Hydrogen has the potential to be a game changer in this context and in Europe, we want to be the ones leading the way. The moment is right.
‘Green hydrogen’ from renewables could become cheapest ‘transformative fuel’ within a decade
The Company’s Net Zero by 2050 Plan identifies 10 key areas of focus, including decarbonizing the gas network through use of renewable natural gas and hydrogen;
Germany may surpass its target of 5 gigawatts (GW) of installed hydrogen capacity by 2030 as it speeds up coordination efforts at a national and European Union level, the government’s national commissioner for green hydrogen said in a webinar on Tuesday.
Stone Edge saw the benefits of green hydrogen early on. After struggling to power its operations through photovoltaic solar systems alone, owner Mac McQuown sought a more integrated solution. With the support of Omni Energy Solutions, Stone Edge installed a micro-grid that combines various clean energy technologies, including renewable electricity generation and battery and hydrogen storage, with real-time monitoring and…
Calling it a once-in-a-lifetime opportunity, Goldman Sachs estimates the addressable market could be worth €10 trillion ($11.7 trillion) by 2050, split between Asia, the U.S. and Europe.