Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, ...
Register for free to Reuters and know the full story The Portugal solution could be an effective way of resolving the "chicken and egg" situation of waiting for demand to justify investment, said Dilara Caglayan, senior research associate for hydrogen at Aurora Energy Research. LISBON, March 27 (Reuters) - Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market.
Portugal is set to hold Europe's first hydrogen auction managed by Gás Natural de Portugal (GNP) aiming to reduce greenhouse gas emissions by injecting ...
[Join the discussion](#join-discussion) The auction will be managed by a new body called Gás Natural de Portugal (GNP), which will buy renewable hydrogen and biomethane at auction and then sell it on to gas companies. ADVERTISEMENT The Portuguese government has set ambitious targets to reduce emissions by 2030 and is now looking to green hydrogen to meet those goals. On Monday morning, Portugal announced that it would launch a pioneering auction for rights to sell hydrogen for injection into its natural gas grid in the second half of this year.
International, MNA | Environmental associations in Portugal on Monday urged the government to take urgent action to improve the rail link between Lisbon.
They also call for the creation of “financial conditions” in CP so that the company “may begin direct daytime services between Lisbon and Madrid as of 2025”. The associations also propose the promotion before the European Commission of the “necessary authorisation for the financing of night services between Lisbon and Madrid”. After having participated in the First Iberian Railway Days, organised by the Iberian Alliance in defence of the railways, last week in Madrid, the associations made “a comparison in travel between Lisbon and Madrid, using the train and a bus”.
The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy sector company Redes Energéticas Nacionais (REN) ...
The reform aims to incentivize longer-term contracts with non-fossil power production and bring more clean, flexible solutions such as demand response and storage. “We are extremely pleased to have EIB supporting our commitment to the energy transition. It would also enable REN to maintain the reliability and quality of the electricity supply.