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Hydrogen Market Databook 2025: Western Europe, part 2
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
H2 Green Steel raises €1.5b in landmark equity deal
Largest private placement in Europe in 2023 puts Swedish hydrogen-based steel plant on track for 2025 startup
OX2 launches 1.9GW Swedish green energy hub
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Orsted takes FID on Swedish e-methanol project
Fuel will be produced from mix of green hydrogen and biogenic CO₂ captured from the Ornkoldsvik combined-heat-and-power plant
Outlook 2023: A wake-up call for shipping
When it comes to green fuel production, inaction remains our greatest enemy
Jera signs MoUs on ammonia supply
Japanese utility working with shipping firms to develop ammonia supply chain for power plant
Hydrogen partnerships flourish at Cop27
The conference has already seen the signature of a green hydrogen shipping agreement and US support for a Ukrainian nuclear hydrogen project
ExxonMobil and partners launch UK low-carbon cluster
Solent cluster on south coast will include production of hydrogen and sustainable fuels for aviation and shipping
Singapore takes cautious approach in hydrogen strategy
The country has not set specific import targets in its national hydrogen strategy but plans to invest in R&D and undertake long-term land and infrastructure planning
Swedish green steel plant raises further finance
H2 Green Steel has raised a further €70mn in new equity investments, bringing its total to €260mn
Methanol is seen as a viable option for decarbonising shipping
Shipping Sweden
Tom Young
12 January 2022
Follow @PetroleumEcon
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Orsted takes stake in green methanol project

Swedish development will supply methanol manufactured from green hydrogen to the shipping sector

Danish energy company Orsted is to acquire a 45pc stake in rival developer Liquid Wind’s Flagship One e-methanol project in Sweden. The development will use biogenic CO₂ captured from the Horneborgsverket combined heat and power plant in Ornskoldsvik, where Flagship One will be located. The CO₂ will be hydrogenated using green hydrogen produced by a 70MW electrolyser powered by onshore wind, and the resulting methanol sold as a low-carbon fuel for the shipping industry. “We at Orsted are ready to be a driving force in maturing the green fuels industry, where we can play a significant role in decarbonising hard-to-abate sectors like maritime transport,” says Martin Neubert, deputy group CEO o

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BP exits $55b Australian green mega-project
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
Hydrogen leakage poses growing threat to green scale-up
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
Ammonia ambitions to help drive gas demand
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The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
Stellantis halts hydrogen vehicle programme
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets

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