FT Live Hydrogen Summit: Lack final investment decisions holding back electrolyser deployment

The FT Live Hydrogen Summit shifted its focus to electrolysers in its third session, Electrolysers and the Energy Transition.

Efforts to accelerate the energy transition due to the Ukrainian conflict will be felt by electrolyser manufacturers. While questions still remain around the cost of electrolyser technology, can the green hydrogen production method meet demand?

The panel seemingly agreed that electrolyser scale up is possible. However, Jon André Løkke, CEO of Nel ASA, explained that the main challenge facing the technology is the lack of final investment decisions (FIDs) on projects.

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