Italy Pens Draft for National Hydrogen Strategy
Italy has released a draft National Hydrogen Strategy in an ongoing effort to reduce reliance on fossil fuels and invest in renewable energy. As reported by Reuters, the Industry Ministry will invest around $12 billion in the strategy by 2030. According to Reuters, the strategy would strengthen the nation’s economy by creating more than 200,000 jobs and contribute around $32 billion to Italy’s gross domestic product. The draft states that hydrogen will rely heavily on Italy’s existing natural gas pipeline network, and the use of electrolysis capacity will be used to increase green hydrogen production. Once the strategy is approved, Reuters reported that hydrogen could make up 2% of the natio
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