Browsing: Report

Europe Losing Ground in Hydrogen, BCG Says

Europe is at risk of losing its lead in hydrogen technology. China and the USA are advancing faster, warns a study by Boston Consulting Group (BCG). Europe still benefits from earlier advantages in materials, efficiency, and longevity of plants. However, this lead is diminishing.

hydrogen

Tasmania is allocating $8 million towards a new initiative called the Green Hydrogen Price Reduction Scheme. This scheme aims to promote the adoption of green hydrogen technology across the country.

green hydrogen

Spain is stepping up its efforts to expand renewable energy and green hydrogen production by 2030. The Council of Ministers has approved a new plan aimed at significantly increasing the country’s capacity for wind and solar power.

hydrogen

As Germany increasingly shifts towards renewable energy sources, its need for natural gas, including from countries like Canada, is rapidly diminishing. This was confirmed by Jennifer Morgan, Germany’s climate envoy, who emphasized that studies predict a significant reduction in the gas market as the country advances its renewable energy initiatives.