Hydrogen: Poised for Lift-Off?

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Interest in low-carbon hydrogen opportunities is surging -- but can the global energy industry turn the hype into reality? Green hydrogen projects need to see rapid expansion in scale and declines in renewable power and electrolyzer costs, while blue hydrogen is at the mercy of volatile natural gas prices. Hydrogen transportation and trade remain embryonic. And costs need to fall significantly for hydrogen’s competitiveness in end-uses like transportation or industry to be assured.