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4 stories
Equinor has scrapped its major blue hydrogen project in Groningen, Netherlands, not due to technical issues, but a lack of industrial buyers willing to commit to long-term contracts, highlighting the economic challenges for partial decarbonization solutions.
Germany's Federal Audit Court is challenging the country's extensive hydrogen strategy, warning of unrealistic goals, high costs, and a need for a 'Plan B'.
A new analysis reveals stark differences in the strategic rationale and demand realities behind China's industrial hydrogen pipeline versus Germany's hydrogen backbone, despite similar lengths.
Despite Lhyfe's claims of doubled revenue and strategic refocus, a closer look reveals massive net losses and a continued reliance on government subsidies in a hydrogen market littered with failures.
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