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Advertiser.ie - Galway business community invited to learn how to thrive through digital transformation

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How Nova Scotia could become a hub for green hydrogen


Posted: Apr 05, 2021 6:00 AM AT | Last Updated: April 5
The pipeline system installed in Nova Scotia by Heritage Gas may be the only one in North America that could easily be used to distribute hydrogen, the company says.(Heritage Gas)
There are at least two companies in Nova Scotia that believe the province could become a hub for the production and distribution of green hydrogen.
Hydrogen is created by separating the hydrogen and oxygen atoms in water, but it s only considered green if a renewable energy such as wind power is used in the process.
We think green hydrogen could be a game-changer for Nova Scotia, said Derek Estabrook, vice-president of Heritage Gas.  It s a terrific way for us to use the excellent wind resource that we already have here in the province. ....

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How European states stepped in to support grounded airlines in 2020


Aegean Airlines
The Greek government in November set out plans to provide up to €120 million ($146 million) in state support for Aegean Airlines as part of a wider capital increase. Under the plan, the Greek state would receive warrants for the purchase of shares in the company. The European Commission approved the Greek investment, which is being made via a direct grant, on 23 December.
Air Baltic
The Latvian government’s €250 million recapitalisation of Air Baltic was approved by European regulators in July. The move took the Latvian state’s holding in the airline from 80% to above 96%. The state will receive an appropriate remuneration for the investment and there are additional mechanisms to incentivise Air Baltic to buy back the state’s equity participation obtained as a result of the recapitalisation. ....

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