Energy giants team up for 25GW green hydrogen 'moonshot'

Michael Holder
clock • 4 min read

Iberdrola, Ørsted, ACWA Power, CWP Renewables, Envision, Yara and Snam lead UN-backed drive to halve cost of hydrogen by 2026

A major UN-backed drive to rapidly scale-up global green hydrogen capacity 50-fold over the next six years while halving production costs has won the backing of a host of global energy giants, including...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

COP30 President: Tripling renewables and fossil fuel transition are priorities for UN climate talks

Green groups and businesses urge government to 'pause and rethink' planning overhaul

More on Energy

Global Briefing: Renewables could cut Mexico's gas imports by $1.6bn by 2030, study claims
Energy

Global Briefing: Renewables could cut Mexico's gas imports by $1.6bn by 2030, study claims

Mexico's clean energy targets promise to boost energy security, the latest Indian renewables mega-project has been confirmed, and the flagship US offshore wind project could be back on track

James Murray
James Murray
clock 23 May 2025 • 10 min read
Ofgem confirms seven per cent cut in energy price cap
Energy

Ofgem confirms seven per cent cut in energy price cap

Regulator announces price cap to fall to £1,720 a year for the average household, as experts call for wider reforms to curb energy bills that remain well above pre-crisis levels

James Murray
James Murray
clock 23 May 2025 • 5 min read
'There is still no plan': Does the UK risk repeating past 'just transition' failures in the North Sea?
Energy

'There is still no plan': Does the UK risk repeating past 'just transition' failures in the North Sea?

Scotland's Just Transition Commission calls for urgent action from policymakers and North Sea industries to ensure a smooth and fair transition for oil and gas workers as the switch to net zero technologies accelerates

Michael Holder
Michael Holder
clock 23 May 2025 • 7 min read