The third FT Live Hydrogen Summit in London on Thursday (June 15) brought a day of intense discussion and debate from players across the hydrogen industry and beyond, with the difficulties of reaching financial close, securing offtake and concerns of “hype” around the industry regularly coming to the forefront of discussions.
The day kicked off with Pilita Clark, Associate Editor of the Financial Times telling delegates that the event could not have come at a better time, with “a lot of hurdles still to be overcome before hydrogen does take its place in a decarbonised economy.”
Clark’s sentiment was reiterated in the first session of the day, delving into the geopolitics of hydrogen, which heard Tom Dimitroff, General Counsel and Head of Strategy at CWP, say that although hydrogen is not a silver bullet for decarbonisation, it does have its place, however noting that the market still needs firming up.
“We’re probably a little way off from firming up prices and a market so that we can actually start running economics and understanding whether green and grey hydrogen can be made to balance each other out,” he told attendees.
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