The project is rather modest but, since it is early days in renewables hydrogen, it is intriguing. BP has the ambition to have a 10% market share in core markets, hence the firm must start rather sooner than later. As far as costs are concerned, besides the fact that the two companies have applied for funding from the EU Innovation Fund, there is no information so far.
10 Nov 2020
Industrial-scale green hydrogen project
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Industrial-scale green hydrogen project
BP p.l.c. (BP:LON) | 496 14.4 0.6% | Mkt Cap: 83,799m
- Published:
10 Nov 2020 -
Author:
Kevin VO -
Pages:
2
The project is rather modest but, since it is early days in renewables hydrogen, it is intriguing. BP has the ambition to have a 10% market share in core markets, hence the firm must start rather sooner than later. As far as costs are concerned, besides the fact that the two companies have applied for funding from the EU Innovation Fund, there is no information so far.