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hydrogen

Scotland is at a pivotal point in its journey towards sustainability, facing the reality that its 2030 net-zero targets are unlikely to be met. However, the commitment to achieving the 2045 targets remains firm. Within this context, green hydrogen emerges as a potential game-changer.

China Leads Global Surge in Hydrogen Electrolyzer Investments

The past two years have seen a significant increase in investment announcements for hydrogen electrolyzers, particularly led by China. According to a report by the Washington-based Energy Research Unit, global investment in electrolyzers used to produce green hydrogen is projected to rise by 140% to $5 billion in 2024.

Germany’s Chancellor Olaf Scholz Pushes for Hydrogen

Germany, a leading industrial nation, is making significant strides in establishing a robust hydrogen economy. At the recent Hydrogen Council’s 2024 International CEO Event, German Chancellor Olaf Scholz emphasized the urgency of private sector engagement and outlined the government’s regulatory framework and funding schemes to expedite hydrogen deployment.