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Green hydrogen booms in Asia as companies rush into projects

Denmark's Orsted in talks with POSCO, BP invests in Australian project

 

Green hydrogen, which does not emit carbon dioxide in its production process, is seeing demand rise globally for use as a power-generating fuel. Europe, where renewable energy is widespread, has taken the lead in the field, but Asia is now starting to move toward production.

 "We have had an initial focus on Europe. But for certainly in the foreseeable future, we want to step into that area in Asia," Per Kristensen, who oversees the Asia-Pacific division at Orsted, told Nikkei.  Stay informed: Hydrogen Networks