’s green energy transition.
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Originally published on 4 Mar
Read MoreRussian LNG plants halt exports as sanctions kick in
Two small-scale Russian producers of liquefied natural gas located on the shores of the Baltic Sea have suspended supplies, ship-tracking data showed on Thursday as US sanctions kicked in.
Washington last month introduced new sanctions against Russia in response to its unprovoked attack on Ukraine, including against the Portovaya LNG and Kryogaz-Vysotsk plants, with a grace period until 27 February.
Kryogaz-Vysotsk, controlled by Novatek and Gazprombank, last dispatched a cargo on 18 February, with delivery to Belgium’s Zeebrugge terminal on 22 February, ship-tracking data show. The data also show that Portovaya LNG’s last cargo was delivered to customers in mid-January.
A tanker called Pearl, formerly known as Pskov, was last loaded with gas from Portovaya earlier this month and is anchored in the Gulf of Finland, along with the Velikiy Novgorod, a gas carrier that is also servicing the project.
Source: Reuters
Read MoreBaltic Energy Business Forum
The Baltic Sea plays an increasingly important role in the European energy sector, contributing both to energy security and the ongoing energy transition in the region. At ORLEN, we are committed to initiatives focused on this vital basin and fostering discussions on how to fully harness the Baltic Sea’s potential for the benefit of businesses and societies.
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Read MoreHYBRIT: Large-scale storage of fossil-free hydrogen gas successfully proven
HYBRIT’s pilot project for hydrogen gas storage has now been completed and reported to the Swedish Energy Agency. The results show that it is technically possible to store fossil-free hydrogen gas for producing fossil-free iron and steel on an industrial scale. This can also reduce the variable operating costs of hydrogen production by up to 40 per cent.
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Originally published on 27 Feb
Read MoreNordic Cooperation for a Just Transition to Hydrogen
Finland, Sweden, and Norway face similar challenges regarding land use conflicts and the social acceptability of large-scale hydrogen projects, as well as the new energy production and electricity distribution needs associated with them. These shared challenges are valuable to address and discuss collectively.
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Originally published on 16 Feb
Read MoreCity of Oulu and Verso Energy signed a cooperation agreement
The City of Oulu and Verso Energy of France have signed a joint venture agreement to build a hydrogen refinery in Oulu that will produce 80,000 tonnes of synthetic aviation fuel (eSAF) per year. According to Verso Energy, the plant is estimated to cost €1.4 billion and would employ 250 people.
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Originally published on 14 Feb
Read MoreP2X Solutions launches commercial operation of green hydrogen
P2X Solutions, a Finnish pioneer in green hydrogen, has been the first in Finland to launch commercial operations of green hydrogen at its production plant in Harjavalta. The start of production at the Harjavalta plant is a significant milestone for the Finnish hydrogen economy.
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Originally published on 12 Feb
Read MoreNordic-Baltic Hydrogen Corridor secures €6.8M in funding
The European Commission has announced that it will allocate a €6.8 million grant to the Nordic-Baltic Hydrogen Corridor (NBHC) to support its feasibility study phase. This decision will significantly enhance establishing the hydrogen infrastructure that will connect Finland, Estonia, Latvia, Lithuania, Poland, and Germany, forming a vital backbone for Europe’s green energy future. The competition for infrastructure funding in the EU is fierce, so this decision is a great testament to the quality and necessity of the NBHC project and showcase its potential to contribute to the EU’s energy self-sufficiency targets and support the clean energy transition.
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Originally published on 11 Feb
Read MoreBaltic states switch to European power grid, ending Russia ties
The Baltic states of Estonia, Latvia and Lithuania completed a switch from Russia’s electricity grid to the EU’s system on Sunday, severing Soviet-era ties amid heightened security after the suspected sabotage of several subsea cables and pipelines.
Ursula von der Leyen, the president of the European Commission, hailed the move, years in the planning, as marking a new era of freedom for the region, in a speech at a ceremony in Vilnius alongside the leaders of the three countries and the Polish president.
Debated for many years, the complex switch away from the grid of their former Soviet imperial overlord gained momentum following Moscow’s annexation of Crimea in 2014 and its invasion of Ukraine in 2022.
It is designed to integrate the three Baltic states more closely with the EU and to boost the region’s energy security.
Source: Reuters
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