While Norway leads Europe in EV adoption, the Netherlands is the region’s leader in charging infrastructure, with the highest ratio of chargepoints to inhabitants.
“We have a chicken and egg problem. We have hydrogen but not the infrastructure to transport it economically,” said Alejandra Pérez-Plá of Global Capital Finance.
A rewiring of the market for hydrogen as well as fears around ammonia 'cracking' costs were discussed by delegates at Solar Media's Green Hydrogen Summit EU.
Econergy and Rivage Investment have agreed to £128 million (€150 million) in debt financing to progress their pipeline of European renewable PV, wind, and storage projects.
The University of Aberdeen is developing a green hydrogen storage technology which would allow renewable energy to be captured in depleted oil and gas reservoirs.