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norway-launches-green-transition-package-and-hydrogen-strategy
norway-launches-green-transition-package-and-hydrogen-strategy

Norway launches green transition package and hydrogen strategy

Hydrogen is specifically mentioned in a NOK 3.6bn green technologies investment package unveiled by the Norwegian Government last month.

The investment objective is to underpin the green transition and use this as the motor of accelerating out of the Covid-19 impacts on energy and industry.

Funding will be provided through public and public-private mechanisms whereof the bulk will focus on supporting medium to high TRL activities supporting industrial competitiveness in emerging solutions.

Norway is also following suit of many other European countries by launching a Hydrogen Strategy and looking into the hydrogen economy benefits, being a true cross-sectorial enabler and key for reaching net zero GHG emissions by mid-century.

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