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Hydrogen Market Gains Momentum Through Global Auctions and Investments

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Hydrogen News

Ammonia,Economy,Green Energy

Supported by billions in government funding and international partnerships, auction initiatives aim to mobilize private investment

Frustration has mounted over setbacks to hydrogen projects in Europe with recent news of projects put on hold, including pauses in high-profile pipeline projects. It appears that risk remains deeply embedded in key points of the supply chain. Advocates decry the slowness of national governments in the US and Europe to clarify standards and policy directives. They see a deficiency of attention to infrastructure to move the new fuels within and among countries.

'We need to create this market, not only big bilateral trades, but liquid markets with price transparency,' says Bollerhey. 'That's why many people were eager to see the publishing of our first pricing signal. 'And the pricing signal on the demand side will be even more important, to know what the market is able and willing to pay.

 

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