Remove Hydrogen Remove Investment Remove Nuclear Power Remove Wind power
article thumbnail

Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential in the decades to come. million metric tons of hydrogen per year, with an estimated value of about $17.6

Hydrogen 130
article thumbnail

'Our seas hold immense potential': PM unveils £160m offshore wind investment

Business Green

Boris Johnson is set to cast a major vote of confidence in the UK's flourishing offshore wind sector tomorrow in a bid to help the country "build back greener", confirming a higher target for 40GW of capacity by 2030, backed by £160m investment towards state-of-the-art turbine manufacturing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

'Our seas hold immense potential': PM pledges to power all UK homes with offshore wind by 2030

Business Green

Boris Johnson trails first stage in '10-point plan' for a green industrial revolution, as government confirms new £160m wind turbine manufacturing investment. So we are committing to new ambitious targets and investment into wind power to accelerate our progress towards net zero emissions by 2050.

article thumbnail

Fresh U.K. Proposals Chase More Nuclear and Higher Carbon Prices

GreenTechMedia

government’s long-awaited energy white paper is out with confirmation of fresh negotiations with EDF over a new nuclear power station and a drive to push up the price of carbon. billion) of government investment will trigger another £36 billion in private money by 2030, it claims. the Saudi Arabia of wind power.

Carbon 130
article thumbnail

Spring Budget: Chancellor to press button on clean energy reset with £20bn carbon capture pledge

Business Green

Next week's Budget will feature a wide-ranging new clean energy package designed to mobilise £20bn of investment in the UK, Treasury confirms The Chancellor will next week promise to "reset" the UK's decarbonisation and energy security plans through an "unprecedented" £20bn investment in carbon capture and clean energy infrastructure.

Carbon 69
article thumbnail

Global Briefing: EU set to push for more stretching 2030 climate target

Business Green

Plus Poland and South Korea coal-phase outs, Siemens Gamesa hydrogen project, and all the top green business news from around the world this week. Poland accelerates coal phase out, pushes for nuclear and offshore wind. Siemens Gamesa wind-to-hydrogen project takes step forward.

article thumbnail

A Nordic energy giant shows how a carbon turnaround happens

Business Green

The company recorded profits of $2.74bn in 2020, with many new projects in the pipeline in the coming decade - including large developments in solar power, onshore wind and green hydrogen. "I France built nuclear power. Denmark looked to offshore wind. Iceland tapped geothermal.

Carbon 100