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Hintco GmbH announces that it has formally signed a contract with Fertiglobe, the successful bidder in the first H2Global pilot auction for renewable ammonia. This landmark agreement marks a significant advancement in Europe’s renewable energy future, setting a precedent for future auctions under the H2Global framework.

Under the terms of the contract, Fertiglobe will begin producing renewable ammonia, with the first shipments scheduled for delivery to European ports in 2027. The contract, valued at up to EUR 397 million, will secure an initial supply of a potential 19,500 tons of renewable ammonia in 2027, with total deliveries expected to rise to ...

This comprehensive paper was conducted by a group of authors around Prof. Dr. Veronika Grimm from Friedrich-Alexander-Universität, Daniel Wragge from European Energy Exchange AG, Prof. Dr. Michael Sterner from Ostbayrische Technische Hochschule Regensburg, and Timo Bollerhey from H2Global. It sheds light on the tremendous challenges ahead when it comes to reaching the targets for the market ramp-up of renewable hydrogen and presents the authors’ view of how we can come closer to achieving them. The paper is now available for download on the H2Global Stiftung website under the "Downloads" section. Please follow this link to access and download the paper. ...

Leipzig, Mai 2023. Die führende Energiebörse European Energy Exchange (EEX) und die Hintco GmbH, haben sich auf eine Zusammenarbeit verständigt und kooperieren beim Aufbau einer Wasserstoff-Auktionsplattform. Während Hintco das Ziel verfolgt, durch die Umsetzung von H2Global den Markthochlauf für erneuerbaren Wasserstoff und Wasserstoffderivate anzuregen, bietet EEX den Zugang zu ihrer neugeschaffenen Handelsplattform für Wasserstoffprodukte. Dies wird Hintco die wettbewerbliche, transparente und diskriminierungsfreie Durchführung von Verkaufsauktionen der angekauften Produkte ermöglichen.

Die Kooperation markiert einen weiteren Meilenstein bei der Umsetzung des H2Global-Instruments: nach erfolgreichem Start der ersten ankaufsseitigen Vergabeprozesse im Dezember 2022, legt Hintco den Grundstein für den Verkauf der von ihr angekauften ...

Leipzig-based hydrogen trader HINT.CO receives funding with support from the Free State of Saxony. LBBW and BBS / MBG act as financing partners for Germany's currently largest support program (H2Global) for the green hydrogen market ramp-up.

H2Global funding instrument launches first tender procedure

Leipzig/Hamburg, December 8th, 2022 – HINT.CO GmbH (Hintco) launched the first H2Global tender procedure for the procurement of green ammonia for import into Europe. The tenders for green methanol and e-SAF will follow shortly. The goal of H2Global is to accelerate the international market ramp-up for sustainable hydrogen products through an innovative and efficient funding mechanism. The German Federal Ministry for Economic Affairs and Climate Action (BMWK) provides funding of EUR 900 million for this initiative, with further funding already earmarked for 2023.

The production of the hydrogen derivatives must take place outside the EU ...