Plans for hydrogen projects at risk due to lack of supporting policy

Image: PixabayImage: Pixabay
The report suggests several steps for governments to reduce risk and improve the economic feasibility of low-emissions hydrogen.

Official Press Release IEA:

Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk

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Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk

Interest in new hydrogen projects remains strong, but a challenging economic backdrop means timely rollout of policy support is needed to deliver investments

Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels can still increase substantially by 2030 if all announced projects are realised and greater efforts are made on encouraging uptake. The number of announced projects for low emissions hydrogen continues to expand rapidly while more than 40 countries worldwide have set out national hydrogen strategies to date. Yet, installed... ... More: Official Press Release IEA

IEA, report, hydrogen, support, policy, pressure, emissions, investment, project, Global Hydrogen Review, supply chain, inflation, costs

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