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BP first full-scale Green Hydrogen project

BP and Danish renewable energy group Orsted have partnered to launch BP’s first full-scale Green hydrogen project by using North Sea wind power.. Production is expected to start in 2024.

BP and Orsted initially plan to build a 50 megawatt (MW) electrolyzer to replace 20% of natural gas-based hydrogen at the plant. The project could be expanded to up to 500 MW at a later stage to replace all of Lingen’s fossil fuel-based hydrogen, BP aims to expand its hydrogen output to 10% of the market by 2030.

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IETA just announced and released their Carbon Market Report 2021. A lot of information well worth to have a look. Please find the link here https://www.ieta.org/resources/Resources/GHG_Report/2021/IE