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Norwegian government mulls state-owned hydrogen company

Both Equinor and Statkraft are in dialog with the government on their respective hydrogen ventures, writes Norwegian outlet E24.

Photo: 9200 Adam Ihse/TT/TT NYHETSBYRÅN / TT NYHETSBYRÅN

Equinor and Statkraft confirm having ongoing dialog with the Norwegian government on a possible state-owned hydrogen company, reports Norwegian media outlet E24.

"The idea is that it wouldn't have to compete against existing companies, but be a kind of engine to bring about new hydrogen investments in Norway," said Norway's Minister of Climate and Environment Espen Barth Eide during COP26 in Glasgow, according to E24.

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