{"id":16884,"date":"2024-10-11T13:52:29","date_gmt":"2024-10-11T12:52:29","guid":{"rendered":"https:\/\/www.westwoodenergy.com\/?p=16884"},"modified":"2025-04-16T10:23:06","modified_gmt":"2025-04-16T09:23:06","slug":"hydrogen-compass-october-2024","status":"publish","type":"post","link":"https:\/\/www.westwoodenergy.com\/subsectors\/hydrogen\/hydrogen-compass-october-2024","title":{"rendered":"Hydrogen Compass – October 2024"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_animated_title heading_tag=”h6″ style=”color-strip-reveal” color=”Accent-Color” text=”OCTOBER 2024″][vc_column_text]The European hydrogen market emerged from the summer months with significant developments during September in both CCS-enabled and electrolytic hydrogen production pathways. Major CCS-enabled production and infrastructure projects were cancelled, while others showed more positive signs, and the EU\u2019s long-awaited low-carbon hydrogen standard was published \u2013 offering more, but likely still insufficient levels of certainty. In contrast, the electrolytic hydrogen market saw positive movement aimed at bolstering growth. This was despite concerns raised over the stringency of the current rules to produce renewable hydrogen, as well as in the terms published for the next European Hydrogen Bank auction. This divergence highlights the ongoing evolution of the hydrogen market in Europe, where regulation and policy are continuing to shape its development.<\/p>\n

Conflicting movements for CCS-enabled hydrogen<\/strong><\/h3>\n

Major project cancellations<\/em><\/p>\n

In the final week of September, a series of unexpected announcements cast doubt on the future of CCS-enabled hydrogen production in Norway. Equinor and RWE cancelled their ambitious plan to build a hydrogen pipeline between Norway and Germany. The project, announced in January 2023, aimed to export up to 10GW of CCS-enabled and electrolytic hydrogen annually from their joint \u2018Clean Hydrogen to Europe\u2019[1]<\/a> project to European consumers and to supply RWE\u2019s planned \u2018hydrogen-ready\u2019 gas-fired power plants in Northern Germany. Equinor cited high costs and insufficient demand for the cancellation. With pipeline construction projected to cost \u20ac3bn and total investments reaching tens of billions, the project was deemed economically unfeasible, especially without long-term offtake agreements from European buyers. The situation is particularly concerning given that RWE was set to be a principle offtaker for the project, with additional offtake opportunities anticipated from the upcoming 12.5GW tender process for \u2018hydrogen-ready\u2019 power plants scheduled for early next year.<\/p>\n

Notably, Equinor and RWE signed a new supply agreement in October 2023 for 1-1.5bcm of natural gas per year until 2028. RWE still plans to develop their 3GW of \u2018hydrogen-ready\u2019 power plants by the end of the decade, signalling a stronger focus on natural gas as a way forward. This highlights the ongoing challenges in making hydrogen production and related offtake contracts financially viable, particularly when factoring in the added cost of pipeline construction and transport.<\/p>\n

A day following Equinor\u2019s press release, Shell announced the cancellation of its Aukra Hydrogen Hub project at the Nyhamna gas processing plant in Norway, citing low demand and inadequate market conditions[2]<\/a>. The 1.8GW (LHV) project, to be developed with Aker Horizons and CapeOmega, aimed to produce 1,200 tonnes of CCS-enabled hydrogen daily by 2031. Shell and Aker Horizons attributed the decision to the lack of a strong regulatory framework and long-term policy incentives, particularly compared to electrolytic renewable hydrogen. As a result, Aker Horizons plans to shift focus towards electrolytic hydrogen projects and ammonia as an energy carrier.<\/p>\n

Some positive signals<\/em><\/p>\n

Amid the cancellations of two major Norwegian projects, Leiv Kallestad, co-CEO of Horisont Energi, reaffirmed the company\u2019s optimism about CCS-enabled hydrogen. He stated in late September that their 735MW (LHV) Barents Blue project, due to be operational in 2029, is still progressing despite facing challenges such as a delayed final investment decision (FID) until 2026. Kallestad highlighted the scaling potential of CSS-enabled hydrogen, which currently outpaces electrolytic hydrogen projects, as a key factor in its current market viability. Additionally, Horisont Energi has secured ammonia offtake agreements and received NOK 482mn in funding from ENOVA under the IPCEI Hydrogen programme, ensuring the project continues to progress.<\/p>\n

