Green hydrogen is the talk of the power sector these days, but it will be at least a decade before it becomes a major line item on the books of European utilities and generators, executives say. Gigawatt-scale green hydrogen projects have sprung up on three continents recently, including the world’s largest plan so far, a 4-gigawatt plant in Saudi Arabia. Governments are rushing to publish coherent strategies as they compete to build hydrogen hubs. The European Union is sending strong long-term signals for green hydrogen with a dual electrolyzer target: The EU wants 40 gigawatts of electrolyzers installed within its own borders by 2030 and another 40 gigawatts in nearby nations to export into the EU — with North Africa one potential candidate given its proximity to Southern Europe and vast solar resources.
GTM 18th Aug 2020 read more »