Let the oil giants tell you why green H2 will happen

Let’s stop the debate on whether the green hydrogen industry will materialize or not for just one second and let’s look at it from the angle of the oil giants – for once! French energy giant TotalEnergies has recently issued a call for tenders aimed at procuring a substantial 500,000 tons of green hydrogen annually by the year 2030. This ambitious move is part of TotalEnergies’ overarching strategy to replace the utilization of grey hydrogen within its six European oil refineries, as well as two biofuel refineries. The company is steadfast in its commitment to transition from grey to green hydrogen, with a specific focus on significantly reducing greenhouse gas emissions attributed to its oil and gas operations. This endeavor…