Shell has abandoned plans for a blue hydrogen production facility in Norway, citing high costs and insufficient market demand. The decision follows a similar move by Equinor, which scrapped its own blue hydrogen project in the country.
Hydrogen derived from natural gas in combination with carbon capture and storage, known as blue hydrogen , has been touted as a stepping stone to decarbonizing European industry and meeting climate goals, but it is more costly than traditional methods.
On Friday, Equinor said it scrapped plans to produce blue hydrogen in Norway and export it to Germany because it was too expensive and there was insufficient demand.
Blue Hydrogen Shell Norway Equinor Energy Transition
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