Global hydrogen project pipeline will see strong growth in the next ten years as investments in the sector are predicted to reach $300 billion (£215bn) in total.

That’s according to a new report by the Hydrogen Council and McKinsey & Company, which suggests almost 228 large-scale projects in more than 30 countries have already been announced. The analysis estimates 85% of these projects are located in Europe, Asia and Australia.

Global Spending in Hydrogen Projects to Reach $300bn by 2030 | Devamı>>>

Hydrogen has swept onto the world’s energy stage as the solution to decarbonization. As the clock ticks fast towards the 2050 carbon neutrality deadline and as global warming accelerates, the pressure to act is palpable. Indeed, hydrogen will play a key role in the energy transition in some sectors, if it is supported by heavy government subsidies to make it efficient and competitive. But in my view it is not the energy of the future across the board and the road to the so-called hydrogen economy is filled with pitfalls.

Hydrogen Is The Energy of The Future, Up To A Point | Devamı>>>