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McKinsey & Company

Global hydrogen project pipeline expected to exceed $300 billion by 2030

A new report from the Hydrogen Council has estimated that the current hydrogen project pipeline, if realized, would exceed investments of $300 billion by 2030. The report comes amid an acceleration in hydrogen project announcements worldwide and great expectation of hydrogen’s potential in the energy transition.

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Renewables cheaper than fossil fuel plants by 2030

A report by McKinsey & Company reinforces the widely-held view renewables will supplant fossil fuels in the energy system but also joins the chorus of voices warning the world is on track to fall well short of limiting global temperature rises this century to 1.5C.

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McKinsey: EU slated for 44 GW annual PV additions in cost-neutral path to net-zero

Business analysts at McKinsey & Company have worked the numbers and found that investments into new infrastructure and technologies necessary to achieve the net-zero target will likely be offset by savings in other sectors. Europe’s PV sector could grow to about three times its current size over the next decade.

Affordable hydrogen-fueled flight possible in 2035

Hydrogen-fueled aviation has a realistic chance of helping the sector achieve climate goals, according to a European Union-commissioned study.

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