The Danish government has agreed to provide $19 million in funds for two large-scale hydrogen projects under development on the Jutland peninsula. The two projects will produce green hydrogen for the transport sector from renewables sources. Denmark’s largest energy company, Ørsted, has also announced plans for an ambitious 2 MW electrolysis plant with appurtenant hydrogen storage.
This year’s New Energy Outlook report by Bloomberg New Energy Finance predicts renewables can keep us on track for less than two degrees of global heating for the next decade. But after that, other technologies will have to do their bit.
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