Production and consumption must grow in unison to achieve predictable prices
Countries must balance H<sub>2</sub> supply and demand—WHS
Encouraging development at both ends of the value chain will ensure the long-term sustainability of the industry, firms say
Governments at federal and state levels must put in place policies to encourage both the supply and demand of green hydrogen simultaneously if a properly functioning market is to develop, according to industry experts speaking at the World Hydrogen Summit yesterday. Regulators can provide a stable investment environment to ensure production projects go ahead while also putting in place time-limited subsidies to encourage demand, according to Oliver Bishop, general manager for hydrogen at Shell. “We need to make sure we synchronise the demand piece with the supply—that helps all of us get down the cost curve,” he said. “We need to make sure we synchronise demand with supply—that helps
Also in this section
6 September 2024
Emirati NOC signs groundbreaking deal to take 35% stake in ExxonMobil’s large-scale Baytown project, despite uncertainty over US government support
5 September 2024
French green hydrogen producer to supply German firm’s network of refuelling stations under its first major long-term offtake agreement
3 September 2024
Beijing-based electrolyser manufacture will also develop projects with strategic partners in boost for Andalucia region’s green hydrogen ambitions
3 September 2024
As all-electric car sales growth grinds to a halt, firms are eyeing a long-term future for zero-emissions liquid fuels
