He hydrogen energy storage project bidding

Where is RWE storing hydrogen?

RWE has launched a tender for companies to store hydrogen at its Gronau-Epe site in the German state of North Rhine-Westphalia, which is currently under construction. However, the energy company notes that 70% of the 38 million cubic metres of storage space has already been booked.

How many bids did the European hydrogen bank receive?

The European Hydrogen Bank ’s second auction for the production of renewable hydrogen has attracted 61 bids from projects in 11 countries within the European Economic Area (EEA). Eight of the bids were submitted under the dedicated maritime topic by hydrogen producers with off-takers in the maritime sector.

Can large-scale hydrogen storage be used as a long-duration energy storage?

Large-scale hydrogen storage is expected to act as a buffer for intermittent green H 2 production, allowing constant flows of molecules to offtakers even during periods of low wind or solar power generation. Additionally, hydrogen storage has been proposed as a potential form of long-duration energy storage on a seasonal or even annual basis.

Why is large-scale hydrogen storage important?

Large-scale hydrogen storage thus improves the safe and flexible supply of future hydrogen users. The project is an important step towards integrating green hydrogen technology into the existing energy infrastructure and a key project for the energy transition.

How does the EU's hydrogen investment plan work?

It aims to unlock private investment in the EU and in third countries by addressing investment challenges, closing the funding gap, and connecting future renewable hydrogen supply to consumers, helping to meet the objective of 20 million tonnes of hydrogen in the EU energy mix by 2030.

What is the European hydrogen bank?

The European Hydrogen Bank is an initiative to facilitate the EU's domestic production and imports of renewable hydrogen.