The Colombian government approved this Wednesday in a first discussion the project to promote the development of hydrogen in the country.

During the meeting of the Fifth Commission of the Lower House, the decision was made to approve the Hydrogen Economy in Colombia bill, which was presented by the representative, Nicolás Barguil.

The energy sector is of great importance for Colombia and the entire region. Once the project is law “Hydrogen economy in Colombia will be the foundation to promote the production chain.”

On the other hand, it will allow “potentiating the competitive advantages that the country has, such as lower production costs due to the privileged positioning for its production and its derivatives.”

The bill focuses on four main aspects: reducing the environmental impact caused by fossil fuels, such as oil and coal; strengthening security and energy self-sufficiency in Colombia; promotion of the use of hydrogen for the benefit of food security and sovereignty and protection of water sources.

M.Pino

Source: valoranalitik

(Reference image source: Raimond Klavins, Unsplash)

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RWE, the German company in the energy sector, will invest during 2022 more than 5,000 million euros, equivalent to 5,100 million dollars, to increase its green energy projects, which represents 30 percent more than initially planned for this year.

According to what was announced by the second energy producer in Germany, the portfolio of green generation projects contains “offshore and onshore wind energy, solar energy, batteries and hydrogen economy”.

The chairman of the board of directors, Markus Krebber, highlighted that during the first half of the year “20 percent more electricity was generated from renewable energies than in the same period of the previous year”.

According to Krebber the “expansion of our green portfolio, which is 30 percent more than originally planned. All of this is urgently needed to make the energy supply more independent and climate-neutral.”

RWE includes as its main business the generation of electricity from alternative sources and natural gas, and is also responsible, together with its subsidiaries, for distributing electricity, gas and water to Europe and North America.

Increased benefits

Krebber also reported that during the first half of the year the company obtained a net profit of “2,083 million euros”, which is equivalent to 45.5 percent more than in the same period of 2021.

Until the month of June, the company registered a total income of “16,188 million euros, 91.6 percent more, while the adjusted gross operating result (Ebitda) increased by 63.2 percent, to 2,858 million”.

The chairman of the company’s board of directors stated: our earnings have increased significantly, and the benefits will benefit the energy transition.

M. Rodríguez

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Source: larepublica.ec

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German truck manufacturer Daimler Truck signed this week an agreement with French energy giant Totalenergies for the manufacture of hydrogen-powered trucks.

Daimler Truck and Totalenergies jointly announced the construction of a hydrogen infrastructure for heavy trucks.

Both companies want to play a leading role in the technology of the future. In the transition from the combustion engine to the new propulsion systems, the vehicle manufacturer will bet on fuel cells and batteries.

The Stuttgart-based German automaker is considered the world market leader for heavy-duty vehicles and employs more than 100,000 people.

The two companies want to cooperate in the acquisition of hydrogen and the development of trucks powered by this fuel. Totalenergies plans to “operate directly or indirectly up to 150 hydrogen filling stations in Germany, the Netherlands, Belgium, Luxembourg and France” by 2030.

Daimler Truck will supply hydrogen-powered fuel cell trucks to customers in the Netherlands, Belgium, Luxembourg and France until 2025.

Daimler Truck will be spun off from Daimler and go public before Christmas, although a specific date has not yet been set.

Daimler had already joined the Stellantis and Totalenergies battery alliance in September to supply electric cars, significantly strengthening the German-French project.

Source: dpa

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Germany on Tuesday joined a declaration to stop financing fossil fuel projects abroad by the end of 2022.

The Secretary of State for the Environment, Jochen Flasbarth, and a representative of the British presidency of the World Climate Conference (COP26) signed the corresponding document in Glasgow.

The alliance, which 28 countries joined, stipulates that the signatories will stop investing state funds in fossil fuel projects outside their territories by the end of 2022.

There are exceptions in “clearly defined circumstances that are consistent with the 1.5 degree target and the Paris Agreement,” the statement said.

Flasbarth, who co-leads the German delegation, said that these exemptions apply to projects that in the future generate energy based on green hydrogen. He added that this was also the reason why he was initially hesitant to join the deal.

He recalled that Germany withdrew long ago from financing coal projects abroad, which facilitates the achievement of the objective established in the declaration. The Secretary of State for the Environment explained that, to some extent, support for gas projects is still necessary, especially for countries that want to make the transition from coal to renewable energy.

Source: dpa

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