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hydrogens-reality-check-challenges-withdrawals-and-opportunities
hydrogens-reality-check-challenges-withdrawals-and-opportunities

Hydrogen’s reality check: Challenges, withdrawals, and opportunities

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Hydrogen’s role is being questioned right now. In the past year, multiple projects have been cancelled, a Hydrogen Council report has highlighted a significant $335bn investment gap that is jeopardising 2030 targets, and some policies lack clarity. 

But has the hydrogen bubble really burst, or is it that, since the height of its hype in 2019, people are now starting to look at the energy carrier in a much more realistic light, with 2024 marking the year of hydrogen reality? 

These were just some of the questions laid on the table when gasworld sat down with Charlie Currie, Editor, and Edward Laity, News Journalist, of its hydrogen-focused sister publication H2 View. 

“In 2024, the hydrogen hype bubble has finally burst, and I think that became extremely apparent in the second half of the year,” Currie said. “We’ve seen a lot of scrapped projects, companies holding investments, but I do believe that, ultimately, this could provide the foundations for growth.” 

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