Equinor abandons ‘blue’ hydrogen plans
September 21, 2024
tags: hydrogen
By Paul Homewood
Norwegian energy giant Equinor has scrapped plans to produce so-called blue hydrogen, citing high costs and insufficient demand.
The move will raise concerns over Equinor’s plans in the UK, where it is heavily involved in a number of hydrogen projects.
It had pledged to generate low-carbon hydrogen from natural gas, known as blue hydrogen, in combination with carbon capture and storage (CCS) in Norway. The hydrogen produced would then be exported to hydrogen-ready power plants in Germany.
The project would have included building the world’s first offshore hydrogen pipeline.
The problem for Equinor’s German project was that it could not find enough customers to buy the hydrogen it proposed to produce.
https://notalotofpeopleknowthat.wordpress.com/2024/09/21/equinor-abandons-blue-hydrogen-plans/
