Global green hydrogen project pipeline reaches 50 GW
International thinktank IEEFA says there are 50 viable green hydrogen projects under development with an estimated renewable energy capacity of 50 GW and the potential to produce 4 million tonnes of the fuel annually.
BP’s latest green pledge includes fossil fuel assets sell-off
The British energy company has pledged to raise investment in low-carbon energy – including biomass and natural gas-fired hydrogen – tenfold by 2030 and said it would reduce its upstream oil and gas activity 40% over the same period.
EU hydrogen strategy could drive 120 GW of renewables capacity
The European Commission has outlined a long-anticipated plan it says could unlock up to €340 billion for new solar and wind projects over the next decade. The 30-year strategy envisages up to €470 billion being spent on electrolyzer capacity.
Only with hydrogen can we save the climate
There is no alternative to using hydrogen for climate protection. Climate change and its ensuing measures require a lot of effort, money, and above all the right solutions. Therefore, a meaningful project, which will be perceived worldwide as a model for complete technological change, is key. That is what the Bonn Climate Project and the CTC Bonn stand for! We can already see great steps towards a hydrogen economy being taken in Germany. Steps are good, but not enough; we need the implementation of a hydrogen economy now!
