The transition to all-electric everything would require an increase in electric generation to approximately 13,000 TWH from a storage supported predominantly intermittent generation fleet of approximately 6,000 GW with a capacity factor of approximately 30%, depending on the mix of wind and solar in the generation fleet.

The study will be developed as one of the deliverables under the Joint Declaration of Intent (JDoI) of the UK-Germany Hydrogen Partnership, signed on September 26, 2023, between the UK Department for Energy Security and Net Zero (DESNZ) and the German Federal Ministry for Economic Affairs and Climate Action (BMWK).

Iron-air batteries use rusting as their central technology. In an iron-air battery, iron, water and air are the components. The iron rusts to discharge power and the rusting is reversed to charge the battery.

Germany would significantly increase research funding for fusion with an additional EUR370 million (USD403 million) over the next five years.

The hydrogen market is now transitioning from a speculative investment area to a sector with tangible commercial applications and real-world implementations.

While hydrogen is at the core of Europe’s plans to eventually wean itself off fossil fuels, there are currently few buyers for the gas as it’s expensive to produce and requires infrastructure investments to make its use more viable.

Differing from VPPs, a Distributed Energy Resources Management System (DERMS) offers grid services that are closely tied to the specific location (grid connection) of each asset.

But there has been no organized market for hydrogen. That is the mission of the new consortium. It will be funded initially by the DOE, which has allocated $8 billion for hydrogen and pledged about $1 billion each to the seven hubs — some get a little more and some a little less. The remaining funding is available to the consortium for market creation.

The Ministry of Industry and Trade (MoIT) held a conference in Hanoi on February 22 to deploy Vietnam's hydrogen energy development strategy to 2030 with a vision until 2050.

SEFE’s trading of Russian LNG is controversial in Berlin, where lawmakers have urged the company to sever its links with Moscow. Germany opposes LNG imports from Russia, though it hasn’t banned them.