Europe’s Biggest Gas Grid Ramps Up Hydrogen Efforts
GreenTechMedia
NOVEMBER 21, 2019
The largest natural gas infrastructure firm in Europe has launched a new hydrogen business and increased its financing for low carbon projects. Snam, which runs the Italian gas grid and is active in France, Greece and the U.K., has pledged to direct 20 percent of its annual investments into sustainable projects by 2023 via its SnamTec arm. SnamTec was launched in January to act as an innovation vehicle to help the group navigate the energy transition.
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