Formed in the Big Bang, hydrogen is the most abundant element in the known universe and believed to comprise about 75% of matter. Hydrogen, therefore, is seen as one of the key elements in targeting net zero carbon emissions.
Europe has redefined its strategy on renewables by placing hydrogen at the forefront with an eye to overtaking the current leader, China. The EU’s main financier, the European Investment Bank, openly defined itself at the GCV Digital Forum in June as the world’s largest green bank, operating within the EU’s next 2021-27 budgetary cycle.
The European Commission has formed a hydrogen alliance featuring industrial leaders, such as oil and gas major Shell, energy network operator Gasunie and energy infrastructure company…