Europe’s headlong rush to replace natural gas with clean hydrogen has prompted a strategic rethink at Gazprom, Russia’s state gas company that holds the monopoly over Russian pipeline gas exports.

the U.S. Department of Energy (DOE) announced approximately $64 million in Fiscal Year 2020 funding for 18 projects that will support the H2@Scale vision for affordable hydrogen production, storage, distribution, and use.

"Russia and Germany should take advantage of years of their successful partnership in the oil and gas industry to closely cooperate in the development of hydrogen, climate-friendly technologies for the future," the proposal sent to relevant ministries of both countries said.

Equinor intends to take a final investment decision (FID) in 2023, conditional to supportive UK policy, with potential first production by 2026.

Hydrogen fuel cells can also open up additional revenue streams for utilities

European industry and refineries already use roughly 8 million tonnes of hydrogen each year, but most of this is “grey” hydrogen, a version made from natural gas in a process that produces planet-warming emissions.

The German government formally adopted its long-anticipated national hydrogen strategy

S.Korea aims to sharply increase production of hydrogen-powered vehicles and electricity generation by hydrogen, in an effort to use hydrogen as a major energy source for transportation and power generation.

Hydrogen, the universe's most abundant particle, has often been touted as a way to power vehicles and energy plants, but it is just too expensive.

The iron and steel sector produces coils, bars, wire, cast iron and other products. The largest share of energy use in this industry is for crude steel making.