Highlights 2030 hydrogen demand 120 mil mt with govt pledges Over 200 mil mt needed by 2030 for net-zero pathway Massive additional renewables needed: Platts Analytics More ambitious and concrete hydrogen policy efforts are needed from governments across Europe and beyond to bridge a wide
South Korea will provide 27.9 million mt/year of “clean hydrogen” by 2050, all of which will be either green or blue hydrogen, excluding grey hydrogen, as part of efforts to expand hydrogen production and consumption in order to make it the country’s number one energy
Highlights Strict adherence could hamper green H2 development Temporary grace period to recognize timing issues Enel, EDPR confident of cost parity by 2030 The EU’s methodology defining how renewable hydrogen is produced should include a transition period on the need to prove additionality, sector leaders
Highlights Reviving UK wind output helps France UK gas stocks at 17.5 TWh, 7% up YoY December NBP contract at 235.05 p/th Falling temperatures twinned with sub-par French nuclear availability saw UK power exports to France and Belgium ramp up into the Nov. 25 morning
How is energy demand faring across different sectors and regions amid the evolving coronavirus pandemic? In this week’s Commodity Tracker, S&P Global Platts editors look at global aviation, Chinese fuels consumption, Brazilian power demand and European refining, as well as US LNG output. 1. Lift