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IEA: low-emissions hydrogen projects grow as policy support races to catch up
A wave of new projects shows the continued momentum for low-emissions hydrogen despite challenges due to regulatory uncertainties, persistent cost pressures and a lack of incentives to accelerate demand from potential consumers, according to a new report by the International Energy Agency (IEA) released on Wednesday.
Global utilities plan to invest more than $116 billion annually in grids and renewables
The world’s leading utility companies have announced a joint intent to invest more than US $116 billion per year in clean power generation and power system grid infrastructure globally in the coming years. Partners within the Utilities for Net Zero Alliance (UNEZA) launched at COP28, under the guidance of the International Renewable Energy Agency (IRENA) and the UN Climate Change High-level Champions, are stepping up efforts to accelerate the electrification agenda and power system transformat..
