Joe Hennessy, market analyst for PV Tech Research, provides an overview of European green hydrogen projects—how much has been built so far, and what is in the pipeline for the coming years.
A consortium of UK-based companies has formed with plans to produce 1GW 'clean' hydrogen capacity by 2030, injecting £6.5 billion in private capital and creating 24,300 jobs in the UK.
The Scottish government has announced that businesses will be able to bid for a share of up to £7 million funding to kick start green hydrogen projects across Scotland.
“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.