How US Treasury guidance on a new tax credit could shape the clean hydrogen economy, the future of American industry, and orient the power sector for full decarbonization.
Europe will need to ramp up both production and imports of green hydrogen to cleanly power energy-intensive industries.
We are reaching a series of tipping points in green hydrogen production and demand, and all actors should be prepared to capture these new opportunities.
A slew of new hydrogen projects in the works, coupled with sky-high fossil energy prices, point to a significant near-term role for green hydrogen.
Targeted investment will help reduce near-term risks that could slow the rollout of clean hydrogen across European industry.