High Natural Gas Prices Could Lift Green Hydrogen Investment ...Middle East

As the price of natural gas is soaring globally amid a scarcity of supply and Russian threats to cut off flows to Europe unless buyers start paying in rubles, the economics of the so-called blue hydrogen have deteriorated. Green hydrogen made of electrolysis from renewable energy is now the preferred choice of future hydrogen supply as governments target net-zero emissions and a reduction of reliance on Russian gas.  Scalability and costs are still issues to be overcome in green hydrogen production. Yet, Europe’s dependence on natural…

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