Welcome to our March issue on fuel cells and what a few weeks we have had. This past month has given ample reason to both celebrate and reel. It feels as if we are at peak complexity in hydrogen right now, with successes across geographies and the value chain, but also high-level retrenchment in various areas.
For this issue, we get to grips with the uncertain and unstable landscape in which hydrogen fuel cells now find themselves – characterised by rising ambitions for high-value products and wider deployment, yet a narrowing pool of end-users. This, combined with increasing political uncertainty and limited investor confidence, has delivered a road ahead that’s anything but straightforward.
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