‘Hydrogen Wars’ pit Europe vs China for $700 billion business - Times of India
‘Hydrogen Wars’ pit Europe vs China for $700 billion business - Times of India ‘Hydrogen Wars’ pit Europe vs China for $700 billion business - Times of India Posted: 01 Nov 2020 12:00 AM PDT Niels-Arne Baden has a problem. The factory he's building for Green Hydrogen Systems is too small. Plans for the Denmark site to be one of the largest for assembling the machines that make hydrogen from electricity were finalized about a year ago. But demand for those electrolyzers is growing so fast that Baden's now planning to double its size. "When I joined this company in 2014, there was no market," Baden said. "Then last year, it was 'Kaboom!', and we were up to our ears in opportunities." The Danish company isn't alone. Governments, energy giants, automobile companies and lobbying groups say hydrogen use is pivotal for cutting greenhouse gas emissions quickly enough to prevent the worst effects of climate chang...