Hint.Co Gmbh

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The Hydrogen Intermediary Network Company (HINT.CO) is a daughter company of the non-profit H2Global Foundation. Within the H2Global funding mechanism, HINT.CO serves as an intermediary to purchase and sell green power-to-X (PtX) products. H2Global is an auction-based mechanism with the objective to promote a timely and effective PtX market ramp-up on an industrial scale. Currently, high upfront investment costs, the inability to recover these costs and the overall inhibiting regulatory environment contribute to a market failure with actors holding on to emission intensive products and technologies. The corresponding lack in available and affordable climate-neutral energy sources prevents CO2 emitters from decarbonizing quickly and consistently. To help overcome this market failure, a dedicated intermediary, the HINT.CO, will conclude long-term purchase contracts on the supply side and short-term sales contracts on the demand side. Based on a mechanism in analogy to the Contracts for Difference (CfD) approach, the difference between supply prices (production and transport) and demand prices will be compensated by HINT.CO using grant funding from the German government. The combination of these long-term purchase agreements with HINT.CO as a government-backed off-taker provide the necessary investment security to unlock large-scale investments now, resulting in a catalytic effect for ramping up the hydrogen economy.

Company Details

Employees
12
Founded
-
Address
Markt 9, Leipzig,sachsen 04109,germany
Industry
Renewables & Environment
Keywords
providers..
HQ
Leipzig, Sachsen
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News

Hintco Opens Application Phase for Four Regional Lots - Fuel Cells Works

Hintco Opens Application Phase for Four Regional Lots Fuel Cells Works

Hintco Starts Second H2Global Tender Worth EUR 2.5 Billion - Fuel Cells Works

Hintco Starts Second H2Global Tender Worth EUR 2.5 Billion Fuel Cells Works

Hintco unveils draft hydrogen sales framework agreement that will form the basis of H2Global offtake auctions - Hydrogen Insight

Hintco unveils draft hydrogen sales framework agreement that will form the basis of H2Global offtake auctions Hydrogen Insight

Hintco Secures EU Innovation Award for Renewable Hydrogen - Fuel Cells Works

Hintco Secures EU Innovation Award for Renewable Hydrogen Fuel Cells Works

H2Global launches €2.5bn second green hydrogen auction - Hydrogen Insight

H2Global launches €2.5bn second green hydrogen auction Hydrogen Insight

Fertiglobe and Hintco officially seal €397 million deal for green ammonia supply to Europe - Offshore Energy

Fertiglobe and Hintco officially seal €397 million deal for green ammonia supply to Europe Offshore Energy

Hintco opens application phase for H2Global global methanol lot - Renewables Now

Hintco opens application phase for H2Global global methanol lot Renewables Now

Second round of H2Global auctions set for larger budget: Hintco - Quantum Commodity Intelligence

Second round of H2Global auctions set for larger budget: Hintco Quantum Commodity Intelligence

H2Global: The emergence of a new standard offtake agreement for synthetic fuels? - Lexology

H2Global: The emergence of a new standard offtake agreement for synthetic fuels? Lexology

Hintco Announces EU Approval for €3B H2Global Auction - Fuel Cells Works

Hintco Announces EU Approval for €3B H2Global Auction Fuel Cells Works

H2Global pilot auction: first renewable hydrogen carrier ammonia supply for EU via Port of Rotterdam - Port of Rotterdam

H2Global pilot auction: first renewable hydrogen carrier ammonia supply for EU via Port of Rotterdam Port of Rotterdam

H2Global: can private investment help in scaling the European Green Hydrogen Economy - Deloitte

H2Global: can private investment help in scaling the European Green Hydrogen Economy Deloitte

Second H2Global tender worth €2.5 billion kicks off - Offshore Energy

Second H2Global tender worth €2.5 billion kicks off Offshore Energy

Hintco extends contract timelines, funding for Dutch/German Global Lot - Quantum Commodity Intelligence

Hintco extends contract timelines, funding for Dutch/German Global Lot Quantum Commodity Intelligence

Fertiglobe, HINT.CO GmbH’s Seal Renewable Ammonia Supply Contract - Egypt Oil & Gas

Fertiglobe, HINT.CO GmbH’s Seal Renewable Ammonia Supply Contract Egypt Oil & Gas

Germany's €588m Commitment for Green Hydrogen Auctions - Fuel Cells Works

Germany's €588m Commitment for Green Hydrogen Auctions Fuel Cells Works

EXCLUSIVE | The next round of H2Global auctions will procure hydrogen made in Europe, as well as from outside the EU - Hydrogen Insight

EXCLUSIVE | The next round of H2Global auctions will procure hydrogen made in Europe, as well as from outside the EU Hydrogen Insight

Germany's H2Global kicks off world’s first green hydrogen subsidy scheme with ammonia import tender - Hydrogen Insight

Germany's H2Global kicks off world’s first green hydrogen subsidy scheme with ammonia import tender Hydrogen Insight

Hintco and Fertiglobe Sign Landmark Renewable Ammonia Supply Contract - Fuel Cells Works

Hintco and Fertiglobe Sign Landmark Renewable Ammonia Supply Contract Fuel Cells Works

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