The UK has officially given the go-ahead for HyNet, a major decarbonization project based in the North West, which is set to transform industry and promote growth across both the North West and North Wales industrial regions.
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The UK government has given the green light to the HyNet project in the North West, which aims to decarbonize industry and foster growth in this region and North Wales.
Hyundai Motor finds itself at a crossroads as it contemplates increasing expenditures to salvage Hydrogen Energy Network (HyNet), a struggling operator of hydrogen charging stations. With Korea Gas Corp. (KOGAS) refusing further financial assistance, Hyundai faces mounting pressure to support the floundering venture.
Hyundai Motor finds itself at a crossroads as it contemplates increased financial commitments to salvage Hydrogen Energy Network (HyNet), a struggling operator of hydrogen charging stations.
The race to harness the potential of hydrogen as a clean energy carrier is in full swing, with ambitious projects unfolding across Europe.
The ambitious HyNet project, aimed at establishing a hydrogen economy in the UK, is at risk of stalling due to government uncertainty, according to Chris Manson-Whitton, CEO of Progressive Engineering and co-ordinating partner of the HyNet plan.
With the announcement of a cooperation with HyNet, one of the UK’s top government-backed industrial decarbonization initiatives, Manchester Airport has disclosed intentions to become the first airport in the country to have a direct supply of low carbon hydrogen fuel.
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