UK markets close in 7 hours 29 minutes
  • FTSE 100

    6,882.13
    -81.51 (-1.17%)
     
  • FTSE 250

    23,405.63
    -253.31 (-1.07%)
     
  • AIM

    1,265.02
    -10.72 (-0.84%)
     
  • GBP/EUR

    1.1673
    -0.0040 (-0.34%)
     
  • GBP/USD

    1.3672
    -0.0066 (-0.48%)
     
  • BTC-GBP

    32,773.10
    -2,577.12 (-7.29%)
     
  • CMC Crypto 200

    1,115.87
    -109.66 (-8.95%)
     
  • S&P 500

    4,432.99
    -40.76 (-0.91%)
     
  • DOW

    34,584.88
    -166.42 (-0.48%)
     
  • CRUDE OIL

    71.14
    -0.83 (-1.15%)
     
  • GOLD FUTURES

    1,754.00
    +2.60 (+0.15%)
     
  • NIKKEI 225

    30,500.05
    +176.75 (+0.58%)
     
  • HANG SENG

    24,096.21
    -824.55 (-3.31%)
     
  • DAX

    15,216.89
    -273.28 (-1.76%)
     
  • CAC 40

    6,452.87
    -117.32 (-1.79%)
     

Iberdrola teams up with AECOM on hydrogen rail link in Italy

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
FILE PHOTO: The logo of Spanish power company Iberdrola is seen on top of Iberdrola's main office building in Madrid
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

MILAN (Reuters) - Spanish renewables group Iberdrola said on Tuesday it was teaming up with U.S. infrastructure consultant AECOM and others on plans to convert an Italian railroad to run on green hydrogen.

The 300 kilometre (186 mile) railway link, which crosses four central Italian regions, is only partially electrified and is currently used by old diesel-powered trains, Iberdrola said in a statement.

"Besides having a big environmental impact, (the project) aims to have significant economic and social effects," Iberdrola Italy manager Lorenzo Costantini said.

Iberdrola, a global leader in wind energy production, is working on several projects worldwide to produce hydrogen from renewable electrolysis and supply it for various uses including heavy transport and the chemicals industry.

The agreement with AECOM also includes a feasibility study to develop a hydrogen-powered rail link connecting the seaside town of San Benedetto del Tronto on Italy's eastern coast to Rome.

(Reporting by Stephen Jewkes; editing by Jason Neely)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting