Italian researchers have published a study in Applied Energy revealing the advantages of hydrogen storage over battery storage in terms of supply-side flexibility. The research conducted by Università degli Studi di Firenze suggests an optimal PV-to-electrolyzer ratio for different regions in Italy. They found that grid dependence increases by 60% when considering aging PV systems, electrolyzers, and batteries, impacting the levelized cost of hydrogen (LCOH). The study aimed to minimize LCOH while adhering to green hydrogen incentives. On the other hand, Fraunhofer Institute for Solar Energy Systems ISE and partners have developed a global hydrogen potential atlas to pinpoint sustainable locations for green hydrogen production and trade partnerships. The atlas highlights Germany's potential partner countries and analyzes import costs from various regions. Liquid hydrogen is projected to be a cost-effective option for long-term imports, with ammonia being the most promising Power-to-X product in the near future. EWE, in collaboration with the German Aerospace Center, has completed the HyCAVmobil project at its gas storage site in Rüdersdorf near Berlin, showcasing safe hydrogen storage in underground caverns. EWE plans to scale up this technology for larger caverns and aims to establish extensive hydrogen storage facilities in salt caverns. The European Commission has initiated the second auction of the European Hydrogen Bank to support renewable hydrogen production across the EEA. The auction, backed by substantial funding from EU funds and Member States, aims to boost the green hydrogen economy in Europe, highlighting the importance of sustainable energy initiatives in the region.