Loading...
Loading...
Report: Government support is needed to encourage hydrogen adoption, and investors need to be selective

Report: Government support is needed to encourage hydrogen adoption, and investors need to be selective

Whilst falling production costs are driving down the cost of green hydrogen, many potentially viable parts of the market will not reach self-sufficiency unless governments provide investment and implement policies that explicitly encourage hydrogen adoption.

That’s according to a new report from Edison Group titled The Hydrogen Economy – Decarbonising the Final 20%, which suggests that hydrogen is essential but perhaps more limited than currently realised.

According to the report released yesterday (6th Jan), without support, the industry will not scale sufficiently – and costs will not reduce to the point below which point subsidies become unnecessary.

The report further suggests that this would stall market growth and some companies may fail to live up to investors’ current expectations, and some may even fail entirely.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...