The ‘time is now’ for hydrogen – Baker Hughes AM 2021
A clean-molecule solution is needed for hard-to-abate sectors and cost-competitiveness is within sight
The time is now right for the build-out of the hydrogen economy, with supporting factors such as public opinion and the falling cost of technology all falling into place, a panel of industry leaders agreed this morning at the 2021 Baker Hughes annual meeting. Marco Alvera, CEO of Italian energy infrastructure company Snam, said: “I recently moved from being a big sceptic to being a big fan… I think the time is now because the world is the taking net-zero seriously.” He noted that countries representing 60pc of emissions have committed to net-zero and that this is only possible if we “electrify everything” and use “green molecules”. “I recently moved from being a big sceptic to being a
Also in this section
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects






