SHEL shelves its blue hydrogen project in Norway due to weak demand, highlighting challenges faced by the clean energy industries.

Energy giant Shell has abandoned plans to construct a low-carbon hydrogen plant on Norway's western coast, citing insufficient market demand. The decision comes just days after rival energy company Equinor also cancelled a similar project in the country.

The energy giant has dumped its low-carbon H2 plant plans because of a lack of demand Shell has dumped its plans to install and operate a low-carbon hydrogen f

The proposed Aukra Hub had Shell in a partnership with Aker Horizons and CapeOmega. It aimed to produce 1,200 metric tons of blue hydrogen daily by 2030. Why have Shell and Equinor abandoned their Blue Hydrogen projects in Norway?

Shell has scrapped plans for a low-carbon hydrogen plant on Norway's west coast due to a lack of demand, the energy company said on Monday, days after Equinor cancelled a similar planned project in Norway.

The company had envisioned the Aukra Hydrogen Hub as a means to produce nearly 1,200 tonnes (t) of blue hydrogen per day by 2030.

Shell (NYSE:SHEL) said Monday it is scrapping plans for a low-carbon hydrogen plant on offshore Norway due to a lack of demand. "We haven't seen the market for blue hydrogen materialize and decided not to progress the project,