Green hydrogen is now competitive with fossil fuels’ | ArcelorMittal among offtakers at massive 7.4GW project in Spain
February 28, 2022
Green Hydrogen Competes With Fossil Fuels
Most gigawatt-scale green hydrogen projects that have been announced to date are somewhat speculative, focused more on production than usage — yet without guaranteed off-takers, developers will struggle to raise the necessary finance.
A new 7.4GW renewable H2 project has been announced in Spain that largely solves this problem, by including two major industrial consumers — steel maker ArcelorMittal and fertiliser producer Fertiberia — among the developers.
The inflation reduction bill provides the basis to build a national hydrogen production ecosystem with the most benefit flowing to states like Washington that have the ability to produce large amounts of inexpensive, renewable green hydrogen.
May 2022 Update
Washington Green Hydrogen Alliance was successful in the passage of comprehensive legislation to grow the state's green hydrogen energy industry. Read more.
Washington state legislature passed comprehensive green hydrogen bill to address climate pollution, improve air quality & help industry decarbonize.-Energy News
A new organization has been formed in Washington State to promote the use of green hydrogen in the transportation and industrial sectors.
Universal Hydrogen is modifying small, regional turboprop airplanes to fly on hydrogen fuel in Moses Lake.
WA Green Hydrogen Alliance to improve state’s air and water, create clean energy jobs, & grow Washington-made “Evergreen Hydrogen.” Read more on green energy!
News on hydrogen's diversity, sustainability, and growing market worth. Read more hydrogen energy news at the Washington Green Hydrogen Alliance.
News: Port of Chehalis & Twin Transit agree that WA's first hydrogen fueling station could be built on port land. Read more - WA Green Hydrogen Alliance
Washington's first electrolyzer will use hydropower from Wells Dam to create green hydrogen.