Tagged With Stuart Penson
Stellantis halts hydrogen vehicle programme
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets
BP tests German market for green hydrogen
16 July 2025
Oil and gas major calls for expression of interest in product from Lingen project ahead of startup in 2027
Topsoe ‘slows’ $400m US project amid market uncertainty
14 July 2025
Danish electrolyser manufacturer decelerates pre-FID work on planned Virginia plant despite renewed clarity over 45V tax credit
US confirms early sunset for hydrogen tax credits
4 July 2025
Race is on to meet end-2027 deadline for 45V as Congress passes One Big Beautiful Bill Act
Letter from London: Hydrogen’s souffle moment
25 June 2025
One of the sector’s harshest critics calls for a change of course, but the industry insists it is on an upward trajectory
Letter on hydrogen: Cracking the ammonia code
18 June 2025
UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project
Letter on hydrogen: Bankable business?
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
Spain tightens grip on EHB green subsidies
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
Letter on hydrogen: 45V on the brink?
14 May 2025
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
Air Products CEO spells out new reality for clean hydrogen
2 May 2025
Projects will progress only if they are backed by firm offtake deals, with much of firm’s clean hydrogen portfolio underperforming, Eduardo F. Menezes tells investors
Letter on hydrogen: Electric shock
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
Germany eyes role as European storage hub
25 April 2025
Strategically located salt caverns can provide high volume storage for Germany and neighbouring countries, says Federal Ministry of Economics and Climate Protection
Oman lines up major export corridor to Europe
23 April 2025
Gulf state signs agreement with multiple partners aimed at creating large-scale liquid hydrogen supply chain into the Netherlands and Germany
EU waves through €400m Spanish green support scheme
23 April 2025
Scheme will fund up to 345MW of electrolyser capacity through direct grants for up to ten years
France cuts 2030 electrolytic capacity target by 30%
23 April 2025
Government cites slower than expected market development but stands by plan to offer €4b of subsidies to projects aimed at industry
Energiequelle joins Finland’s green hydrogen push
11 April 2025
German firm reserves site for three-phase project as developers flock to Europe’s latest green hydrogen hotspot
European green projects in scramble for subsidies
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
Letter on hydrogen: Market correction
11 March 2025
A reassessment of clean hydrogen’s growth trajectory is underway, but the energy vector’s long-term potential to decarbonise remains intact
Letter on hydrogen: Synthesising a future for e-fuels
5 March 2025
E-fuels remain too expensive for many buyers, but emerging policies in the maritime sector could boost their prospects in that key market
EU backs hydrogen for role in clean industrial strategy
27 February 2025
Commission doubles down on plan to boost growth through investment in transition, as European oil and gas majors refocus on fossil fuels
Hy24 enters North America with StormFisher investment
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
Letter from London: Equinor’s renewable reality check
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
Letter from London: Equinor’s renewable reality check
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
Plug breaks ranks to offer spot deals
6 February 2025
US green hydrogen producer Plug Power says its new spot price programme allows buyers to purchase on-demand and without the limitations of long-term agreements
Letter on hydrogen: Doubling down in Davos
24 January 2025
Clean hydrogen sector has enough traction globally to ride out a period of policy uncertainty under the Trump administration
Letter on hydrogen: HSBC takes the plunge
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
Dutch demand doubts threaten hub potential
13 January 2025
IEA urges Netherlands to give clean hydrogen investors greater certainty over industrial consumption
German policy in play as election looms
10 January 2025
Country’s emerging clean hydrogen sector faces its first big political test as centre-right party leads in polls
Letter on hydrogen: Five factors to watch in 2025
2 January 2025
From politics to power and pipelines, the year ahead looks challenging for the emerging clean hydrogen sector
EU launches €1.2b green subsidy auction
4 December 2024
European Hydrogen Bank’s second auction opens amid uncertainty over green hydrogen sector’s near-term prospects
Letter from London: Hydrogen’s growing pains
27 November 2024
The clean hydrogen sector has endured a difficult year, but it will end 2024 better equipped to fulfil its long-term potential
Topsoe ‘optimistic’ on its US strategy
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
Letter from Abu Dhabi: AI and the new energy guzzlers
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
Letter from Abu Dhabi: AI and the new energy guzzlers
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
Letter from Abu Dhabi: AI and the new energy guzzlers
8 November 2024
The energy sector will need all viable technologies to meet surging demand as AI and datacentres drain power grids
UK confirms $2.6b green project funding
30 October 2024
Inclusion of funding in government’s budget ends uncertainty over support for 11 electrolytic projects
Letter on hydrogen: IRA’s election stress test
25 October 2024
Investors in hydrogen, CCUS and other energy transition technologies face uncertainty over the outlook for government support after November’s presidential election
Letter on hydrogen: The generation game
22 October 2024
Hydrogen is making inroads as a fuel for power plants as governments seek clean fuels to back up intermittent wind and solar
China Tianying advances major e-methanol project
18 October 2024
Project in northeast of country set to start up in 2025 as developer signs technology deal with Icelandic firm Carbon Recycling International
Denmark delays key green export link to Germany
9 October 2024
Danish government stresses support for hydrogen pipeline project despite slippage of three or four years in commissioning timetable
UK backs low-carbon hubs with $28b funding pledge
4 October 2024
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters
Letter from Copenhagen: Place your hydrogen bets
3 October 2024
The stakes are high for project developers as they choose which hydrogen molecule or derivative with which to target future markets
LNG challenges growth of green methanol
2 October 2024
The fuel’s inroads in maritime fuel market hamper efforts to secure demand for synthetic fuel, German utility Uniper tells World Hydrogen Congress
Letter from London: Hydrogen hits peak hype
27 September 2024
A new realism is shaping the ambitions of the clean hydrogen industry after years spent overstating its decarbonisation potential
Absent demand dents Norway’s blue ambitions
24 September 2024
Equinor and Shell put Norwegian export pipeline and blue hydrogen production plans on hold as demand fails to materialise
Refuelling trends expose regional divide on hydrogen vehicles
19 September 2024
Rollout of refuelling stations gathers pace in Asia but stalls in North American and Europe, say Hydrogen Council and McKinsey
Project delays grow amid policy uncertainty
18 September 2024
Greater regulatory clarity and support for demand will be critical for tackling project delays over next two years, say Hydrogen Council and McKinsey
Hydrogen’s renewable renaissance
18 September 2024
As part of Petroleum Economist's 90th anniversary special coverage, we look at how hydrogen has emerged from relative obscurity to become a key player in the transition to net zero
ADNOC invests in major Texas blue hydrogen project
6 September 2024
Emirati NOC signs groundbreaking deal to take 35% stake in ExxonMobil’s large-scale Baytown project, despite uncertainty over US government support
Lhyfe banks five-year offtake deal with H2 Mobility
5 September 2024
French green hydrogen producer to supply German firm’s network of refuelling stations under its first major long-term offtake agreement
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