Outlook 2022: Hydrogen set to expand

Companies are accelerating action across a variety of sectors to use green hydrogen to decarbonise their processes

It has been a long time since the old joke about hydrogen being the fuel of the future was even vaguely amusing. Hydrogen is very much here, as anyone who was ferried around the Japanese capital in one of Toyota’s fleet of fuel cell electric vehicles during the Tokyo Olympic Games can attest. World leaders cannot stop enthusing about using the gas to combat climate change, with their hopes and dreams for hydrogen growing by the day. UK prime minister Boris Johnson says he wants to make his country the “Qatar of hydrogen” and the government hopes the fuel can supply up to 35pc of domestic energy needs by 2050. Germany, meanwhile, has announced some €8bn ($9.2bn) of funding support for 62 hydr