In the energy system of the future, large-scale underground hydrogen storage becomes essential to ensure the stability of the energy system.

The commitments raise the total funding on offer in the second European Hydrogen Bank auction to $2.12 billion. Austria, Lithuania and Spain plan to provide an estimated EUR 700 million ($740.87 ...

Vienna has said it can cope with the loss of its main gas supplier, with reserves and alternative energy sources. Austria was one of only three EU countries still getting gas from Russia ...