Netherlands

The Southeast Asian country considers hydrogen as a key potential decarbonisation pathway, seeing business opportunities in three related specific fields: finance, shipping and aviation. Meanwhile, Evos, Hydrogenious, and Port of Amsterdam bet on thermal oil benzyl toluene for delivery of hydrogen before 2028.

According to state-run agency RVO, solar may reach 17.6 GW of installed capacity by year-end, thus becoming able to cover more than 12% of the country’s electricity demand.

South Korean industrial giant Hanwha launched its new Q Energy business over the summer, and is moving forward with an ambitious strategy of energy projects across the European continent. pv magazine caught up with Sang Chull Chung, CEO of Q Energy Group, for a look at its plans to accelerate deployment of renewables to alleviate Europe’s energy challenges.

The Clean H2 Infra Fund has closed with new investors to mobilize up to €20 billion ($19.4 billion) of investment capacity over the next six years for heavy mobility and energy-intensive industries. Toshiba has revealed new production tech for electrolysis electrodes that slashes iridium use, while Hyundai Heavy Industries has kicked off a demo project for fuel cell vessels.

Vattenfall and Greenchoice have agreed to adjust sustainability claims on their websites in response to a request from the Dutch Authority for Consumers and Markets. The companies reportedly used vague comparisons to support their claims.

Ulsan National Institute of Science and Technology researchers have unveiled designs for advanced solar hydrogen production systems to broaden the application of LC biomass. Mitsubishi has started building the world’s first validation center for hydrogen-related technologies, while Fortescue Future Industries has announced investments in Germany and Australia.

The RE-Source 2022 event is taking place this week in Amsterdam amidst what is being described as “the perfect storm” of challenges for the European PPA market. Prices have skyrocketed, permitting continues to hamper accelerated development, and a new European Commission policy decision has only added to the inertia in the market.  

S4 Energy and ABB recently installed a hybrid battery-flywheel storage facility in the Netherlands. The project features a 10 MW battery system and a 3 MW flywheel system and can reportedly offer a levelized cost of storage ranging between €0.020 ($0.020)/kWh and €0.12/kWh.

The European Commission’s merger and acquisitions body is running the rule over a plan by New York-based Blackstone Capital to take joint ownership of expansionary Esdec Solar, alongside private equity group Rivean.

Rob Jetten, the Dutch energy minister, said the nation’s energy suppliers should implement billing practices for net-metered solar on a yearly basis, and not on a monthly or quarterly basis.