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
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets
