Green Hydrogen: always the future never the now? It’s time to take a fresh look at what’s fast becoming a reality. Governments across the world have put hydrogen at the centre of their decarbonisation plans with billions of dollars allocated to stimulating the market and whilst individual strategies will differ, the theme is the same: green hydrogen is the fuel of the future.
Its role goes beyond energy use and there is already an active off-take market. From the perspective of renewable generators, hydrogen can play a pivotal role in enabling unsubsidised projects to work in a low power price environment and provide another business model in areas where the grid is congested. Hydrogen could also be the driver of a new wave of renewable installations as countries’ hydrogen plans hinge on new capacity being available.