RWE and Equinor to cooperate on hydrogen
German and Norwegian companies sign MoU on hydrogen supply and investment in power plants but plan hinges on success of pipeline project
German utility RWE and Norwegian state-owned Equinor have agreed to work together on the development of low-carbon hydrogen supply for use in Germany’s power generation sector from 2030. The two companies have signed a wide-ranging memorandum of understanding (MoU) that calls for collaboration on blue and green hydrogen production projects as well as joint investments in hydrogen-ready gas-fired power plants in Germany. The agreement was announced as the German and Norwegian governments held talks aimed at further strengthening their cooperation on the energy transition, especially on hydrogen supply. “The collaboration has the potential to develop Norway into a key supplier of hydroge
Also in this section
18 September 2024
Greater regulatory clarity and support for demand will be critical for tackling project delays over next two years, say Hydrogen Council and McKinsey
18 September 2024
As part of Petroleum Economist's 90th anniversary special coverage, we look at how hydrogen has emerged from relative obscurity to become a key player in the transition to net zero
6 September 2024
Emirati NOC signs groundbreaking deal to take 35% stake in ExxonMobil’s large-scale Baytown project, despite uncertainty over US government support
5 September 2024
French green hydrogen producer to supply German firm’s network of refuelling stations under its first major long-term offtake agreement