Policy uncertainty creates ‘gap’ between hydrogen aims and reality, says BNEF
- Admin
- May 29, 2024
- 1 min read
BloombergNEF predicts a significant increase in clean hydrogen supply by 2030, driven by policy support. However, challenges remain with many projects facing delays or cancellations. The electrolysis projects are lagging, and government targets for hydrogen deployment may be missed by a large margin. The report highlights the dominance of China and Europe in electrolysis capacity, while the United States is expected to lead the blue hydrogen market. Despite progress, challenges and uncertainties persist in achieving low-carbon hydrogen goals globally.
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