Despite a dramatic increase in final investment decisions (FIDs) globally in 2024, large-scale production capacities are still yet to be seen, according to AECOM’s Toby Uppington.
The Senior Vice-President and Global Energy and Hydrogen Markets Lead claimed that although hydrogen projects are beginning to reach FID, they “aren’t going to get us to achieve existing Net Zero targets” any quicker.
The Hydrogen Council’s latest Hydrogen Insights report highlighted that the value of FID’d projects has grown from $10bn in 2020 to a total of $75bn
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