Recent reports suggest that oil companies in the U.K. have been exaggerating the costs of blue hydrogen projects, as well as the need for their development to decarbonize the industry, in order to gain additional funding for new hydrogen plants. A U.K. government policy supporting hydrogen development was announced this month. The policy provides equal support for both blue and green hydrogen projects and a total projection of £4 billion in hydrogen investments by 2030. This will go towards the production of an estimated 5 gigawatts…
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