Browsing: Europe

Energy transition news from Europe: hydrogen, storage, grids, nuclear and policy in the EU, UK and wider region.

In the landscape of energy transition, few elements have sparked as much intrigue and enthusiasm as hydrogen. The year 2023 has witnessed a surge in discussions surrounding hydrogen’s potential, often bordering on exaggerated zeal.

Renewable energy giant Orsted and energy company Phillips 66 have jointly announced their decision to withdraw funding from the UK Government’s Hydrogen Business Model (HMB) process for their green hydrogen project Gigastack at Hornsea 2, the world’s largest wind farm. The HMB process aims to financially back the initial gigawatts of low-carbon hydrogen projects by 2025.