The Hydrogen Stream: Europe could miss 2030 hydrogen targets
- Admin
- Jul 21, 2024
- 1 min read
The European Court of Auditors raised concerns about the EU potentially missing its 2030 renewable hydrogen targets due to lack of solid analysis. The US Department of Energy signed a $12.6 billion deal with Arches to build a hydrogen hub in California. California Governor Gavin Newsom highlighted hydrogen's role in decarbonizing ports and supporting various hydrogen-powered vehicles. ZeroAvia partnered with Ryze to supply hydrogen for testing at Cotswold Airport. Masdar raised $1 billion through a green bond issuance to support renewable energy projects and aims to become a leading green hydrogen producer by expanding its capacity to 100 GW by 2030.
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