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
18 June 2025
The country’s green hydrogen sector can gain traction even as the global trade war rages and other headwinds hamper the sector, Mohsen al-Hadhrami, undersecretary of energy and minerals, tells Hydrogen Economist
18 June 2025
UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen