Statkraft halts its green hydrogen programme
Norway state-owned company Statkraft has halted new hydrogen developments, blaming ongoing market uncertainty.
The move from one of Europe’s largest renewable energy producers is another blow for the developing hydrogen sector.
Statkraft said parts of its portfolio would be “further matured” before seeking investors to try to realise the projects.
Birgitte Ringstad Vartdal, President and CEO of Statkraft, said, “Several projects have received substantial external funding opportunities, and the company is working with authorities to ensure their progression.
... to continue reading you must be subscribed
Subscribe Today
To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.
