Winning projects in the second round of the EU Hydrogen Bank auction have been announced. Requesting production subsidies similar to first round winners, fifteen renewable hydrogen projects will be funded over ten years, including two ammonia projects led by IGNIS in Spain. A third auction round is set to launch later this year.
More than half the awarded funding goes towards ammonia, including GW-scale projects led by Copenhagen Infrastructure Partners and Moeve. IGNIS has also won funding for its maritime fuel-focused project in Coruña.
27 low-emission hydrogen projects have been shortlisted for funding by the UK’s Department for Energy Security and Net Zero, including Statkraft’s marine ammonia fuel project in Shetland. The UK government has also confirmed that it will exempt electricity used in electrolysis from the Climate Change Levy - one of fourteen policy recommendations from the authors of the Splitting the Difference roadmap to reduce the price of producing electrolytic hydrogen in the UK by 58%.
CF Industries, JERA and Mitsui & Co. will jointly invest in, own and operate a $4 billion, low-emission ammonia production project in Louisiana, USA.
Project partners Equinor, Shell and TotalEnergies taken FID to progress with phase two of the Northern Lights CCS project off Norway’s coast. The expansion will increase the CO2 transport and storage capacity from 1.5 million to a minimum of 5 million tons per year.
Once operational, the Copenhagen Infrastructure Partners-led Murchison Green Hydrogen project will receive AU$814 million in hydrogen production credits from the Australian government as part of the Hydrogen Headstart program. Nearly 1.8 million tons of renewable ammonia per year will be produced, primarily for export to Asian markets.
The Moroccan government has extended land allocation offers and streamlined approvals processes to the developers of four new ammonia projects in the country’s south.
The second edition of H2Global’s supply-side auction is organised into five lots - four regional and one global - with around €500 million committed for each eventual contract. Full details for prospective bidders (including roadshow events) are now available.
Starting in 2027, Hygenco will produce ammonia compliant with the EU’s RFNBO standard. Pre-certification from CertifHy enables access to key European markets, and marks another project milestone achieved in recent months.
Korean energy company LUPRO has entered into a long-term tripartite production, supply and sales agreement with Oman’s Muscat House and Thailand’s MA Corporation for the production and export of renewable ammonia to Asia, beginning in 2027.