Further support for CCS-enabled hydrogen comes from the completion of the Northern Lights CO2 transport and storage facility, a joint venture (JV) between Equinor, Shell, and TotalEnergies. Officially opened in \u00d8ygarden, Norway, on 26 September, the facility is part of Norway’s Longship CCS initiative, which aims to decarbonise European industries by capturing CO2 emissions, transporting them via LNG-powered carriers, and storing them in the North Sea seabed. With a capacity of 1.5 MTPA already fully booked and plans to expand to 5 MTPA in Phase 2, this facility could play a significant role in enabling the growth of CCS-enabled hydrogen project by providing the necessary infrastructure to handle large-scale CO2 storage.<\/p>\n

Too little too late for policy?<\/em><\/p>\n

As with the wider European hydrogen market, timing and pace remain significant challenges. Just days after the cancellations mentioned previously, where insufficient regulations were a central concern, the European Commission released a draft Delegated Act on \u2018low-carbon hydrogen\u2019. It clarifies the methodology for calculating emissions from low-carbon gases, including hydrogen, which must be 70% lower than those of fossil-based production. Although the EU\u2019s Hydrogen and Low-carbon Gas Markets Package, published in July, lacked specific guidelines on emissions calculations, this new draft offers clearer direction for project developers. It remains open for consultation until 25 October, with finalised rules expected by the end of the year. Without greater regulatory certainty, we could see further cancellations as developers remain hesitant amid ongoing policy uncertainty.<\/p>\n

Electrolytic hydrogen development receives further support<\/strong><\/h3>\n

Policy support<\/em><\/p>\n

In early September, the European Commission introduced new guidelines requiring the 27 EU members sates to implement incentives to meet the 42% target for RFNBO[3]<\/a> hydrogen use in industry[4]<\/a> by 2030, set through REDIII[5]<\/a>. The guidelines state that the measures should be tailored to each country\u2019s circumstances and clarify that the target applies to member states rather than directly to hydrogen consumers. While member states have been encouraged to establish mandatory quotas for RFNBO use, it was made clear that they should consider providing regulatory support to address cost disparities between RFNBOs and fossil-based hydrogen to ensure targets are met. In addition, the guidelines clarify that hydrogen used in refineries can count toward either industry or renewable transport targets, although hydrogen used for electricity generation or steam production is excluded.<\/p>\n

The European Commission\u2019s technical approval of CertifHy, the Clean Hydrogen Partnership\u2019s renewable hydrogen verification programme, marks a notable step in advancing regulatory frameworks for hydrogen in Europe. CertifHy, which has operated a voluntary verification programme since 2014, applied for formal recognition in March 2023 and is now awaiting final accreditation, anticipated by the end of the year. Alongside CertifHy, two other certification bodies, ISCC EU and REDcert, have also received pre-certification status to validate RFNBOs. These developments signal growing regulatory certainty, which will be crucial to drive forward hydrogen project development and investments. With clearer standards in place, developers, technology providers and offtakers will gain much-needed certainty about their project\u2019s compliance with strict EU regulations. This clarity is essential for advancing hydrogen projects, but any delays in the approval process could hinder an industry already struggling with regulatory uncertainty and slow progress.<\/p>\n

Calls for leniency<\/em><\/p>\n

German Vice-Chancellor Robert Habeck, supported by trade association Hydrogen Europe, called for a postponement of the EU\u2019s strict rules[6]<\/a> on renewable hydrogen production to reduce costs and enable the market to develop. In his letter to the EU, Habeck argued that these rules are overly stringent and are slowing the development of renewable hydrogen projects in Germany and other EU member states, raising the production cost by around \u20ac2.40\/kg of hydrogen. He suggests delaying the implementation of these rules from 2028 to 2035 to give companies more time to develop the hydrogen market. The IEA also openly criticised the rules, yet considering the long process to reach approval last year, it appears unlikely that the legislation will be redrafted given its recent approval.<\/p>\n

