Lately, it feels like the escalating hype and interest in hydrogen is beginning to take on a meaningful form. Which, I hope, can and will lead to focused action to reduce our unhealthy dependence on fossil fuels. The recent publication of the EU Commission’s Hydrogen Strategy Document as well as new investments into hydrogen generating technology, both public and private, are significant and important steps in the right direction.
The commercialisation of hydrogen has been a long time coming. I remain optimistic that over the coming years we will see a supportive regulatory framework and the necessary investments in technology and infrastructure. This will be crucial in accelerating the energy transition, addressing hard-to-abate sectors and achieving a climate neutral Europe by 2050.
I remain optimistic, in part because we have to solve this, and I believe people and communities will come together to do so. And in part because market forces are now converging for hydrogen to succeed – renewable electricity is cheaper and more widely available, green hydrogen production is ramping up and becoming increasingly cost-effective, and demand for low carbon alternatives is growing as transport and industry need to reduce carbon emissions and increase their focus on sustainability.
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