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    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    TECO 2030 Starts Manual Production of Fuel Cell Stacks

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    Cluster of Businesses Want The EU To Improve Energy Security

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    In A Move To Avert Blackouts Australia Halts Power Market

    Central American Development Bank commits $800 million toward the fuel relief effort

    Central American Development Bank commits $800 million toward the fuel relief effort

    A New 500-MW Supercritical Coal-Fired Power Plant Going into Operationa in Philippines

    EU Reduces Plans of Fossil-Fueled Electricity By One-Third

    BP to invest up to £18 billion in UK energy system by 2030

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Introducing the CWIEME Advisory Board for 2023

    Toyota granted Zero Emission CARB Executive Order for heavy-duty fuel cell electric powertrain kit

    Toyota granted Zero Emission CARB Executive Order for heavy-duty fuel cell electric powertrain kit

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    SFC Energy AG Strengthens North American Business and Opens Competence Center for Hydrogen Fuel Cells in Canada

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    TECO 2030 Starts Manual Production of Fuel Cell Stacks

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Home Featured

EU, Norway May Work On CO2 Capture And Sustainable Hydrogen

in Featured, News, Renewable Power
A Significant Step Towards Clean Energy- Green Hydrogen

The EU as well Norway are aiming to collaborate together to develop infrastructure so as to capture as well as store the CO2 emissions and also scale up the renewable hydrogen production across Europe as per the draft alliance plan. This plan is going to be announced at a summit of the European country leaders and ministers at Ostend, Belgium, on April 24. The plan will focus on making the North Sea an engine when it comes to offshore renewable energy as well as clean energy technologies.

As per a draught seen by Reuters, the 27-nation EU and Norway plan to develop European market rules and infrastructure to capture, transport, use, and store CO2 emissions. Both sides intend to collaborate together to bring this key technology across markets in order to foster the decarbonization of the hard-to-abate industrial verticals.

It signalled the same intent to tag with hydrogen produced from a renewable source, another green technology the European Union is betting on so as to decarbonize heavy industrial segments such as steel as well as cement making.

Efforts so as to capture the CO2 emissions from the sector and thereafter store them underground in the North Sea have gone on to gather pace lately as nations race towards meeting their respective climate goals, with Norwegian firms falling short of some of the main projects.

It is well to note that the state-owned company of Norway, Equinor, has been capturing and storing CO2 emissions from the Sleipner gas fields since the 1990s. Its soon to-come projects include the Northern Lights, a collaboration that will be done to capture CO2 emissions from industrial facilities and also inject almost 1.5 million tonnes of CO2 per year at the seabed nearby the Troll gas field starting in 2024.

In the draught statement, which can still be changed before it is embraced, Norway and the EU also go on to intensify their partnership so as to protect the Arctic.

The statement did reflect planned cooperation between both sides on fossil fuels. It is well to note that Norway went on to pipe 117 billion cubic metres of gas to the European Union as well as Britain in 2022, thereby making it Europe’s largest supplier of gas after Russia decreased its deliveries last year.

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