\u2018Domestic\u2019 funding support<\/em><\/p>\n

The EU announced the final terms and conditions for the second European Hydrogen Bank (EHB) auction, allocating \u20ac1.2bn to electrolytic hydrogen production projects. The auction, expected by the end of the year, will divide the funds into two pots: \u20ac1bn for projects targeting any end-use demand sector, and \u20ac200mn specifically for maritime projects to support compliance with the FuelEU directive[7]<\/a>.<\/p>\n

A notable change in this auction is the lower ceiling price of \u20ac4\/kg, down from \u20ac4.5\/kg in the first round. This marks a change from the initially proposed \u20ac3.5\/kg ceiling in the draft rules \u2013 perhaps a move to attract more bids. Projects must be operational within five years of receiving the award and reach FID within 2.5 years of signing the grant agreement.<\/p>\n

A new requirement stipulates that no more than 25% of electrolyser stacks can be sourced from China. This follows an open letter from European electrolyser manufacturers to the EU Commission in July to provide protection against Chinese electrolyser manufacturers. Nonetheless, the restriction only applies to electrolysers manufactured in China, opening the door for Chinese companies developing manufacturing facilities in other countries. Notably Hygreen Energy and Envision have recently announced commitments to develop large-scale facilities in Spain.<\/p>\n

Similar calls for domestic support have been made in the UK, with Hydrogen UK[8]<\/a> advocating for a minimum threshold of domestically manufactured technology to access subsidies.<\/p>\n

