The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.
ArcelorMittal Poland, a subsidiary of the global steel giant ArcelorMittal, has begun commissioning new hydrogen furnaces in its annealing shop in Krakow.
Poland has committed €640 million from its National Recovery and Resilience Plan (KPO) to advance hydrogen technologies, marking a major step toward a greener economy.
The International Energy Agency's Global Hydrogen Review 2024 reports that the production of low-emissions hydrogen projects that reached final investment decisions has doubled in the past year.
MEPs and the Spanish Presidency of the Council informally agreed on plans to facilitate the uptake of renewable and low-carbon gases, including hydrogen, on the EU's gas market.
Bulgaria aims to be among the 20 countries in the world with a working hydrogen valley, says Minister of Innovation and Growth in Bulgaria, Milena Stoycheva.
The President of Romania, Klaus Iohanis, has promulgated the Law on the integration of hydrogen from renewable sources and with low carbon emissions in the industry and transport sectors.
The Bosch Group focuses on sustainability in all areas of activity. The group has invested €83 million in Romania in 2022, mainly in the development of production units in the Electro-mobility Solutions business sector in Cluj and Blaj, as well as in the field of research and development, within the Bosch Engineering Center in Cluj, says Mihai Boldijar, general manager of Robert Bosch and representative of the Bosch Group in Romania.
Poland and Japan have signed an MoU which will deepen hydrogen cooperation between the two countries. The agreement aims to deepen bilateral cooperation in the production of renewable, low-emission hydrogen and the development of a “sustainable and affordable” hydrogen supply chain in the areas of energy, transport, heating, and industry.
A hydrogen factory will be built in Galati, on the site of the Siderurgic Complex, as a result of a project worth €32 million that would be financed directly by the European Commission. Hydrogen is seen as an alternative to fossil fuels.
Several Romanian companies receive money from the state through PNRR for green hydrogen production. The Ministry of Energy signed financing contracts for 7 projects to build green hydrogen production capacities.
Romania to get €16 million from the European Commission for mobility projects. 26 projects from 12 member states are selected to benefit from subsidies worth €188.8 million to finance the construction of charging points and refueling stations hydrogen.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.