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Market Pulse briefing

News from the latest published weekly analyses. Browse earlier pages to explore the archive.

· Europe

Moeve Breaks Ground on Europe's Largest Green Hydrogen Project in Spain

Moeve has broken ground on Europe's largest green hydrogen project in Palos de la Frontera, Spain, with phase one investing over €1 billion including €300 million in EU subsidies for 300 MW of electrolysis. The project signals a decisive return of large-scale green hydrogen FIDs in Europe, directly catalyzed by geopolitical energy market disruption.

Week ending: Sep 18, 2026

· Europe

Spain Awards €126 Million to 160 MW in First National Green Hydrogen Auction

Spain awarded €126 million to 160 MW of green hydrogen projects in its first national auction, offering production-based subsidies for ten years through the Auction-as-a-Service mechanism.

Week ending: Sep 18, 2026

· Europe

Masdar Exits OMV Hydrogen Project in Austria

Masdar has exited the OMV hydrogen project in Austria, removing expected equity of several hundred million euros, though the approximately €600 million project continues via an EIB loan and Austrian public funding.

Week ending: Sep 18, 2026