PE Live: Is the world now ready for hydrogen?
The science behind the hydrogen economy has been around for many years, but only now are the necessary real-world factors coming together to support its implementation. Is this the right time to start building a hydrogen economy?
Governments, companies and electorates are increasingly viewing hydrogen as the most workable solution to the challenge set by the Paris Agreement. It offers huge potential gains over fossil fuels for power and transport and in terms of supporting renewables in power grids and storing energy. The challenge is how to make it all economically viable.
The expert panel discussed the progress made in developing a hydrogen economy and the challenges that remain. It covered:
- The potential pathways to a hydrogen economy
- Legal and regulatory issues for developing a new market
- Capital market funding and investor perspectives
- Technological developments and cost reduction