The global supply of low-carbon hydrogen is set to be dominated by the US, Europe, and China by the end of the decade, driven by strong regulatory support and ambitious growth targets, according to a recent report by BloombergNEF (BNEF).
Browsing: Europe
In the heart of Europe, a bold vision is taking shape—converting conventional power plants to run on hydrogen, an emissions-free fuel touted as a key to meeting aggressive climate targets.
The European Commission’s recent announcement of €720 million in funding for seven renewable hydrogen projects marks a significant milestone in Europe’s transition to cleaner fuels.
Green Energy Park (GEP) has ignited a new chapter in Brazil’s energy sector, securing significant funding and long-term rights to a hydrogen port terminal for green ammonia exports to Europe.
ACME Group has joined hands with Hydrogenious LOHC Technologies, a German Liquid Organic Hydrogen Carriers (LOHC) innovator. They’ve signed a Memorandum of Understanding (MoU) to mutually investigate the possibility of creating large-scale hydrogen supply chains.
Europe stands at the forefront of the global race towards green hydrogen dominance, fueled by significant investments and ambitious initiatives to decarbonize industries.
Expanding the use of hydrogen fuel in Europe and the United States may require an investment exceeding $1 trillion, according to a senior executive at Mitsubishi Heavy Industries.
As Europe stands at the crossroads of its energy trajectory, the upcoming 2024 European elections herald a pivotal moment for shaping the continent’s energy landscape.
Europe is poised to witness a groundbreaking advancement in sustainable transportation with the introduction of the continent’s first hydrogen-powered tram, set to debut in Görlitz by the end of 2026.
The growing momentum behind hydrogen as a clean energy solution is met with skepticism and concern from environmental groups across Europe.
