Shell shelved plans to develop a low-carbon hydrogen plant in Norway due to low demand, Reuters reports. The oil giant had planned to produce 1.2k metric tons of blue hydrogen daily by 2030 at the Akura Hydrogen Hub near its Nyhamna gas processing plant in Norway with CapeOmega, but did not renew the contract after it expired in June. “We haven't seen the market for blue hydrogen materialize and decided not to progress the project,” a Shell spokesperson told the newswire. The move comes just days after Equinor made a similar decision to halt plans to build a blue hydrogen pipeline from Norway to Germany with German electricity company RWE.
Japan could reach 80% renewable energy by 2035: Japan could boost its renewable energy share to 80% by 2035 through expanding storage batteries and improving regional power grid cooperation, according to a recent report (pdf). The plan also aims to phase out nuclear and coal energy without significantly increasing electricity costs or reducing industrial activity. Japan would increase renewable capacity to 500 mn KW and reduce CO2 emissions by 65% from 2019 levels.