Singapore-based HySights has launched a new ratings agency for low-carbon hydrogen- and bio-based fuels projects which it hopes could help overcome lagging final investment decisions (FIDs).
The new system uses an “independent, standardised metric” to evaluate, compare and benchmark projects worldwide from pre- to post-production and covering different production pathways.
It is hoped to provide users with project insights across commercial feasibility, the cost of producing low-carbon molecules and its emissions intensity. Each project is graded from A to F.
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