Vattenfall plans to give retired German coal plant new life as hydrogen hub

Swedish state-owned utility Vattenfall plans to turn the site of its recently shuttered Moorburg coal power plant in northern Germany into a hub for turning wind and solar power into hydrogen.

BY JESPER STARN, BLOOMBERG NEWS

Vattenfall is riding the growing enthusiasm for hydrogen, with many countries seeing the clean fuel as key to a low-carbon economy. Governments are planning generous subsidies to support the fledgling technology, with the European Union aiming to direct as much as 470 billion euros (USD 570 billion) of investment toward hydrogen infrastructure in the coming decades.

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Vattenfall wins right to close coal plant early
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