Author: Mark Venables

Currently, global production of low-carbon hydrogen is minimal, its cost is not yet competitive, and its use in promising sectors such as industry and transport remain limited, but there are encouraging signs that it is on the cusp of significant cost declines and widespread global growth, according to the IEA’s Global Hydrogen Review 2021. Hydrogen is light, storable, and energy-dense, and its use as a fuel produces no direct emissions of pollutants or greenhouse gases. The main obstacle to the extensive use of low-carbon hydrogen is the cost of producing it. This requires either substantial amounts of electricity to produce…