One of Europe’s Greenest Utilities Is Buying Gas Pipelines

Incoming Verbund CEO says pipelines are critical for hydrogen
Austrian utility expects to hit top end of 2020 net forecast

Verbund began recruiting researchers earlier this year to plug into a gas plant in Mellach, offering companies a test bed where they can monitor new hydrogen technologies under real-world conditions. — Verbund began recruiting researchers earlier this year to plug into a gas plant in Mellach, offering companies a test bed where they can monitor new hydrogen technologies under real-world conditions.
Photographer: Akos Stiller/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Jonathan Tirone

December 18, 2020 at 10:49 AM UTC

This article is for subscribers only.

Sign up to receive the Green Daily daily newsletter and follow us @climate.

Austria’s biggest company, also one of Europe’s greenest utilities, is buying into natural gas pipelines to build a new hydrogen economy for power-hungry industries.