Katherine Blunt of The Wall Street Journal reports on NextEra’s push for green hydrogen.
- The Florida-based utility company has said that it sees the potential to invest over $20 billion into green hydrogen and will utilize tax credits that were implemented under recent legislation.
- NextEra is partnering with a fertilizer producer to develop a 100-megawatt green hydrogen facility in Oklahoma.
- NextEra is also planning to convert many of its natural gas power plants to run on hydrogen.
- A large clean energy generator, NextEra says that the permitting challenges surrounding renewables are pushing the company to invest in hydrogen.
Read the full article here.