The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results. That is why Deme, Engie, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge and WaterstofNet are joining forces. A joint study serves as a…
Green hydrogen could become economical in the 2030s, according to BloombergNEF. That assumes policy makers provide incentives to support it. Costs are expected to tumble as electrolysis technology becomes more efficient and production is scaled up. Moves by European governments to increase the cost of carbon dioxide emissions could further tilt the economics of the market in favor of hydrogen.
Hydrogen will be used in the refinery and as green hydrogen fuel for heavy duty vehicles in Denmark.