Uniper has delayed its goal of investing €8bn ($8.7bn) into green energies by 2030, amid “sluggish” hydrogen progress, after unveiling the strategy just last year.
The German state-owned energy firm has said it will now only invest in hydrogen projects based on a “viable business case” that are expected to generate an “appropriate return on investment.”
Now expecting to meet the €8bn investment in the “early 2030s,” the firm has stressed its ambitions require a “favourable regulatory framework.”
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