green hydrogen strategy

The Indian government has approved its national green hydrogen mission which aims to add 125GW of renewable capacity for that purpose by 2030.

Energy giant Statkraft intends to develop 4GW of onshore renewables each year by 2030, an acceleration of its previous 2025 target of 2.5GW - 3GW.

Uruguay has launched its green hydrogen roadmap that will see the country aim to install 20GW of renewables as well as 10GW of electrolysers by 2040.

The war in Ukraine will “turbocharge” the global green hydrogen sector as the cost of alternatives soar by more than 70% and Europe seeks to reduce its reliance on Russian gas with a series a financial packages, according to Rystad Energy.

Energy innovation group EIT InnoEnergy has launched a new initiative aimed at stimulating the development of a green hydrogen economy in Europe that could be worth up to €100 billion a year by 2025.