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BP Signals Imminent Hydrogen and Offshore Wind Plays

BP Signals Imminent Hydrogen and Offshore Wind Plays

Greentech Media’s John Parnell highlights the efforts of British Petroleum to pursue clean energy projects and lower emissions.

The C3 Take
  • BP will begin making offshore wind bids in the next six months.
  • Bernard Looney, CEO of BP, has stated that while the company is pursuing advancements in hydrogen energy it won’t become a “‘significant accounting line until 2030.’”

“BP is backing both blue and green hydrogen. A gas power plant in northeast England with carbon capture and storage capabilities will be the foundation of a low-carbon industrial cluster with blue hydrogen fed to industrial customers.”

Read the full article here.

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