Hydrogen beyond the hype: The green fuel's narrow but crucial role in a decarbonized economy
Enthusiasm for green hydrogen may have faded amid high costs and supply issues – but it will be needed in sectors that cannot be easily electrified.
Sponsored articles are produced with the support and collaboration of partners on topics of mutual interest. Steve Capanna is policy director and Owen Zinaman is senior advisor with Crux Alliance.
Just a few years ago, green hydrogen looked set to become a central pillar of the global energy transition. Governments worldwide rolled out sweeping hydrogen strategies, while companies pitched billion-dollar projects to use clean hydrogen throughout the economy.
But the realities of green hydrogen costs, exacerbated by high interest rates and supply chain constraints, have undermined these plans.
Author's summary: Green hydrogen has a crucial role in a decarbonized economy.