Many European electrolyser manufacturers support this move, however some worry it could slow hydrogen project development if production costs remain high. Key stakeholders, including Germany\u2019s Ministry for Economic Affairs and Climate Action, RWE and Engie, have cautioned that even reaching \u20ac5\/kg by 2030 could be challenging[9]<\/a>. Many European developers, including Tree Energy Solutions and Madoqua Renewable, are already looking to China to source cheap electrolysers. The new restrictions may discourage other developers from applying for subsidies in the second auction round, especially as developers were able to secure low winning bids in the first EHB auction potentially supported by the reliance on cost-effective Chinese technology.<\/a>[\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_animated_title heading_tag=”h6″ style=”color-strip-reveal” color=”Accent-Color” text=”Key European Project Watch”][vc_column_text]Key project announcements and developments in September[\/vc_column_text][vc_table][align-left]Project,[align-left]Update|[align-left]Cobra%20Cartagena%20and%20Castellon,[align-left]Spain%20has%20granted%20a%20%E2%82%AC150mn%20subsidy%20to%20Cobra%20Instalaciones%20y%20Servicios%20(Cobra%20IS)%2C%20a%20subsidiary%20of%20French%20company%20Vinci%2C%20to%20support%20its%20Green%20Cobra%20project%20focused%20on%20developing%20a%20complete%20renewable%20hydrogen%20supply%20chain%20in%20Spain%2C%20including%20production%2C%20storage%2C%20transportation%20and%20distribution.%20The%20project%20was%20previously%20designated%20an%20Important%20Project%20of%20Common%20European%20Interest%20(IPCEI)%20by%20the%20EU%20in%20October%202022%2C%20with%20an%20initial%20approval%20for%20%E2%82%AC220mn%20in%20funding.%0AThe%20project%20will%20include%20two%20electrolysers%2C%20one%20located%20in%20each%20of%20Castell%C3%B3n%20and%20Cartagena%2C%20with%20a%20combined%20capacity%20of%20205MW%2C%20aiming%20to%20produce%208%2C500%20tonnes%20of%20green%20hydrogen%20annually%20for%20hard-to-abate%20sectors%20like%20refining%20and%20ceramics.%20The%20reasons%20for%20the%20reduced%20funding%20from%20the%20originally%20approved%20amount%20are%20unclear.|[align-left]VVR%20Green,[align-left]The%20VVR%20Green%20renewable%20hydrogen%20production%20project%20by%20DH2%20Energy%20has%20received%20Potential%20National%20Interest%20(PIN)%20status%20from%20the%20Portuguese%20Agency%20for%20Investment%20and%20Foreign%20Trade%20(AICEP)%2C%20recognising%20it%20as%20a%20significant%20investment%20for%20Portugal%20due%20to%20its%20economic%20benefits%20and%20positive%20impact.%20Located%20in%20Vila%20Velha%20de%20R%C3%B3d%C3%A3o%2C%20Castelo%20Branco%2C%20the%20project%20will%20start%20with%20a%2035MW%20electrolyser%20powered%20by%20a%2049MWp%20solar%20photovoltaic%20plant%2C%20with%20plans%20to%20expand%20to%2075MW%20and%20100MWp%2C%20respectively%20in%20a%20second%20phase.|[align-left]Hamburg%20Green%20Hydrogen%20Hub,[align-left]Hamburg%20Green%20Hydrogen%20Hub%20(HGHH)%2C%20a%20JV%20between%20Luxcara%20and%20Hamburger%20Energiewerke%2C%20has%20awarded%20Siemens%20Energy%20a%20contract%20to%20supply%20HGHH%20with%20a%20100MW%20PEM%20electrolyser%20at%20the%20site%20of%20the%20former%20coal%20power%20plant%20in%20Hamburg-Moorburg%20which%20closed%20in%20July%202021.%20The%20100MW%20electrolyser%20will%20be%20made%20up%20of%20six%20units%20from%20Siemens%20and%20construction%20is%20expected%20to%20begin%20in%202025%20before%20becoming%20operational%20in%202027.%20HGHH%20aims%20to%20produce%20hydrogen%20for%20a%20variety%20of%20customers%2C%20supplied%20via%20the%20HH-WIN%20hydrogen%20distribution%20network.|[align-left]Gowy%20Green%20Hydrogen,[align-left]SSE%20and%20EET%20Hydrogen%20announced%20a%2040MW%20electrolytic%20hydrogen%20project%20located%20in%20Ellesmere%20Port%2C%20England.%20The%20project%20aims%20to%20produce%20hydrogen%20for%20local%20industrial%20offtakers.%20The%20project%20is%20to%20be%20located%20at%20the%20Stanlow%20Manufacturing%20Complex%2C%20the%20same%20site%20as%20EET’s%20CCS-enabled%20hydrogen%20project%2C%20part%20of%20the%20HyNet%20North%20West%20cluster.%20The%2040MW%20project%20could%20commence%20commercial%20operations%20as%20early%20as%202028.|[align-left]GET%20H2%20Nukleus,[align-left]RWE%20has%20commissioned%20Sunfire%20to%20supply%20the%20third%20100MW%20electrolyser%20as%20part%20of%20the%20GET%20H2%20Nukleus%20hydrogen%20project%20in%20Lingen%2C%20Germany.%20Sunfire%20will%20provide%20a%20100MW%20alkaline%20electrolyser%20which%20RWE%20aims%20to%20commission%20in%202027%20while%20both%20Phase%201%20and%20Phase%202%20will%20be%20100MW%20PEM%20electrolysers%20supplied%20by%20ITM%20Power%20to%20be%20commissioned%20in%202025%20and%202026%20respectively.%20RWE%20stated%20that%20they%20have%20taken%20FID%20on%20the%20project%20in%20September%202024.%20This%20comes%20after%20the%20German%20government%20granted%20funding%20for%20the%20300MW%20project%20in%20July%202024.%0AFurthermore%2C%20RWE%20announced%20they%20had%20started%20producing%20hydrogen%20at%20their%2014MW%20pilot%20plant%20at%20the%20same%20site%20in%20Lingen%20on%2012%20August%202024.%20The%20pilot%20plant%20also%20has%20two%20different%20electrolyser%20types%2C%20one%204MW%20PEM%20electrolyser%20from%20ITM%20Power%20and%20one%2010MW%20alkaline%20electrolyser%20provided%20by%20Sunfire.|[align-left]HyVal,[align-left]BP%20and%20Iberdrola%20have%20formed%20a%2050%3A50%20JV%20to%20develop%20a%2025MW%20electrolytic%20hydrogen%20project%20at%20BP%E2%80%99s%20Castell%C3%B3n%20refinery%20in%20Spain%2C%20with%20operations%20expected%20to%20begin%20in%20the%20second%20half%20of%202026.%20The%20project%2C%20funded%20by%20a%20%E2%82%AC15mn%20subsidy%20from%20the%20Spanish%20Recovery%2C%20Transformation%20and%20Resilience%20Plan%2C%20aims%20to%20replace%20grey%20hydrogen%20in%20the%20refinery%2C%20reducing%20carbon%20emissions%20by%2023%2C000%20tonnes%20per%20year.%20Using%20Plug%20Power%20PEM%20electrolysers%20powered%20by%20200GWh%20of%20Iberdrola%E2%80%99s%20renewable%20energy%20annually%2C%20the%20plant%20will%20produce%202%2C800%20tonnes%20of%20electrolytic%20hydrogen%20each%20year.[\/vc_table][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text][1]<\/a> Westwood has categorised this project as \u2018Stalled\u2019 until further confirmation
\n[2]<\/a> Energi og Klima
\n[3]<\/a> The EU\u2019s Renewable Energy Directive definition of renewable fuels of non-biological origin (RFNBO), which includes electrolytic hydrogen production from renewable electricity
\n[4]<\/a> Manufacturing, construction, mining, quarrying, and information service activities, including data centres
\n[5]<\/a> The EU\u2019s Renewable Energy Directive III
\n[6]<\/a> Set in the EU\u2019s 2023 Delegated Act \u2013 focus on additionality, time matching, and geographic correlation to ensure renewable hydrogen production doesn\u2019t rely on renewable energy that would otherwise decarbonise the grid, thus avoiding fossil fuels.
\n[7]<\/a> All ships operating in EU waters with a gross tonnage above 5,000 tonnes are required to cut GHG emissions by 2% from the start of 2025, 6% by 2030, and 80% from 2050.
\n[8]<\/a> UK Hydrogen Supply Chain Strategic Assessment
\n[9]<\/a> Investing in Green Hydrogen conference September 2024[\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]If you have any project updates that you would like to share with Westwood’s Hydrogen team, please contact Jun using the contact details below.<\/p>\n

