World news: Luxembourg, Germany, Saudi Arabia, Mauritania

The Luxembourgish Minister of Energy Claude Turmes presented the ‘Luxembourg Hydrogen Strategy’, a plan to prepare the country for the challenge of decarbonising the economy and energy sector through a series of measures, including the widespread adoption of hydrogen as a clean energy source. 
The plan envisions a sort of three-step approach to decarbonisation and lowering carbon emissions. Luxembourg’s first priority is energy efficiency. The second step is direct electrification. Then comes the third step – providing hydrogen generated from renewable sources to all sectors that have managed to slip by the previous two measures, like heavy industry.

Germany eyes world-first tender for offshore wind-to-hydrogen pilot in 2022. Berlin provides $58m in support for pilot projects in the country’s exclusive economic zone in the North Sea.
Germany’s economics and energy ministry has published an ordinance for the allocation of areas.
The rule that entered into force on October 1 in practice creates the opportunity to test H2 output from offshore wind power.

Ardian and FiveT Hydrogen announced a partnership to create Hy24, an equally owned joint venture. Hy24 will become the world’s largest investment platform focused on clean hydrogen infrastructure, designed to invest in projects that are critical to global decarbonization.
Hy24 is targeting €1.5bn for its first fund, making the platform the industry’s largest clean hydrogen infrastructure manager. Of this, €800m has already been committed by a leading group of industrial and financial investors active in clean hydrogen.

Aramco, Air Products and ACWA Power will strengthen Saudi Arabia’s position as a leader in renewable energy with $12bn set to be invested in a new hydrogen and power project.
With the formation of a joint venture between the companies, the new project will produce both hydrogen and power in the Jazan Economic City as it advances zero-emission technologies to support the Kingdom’s net zero targets.

The government of Mauritania has signed a Memorandum of Understanding to progress Project Nour, a green hydrogen development of up to 10GW.
Project Nour has been given exclusivity over an onshore and offshore area totalling approximately 14,400 km2 to carry out pre-feasibility and feasibility studies with the intention of generating electricity from solar and wind resources to be used in electrolysis.