The Pilot Auction of the European Hydrogen Bank has Surpassed Expectations
February 20, 2024 by Sergio Matalucci
Gasunie and Storag recently announced their collaboration to establish a hydrogen storage facility in the Etzel salt dome in Lower Saxony, Germany. Their goal, post a feasibility study, involves creating a multi-cavity storage site capable of storing up to 1 TWh of hydrogen. This project will significantly impact the hydrogen market in both the Netherlands and Germany, especially with its proximity to Gasunie’s Hyperlink hydrogen network and Germany’s Energy-Hub port in Wilhelmshaven.
Australia’s Commitment to Hydrogen Infrastructure Development
In other news, Australia has finalized an agreement to construct a hydrogen hub, signaling its dedication to fostering a hydrogen economy. The successful outcome of these initiatives is a reflection of the growing global interest in hydrogen as a sustainable energy source.
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