Jun Sasamura,<\/strong> Manager \u2013 Hydrogen<\/em>
\njsasamura@westwoodenergy.com<\/a>[\/vc_column_text][divider line_type=”Full Width Line” line_thickness=”1″ divider_color=”default” custom_height=”60″][divider line_type=”No Line”][vc_column_text]View all issues of Hydrogen Compass here:<\/strong>[\/vc_column_text][nectar_btn size=”medium” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”Hydrogen Compass Listing” url=”https:\/\/www.westwoodenergy.com\/subsectors\/hydrogen\/hydrogen-compass”][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” bg_color=”#3756a5″ scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” id=”form” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none” gradient_type=”default” shape_type=””][vc_column column_padding=”padding-3-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid” column_padding_type=”default” gradient_type=”default”][nectar_animated_title heading_tag=”h6″ style=”color-strip-reveal” color=”Accent-Color” text=”Sign-up to receive the latest Hydrogen insights”][vc_raw_html css=””]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[\/vc_raw_html][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"

Westwood\u2019s monthly digest covering Northwest Europe\u2019s latest hydrogen market and project developments<\/p>\n","protected":false},"author":13,"featured_media":16531,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[353,430,555,791,551],"tags":[605,354,606,604,660,509],"class_list":{"0":"post-16884","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all_articles","8":"category-energy-transition","9":"category-hydrogen","10":"category-jun-sasamura","11":"category-new-energies","12":"tag-blue-hydrogen","13":"tag-energy-transition","14":"tag-green-hydrogen","15":"tag-hydrogen","16":"tag-hydrogen-scale-up","17":"tag-renewable"},"acf":[],"yoast_head":"\nHydrogen Compass - October 2024 - Westwood<\/title>\n<meta name=\"description\" content=\"The European hydrogen market emerged from the summer months with significant developments in both CCS-enabled and electrolytic hydrogen production pathways.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.westwoodenergy.com\/subsectors\/hydrogen\/hydrogen-compass-october-2024\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hydrogen Compass - 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