The momentum behind hydrogen remained strong over the past year, but unexpected twists are changing what insiders are calling the “hydrogen race.”
The European Union, the region which just two years ago held a competitive know-how advantage, is now getting caught up in defining its own regulatory framework. These rules are needed to create certainties to implement local hydrogen projects and define a hydrogen supply chain to unlock export projects abroad.
The EU’s cooperation with Gulf countries, and the Middle East in general, is one good example.
Project developers see the potential for hydrogen productionin the region. Land, renewable energy, infrastructure and ports are plentiful. Such large projects increase efficiencies yet require caution as investment mistakes could waste billions of dollars.Can we make energy out of thin air?To view this video please enable JavaScript,…