Nel Hydrogen Electrolyser, a key player in hydrogen technology, recently announced that its subsidiary Nel ASA has secured a grant of up to €135 million. This grant aims to support the development of innovative projects in the hydrogen sector, with a focus on advancing electrolysis technology. The funding is expected to enable Nel Hydrogen Electrolyser to achieve a 30% cost reduction for proton exchange membrane (PEM) electrolysers, which is a significant advancement that can potentially drive market growth and adoption of hydrogen solutions. Additionally, the article briefly mentions the release of updated terms and conditions for the second European Hydrogen Bank (EHB) auction by the European Commission. These changes are likely to impact the hydrogen market in Europe and could present new opportunities for industry players. Furthermore, the article includes information about Quantum Commodity Intelligence, a premium subscription service offering market insights and data for professionals in various sectors including oil, biofuels, carbon, and ammonia markets. Subscribers to Quantum Ammonia service gain access to daily price assessments, market news, price commentary, and fundamental trade data, enhancing their decision-making capabilities in these markets. The Quantum Ammonia Daily market report provides subscribers with valuable updates delivered directly to their email, ensuring they stay informed about the latest trends and developments in the industry. Overall, the news of Nel Hydrogen Electrolyser's grant and the mention of the Quantum Commodity Intelligence service highlight the ongoing advancements and opportunities in the hydrogen and related commodity markets, indicating a positive outlook for the industry.