Where has the Hydrogen market gone?

Where has the Hydrogen market gone?
Green Hydrogen genesis

The world emerged from the Covid pandemic at the end of 2020 with a will to change the energy landscape. Exit the good old oil & gas and welcome to the then called “fuel of the future” Green Hydrogen.

At the time, interest rates were at their lowest and massive amounts of public money were to be invested in order to boost the economy. Green Hydrogen was a gold opportunity and received loads of financing. On paper, Hydrogen was seen as a fuel but also as a mean to decarbonize through its combination with CO2. A 4-years period of green hydrogen hype started which led to the apparition of all kinds of projects tagged “Hydrogen”: cars, planes, industries, bicycle, electricity storage…

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