Gas & Power

Major Global Energy Companies Invest in Green Hydrogen


Published: Wednesday October 14, 2020
By: Oilfield Africa Review

Almost two thirds of oil & gas companies are currently investing in green hydrogen, while more than half of utilities are doing so, according to a global survey of 300 energy and utility companies by French consultancy Capgemini.

The wide-ranging study, Powering sustainability: Why energy and utility companies need to act now and help save the planet, shows that 63% of oil & gas companies are investing in green H2 (derived from renewables-powered water electrolysis), compared to 55% of utilities.

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