Author: Anela Dokso

A cornerstone of the clean energy transition, green hydrogen holds the promise of replacing fossil fuels in industries spanning from chemical factories to power plants. However, this ambitious journey is not without its challenges, particularly in terms of cost. The energy giant RWE’s recent stance sheds light on the pivotal role subsidies play in accelerating the adoption of green hydrogen technology.

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The vision of North Africa emerging as a prominent green hydrogen exporter by 2050 to meet Europe’s surging demand is no longer a distant dream. A recent report from accounting consultancy Deloitte has projected an industry that is poised to reshape the global energy map while contributing to a colossal $1.4 trillion-a-year market by 2050.

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The green hydrogen landscape in the UK is set for a groundbreaking transformation as bp’s HyGreen Teesside project advances to the negotiation stage of the government’s progressive electrolytic hydrogen allocation round. With production slated to commence in 2026, this visionary project is poised to propel the nation’s ambitions for a sustainable energy future.

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