Project developers are not rushing into final decisions
No quick path to FID for Europe’s green hydrogen projects
Multiple proposals but few final investment decisions amid policy uncertainty and other risks, conference speakers say
FIDs on European green hydrogen projects remain elusive as developers and their backers monitor shifting policy frameworks, while sites and grid connections for electrolysers can be difficult to secure, according to speakers at the FT Hydrogen Summit. Developers have tabled multiple project proposals, but the industry needs first-movers to commit to FIDs to give the sector momentum and ensure a smooth ramp-up of production. Smaller projects can lead the way, and the industry should not wait for mega-projects under development by players such as the oil majors, which work to longer investment horizons, speakers say. “We need FIDs in this space,” says Jane Toogood, sector CEO at technology com
Also in this section
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required
4 March 2026
Turmoil in Middle East reminds nascent clean hydrogen sector that its future prospects are dependent on global energy markets and geopolitics
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
