Westwood Global Energy forecasts that approximately nine final investment decisions (FIDs) will be made in the European hydrogen sector in 2025, potentially involving larger-scale projects than those approved in 2024.
The analyst estimates that up to 500MW of hydrogen production projects could reach a final investment decision (FID) this year. Notable projects include Uniper’s 131MW Green Hydrogen Wilhelmshaven initiative, Renato’s 329MW Catalina P2X project, and the first three developments to secure contracts under the UK’s HAR 1 scheme.
“These projects share key traits with those that reached FID in 2024,” the UK-based research group wrote online. “Secured funding at significant levels and confirmed offtake agreements with a local company in a hard-to-abate sector.
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