Trending: RWE, Equinor to Scale Up Low-Carbon Hydrogen in Europe
06 January 2023 - 1:28AM
Dow Jones News
1358 GMT - RWE AG and Equinor ASA are among the most
talked-about companies across news items over the past 12 hours,
according to Factiva data, after announcing a strategic cooperation
to develop large-scale value chains for the production of
low-carbon hydrogen in Europe. The two energy players plan to build
new power plants in Germany that will be initially fuelled with
natural gas and eventually hydrogen in order to strengthen security
of supply across the continent and contribute to the
decarbonization of hard-to-abate sectors. The partnership plans to
build production facilities for low-carbon hydrogen in Norway and
export hydrogen by pipeline from Norway to Germany. In the long
term, the aim is to scale up production of hydrogen from renewable
sources--also known as green hydrogen--such as from offshore wind
farms. Dow Jones & Co. owns Factiva.
(giulia.petroni@wsj.com)
(END) Dow Jones Newswires
January 05, 2023 09:13 ET (14:13 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Rwe (PK) (USOTC:RWEOY)
Historical Stock Chart
From Nov 2024 to Dec 2024
Rwe (PK) (USOTC:RWEOY)
Historical Stock Chart
From Dec 2023 to Dec 2024
