CNBC Humanity is facing an uphill battle when it comes to preserving our planet. According to the Intergovernmental Panel on Climate Change, in order to avert some of the worst effects of climate change we need to stop global temperatures from rising 1.5 degrees Celsius above pre-industrial levels. One tool that could help is green hydrogen. Green hydrogen is made
Reuters LONDON/BRUSSELS – A European Union goal to boost the use of zero-carbon hydrogen is likely to be a pipe dream unless the bloc can find billions in investment and persuade member states, under strain from the pandemic hit to their economies, to give their backing. Last month, the European Commission mapped out a plan to expand the production and
Reuters LONDON – Spanish utility Iberdrola said on Friday it is set to start construction on the largest green hydrogen plant for industrial use in Europe. In partnership with chemical manufacturer Fertiberia, the project will be based in Puerollano, central Spain, and consist of a 100 megawatt solar photovoltaic plant and hydrogen production system which will use electrolysis to convert
CNBC Repsol has announced plans to develop a facility that will use carbon dioxide and green hydrogen to generate net-zero emission fuels for use in the transportation sector. The Spanish oil and gas firm also announced Monday that it would be involved in a project to produce gas from “urban waste.” Both projects will be located in the north of
